For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Petco Health and Wellness Co Inc’s stock clocked out at $3.14, up 6.44% from its previous closing price of $2.95. In other words, the price has increased by $6.44 from its previous closing price. On the day, 3.11 million shares were traded.
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 0.22 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:
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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 0.77.
Stock Price History:
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 -19.09%, while the 200-Day Moving Average is calculated to be -15.19%.
Shares Statistics:
A total of 237.16M shares are outstanding, with a floating share count of 138.87M. Insiders hold about 49.62% of the company’s shares, while institutions hold 58.96% stake in the company.
Earnings Estimates
The current assessment of Petco Health and Wellness Co Inc (WOOF) involves the perspectives of 8.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is -$0.02, with high estimates of $0.01 and low estimates of -$0.06.
Analysts are recommending an EPS of between -$0.06 and -$0.08 for the fiscal current year, implying an average EPS of -$0.08. EPS for the following year is $0.05, with 9.0 analysts recommending between $0.11 and -$0.02.
Revenue Estimates
In the current quarter, 11 analysts expect revenue to total $1.56B. It ranges from a high estimate of $1.58B to a low estimate of $1.54B. As of the current estimate, Petco Health and Wellness Co Inc’s year-ago sales were $1.67BFor the next quarter, 11 analysts are estimating revenue of $1.56B. There is a high estimate of $1.58B for the next quarter, whereas the lowest estimate is $1.54B.
A total of 12 analysts have provided revenue estimates for WOOF’s current fiscal year. The highest revenue estimate was $6.14B, while the lowest revenue estimate was $6.11B, resulting in an average revenue estimate of $6.12B. In the same quarter a year ago, actual revenue was $6.26BBased on 12 analysts’ estimates, the company’s revenue will be $6.26B in the next fiscal year. The high estimate is $6.31B and the low estimate is $6.18B.
