What is the average recommendation for Petco Health and Wellness Company?

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF – Get Free Report) has been given an average rating of “Hold” by the thirteen brokerages that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $3.36.

Several equities research analysts have recently weighed in on WOOF shares. Needham & Company LLC reiterated a “buy” rating and set a $5.00 target price on shares of Petco Health and Wellness in a research note on Thursday, May 23rd. Royal Bank of Canada increased their target price on shares of Petco Health and Wellness from $2.70 to $3.00 and gave the stock an “outperform” rating in a research note on Friday, May 24th. Citigroup increased their target price on shares of Petco Health and Wellness from $3.00 to $4.00 and gave the stock a “neutral” rating in a research note on Friday, July 19th. UBS Group increased their target price on shares of Petco Health and Wellness from $2.50 to $3.25 and gave the stock a “neutral” rating in a research note on Thursday, May 23rd. Finally, Wedbush reiterated an “outperform” rating and set a $5.00 target price (up previously from $4.00) on shares of Petco Health and Wellness in a research note on Thursday, July 18th.

Get Our Latest Stock Analysis on Petco Health and Wellness

Insider Buying and Selling at Petco Health and Wellness

In related news, Director Cameron Breitner bought 750,000 shares of the company’s stock in a transaction on Wednesday, May 29th. The stock was bought at an average cost of $3.14 per share, with a total value of $2,355,000.00. Following the completion of the acquisition, the director now owns 750,000 shares in the company, valued at approximately $2,355,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.40% of the stock is currently owned by corporate insiders.

Institutional Trading of Petco Health and Wellness

Several large investors have recently modified their holdings of WOOF. International Assets Investment Management LLC grew its position in shares of Petco Health and Wellness by 205.3% in the fourth quarter. International Assets Investment Management LLC now owns 135,485 shares of the company’s stock valued at $428,000 after purchasing an additional 91,110 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Petco Health and Wellness by 130.4% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 26,701 shares of the company’s stock valued at $84,000 after purchasing an additional 15,111 shares during the last quarter. Counterpoint Mutual Funds LLC grew its position in shares of Petco Health and Wellness by 132.1% in the fourth quarter. Counterpoint Mutual Funds LLC now owns 117,745 shares of the company’s stock valued at $372,000 after purchasing an additional 67,007 shares during the last quarter. Jump Financial LLC grew its position in shares of Petco Health and Wellness by 325.2% in the fourth quarter. Jump Financial LLC now owns 119,193 shares of the company’s stock valued at $377,000 after purchasing an additional 91,164 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd boosted its position in Petco Health and Wellness by 32.7% during the fourth quarter. Dynamic Technology Lab Private Ltd now owns 107,086 shares of the company’s stock worth $338,000 after acquiring an additional 26,411 shares during the last quarter.

Petco Health and Wellness Stock Performance

NASDAQ WOOF opened at $2.71 on Friday. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.85 and a quick ratio of 0.21. Petco Health and Wellness has a 1 year low of $1.41 and a 1 year high of $6.97. The company has a market capitalization of $842.21 million, a PE ratio of -0.55 and a beta of 1.89. The company has a fifty day moving average of $3.25 and a two-hundred day moving average of $2.67.

Petco Health and Wellness (NASDAQ:WOOF – Get Free Report) last released its quarterly earnings data on Wednesday, May 22nd. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.03. Petco Health and Wellness had a negative net margin of 21.27% and a negative return on equity of 4.22%. The company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.50 billion. As a group, analysts expect that Petco Health and Wellness will post -0.24 earnings per share for the current year.

Petco Health and Wellness Company Profile

(Get Free Report) 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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