Shares of Petco Health and Wellness Company, Inc. (NASDAQ:WOOF – Get Free Report) have earned an average rating of “Hold” from the thirteen brokerages that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $3.65.
A number of analysts have commented on the stock. Bank of America restated an “underperform” rating and set a $1.50 price target (down from $5.00) on shares of Petco Health and Wellness in a research report on Tuesday, April 2nd. Robert W. Baird dropped their price target on shares of Petco Health and Wellness from $3.00 to $2.50 and set a “neutral” rating on the stock in a research report on Thursday, March 14th. Royal Bank of Canada dropped their target price on shares of Petco Health and Wellness from $3.50 to $2.70 and set an “outperform” rating on the stock in a report on Friday, March 15th. Wells Fargo & Company dropped their target price on shares of Petco Health and Wellness from $3.00 to $2.00 and set an “equal weight” rating on the stock in a report on Monday, March 25th. Finally, Jefferies Financial Group started coverage on shares of Petco Health and Wellness in a report on Tuesday, December 19th. They issued a “hold” rating and a $3.11 target price on the stock.
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Petco Health and Wellness Trading Down 7.5 %
Petco Health and Wellness stock opened at $1.72 on Friday. The company has a quick ratio of 0.24, a current ratio of 0.86 and a debt-to-equity ratio of 1.33. The firm has a 50-day moving average price of $2.33 and a two-hundred day moving average price of $2.95. The firm has a market capitalization of $526.80 million, a price-to-earnings ratio of -0.36 and a beta of 1.15. Petco Health and Wellness has a 52-week low of $1.72 and a 52-week high of $10.76.
Petco Health and Wellness (NASDAQ:WOOF – Get Free Report) last released its quarterly earnings results on Wednesday, March 13th. The company reported $0.02 EPS for the quarter, hitting analysts’ consensus estimates of $0.02. Petco Health and Wellness had a negative net margin of 20.47% and a negative return on equity of 2.20%. The company had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the previous year, the firm earned $0.17 EPS. Petco Health and Wellness’s revenue was up 6.1% on a year-over-year basis. Sell-side analysts expect that Petco Health and Wellness will post -0.23 earnings per share for the current year.
Petco Health and Wellness Company Profile
Petco Health and Wellness Company, Inc, operates as a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners in the United States, Mexico, and Puerto Rico. 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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