The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
As of close of business last night, Petco Health and Wellness Co Inc’s stock clocked out at $1.55, down -1.27% from its previous closing price of $1.57. In other words, the price has decreased by -$1.27 from its previous closing price. On the day, 2.26 million shares were traded. WOOF stock price reached its highest trading level at $1.67 during the session, while it also had its lowest trading level at $1.55.
Ratios:
To gain a deeper understanding of WOOF’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.24 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 2.56 whereas as Long-Term Debt/Eq ratio is at 2.28.
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 the company, BofA Securities on April 02, 2024, Downgraded its rating to Underperform and sets its target price to $1.50 from $5 previously.
On December 19, 2023, Jefferies started tracking the stock assigning a Hold rating and target price of $3.11.
Robert W. Baird Downgraded its Outperform to Neutral on November 30, 2023, whereas the target price for the stock was revised from $8 to $3.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 01 ’23 when BRIGGS GARY S bought 30,000 shares for $3.33 per share. The transaction valued at 99,924 led to the insider holds 70,085 shares of the business.
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 417844320 and an Enterprise Value of 3392074240. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.35. Its current Enterprise Value per Revenue stands at 0.542 whereas that against EBITDA is 13.806.
Stock Price History:
Over the past 52 weeks, WOOF has reached a high of $10.76, while it has fallen to a 52-week low of $1.41. The 50-Day Moving Average of the stock is -24.25%, while the 200-Day Moving Average is calculated to be -57.48%.
Shares Statistics:
It appears that WOOF traded 3.62M shares on average per day over the past three months and 3205880 shares per day over the past ten days. A total of 231.16M shares are outstanding, with a floating share count of 135.97M. Insiders hold about 49.57% of the company’s shares, while institutions hold 56.07% stake in the company. Shares short for WOOF as of 1713139200 were 25876140 with a Short Ratio of 7.15, compared to 1710460800 on 23967156. Therefore, it implies a Short% of Shares Outstanding of 25876140 and a Short% of Float of 30.44.
