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

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Petco Health and Wellness in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WOOF shares.
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11 brokers have issued 12-month price targets for Petco Health and Wellness' shares. Their WOOF share price forecasts range from $17.00 to $30.00. On average, they anticipate the company's share price to reach $23.20 in the next twelve months. This suggests a possible upside of 45.0% from the stock's current price.
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Petco Health and Wellness' stock was trading at $19.79 at the start of the year. Since then, WOOF stock has decreased by 19.2% and is now trading at $16.00.
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Petco Health and Wellness saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 24,450,000 shares, an increase of 21.4% from the June 30th total of 20,140,000 shares. Based on an average daily trading volume, of 2,910,000 shares, the days-to-cover ratio is currently 8.4 days. Currently, 16.3% of the shares of the company are sold short.
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Petco Health and Wellness is scheduled to release its next quarterly earnings announcement on Wednesday, August 24th 2022.
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Petco Health and Wellness will be holding an earnings conference call on Wednesday, August 24th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) released its quarterly earnings data on Tuesday, May, 24th. The company reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. The company had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.45 billion. Petco Health and Wellness had a net margin of 3.09% and a trailing twelve-month return on equity of 8.93%. The firm's revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.17 earnings per share.

Petco Health and Wellness updated its FY 2022 earnings guidance on Tuesday, June, 21st. The company provided EPS guidance of $0.97-$1.00 for the period, compared to the consensus estimate of $0.99. The company issued revenue guidance of $6.15 billion-$6.25 billion, compared to the consensus revenue estimate of $6.22 billion.

Based on aggregate information from My MarketBeat watchlists, some companies that other Petco Health and Wellness investors own include IDEXX Laboratories (IDXX), Altaba (AABA), Bank of America (BAC), Broadcom (AVGO), General Electric (GE), Nucor (NUE), Twitter (TWTR), Salesforce (CRM), NXP Semiconductors (NXPI).

(WOOF) raised $744 million in an initial public offering on Thursday, January 14th 2021. The company issued 48,000,000 shares at a price of $14.00-$17.00 per share. Goldman Sachs and BofA Securities acted as the underwriters for the IPO and Citigroup, Evercore ISI, Credit Suisse, UBS Investment Bank, Wells Fargo Securities, Baird, Guggenheim Securities, AmeriVet Securities, C.L. King & Associates, R. Seelaus & Co. LLC, Ramirez & Co. Inc. and Siebert Williams Shank were co-managers.

Petco Health and Wellness trades on the NASDAQ under the ticker symbol "WOOF."

Petco Health and Wellness' stock is owned by a variety of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (2.76%), Emerald Advisers LLC (0.60%), Emerald Mutual Fund Advisers Trust (0.51%), MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income (0.25%), Nicholas Company Inc. (0.22%) and Cyrus J. Lawrence LLC (0.17%). Insiders that own company stock include Aggregator Lp Scooby, Brian Larose, Canada Pension Plan Investment, Justin Tichy, Michelle Bonfilio and Ron Coughlin.
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Shares of WOOF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WOOF stock can currently be purchased for approximately $16.00.

Petco Health and Wellness (NASDAQ:WOOF) has a market capitalization of $3.64 billion and generates $5.81 billion in revenue each year. The company earns $164.42 million in net income (profit) each year or $0.68 on an earnings per share basis.

Petco Health and Wellness employs 28,495 workers across the globe.

Petco Health and Wellness was founded in 1965.

Petco Health and Wellness' mailing address is 10850 VIA FRONTERA, SAN DIEGO CA, 92127. The official website for the company is www.petco.com. The company can be reached via phone at 858-453-7845 or via email at investorrelations@petco.com.