Petco Health and Wellness Stock Forecast, Price & News

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Petco Health and Wellness in the last year. There are currently 2 sell ratings, 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Petco Health and Wellness stock. 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.
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Petco Health and Wellness is scheduled to release its next quarterly earnings announcement on Thursday, November 18th 2021.
View our earnings forecast for Petco Health and Wellness.

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) issued its earnings results on Wednesday, August, 18th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.20 by $0.05. The company had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.37 billion. The firm's quarterly revenue was up 18.6% on a year-over-year basis.
View Petco Health and Wellness' earnings history.

Petco Health and Wellness' stock was trading at $92.98 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, WOOF stock has decreased by 76.1% and is now trading at $22.20.
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Petco Health and Wellness updated its FY 2021 earnings guidance on Thursday, September, 16th. The company provided earnings per share (EPS) guidance of $0.810-$0.850 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.760. The company issued revenue guidance of $5.60 billion-$5.70 billion, compared to the consensus revenue estimate of $5.58 billion.

13 equities research analysts have issued 12-month price targets for Petco Health and Wellness' stock. Their forecasts range from $16.00 to $32.00. On average, they expect Petco Health and Wellness' share price to reach $26.00 in the next year. This suggests a possible upside of 17.1% from the stock's current price.
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Some companies that are related to Petco Health and Wellness include HCA Healthcare (HCA), Alcon (ALC), Universal Health Services (UHS), Tenet Healthcare (THC), Encompass Health (EHC), Acadia Healthcare (ACHC), Select Medical (SEM), The Ensign Group (ENSG), Community Health Systems (CYH), U.S. Physical Therapy (USPH), Brookdale Senior Living (BKD), National HealthCare (NHC), Five Star Senior Living (FVE) and Capital Senior Living (CSU).
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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.com (CRM), (NWL) and 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 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' lock-up period expired on Monday, August 23rd. Petco Health and Wellness had issued 48,000,000 shares in its public offering on January 14th. The total size of the offering was $864,000,000 based on an initial share price of $18.00. Since the expiration of Petco Health and Wellness' lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

Petco Health and Wellness' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Canada Pension Plan Investment Board (29.55%), Vanguard Group Inc. (3.01%), Wells Fargo & Company MN (2.19%), Price T Rowe Associates Inc. MD (1.86%), Franklin Resources Inc. (1.57%) and BlackRock Inc. (1.35%). Company insiders that own Petco Health and Wellness stock include Aggregator Lp Scooby, Canada Pension Plan Investment, Michelle Bonfilio and Ron Coughlin.
View institutional ownership trends for Petco Health and Wellness.

WOOF stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Massachusetts Financial Services Co. MA, Federated Hermes Inc., Citadel Advisors LLC, Lisanti Capital Growth LLC, Goldman Sachs Group Inc., Tudor Investment Corp Et Al, and Emerald Advisers LLC. Company insiders that have sold Petco Health and Wellness company stock in the last year include Aggregator Lp Scooby, and Canada Pension Plan Investment.
View insider buying and selling activity for Petco Health and Wellness or view top insider-selling stocks.

WOOF stock was purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Clearbridge Investments LLC, Vanguard Group Inc., Artemis Investment Management LLP, Alyeska Investment Group L.P., Lord Abbett & CO. LLC, State Street Corp, and Blackstone Inc. Company insiders that have bought Petco Health and Wellness stock in the last two years include Michelle Bonfilio, and Ron Coughlin.
View insider buying and selling activity for Petco Health and Wellness or or view top insider-buying stocks.

Shares of WOOF 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 $22.20.

Petco Health and Wellness has a market capitalization of $5.03 billion and generates $4.92 billion in revenue each year. The company earns $-26,480,000.00 in net income (profit) each year or $0.23 on an earnings per share basis.

Petco Health and Wellness employs 27,081 workers across the globe.

The following companies are subsidiares of Petco Health and Wellness: Petco Animal Supplies Inc., Petco Animal Supplies Stores Inc., and Petco Holdings Inc. LLC.

Petco Health and Wellness was founded in 1965.

The official website for Petco Health and Wellness is www.petco.com.

Petco Health and Wellness is headquartered at 10850 VIA FRONTERA, SAN DIEGO CA, 92127.

Petco Health and Wellness' mailing address is 10850 VIA FRONTERA, SAN DIEGO CA, 92127. The company can be reached via phone at 858-453-7845.