Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Petco Health and Wellness Co Inc (NASDAQ: WOOF) was $3.77 for the day, up 0.80% from the previous closing price of $3.74. In other words, the price has increased by $0.80 from its previous closing price. On the day, 4.1 million shares were traded. WOOF stock price reached its highest trading level at $3.8975 during the session, while it also had its lowest trading level at $3.61.
Ratios:
Our analysis of WOOF’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.22 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 2.66 whereas as Long-Term Debt/Eq ratio is at 2.35.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 10 ’24 when Zavada John bought 58,916 shares for $4.65 per share.
Tichy Justin bought 20,743 shares of WOOF for $57,063 on Aug 22 ’24. On Aug 07 ’24, another insider, Tichy Justin, who serves as the Former Officer of the company, bought 38,611 shares for $2.60 each.
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 1039226880 and an Enterprise Value of 4213849344. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 0.677 whereas that against EBITDA is 23.267.
Stock Price History:
The Beta on a monthly basis for WOOF is 1.90, which has changed by 0.3550725 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, WOOF has reached a high of $6.29, while it has fallen to a 52-week low of $1.41. The 50-Day Moving Average of the stock is -12.23%, while the 200-Day Moving Average is calculated to be 7.73%.
Shares Statistics:
WOOF traded an average of 3.90M shares per day over the past three months and 4300350 shares per day over the past ten days. A total of 237.16M shares are outstanding, with a floating share count of 138.13M. Insiders hold about 49.89% of the company’s shares, while institutions hold 56.26% stake in the company. Shares short for WOOF as of 1731628800 were 23093870 with a Short Ratio of 7.31, compared to 1728950400 on 22660613. Therefore, it implies a Short% of Shares Outstanding of 23093870 and a Short% of Float of 26.08.
