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After finishing at $3.39 in the prior trading day, Petco Health and Wellness Co Inc (NASDAQ: WOOF) closed at $3.31, down -2.36%. In other words, the price has decreased by -$2.36 from its previous closing price. On the day, 2.66 million shares were traded. WOOF stock price reached its highest trading level at $3.3793 during the session, while it also had its lowest trading level at $3.23.
Ratios:
Our goal is to gain a better understanding of WOOF by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.21 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 2.56 whereas as Long-Term Debt/Eq ratio is at 2.30.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on July 19, 2024, Reiterated its Neutral rating but revised its target price to $4 from $3 previously.
On April 02, 2024, BofA Securities Downgraded its rating to Underperform which previously was Buy and also lowered its target price recommendation from $5 to $1.50.
On December 19, 2023, Jefferies started tracking the stock assigning a Hold rating and target price of $3.11.Jefferies initiated its Hold rating on December 19, 2023, with a $3.11 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 29 ’24 when Breitner Cameron bought 750,000 shares for $3.14 per share. The transaction valued at 2,354,325 led to the insider holds 750,000 shares of the business.
BRIGGS GARY S bought 30,000 shares of WOOF for $99,924 on Dec 01 ’23. The Director now owns 70,085 shares after completing the transaction at $3.33 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WOOF now has a Market Capitalization of 925442944 and an Enterprise Value of 3789474304. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 0.608 whereas that against EBITDA is 18.795.
Stock Price History:
The Beta on a monthly basis for WOOF is 1.89, which has changed by -0.58881986 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, WOOF has reached a high of $8.45, while it has fallen to a 52-week low of $1.41. The 50-Day Moving Average of the stock is 0.64%, while the 200-Day Moving Average is calculated to be 14.80%.
Shares Statistics:
The stock has traded on average 6.19M shares per day over the past 3-months and 4824490 shares per day over the last 10 days, according to various share statistics. A total of 231.16M shares are outstanding, with a floating share count of 78.31M. Insiders hold about 71.32% of the company’s shares, while institutions hold 55.66% stake in the company. Shares short for WOOF as of 1719532800 were 20537408 with a Short Ratio of 3.32, compared to 1717113600 on 16872110. Therefore, it implies a Short% of Shares Outstanding of 20537408 and a Short% of Float of 23.56.
