Investors Should Take Note Of Petco Health and Wellness Co Inc (WOOF)

Petco Health and Wellness Co Inc (WOOF) concluded trading on Thursday at a closing price of $3.93, with 4.35 million shares of worth about $17.1 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.02% during that period and on December 19, 2024 the price saw a loss of about -5.07%. Currently the company’s common shares owned by public are about 237.16M shares, out of which, 78.03M shares are available for trading.

Stock saw a price change of -14.00% in past 5 days and over the past one month there was a price change of -3.20%. Year-to-date (YTD), WOOF shares are showing a performance of 24.37% which increased to 29.28% 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 $6.29 during that period. The average intraday trading volume for Petco Health and Wellness Co Inc shares is 3.78 million. The stock is currently trading -13.08% below its 20-day simple moving average (SMA20), while that difference is down -12.58% for SMA50 and it goes to 16.42% higher than SMA200.

Petco Health and Wellness Co Inc (NASDAQ: WOOF) currently have 237.16M outstanding shares and institutions hold larger chunk of about 56.26% of that.

The stock has a current market capitalization of $1.08B and its 3Y-monthly beta is at 1.87. It has posted earnings per share of -$0.41 in the same period. It has Quick Ratio of 0.22 while making debt-to-equity ratio of 2.66. 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 8.43% while standing at 9.33% over the month.

Stock’s fiscal year EPS is expected to drop by -186.83% while it is estimated to increase by 158.16% in next year. EPS is likely to grow at an annualized rate of -7.21% 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