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

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Petco Health and Wellness in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" WOOF shares.
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9 brokers have issued 12-month price objectives for Petco Health and Wellness' stock. Their WOOF share price forecasts range from $12.00 to $20.00. On average, they expect the company's stock price to reach $15.44 in the next year. This suggests a possible upside of 40.7% 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 shares have decreased by 44.5% and is now trading at $10.98.
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Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) released its quarterly earnings results on Wednesday, November, 30th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.03. The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.49 billion. Petco Health and Wellness had a trailing twelve-month return on equity of 7.32% and a net margin of 1.46%. The business's quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.17 EPS.

Petco Health and Wellness issued an update on its FY 2022 earnings guidance on Wednesday, November, 30th. The company provided earnings per share (EPS) guidance of $0.75-$0.79 for the period, compared to the consensus earnings per share estimate of $0.77. The company issued revenue guidance of $5.97 billion-$6.05 billion, compared to the consensus revenue estimate of $6.01 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 IPO 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.

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

Petco Health and Wellness' stock is owned by a variety of retail and institutional investors. Top institutional investors include Mackenzie Financial Corp (3.46%), Vanguard Group Inc. (3.10%), Macquarie Group Ltd. (2.03%), Neuberger Berman Group LLC (1.60%), BlackRock Inc. (1.40%) and Allspring Global Investments Holdings LLC (1.35%). 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 $10.98.

Petco Health and Wellness (NASDAQ:WOOF) has a market capitalization of $2.50 billion and generates $5.81 billion in revenue each year. The company earns $164.42 million in net income (profit) each year or $0.32 on an earnings per share basis.

The company employs 28,495 workers across the globe.

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.