Petco Well being and Wellness (NASDAQ:WOOF – Get Rating) had its value goal upped by equities analysis analysts at Citigroup from $26.00 to $28.00 in a report issued on Thursday, The Fly studies. Citigroup’s goal value would point out a possible upside of 30.84% from the inventory’s earlier shut.
Different equities analysis analysts additionally not too long ago issued analysis studies in regards to the firm. Needham & Firm LLC began protection on Petco Well being and Wellness in a analysis report on Thursday, December sixteenth. They set a “purchase” ranking and a $30.00 value goal on the inventory. Zacks Investment Research downgraded Petco Well being and Wellness from a “purchase” ranking to a “maintain” ranking in a report on Tuesday, February eighth. Wells Fargo & Firm reaffirmed a “purchase” ranking and issued a $30.00 goal value on shares of Petco Well being and Wellness in a report on Thursday, March twenty fourth. Wedbush raised their goal value on Petco Well being and Wellness from $23.00 to $25.00 and gave the corporate an “outperform” ranking in a report on Tuesday, March twenty ninth. Lastly, StockNews.com started protection on Petco Well being and Wellness in a report on Thursday, March thirty first. They issued a “purchase” ranking on the inventory. Two funding analysts have rated the inventory with a promote ranking, three have issued a maintain ranking and 9 have given a purchase ranking to the corporate. In accordance with MarketBeat, the corporate presently has a consensus ranking of “Purchase” and a median value goal of $24.82.
NASDAQ:WOOF opened at $21.40 on Thursday. Petco Well being and Wellness has a 12-month low of $16.22 and a 12-month excessive of $28.73. The inventory’s 50 day shifting common value is $19.17 and its two-hundred day shifting common value is $20.28. The corporate has a fast ratio of 0.38, a present ratio of 1.02 and a debt-to-equity ratio of 0.73. The agency has a market capitalization of $4.87 billion, a price-to-earnings ratio of 34.52, a P/E/G ratio of 0.48 and a beta of 1.60.
Petco Well being and Wellness (NASDAQ:WOOF – Get Rating) final issued its quarterly earnings outcomes on Tuesday, March eighth. The corporate reported $0.28 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.03. The enterprise had income of $1.51 billion for the quarter, in comparison with the consensus estimate of $1.48 billion. Petco Well being and Wellness had a return on fairness of 9.49% and a web margin of two.83%. The agency’s quarterly income was up 13.2% in comparison with the identical quarter final 12 months. Throughout the identical quarter within the prior 12 months, the enterprise posted $0.17 earnings per share. Equities analysis analysts count on that Petco Well being and Wellness will publish 0.89 EPS for the present 12 months.
Plenty of massive buyers have not too long ago made adjustments to their positions in WOOF. Allspring World Investments Holdings LLC purchased a brand new place in Petco Well being and Wellness throughout the 4th quarter price $136,359,000. Norges Financial institution purchased a brand new place in Petco Well being and Wellness throughout the 4th quarter price $44,989,000. BlackRock Inc. raised its place in Petco Well being and Wellness by 46.1% throughout the 4th quarter. BlackRock Inc. now owns 3,642,989 shares of the corporate’s inventory price $72,095,000 after buying an extra 1,148,949 shares over the last quarter. Wellington Administration Group LLP purchased a brand new place in Petco Well being and Wellness throughout the third quarter price $20,910,000. Lastly, Bamco Inc. NY grew its holdings in Petco Well being and Wellness by 156.7% throughout the third quarter. Bamco Inc. NY now owns 1,412,047 shares of the corporate’s inventory price $29,794,000 after buying an extra 862,047 shares throughout the interval. 65.22% of the inventory is owned by institutional buyers and hedge funds.
About Petco Well being and Wellness (Get Rating)
Petco Well being and Wellness Firm, Inc operates as a retailer of premium pet consumables, provides, and companion animals and providers. The corporate additionally provides grooming, in-store and on-line coaching, tele-veterinarian, and pet medical insurance providers, in addition to veterinary providers via Vetco clinics.
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