Petco Health and Wellness Co Inc (WOOF): Not A Time To Panic Nor Freeze

Petco Health and Wellness Co Inc (WOOF) concluded trading on Wednesday at a closing price of $4.21, with 3.97 million shares of worth about $16.72 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 61.30% during that period and on November 13, 2024 the price saw a loss of about -3.66%. Currently the company’s common shares owned by public are about 231.16M shares, out of which, 77.97M shares are available for trading.

Stock saw a price change of -6.24% in past 5 days and over the past one month there was a price change of -8.87%. Year-to-date (YTD), WOOF shares are showing a performance of 33.23% which increased to 19.26% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.41 but also hit the highest price of $5.94 during that period. The average intraday trading volume for Petco Health and Wellness Co Inc shares is 3.92 million. The stock is currently trading -6.37% below its 20-day simple moving average (SMA20), while that difference is down -7.18% for SMA50 and it goes to 33.90% higher 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 57.39% of that.

The stock has a current market capitalization of $1.16B and its 3Y-monthly beta is at 1.91. It has posted earnings per share of -$4.98 in the same period. It has Quick Ratio of 0.24 while making debt-to-equity ratio of 2.64. 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 7.14% while standing at 6.46% over the month.

Stock’s fiscal year EPS is expected to drop by -177.14% while it is estimated to increase by 204.01% in next year. EPS is likely to grow at an annualized rate of 2.07% 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 Citigroup on July 19, 2024 offering a Neutral rating for the stock and assigned a target price range of between $3 and $4 to it. Coverage by BofA Securities stated Petco Health and Wellness Co Inc (WOOF) stock as an Underperform in their note to investors on April 02, 2024, suggesting a price target of $1.50 for the stock. On December 19, 2023, Jefferies Initiated their recommendations, while on November 30, 2023, Robert W. Baird Downgrade their ratings for the stock with a price target of $3. Stock get an Equal weight rating from Wells Fargo on November 29, 2023.

Most Popular

Related Posts