Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Given Average Rating of “Hold” by Analysts

Shares of Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) have been assigned an average rating of “Hold” from the twelve ratings firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $4.0367.

Several brokerages have recently commented on WOOF. Wall Street Zen raised shares of Petco Health and Wellness from a “hold” rating to a “buy” rating in a research note on Saturday. The Goldman Sachs Group downgraded shares of Petco Health and Wellness from a “buy” rating to a “neutral” rating and set a $3.83 price target for the company. in a research note on Monday, April 13th. Zacks Research raised shares of Petco Health and Wellness from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. Evercore decreased their price target on shares of Petco Health and Wellness from $4.00 to $3.00 and set an “in-line” rating for the company in a research note on Tuesday, February 3rd. Finally, Jefferies Financial Group raised shares of Petco Health and Wellness from a “hold” rating to a “buy” rating and increased their price target for the stock from $4.05 to $5.00 in a research note on Thursday, March 12th.

Hedge Funds Weigh In On Petco Health and Wellness

Institutional investors have recently bought and sold shares of the stock. Quantbot Technologies LP bought a new stake in shares of Petco Health and Wellness during the 3rd quarter valued at $34,000. National Bank of Canada FI bought a new stake in shares of Petco Health and Wellness during the 3rd quarter valued at $35,000. Quarry LP bought a new stake in shares of Petco Health and Wellness during the 3rd quarter valued at $38,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Petco Health and Wellness by 425.1% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 10,523 shares of the company’s stock valued at $30,000 after buying an additional 8,519 shares in the last quarter. Finally, Abel Hall LLC bought a new stake in shares of Petco Health and Wellness during the 4th quarter valued at $31,000.

Petco Health and Wellness Stock Performance

Shares of NASDAQ:WOOF opened at $2.81 on Monday. The company has a market cap of $905.24 million, a price-to-earnings ratio of 93.67, a price-to-earnings-growth ratio of 3.64 and a beta of 1.53. The company has a 50-day moving average price of $2.81 and a 200-day moving average price of $2.92. The company has a current ratio of 0.90, a quick ratio of 0.38 and a debt-to-equity ratio of 1.28. Petco Health and Wellness has a 12 month low of $2.24 and a 12 month high of $4.51.

Petco Health and Wellness (NASDAQ:WOOF) last issued its quarterly earnings data on Wednesday, March 11th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.03). The firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.51 billion. Petco Health and Wellness had a net margin of 0.15% and a return on equity of 0.89%. The business’s revenue was down 2.4% on a year-over-year basis. During the same period last year, the company posted ($0.05) earnings per share. As a group, equities analysts anticipate that Petco Health and Wellness will post 0.07 EPS for the current year.

About Petco Health and Wellness

Petco Health and Wellness Company, Inc (NASDAQ: WOOF) is a leading U.S. pet specialty retailer focused on delivering products, services and solutions that improve the health and well-being of pets. The company operates a network of retail locations that provide high-quality pet food, supplies and accessories, along with a growing digital platform that supports online ordering, subscription delivery and telehealth consultations for pets.

In addition to its retail offerings, Petco has built a full suite of in-store and virtual services, including grooming, training, dog daycare and veterinary care.