Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The price of Petco Health and Wellness Co Inc (NASDAQ: WOOF) closed at $1.56 in the last session, down -6.02% from day before closing price of $1.66. In other words, the price has decreased by $-6.02 from its previous closing price. On the day, 2.91 million shares were traded. WOOF stock price reached its highest trading level at $1.69 during the session, while it also had its lowest trading level at $1.56.
Ratios:
We take a closer look at WOOF’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 420540096 and an Enterprise Value of 3421727744. 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 0.547 whereas that against EBITDA is 13.927.
Stock Price History:
The Beta on a monthly basis for WOOF is 1.25, which has changed by -0.83232325 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. Over the past 52 weeks, WOOF has reached a high of $10.76, while it has fallen to a 52-week low of $1.55. The 50-Day Moving Average of the stock is -30.50%, while the 200-Day Moving Average is calculated to be -60.80%.
Shares Statistics:
According to the various share statistics, WOOF traded on average about 3.72M shares per day over the past 3-months and 2449910 shares per day over the past 10 days. A total of 231.16M shares are outstanding, with a floating share count of 135.96M. Insiders hold about 49.57% of the company’s shares, while institutions hold 56.26% stake in the company. Shares short for WOOF as of 1711584000 were 25255620 with a Short Ratio of 6.79, compared to 1709164800 on 23654044. Therefore, it implies a Short% of Shares Outstanding of 25255620 and a Short% of Float of 29.709998.
Earnings Estimates
The market rating for Petco Health and Wellness Co Inc (WOOF) is a result of the insights provided by Wolfspeed, Inc. analysts actively involved in the assessment.The consensus estimate for the next quarter is $1.56, with high estimates of $43.53 and low estimates of $79.61.
