Free Trial

Petco Health and Wellness (WOOF) Stock Forecast & Price Target

$3.41
-0.09 (-2.57%)
(As of 10:45 AM ET)

Petco Health and Wellness - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 13 Wall Street analysts who have issued ratings for Petco Health and Wellness in the last 12 months, the stock has a consensus rating of "Hold." Out of the 13 analysts, 1 has given a sell rating, 8 have given a hold rating, and 4 have given a buy rating for WOOF.

Consensus Price Target

$3.36
-1.37% Downside
High Forecast$5.00
Average Forecast$3.36
Low Forecast$1.50

According to the 13 analysts' twelve-month price targets for Petco Health and Wellness, the average price target is $3.36. The highest price target for WOOF is $5.00, while the lowest price target for WOOF is $1.50. The average price target represents a forecasted downside of -1.37% from the current price of $3.41.

TypeCurrent Forecast
7/23/23 to 7/22/24
1 Month Ago
6/23/23 to 6/22/24
3 Months Ago
4/24/23 to 4/23/24
1 Year Ago
7/23/22 to 7/23/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
7 Buy rating(s)
Hold
8 Hold rating(s)
8 Hold rating(s)
8 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$3.36$3.09$3.65$11.54
Forecasted Upside-1.37% Downside16.57% Upside21.88% Upside22.14% Upside
Get Petco Health and Wellness Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for WOOF and its competitors with MarketBeat's FREE daily newsletter.

WOOF Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

WOOF Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Petco Health and Wellness Stock vs. The Competition

TypePetco Health and WellnessRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.23
2.46
2.51
Consensus RatingHoldHoldModerate Buy
Predicted Upside-1.37% Downside56.24% Upside10.20% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/19/2024Citigroup
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$3.00 ➝ $4.00+9.59%
7/18/2024Wedbush
3 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$4.00 ➝ $5.00+34.05%
5/24/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$2.70 ➝ $3.00-12.54%
5/23/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$2.50 ➝ $3.25+6.91%
5/23/2024Needham & Company LLC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy ➝ Buy$5.00 ➝ $5.00+73.61%
4/2/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy ➝ Underperform$5.00 ➝ $1.50-27.88%
3/25/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetEqual Weight ➝ Equal Weight$3.00 ➝ $2.00+1.27%
3/15/2024Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetIn-Line ➝ In-Line$4.00 ➝ $3.00+47.06%
3/14/2024Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutral ➝ Neutral$3.00 ➝ $2.50+21.95%
12/19/2023Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageHold$3.11+7.61%
12/4/2023Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetEqual Weight ➝ Equal Weight$5.00 ➝ $3.00-14.53%
11/30/2023The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$7.00 ➝ $5.00+73.01%
9/29/2023Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoveragePeer Perform
4/28/2023Gordon Haskett
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageHold$10.00+2.77%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 11:06 AM ET.

WOOF Forecast - Frequently Asked Questions

What is Petco Health and Wellness' forecast for 2024?

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Petco Health and Wellness is $3.36, with a high forecast of $5.00 and a low forecast of $1.50.

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

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Petco Health and Wellness in the last twelve months. There is currently 1 sell rating, 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research 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.

Does Petco Health and Wellness's stock price have much upside?

According to analysts, Petco Health and Wellness's stock has a predicted upside of 18.13% based on their 12-month stock forecasts.

What analysts cover Petco Health and Wellness?

Petco Health and Wellness has been rated by research analysts at Citigroup, Needham & Company LLC, Royal Bank of Canada, UBS Group, and Wedbush in the past 90 days.

Do Wall Street analysts like Petco Health and Wellness more than its competitors?

Analysts like Petco Health and Wellness less than other "retail/wholesale" companies. The consensus rating score for Petco Health and Wellness is 2.23 while the average consensus rating score for "retail/wholesale" companies is 2.46. Learn more on how WOOF compares to other companies.


This page (NASDAQ:WOOF) was last updated on 7/22/2024 by MarketBeat.com Staff

From Our Partners