Should I buy or sell Petco Health and Wellness stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Petco Health and Wellness in the last year. There are currently 1 sell rating, 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WOOF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WOOF, but not buy additional shares or sell existing shares. View WOOF analyst ratings or view top-rated stocks .

What is Petco Health and Wellness' stock price target for 2024?

13 brokers have issued twelve-month price targets for Petco Health and Wellness' stock. Their WOOF share price targets range from $1.50 to $10.00. On average, they expect the company's share price to reach $3.65 in the next year. This suggests a possible upside of 121.3% from the stock's current price. View analysts price targets for WOOF or view top-rated stocks among Wall Street analysts .

How have WOOF shares performed in 2024?

Petco Health and Wellness' stock was trading at $3.16 at the beginning of the year. Since then, WOOF stock has decreased by 47.8% and is now trading at $1.65. View the best growth stocks for 2024 here .

When is Petco Health and Wellness' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024. View our WOOF earnings forecast .

How were Petco Health and Wellness' earnings last quarter?

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) announced its earnings results on Wednesday, March, 13th. The company reported $0.02 earnings per share for the quarter, hitting analysts' consensus estimates of $0.02. The business had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.63 billion. Petco Health and Wellness had a negative net margin of 20.47% and a negative trailing twelve-month return on equity of 2.20%. The business's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.17 earnings per share.

What ETF holds Petco Health and Wellness' stock?

ProShares Pet Care ETF holds 832,885 shares of WOOF stock, representing 2.14% of its portfolio.

What guidance has Petco Health and Wellness issued on next quarter's earnings?

Petco Health and Wellness updated its first quarter 2024 earnings guidance on Wednesday, March, 13th. The company provided earnings per share guidance of -0.060--0.060 for the period, compared to the consensus estimate of -0.010. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.6 billion.

What other stocks do shareholders of Petco Health and Wellness own?

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) .

When did Petco Health and Wellness IPO?

Petco Health and Wellness (WOOF) raised $744 million in an initial public offering on Thursday, January 14th 2021. The company issued 48,000,000 shares at $14.00-$17.00 per share. Goldman Sachs and BofA Securities served 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.

How do I buy shares of Petco Health and Wellness?

Shares of WOOF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Petco Health and Wellness have any subsidiaries?

The following companies are subsidiares of Petco Health and Wellness: Drs. Foster and Smith, PetCoach, Petco Animal Supplies Inc., Petco Animal Supplies Stores Inc., Petco Holdings Inc. LLC, Petopia.com, and PupBox. Read More

NASDAQ:WOOF

Petco Health and Wellness (WOOF) Stock Price, News & Analysis

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$1.65

-0.07 (-4.07%)

(As of 08:59 AM ET)

Compare

Today's Range: $1.65
▼
$1.65
50-Day Range: $1.65
▼
$2.79
52-Week Range: $1.64
▼
$10.76

Volume: 3,430 shs
Average Volume: 4.01 million shs
Market Capitalization: $507.16 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.65

Get Petco Health and Wellness alerts:

Petco Health and Wellness MarketRank™ Stock Analysis

Analyst Rating: Hold
2.23 Rating Score
Upside/Downside: 121.3% Upside
$3.65 Price Target
Short Interest: Bearish
8.22% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -3.13
Upright™ Environmental Score
News Sentiment: 0.93
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.23) to ($0.08) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.59 out of 5 stars

Retail/Wholesale Sector

84th out of 204 stocks

Retail Stores, Not Elsewhere Classified Industry

5th out of 12 stocks

4.1

Analyst's Opinion

Consensus Rating
Petco Health and Wellness has received a consensus rating of Hold. The company's average rating score is 2.23, and is based on 4 buy ratings, 8 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Petco Health and Wellness has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
8.22% of the outstanding shares of Petco Health and Wellness have been sold short.
Short Interest Ratio / Days to Cover
Petco Health and Wellness has a short interest ratio ("days to cover") of 6.3.
Change versus previous month
Short interest in Petco Health and Wellness has recently increased by 5.38%, indicating that investor sentiment is decreasing 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.

1.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Petco Health and Wellness has received a -21.19% net impact score from Upright. The largest negative impact of Petco Health and Wellness in category "GHG emissions" seems to be driven mostly by its "Physical retail of pet supplies at a pet store" and "Online retail of pet supplies" products. See details.
Environmental Sustainability
The Environmental Impact score for Petco Health and Wellness is -3.13.

3.3

News and Social Media Coverage

News Sentiment
Petco Health and Wellness has a news sentiment score of 0.93. 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 0.57 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Petco Health and Wellness this week, compared to 4 articles on an average week.
Search Interest
Only 16 people have searched for WOOF on MarketBeat in the last 30 days. This is a decrease of -69% compared to the previous 30 days.
MarketBeat Follows
11 people have added Petco Health and Wellness to their MarketBeat watchlist in the last 30 days. This is an increase of 83% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Petco Health and Wellness insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.61% of the stock of Petco Health and Wellness is held by insiders.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Petco Health and Wellness are expected to grow in the coming year, from ($0.23) to ($0.08) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Petco Health and Wellness is -0.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Petco Health and Wellness is -0.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Petco Health and Wellness has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Petco Health and Wellness Stock (NASDAQ:WOOF)

Petco Health and Wellness Company, Inc., operates as a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners in the United States, Mexico, and Puerto Rico. 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. The company offers its products under the WholeHearted, Reddy, and Well & Good brands. Petco Health and Wellness Company, Inc. was founded in 1965 and is headquartered in San Diego, California.

WOOF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WOOF Stock News Headlines

April 14, 2024 | americanbankingnews.com

Petco Health and Wellness (NASDAQ:WOOF) Stock Price Down 5.6%

April 14, 2024 | americanbankingnews.com

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Given Average Recommendation of "Hold" by Analysts

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April 12, 2024 | americanbankingnews.com

Petco Health and Wellness (NASDAQ:WOOF) Sets New 52-Week Low at $1.73

April 11, 2024 | investorplace.com

The 3 Most Undervalued Stocks Under $5 to Buy in April 2024

April 7, 2024 | americanbankingnews.com

Petco Health and Wellness (NASDAQ:WOOF) Shares Gap Down to $1.95

April 5, 2024 | finance.yahoo.com

Earnings Release: Here's Why Analysts Cut Their Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Price Target To US$3.00

April 3, 2024 | msn.com

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April 2, 2024 | markets.businessinsider.com

Key Takeaways From Petco Health and Wellness Analyst Ratings

April 2, 2024 | seekingalpha.com

Petco Health And Wellness Q4: Staying Away Because Of All The Uncertainties

April 2, 2024 | za.investing.com

Petco Health and Wellness double-downgraded at BofA on long-term market share risk

April 2, 2024 | msn.com

Petco sheds 9% after double downgrade from BofA

March 29, 2024 | finance.yahoo.com

Wall Street’s Favorite Penny Stocks? 7 Names That Could Make You Filthy Rich

March 24, 2024 | seekingalpha.com

Petco Health and Wellness: Pressured Margins Coupled With High Debt

March 23, 2024 | investorplace.com

Wall Street's Favorite Penny Stocks? 7 Names That Could Make You Filthy Rich

March 20, 2024 | investorplace.com

Finding the Next Big Winners: 7 Stocks You Can Snag for Under $10

March 20, 2024 | prnewswire.com

PSA: As Pandemic Pets Enter New Life Stages, Petco Shares Tips for Supporting Pet Health and Wellness

March 16, 2024 | finance.yahoo.com

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Q4 2023 Earnings Call Transcript

March 15, 2024 | markets.businessinsider.com

Analysts Offer Insights on Consumer Cyclical Companies: Ulta Beauty (ULTA), Petco Health and Wellness Company (WOOF) and G-III Apparel Group (GIII)

March 15, 2024 | markets.businessinsider.com

A Closer Look at 4 Analyst Recommendations For Petco Health and Wellness

March 14, 2024 | msn.com

Petco (NASDAQ:WOOF) Nosedives as New CEO Is Brought In

March 14, 2024 | markets.businessinsider.com

Strategic Leadership and Market Alignment Bolster Buy Rating for Petco

March 14, 2024 | markets.businessinsider.com

Analysts Offer Insights on Consumer Cyclical Companies: Petco Health and Wellness Company (WOOF) and Casey’s General (CASY)

March 14, 2024 | cnbc.com

Stocks making the biggest moves premarket: Dollar Tree, Petco, Tesla and more

March 14, 2024 | finance.yahoo.com

Q4 2023 Petco Health and Wellness Company Inc Earnings Call

March 13, 2024 | finance.yahoo.com

Petco Announces CEO Transition

See More Headlines

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Company Calendar

Last Earnings: 3/13/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/22/2024
Fiscal Year End: 1/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Retail/Wholesale
Industry: Retail stores, not elsewhere classified
Sub-Industry: Health Care Facilities
Current Symbol: NASDAQ:WOOF
CUSIP: 91819410
CIK: 817366
Web: www.petco.com
Phone: 858-453-7845
Fax: N/A
Employees: 29,000
Year Founded: 1965

Price Target and Rating

Average Stock Price Target: $3.65
High Stock Price Target: $10.00
Low Stock Price Target: $1.50
Potential Upside/Downside: +121.3%
Consensus Rating: Hold
Rating Score (0-4): 2.23
Research Coverage: 13 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($4.77)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-1,280,210,000.00
Net Margins: -20.47%
Pretax Margin: -21.17%
Return on Equity: -2.20%
Return on Assets: -0.66%

Debt

Debt-to-Equity Ratio: 1.33
Current Ratio: 0.86
Quick Ratio: 0.24

Sales & Book Value

Annual Sales: $6.26 billion
Price / Sales: 0.08
Cash Flow: $4.34 per share
Price / Cash Flow: 0.38
Book Value: $3.86 per share
Price / Book: 0.43

Miscellaneous

Outstanding Shares: 307,370,000
Free Float: 305,493,000
Market Cap: $507.16 million
Optionable: Optionable
Beta: 1.15

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Key Executives

Mr. R. Michael Mohan (Age 56)
Interim CEO & Director
Comp: $140k
Mr. Brian LaRose (Age 51)
Chief Financial Officer
Comp: $643.56k
Mr. Justin Tichy (Age 52)
Chief Operating Officer
Comp: $678.79k
Mr. Darren MacDonald (Age 46)
Chief Customer Officer
Comp: $694.24k
Ms. Amy College (Age 49)
Chief Merchandising & Supply Chain Officer
Comp: $808.41k
Mr. John M. Zavada (Age 61)
Chief Administrative Officer
Comp: $2.1M
Mr. Giovanni Insana
Chief Legal Officer & Secretary
Mr. David Hallisey
Senior VP & Chief Communications Officer
Ms. Holly May (Age 41)
Chief Human Resources Officer
Mr. John Carcasi (Age 54)
Senior Vice President of Planning, Pricing & Analytics

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WOOF Stock Analysis - Frequently Asked Questions

Should I buy or sell Petco Health and Wellness stock right now?: 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Petco Health and Wellness in the last year. There are currently 1 sell rating, 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WOOF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WOOF, but not buy additional shares or sell existing shares.
View WOOF analyst ratings or view top-rated stocks.
What is Petco Health and Wellness' stock price target for 2024?: 13 brokers have issued twelve-month price targets for Petco Health and Wellness' stock. Their WOOF share price targets range from $1.50 to $10.00. On average, they expect the company's share price to reach $3.65 in the next year. This suggests a possible upside of 121.3% from the stock's current price.
View analysts price targets for WOOF or view top-rated stocks among Wall Street analysts.
How have WOOF shares performed in 2024?: Petco Health and Wellness' stock was trading at $3.16 at the beginning of the year. Since then, WOOF stock has decreased by 47.8% and is now trading at $1.65.
View the best growth stocks for 2024 here.
When is Petco Health and Wellness' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024.
View our WOOF earnings forecast.
How were Petco Health and Wellness' earnings last quarter?: Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) announced its earnings results on Wednesday, March, 13th. The company reported $0.02 earnings per share for the quarter, hitting analysts' consensus estimates of $0.02. The business had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.63 billion. Petco Health and Wellness had a negative net margin of 20.47% and a negative trailing twelve-month return on equity of 2.20%. The business's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.17 earnings per share.
What ETF holds Petco Health and Wellness' stock?: ProShares Pet Care ETF holds 832,885 shares of WOOF stock, representing 2.14% of its portfolio.

What guidance has Petco Health and Wellness issued on next quarter's earnings?: Petco Health and Wellness updated its first quarter 2024 earnings guidance on Wednesday, March, 13th. The company provided earnings per share guidance of -0.060--0.060 for the period, compared to the consensus estimate of -0.010. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.6 billion.
What other stocks do shareholders of Petco Health and Wellness own?: 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).
When did Petco Health and Wellness IPO?: Petco Health and Wellness (WOOF) raised $744 million in an initial public offering on Thursday, January 14th 2021. The company issued 48,000,000 shares at $14.00-$17.00 per share. Goldman Sachs and BofA Securities served 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.
How do I buy shares of Petco Health and Wellness?: Shares of WOOF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Petco Health and Wellness have any subsidiaries?: The following companies are subsidiares of Petco Health and Wellness: Drs. Foster and Smith, PetCoach, Petco Animal Supplies Inc., Petco Animal Supplies Stores Inc., Petco Holdings Inc. LLC, Petopia.com, and PupBox.
Read More

This page (NASDAQ:WOOF) was last updated on 4/16/2024 by MarketBeat.com Staff

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