Petco Health and Wellness Co Inc (NASDAQ:WOOF) saw a downside of -2.56% to close Monday at $3.81 after subtracting -$0.1 on the day. The 5-day average trading volume is 5,304,320 shares of the company’s common stock. It has gained $4.18 in the past week and touched a new high 2 times within the past 5 days. An average of 5,916,575 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,760,574.
WOOF’s 1-month performance is -26.59% or -$1.61 on its low of $3.75 reached on 09/22/23. The company’s shares have touched a 52-week low of $3.75 and high of $12.57, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, WOOF has lost -59.81% or -$5.67 and has reached a new high 12 times. However, the current price is down -69.70% from the 52-week high price.
Insider Transactions
WOOF stock investors last saw insider trading activity on Mar 28.Tichy Justin () most recently sold 6,500 shares at $9.85 per share on Oct 20. This transaction cost the insider $64,025.
Valuation Metrics
WOOF stock has a beta of 1.30. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.17 while the price-to-book (PB) in the most recent quarter is 0.42, with the price to cash flow ratio at 1.90.
Petco Health and Wellness Co Inc’s quick ratio for the period ended July 30 was 0.33, with the current ratio over the same period at 0.95. As well, the company’s long term debt to equity for the quarter ending July 30 was 1.14, while the total debt to equity was 1.26. In terms of profitability, the gross margin trailing 12 months is 39.31%. The trailing 12-month EBITDA margin is 7.57% while for the period ending July 30, Petco Health and Wellness Co Inc’s operating margin was 3.03%. The firm’s gross profit as reported stood at $2.43 billion against revenue of $6.04 billion.
Earnings Surprise
For the quarterly period ending July 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 192.13% to -$14.61 million, while revenue of -$1.89 million was 87.06% off the previous quarter. Analysts expected WOOF to announce $0.06 per share in earnings in its latest quarter, but it posted $0.06, representing a 0.00% surprise. EBITDA for the quarter stood at more than $73.91 million. WOOF stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 4.25 billion, with total debt at $3.04 billion. Shareholders hold equity totaling $305.56 million.
Let’s look briefly at Petco Health and Wellness Co Inc (WOOF) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 25 September was 15.91% to suggest the stock is trending oversold, with historical volatility in this time period at 47.25%.
The stock’s 5-day moving average is $3.93, reflecting a -6.16% or -$0.25 change from its current price. WOOF is currently trading -29.70% above its 20-day SMA, -61.52% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -56.61% and SMA200 by-62.79%.
Stochastic %K and %D was 5.30% and 4.19% and the average true range (ATR) pointed at 0.22. The RSI (14) points at 16.14%, while the 14-day stochastic is at 4.14% with the period’s ATR at 0.24. The stock’s 9-day MACD Oscillator is pointing at -0.32 and -0.59 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Petco Health and Wellness Co Inc (NASDAQ: WOOF), RBC Capital Mkts reiterated its an Outperform rating for the company but lifted their price target by $10 to $7. Analysts offering their rating for WOOF stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate WOOF as a “sell,”, while 6 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 6 have offered a “buy” rating.
What is WOOF’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $4.00 and a high of $10.00, with their median price target at $7.00. Looking at these predictions, the average price target given by analysts is for Petco Health and Wellness Co Inc (WOOF) stock is $6.62.
