NASDAQ:WOOF

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

$16.82

+0.30 (+1.82%)

(As of 08/17/2022 12:00 AM ET)

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Today's Range: $16.14
▼
$17.11
50-Day Range: $13.44
▼
$17.07
52-Week Range: $12.88
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$26.21

Volume: 2.21 million shs
Average Volume: 2.33 million shs
Market Capitalization: $3.83 billion

P/E Ratio: 24.74
Dividend Yield: N/A
Price Target: $22.40

Petco Health and Wellness MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.73 Rating Score
Upside/Downside: 33.2% Upside
$22.40 Price Target
Short Interest: Bearish
15.51% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.55
Upright™ Environmental Score
News Sentiment: 0.97
Based on 7 Articles This Week
Insider Trading: Selling Shares
$102,310 Sold Last Quarter
Proj. Earnings Growth: 14.63%
From $0.82 to $0.94 Per Share

Overall MarketRank^™

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

2.86 out of 5 stars

Retail/Wholesale Sector

26th out of 218 stocks

Retail Stores, Not Elsewhere Classified Industry

1st out of 15 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 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $22.40, Petco Health and Wellness has a forecasted upside of 33.2% from its current price of $16.82.
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.

2.0

Short Interest

Percentage of Shares Shorted
15.51% 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 7.8.
Change versus previous month
Short interest in Petco Health and Wellness has recently decreased by 4.87%, indicating that investor sentiment is improving.

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.

3.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Petco Health and Wellness has received a 34.35% 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 "Pet fish" products. See details.
Environmental Sustainability
The Environmental Impact score for Petco Health and Wellness is -1.55.

2.8

News and Social Media Coverage

News Sentiment
Petco Health and Wellness has a news sentiment score of 0.97. 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 0.47 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Petco Health and Wellness this week, compared to 3 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 -38% compared to the previous 30 days.
MarketBeat Follows
Only 8 people have added Petco Health and Wellness to their MarketBeat watchlist in the last 30 days. This is a decrease of -27% 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 $102,310.00 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
62.52% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Petco Health and Wellness are expected to grow by 14.63% in the coming year, from $0.82 to $0.94 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Petco Health and Wellness is 24.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of Petco Health and Wellness is 24.74, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 40.21.
Price to Earnings Growth Ratio
Petco Health and Wellness has a PEG Ratio of 1.86. 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 1.69. 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.

Petco Health and Wellness Stock Up 2.0 %

Shares of WOOF traded up $0.33 during mid-day trading on Wednesday, hitting $16.85. 91,826 shares of the company traded hands, compared to its average volume of 2,258,443. The business has a 50 day moving average of $15.22 and a 200 day moving average of $17.62. The company has a market capitalization of $3.84 billion, a PE ratio of 24.29, a price-to-earnings-growth ratio of 1.86 and a beta of 0.75. The company has a quick ratio of 0.36, a current ratio of 1.04 and a debt-to-equity ratio of 0.72. Petco Health and Wellness has a 1-year low of $12.88 and a 1-year high of $26.21.

Petco Health and Wellness (NASDAQ:WOOF - Get Rating) last issued its earnings results on Tuesday, May 24th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. The company had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.45 billion. Petco Health and Wellness had a return on equity of 8.93% and a net margin of 3.09%. The firm's quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the business posted $0.17 EPS. Equities research analysts anticipate that Petco Health and Wellness will post 0.82 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. StockNews.com cut Petco Health and Wellness from a "buy" rating to a "hold" rating in a research note on Thursday, May 26th. Citigroup decreased their price objective on Petco Health and Wellness from $26.00 to $20.00 and set a "buy" rating for the company in a report on Wednesday, May 25th. The Goldman Sachs Group dropped their target price on shares of Petco Health and Wellness from $23.00 to $21.00 and set a "buy" rating on the stock in a report on Monday, June 27th. UBS Group reduced their price objective on shares of Petco Health and Wellness to $17.00 in a research note on Wednesday, May 25th. Finally, Wedbush dropped their target price on Petco Health and Wellness from $25.00 to $18.00 and set an "outperform" rating on the stock in a research report on Tuesday, July 26th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Petco Health and Wellness presently has a consensus rating of "Moderate Buy" and an average target price of $22.40.

Insider Activity at Petco Health and Wellness

In other news, insider Justin Tichy sold 6,500 shares of the stock in a transaction on Thursday, July 7th. The shares were sold at an average price of $15.74, for a total value of $102,310.00. Following the sale, the insider now owns 78,142 shares in the company, valued at $1,229,955.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.55% of the stock is owned by insiders.

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WOOF Stock News Headlines

August 17, 2022 | finance.yahoo.com

Earnings Preview: Petco Health & Wellness (WOOF) Q2 Earnings Expected to Decline

August 14, 2022 | americanbankingnews.com

Petco Health and Wellness (NASDAQ:WOOF) PT Lowered to $22.00

August 12, 2022 | markets.businessinsider.com

Where Petco Health and Wellness Stands With Analysts

August 9, 2022 | finance.yahoo.com

Petco evolves organizational design to enable next phase of growth

August 7, 2022 | finance.yahoo.com

Returns At Petco Health and Wellness Company (NASDAQ:WOOF) Are On The Way Up

August 3, 2022 | finance.yahoo.com

Petco Health and Wellness Company, Inc. to Host Second Quarter 2022 Earnings Conference Call on August 24, 2022

August 3, 2022 | americanbankingnews.com

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Receives $23.20 Average Price Target from Analysts

August 3, 2022 | americanbankingnews.com

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Short Interest Up 21.4% in July

July 28, 2022 | markets.businessinsider.com

What 6 Analyst Ratings Have To Say About Petco Health and Wellness

July 28, 2022 | americanbankingnews.com

Petco Health and Wellness (NASDAQ:WOOF) Reaches New 12-Month Low Following Analyst Downgrade

July 27, 2022 | americanbankingnews.com

Petco Health and Wellness (NASDAQ:WOOF) Price Target Lowered to $18.00 at Wedbush

July 24, 2022 | nasdaq.com

As Petco Health and Wellness Company (NASDAQ:WOOF) advances 4.2% this past week, investors may now be noticing the company's one-year earnings growth

July 22, 2022 | nasdaq.com

First Week of September 2nd Options Trading For Petco Health & Wellness (WOOF)

July 15, 2022 | morningstar.com

Petco Health and Wellness Co Inc Ordinary Shares - Class A - Stock Quote WOOF

July 14, 2022 | uk.finance.yahoo.com

Petco Health and Wellness Company, Inc. (WOOF)

July 14, 2022 | morningstar.com

Petco Health and Wellness Co Inc Ordinary Shares - Class A - Stock Ownership WOOF

July 7, 2022 | finance.yahoo.com

Why more pet owners are seeking out animal-friendly hotels in their travels: Wag CEO

July 7, 2022 | nasdaq.com

First Week of WOOF August 12th Options Trading

June 27, 2022 | markets.businessinsider.com

Analyst Ratings for Petco Health and Wellness

June 27, 2022 | finance.yahoo.com

As Petco Health and Wellness Company (NASDAQ:WOOF) increases 6.7% this past week, investors may now be noticing the company's one-year earnings growth

June 24, 2022 | nasdaq.com

First Week of WOOF August 5th Options Trading

June 23, 2022 | nasdaq.com

Interesting WOOF Put And Call Options For August 19th

June 21, 2022 | finance.yahoo.com

Is the Options Market Predicting a Spike in Petco (WOOF) Stock?

June 16, 2022 | finance.yahoo.com

Petco Eyes Small Towns & Rural Communities - Check Out The New Location

June 16, 2022 | finance.yahoo.com

Petco Unveils New Small-Town and Rural Retail Test Concept Tailored to the Health and Wellness Needs of Pets and Farm Animals

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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WOOF Company Calendar

Last Earnings: 5/24/2022
Today: 8/17/2022
Next Earnings (Confirmed): 8/24/2022
Fiscal Year End: 1/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Retail stores, not elsewhere classified
Sub-Industry: Health Care Facilities
Sector: Retail/Wholesale
Current Symbol: NASDAQ:WOOF
CUSIP: 91819410
CIK: 817366
Web: www.petco.com
Phone: 858-453-7845
Fax: N/A
Employees: 28,495
Year Founded: 1965

Price Target and Rating

Average Stock Price Forecast: $22.40
High Stock Price Forecast: $30.00
Low Stock Price Forecast: $17.00
Forecasted Upside/Downside: +33.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.73
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.68
Trailing P/E Ratio: 24.74
Forward P/E Ratio: 20.51
P/E Growth: 1.86
Net Income: $164.42 million
Net Margins: 3.09%
Pretax Margin: 3.86%
Return on Equity: 8.93%
Return on Assets: 3.09%

Debt

Debt-to-Equity Ratio: 0.72
Current Ratio: 1.04
Quick Ratio: 0.36

Sales & Book Value

Annual Sales: $5.81 billion
Price / Sales: 0.66
Cash Flow: $1.70 per share
Price / Cash Flow: 9.89
Book Value: $9.95 per share
Price / Book: 1.69

Miscellaneous

Outstanding Shares: 227,629,000
Free Float: 226,377,000
Market Cap: $3.83 billion
Optionable: Not Optionable
Beta: 0.75

Social Links

Key Executives

Mr. Ronald Coughlin Jr. (Age 56)
Chairman & CEO
Comp: $4.03M
Mr. Brian LaRose (Age 49)
Chief Financial Officer
Comp: $1.98M
Mr. Michael M. Nuzzo (Age 51)
COO & Pres of Petco Services
Comp: $2.66M
Mr. John M. Zavada (Age 59)
Chief Admin. Officer
Comp: $2.1M
Mr. Darren MacDonald (Age 44)
Chief Digital & Innovation Officer
Comp: $5.68M
Mr. Justin Tichy (Age 50)
Chief Pet Care Center Officer
Comp: $2.08M
Ms. Kristine Moser
VP of Strategic Financial Planning & Analysis and Investor Relations
Ms. Ilene Eskenazi (Age 50)
Chief Legal & HR Officer
Mr. David Hallisey
Sr. VP & Chief Communications Officer
Ms. Katherine Nauman (Age 40)
Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WOOF Stock - Frequently Asked Questions

Should I buy or sell Petco Health and Wellness stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Petco Health and Wellness in the last twelve months. 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.
View WOOF analyst ratings or view top-rated stocks.
What is Petco Health and Wellness' stock price forecast for 2022?: 11 analysts have issued twelve-month target prices 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 stock price to reach $22.40 in the next year. This suggests a possible upside of 33.3% 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 2022?: Petco Health and Wellness' stock was trading at $19.79 at the start of the year. Since then, WOOF shares have decreased by 15.1% and is now trading at $16.81.
View the best growth stocks for 2022 here.
When is Petco Health and Wellness' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 24th 2022.
View our WOOF earnings forecast.
How can I listen to Petco Health and Wellness' earnings call?: 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.
How were Petco Health and Wellness' earnings last quarter?: 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 business 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 company's quarterly revenue was up 4.3% compared to the same quarter last year. During the same period last year, the business earned $0.17 EPS.
What guidance has Petco Health and Wellness issued on next quarter's earnings?: Petco Health and Wellness updated its FY 2022 earnings guidance on Tuesday, June, 21st. The company provided earnings per share (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.
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?: (WOOF) raised $744 million in an IPO 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.
What is Petco Health and Wellness' stock symbol?: Petco Health and Wellness trades on the NASDAQ under the ticker symbol "WOOF."
Who are Petco Health and Wellness' major shareholders?: Petco Health and Wellness' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Mackenzie Financial Corp (3.35%), William Blair Investment Management LLC (3.35%), Allspring Global Investments Holdings LLC (2.76%), Clearbridge Investments LLC (1.96%), Macquarie Group Ltd. (1.68%) and JPMorgan Chase & Co. (1.59%). Insiders that own company stock include Aggregator Lp Scooby, Brian Larose, Canada Pension Plan Investment, Justin Tichy, Michelle Bonfilio and Ron Coughlin.
View institutional ownership trends.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Petco Health and Wellness' stock price today?: One share of WOOF stock can currently be purchased for approximately $16.81.
How much money does Petco Health and Wellness make?: Petco Health and Wellness (NASDAQ:WOOF) has a market capitalization of $3.83 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.
How many employees does Petco Health and Wellness have?: The company employs 28,495 workers across the globe.
Does Petco Health and Wellness have any subsidiaries?: The following companies are subsidiares of Petco Health and Wellness: Petco Animal Supplies Inc., Petco Animal Supplies Stores Inc., and Petco Holdings Inc. LLC.
Read More
When was Petco Health and Wellness founded?: Petco Health and Wellness was founded in 1965.
How can I contact Petco Health and Wellness?: 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.

This page (NASDAQ:WOOF) was last updated on 8/18/2022 by MarketBeat.com Staff

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

Petco Health and Wellness MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability