Petco Health and Wellness (NASDAQ:WOOF – Get Rating) will be announcing its earnings results before the market opens on Wednesday, May 24th. Analysts expect the company to announce earnings of $0.05 per share for the quarter. Petco Health and Wellness has set its FY 2023 guidance at -$0.21–$0.13 EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.
Petco Health and Wellness (NASDAQ:WOOF – Get Rating) last posted its quarterly earnings data on Wednesday, March 22nd. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.04). The company had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.55 billion. Petco Health and Wellness had a net margin of 1.50% and a return on equity of 6.57%. On average, analysts expect Petco Health and Wellness to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Petco Health and Wellness Trading Down 7.7 %
WOOF opened at $9.87 on Wednesday. The company has a current ratio of 0.99, a quick ratio of 0.36 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $2.26 billion, a PE ratio of 29.91, a PEG ratio of 11.80 and a beta of 1.02. Petco Health and Wellness has a 1-year low of $7.59 and a 1-year high of $19.27. The firm has a 50-day moving average price of $9.52 and a two-hundred day moving average price of $10.11.
Analysts Set New Price Targets
Insider Transactions at Petco Health and Wellness
In other Petco Health and Wellness news, CEO Ron Coughlin acquired 61,040 shares of Petco Health and Wellness stock in a transaction dated Tuesday, March 28th. The stock was bought at an average cost of $8.27 per share, for a total transaction of $504,800.80. Following the purchase, the chief executive officer now directly owns 618,317 shares in the company, valued at approximately $5,113,481.59. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.55% of the company’s stock.
Hedge Funds Weigh In On Petco Health and Wellness
A number of large investors have recently modified their holdings of the business. MetLife Investment Management LLC acquired a new stake in Petco Health and Wellness in the 1st quarter valued at about $25,000. Brinker Capital Investments LLC lifted its stake in Petco Health and Wellness by 4.5% in the 1st quarter. Brinker Capital Investments LLC now owns 39,780 shares of the company’s stock valued at $778,000 after purchasing an additional 1,711 shares during the last quarter. Ensign Peak Advisors Inc raised its holdings in Petco Health and Wellness by 15.3% in the 3rd quarter. Ensign Peak Advisors Inc now owns 14,390 shares of the company’s stock valued at $161,000 after acquiring an additional 1,910 shares during the period. PFS Investments Inc. raised its holdings in Petco Health and Wellness by 20.5% in the 4th quarter. PFS Investments Inc. now owns 13,001 shares of the company’s stock valued at $123,000 after acquiring an additional 2,209 shares during the period. Finally, Credit Suisse AG raised its holdings in Petco Health and Wellness by 3.3% in the 4th quarter. Credit Suisse AG now owns 84,387 shares of the company’s stock valued at $800,000 after acquiring an additional 2,664 shares during the period. 62.27% of the stock is currently owned by institutional investors and hedge funds.
Petco Health and Wellness Company Profile
Petco Health and Wellness Company, Inc, a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners. The company provides veterinary care, grooming, training, tele-health, and Vital Care and pet health insurance services, as well as veterinary services through Vetco mobile clinics.
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