What Are Analysts Saying About Petco Health and Wellness?

What Are Analysts Saying About Petco Health and Wellness?

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Understanding the Analyst Ratings

In the past three months, five analysts have shared their insights on Petco Health and Wellness (WOOF), offering a range of opinions from bullish to bearish. The table below summarizes their recent ratings, showing how sentiments have shifted over the last 30 days compared to previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 3 2 0 0
Last 30D 0 2 1 0 0
1M Ago 0 0 0 0 0
2M Ago 0 1 1 0 0
3M Ago 0 0 0 0 0

Analysts have also set 12-month price targets for Petco, with an average target of $4.1, a high estimate of $5.00, and a low estimate of $3.00. This average target has increased by 15.49% from the previous average of $3.55.

Key Insights from Analysts

  • Action Taken: Analysts adjust their recommendations based on market conditions and company performance. Whether they ‘Maintain’, ‘Raise’, or ‘Lower’ their stance, it reflects their response to recent developments related to Petco.
  • Rating: Analysts assign qualitative values like ‘Outperform’ or ‘Underperform’, indicating expectations for Petco’s performance relative to the broader market.
  • Price Targets: Analysts provide estimates for Petco’s future stock value, revealing trends in their expectations over time.

For a comprehensive view of Petco’s market position, consider these evaluations alongside key financial indicators. Stay updated on Petco Health and Wellness analyst ratings.

Petco Health and Wellness: A Financial Overview

Petco Health and Wellness Co Inc is dedicated to enhancing the lives of pets and their owners, with approximately 1,423 pet care centers offering a range of products and services. Despite a market capitalization below industry averages, Petco faces unique challenges.

Financially, Petco experienced a -1.72% decline in revenue growth over three months, yet it outperforms its peers in the Consumer Discretionary sector. The company’s net margin of -3.04% indicates potential profitability challenges, while its ROE of -3.96% surpasses industry standards. However, with an ROA of -0.88%, Petco may face hurdles in asset utilization. The company’s debt-to-equity ratio of 2.56 reflects a balanced approach to debt management.

What Are Analyst Ratings?

Analysts are experts in financial systems, specializing in specific stocks or sectors. They conduct thorough research, including company conference calls and financial statement analysis, to generate analyst ratings. These ratings, typically updated quarterly, provide insights into stock performance expectations.

While analyst ratings offer valuable guidance, it’s important to remember that they are opinions and should be considered alongside other financial indicators.

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