The stock of Petco Health and Wellness Company Inc. (NASDAQ:WOOF) decreased by -$0.01 on Monday to finish at $5.41, down -0.18 percent. The last five days have seen an average of 10,820,620 shares of common stock traded. 12 times new highs were reached in the current year, with a fall of -$4.07. The average number of shares traded over the last 20 days was 4,632,775, while the average volume over the last 50 days totaled 3,355,232.
WOOF stock dropped -34.74% since last month. On 08/24/23, the company’s shares reached a one-month low of $4.99. The stock touched a high of $15.85 on 02/02/23, after rallying from a low of $4.99 in 52 weeks. The price of WOOF stock has declined by -42.93% or -$4.07 this year, reaching a new high 12 times. Still, the stock price is down -65.87% from the 52-week high.
Insider Transactions
WOOF stock investors should be aware that Petco Health and Wellness Company Inc. (WOOF) stock had its last reported insider trading activity 154 days ago on Mar 28. On Mar 28, CEO & Chairman COUGHLIN RON acquired 61,040 shares at $8.27 each. This transaction resulted in the insider spending $504,801. On Oct 20, Tichy Justin sold 6,500 shares at a price of US$9.85. After the transaction, the insider now owns 341,254 shares.
Valuation Metrics
Petco Health and Wellness Company Inc. (WOOF) has a trailing price-to-earnings (P/E) ratio of 39.78. Beta for the stock is 1.27. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.26, the price-to-book (PB) ratio of 0.60, and the price-to-cash flow ratio of 23.22.
Financial Health
For the three months ended July 30, Petco Health and Wellness Company Inc.’s quick ratio was 0.30, while its current ratio was 1.00, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending July 30 is 0.67, and the total debt to equity ratio is 0.67. As far as profitability goes, gross margin for the trailing twelve months is 39.30% percent. Petco Health and Wellness Company Inc.’s EBITDA margin for the year ended July 30 was 7.57%, whereas its operating margin stood at 3.70% for the same period. Based on annual data, it had gross profit of $2.43 billion and revenue of $6.04 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. WOOF’s return on assets (ROA) during the last 12 months has been 1.40%. There was a 4.70% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 3.90%.
Earnings Surprise
According to Petco Health and Wellness Company Inc.’s quarterly financial report for the quarter that ended July 30. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.56 billion, while revenues rose by 5.14% to $1.58 billion. It was predicted that Petco Health and Wellness Company Inc.’s quarterly earnings would be $0.06, but it ended up being $0.06. EBITDA was $78.11 million for the quarter. At the end of Petco Health and Wellness Company Inc.’s most recent quarter ended July 30, its liabilities totaled 4.17 billion, while its total debt was $3.03 billion. Equity owned by shareholders amounts to $304.8 million.
Technical Picture
Here’s a quick look at Petco Health and Wellness Company Inc.’s (WOOF) price momentum from a technical perspective. As of 28 August, the RSI 9-day stood at 16.65%, suggesting the stock is oversold, with a 116.24% historical volatility rate.
The stochastic %K and %D were 13.81% and 13.03% respectively, while the average true range (ATR) was 0.40. Based on the 14-day stochastic reading of 16.77%, the RSI (14) reading is 19.43%. On the 9-day MACD Oscillator, the stock is at -0.92, and the 14-day reading is at -1.24.
Analyst Ratings
In a note to investors, RBC Capital Mkts maintained its an Outperform rating on Petco Health and Wellness Company Inc. (NASDAQ: WOOF). However, the firm raised their price target to $7, indicating a possible increase of 45.9% in the stock price. Analysts have assigned Petco Health and Wellness Company Inc. (WOOF) an Overweight rating. WOOF is a stock that is recommended for selling by 1 brokerage firm, while 6 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 6 others recommend it as a buy.
What is WOOF’s price target for the next 12 months?
The current consensus forecast for the stock is between $4.00 and $10.00, with a median target price of $7.00. In analyzing these forecasts, the average price target given by analysts for Petco Health and Wellness Company Inc. (WOOF) is $6.62.
