Set Your Sights On Petco Health and Wellness Co Inc (NASDAQ: WOOF)’S Upside Potential

Petco Health and Wellness Co Inc (WOOF) concluded trading on Wednesday at a closing price of $1.56, with 3.26 million shares of worth about $5.09 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -53.15% during that period and on April 24, 2024 the price saw a loss of about -1.27%. Currently the company’s common shares owned by public are about 231.16M shares, out of which, 135.96M shares are available for trading.

Stock saw a price change of -3.70% in past 5 days and over the past one month there was a price change of -20.41%. Year-to-date (YTD), WOOF shares are showing a performance of -50.63% which decreased to -84.24% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.55 but also hit the highest price of $10.76 during that period. The average intraday trading volume for Petco Health and Wellness Co Inc shares is 3.67 million. The stock is currently trading -15.33% below its 20-day simple moving average (SMA20), while that difference is down -29.22% for SMA50 and it goes to -60.06% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Petco Health and Wellness Co Inc (NASDAQ: WOOF) currently have 231.16M outstanding shares and institutions hold larger chunk of about 56.21% of that.

The stock has a current market capitalization of $420.54M and its 3Y-monthly beta is at 1.25. It has posted earnings per share of -$4.78 in the same period. It has Quick Ratio of 0.24 while making debt-to-equity ratio of 2.56. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WOOF, volatility over the week remained 5.60% while standing at 7.14% over the month.

Analysts are in expectations that Petco Health and Wellness Co Inc (WOOF) stock would likely to be making an EPS of -$0.06 in the current quarter, while forecast for next quarter EPS is -$0.02 and it is $0.09 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.11 which is -$0.02 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.06 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -155.01% while it is estimated to increase by 257.79% in next year. EPS is likely to grow at an annualized rate of 48.80% for next 5-years, compared to annual growth of -25.03% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on April 02, 2024 offering an Underperform rating for the stock and assigned a target price range of between $5 and $1.50 to it. Coverage by Jefferies stated Petco Health and Wellness Co Inc (WOOF) stock as a Hold in their note to investors on December 19, 2023, suggesting a price target of $3.11 for the stock. Stock get a Peer perform rating from Wolfe Research on September 29, 2023.

Most Popular

Related Posts