NASDAQ:WOOF

Petco Health and Wellness - WOOF Stock Forecast, Price & News

$11.09

+0.05 (+0.45%)

(As of 12/1/2022 12:00 AM ET)

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Today's Range: $10.71
▼
$11.22
50-Day Range: $9.36
▼
$12.27
52-Week Range: $9.14
▼
$22.75

Volume: 4.27 million shs
Average Volume: 2.40 million shs
Market Capitalization: $2.53 billion

P/E Ratio: 24.64
Dividend Yield: N/A
Price Target: $16.89

Petco Health and Wellness MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 44.3% Upside
$16.00 Price Target
Short Interest: Healthy
10.65% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.30
Upright™ Environmental Score
News Sentiment: 0.75
Based on 31 Articles This Week
Insider Trading: Selling Shares
$64,025 Sold Last Quarter
Proj. Earnings Growth: 15.63%
From $0.64 to $0.74 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.06 out of 5 stars

Retail/Wholesale Sector

18th out of 217 stocks

Retail Stores, Not Elsewhere Classified Industry

1st out of 14 stocks

4.4

Analyst's Opinion

Consensus Rating
Petco Health and Wellness has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.00, Petco Health and Wellness has a forecasted upside of 44.3% from its current price of $11.09.
Amount of Analyst Coverage
Petco Health and Wellness has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
10.65% of the float of Petco Health and Wellness has been sold short.
Short Interest Ratio / Days to Cover
Petco Health and Wellness has a short interest ratio ("days to cover") of 7.3.
Change versus previous month
Short interest in Petco Health and Wellness has recently decreased by 9.31%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Petco Health and Wellness does not currently pay a dividend.
Dividend Growth
Petco Health and Wellness does not have a long track record of dividend growth.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Petco Health and Wellness has received a 29.95% net impact score from Upright. Petco Health and Wellness seems to create the most significant positive value in categories "Jobs", "Taxes", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Physical retail of pet supplies at a pet store", "Online retail of pet products", and "Veterinary services for pets" products. See details.
Environmental Sustainability
The Environmental Impact score for Petco Health and Wellness is -1.30.

2.6

News and Social Media Coverage

News Sentiment
Petco Health and Wellness has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 31 news articles for Petco Health and Wellness this week, compared to 3 articles on an average week.
Search Interest
Only 18 people have searched for WOOF on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added Petco Health and Wellness to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Petco Health and Wellness insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $64,025.00 in company stock.
Percentage Held by Insiders
Only 0.55% of the stock of Petco Health and Wellness is held by insiders.
Percentage Held by Institutions
68.23% of the stock of Petco Health and Wellness is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Petco Health and Wellness are expected to grow by 15.63% in the coming year, from $0.64 to $0.74 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Petco Health and Wellness is 24.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of Petco Health and Wellness is 24.64, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 26.04.
Price to Earnings Growth Ratio
Petco Health and Wellness has a PEG Ratio of 1.98. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Petco Health and Wellness has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Petco Health and Wellness (NASDAQ:WOOF) Stock

Petco Health and Wellness Company, Inc., a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners. The company provides veterinary care, grooming, training, tele-health, and Vital Care and pet health insurance services, as well as veterinary services through Vetco mobile clinics. It also offers pet consumables, supplies, and services through its petco.com, petcoach.co, petinsurancequotes.com, and pupbox.com websites. As of March 23, 2022, the company operated approximately 1,500 Petco locations in the United States, Mexico, and Puerto Rico that included a network of approximately 200 in-store veterinary hospitals. Petco Health and Wellness Company, Inc. was founded in 1965 and is headquartered in San Diego, California.

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WOOF Stock News Headlines

December 2, 2022 | americanbankingnews.com

Robert W. Baird Lowers Petco Health and Wellness (NASDAQ:WOOF) Price Target to $14.00

December 1, 2022 | theglobeandmail.com

Unusual Options Volume for Petco Health (WOOF) Presents an Intriguing Narrative

December 2, 2022 | Legacy Research (Affiliate) (Ad)

Tiny $4 Company to “Steal” Billions From Tesla?

A tiny $4 company has developed a new liquid battery that’s sending shockwaves through the energy industry. It’s at the center of a “breakthrough,” says The U.S. Department of Energy, that’s a “totally new approach to battery technology.” Powermag calls it part of the “trillion-dollar holy grail” of battery technology.

December 1, 2022 | finance.yahoo.com

Petco to Participate in the Morgan Stanley Global Consumer & Retail Conference

December 1, 2022 | americanbankingnews.com

Petco Health and Wellness (NASDAQ:WOOF) Releases Earnings Results, Beats Estimates By $0.03 EPS