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As of close of business last night, Petco Health and Wellness Co Inc’s stock clocked out at $3.94, down -1.75% from its previous closing price of $4.01. In other words, the price has decreased by -$1.75 from its previous closing price. On the day, 2.42 million shares were traded. WOOF stock price reached its highest trading level at $4.05 during the session, while it also had its lowest trading level at $3.885.
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 0.84. In the meantime, Its Debt-to-Equity ratio is 2.64 whereas as Long-Term Debt/Eq ratio is at 2.37.
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 Aug 22 ’24 when Tichy Justin bought 20,743 shares for $2.75 per share.
Tichy Justin bought 38,611 shares of WOOF for $100,390 on Aug 07 ’24. On May 29 ’24, another insider, Breitner Cameron, who serves as the Director of the company, bought 750,000 shares for $3.14 each. As a result, the insider paid 2,354,325 and bolstered with 750,000 shares of the company.
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 1100174080 and an Enterprise Value of 3950466048. 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 0.95. Its current Enterprise Value per Revenue stands at 0.635 whereas that against EBITDA is 21.813.
Stock Price History:
The Beta on a monthly basis for WOOF is 1.91, which has changed by 0.030848384 over the last 52 weeks, in comparison to a change of 0.2936039 over the same period for the S&P500. Over the past 52 weeks, WOOF has reached a high of $5.94, while it has fallen to a 52-week low of $1.41. The 50-Day Moving Average of the stock is -14.36%, while the 200-Day Moving Average is calculated to be 24.37%.
Shares Statistics:
It appears that WOOF traded 3.88M shares on average per day over the past three months and 3025070 shares per day over the past ten days. A total of 231.16M shares are outstanding, with a floating share count of 77.97M. Insiders hold about 71.58% of the company’s shares, while institutions hold 56.52% stake in the company. Shares short for WOOF as of 1730332800 were 22846194 with a Short Ratio of 5.89, compared to 1727654400 on 21227568. Therefore, it implies a Short% of Shares Outstanding of 22846194 and a Short% of Float of 25.8.