2 weeks Ago By ABMN Staff
Petco Health and Wellness Company, Inc. ( NASDAQ:WOOF – Get Free Report ) gapped up before the market opened on Friday . The stock had previously closed at $4.
61, but opened at $4.75. Petco Health and Wellness shares last traded at $4.
78, with a volume of 148,193 shares. Analyst Ratings Changes WOOF has been the topic of a number of research reports. Wells Fargo & Company lifted their price target on shares of Petco Health and Wellness from $2.
75 to $3.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 11th. The Goldman Sachs Group cut their price target on Petco Health and Wellness from $5.
00 to $4.00 and set a “buy” rating on the stock in a report on Thursday, September 12th. Citigroup increased their price objective on Petco Health and Wellness from $4.
00 to $4.50 and gave the stock a “neutral” rating in a report on Thursday, September 12th. Wedbush reaffirmed an “outperform” rating and set a $5.
00 price target on shares of Petco Health and Wellness in a research report on Wednesday, September 11th. Finally, Royal Bank of Canada boosted their price objective on shares of Petco Health and Wellness from $3.00 to $3.
50 and gave the stock an “outperform” rating in a research report on Wednesday, September 11th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat.
com, the stock currently has an average rating of “Hold” and a consensus target price of $3.45. Get Our Latest Research Report on Petco Health and Wellness Petco Health and Wellness Stock Performance Petco Health and Wellness ( NASDAQ:WOOF – Get Free Report ) last released its quarterly earnings results on Tuesday, September 10th.
The company reported ($0.02) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.02).
Petco Health and Wellness had a negative net margin of 21.46% and a negative return on equity of 6.51%.
The firm had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.53 billion.
During the same quarter last year, the firm earned ($0.01) earnings per share. The company’s revenue for the quarter was down .
5% on a year-over-year basis. As a group, equities research analysts forecast that Petco Health and Wellness Company, Inc. will post -0.
24 EPS for the current year. Institutional Trading of Petco Health and Wellness Several large investors have recently made changes to their positions in WOOF. AQR Capital Management LLC boosted its holdings in Petco Health and Wellness by 82.
1% in the second quarter. AQR Capital Management LLC now owns 6,549,366 shares of the company’s stock worth $22,661,000 after acquiring an additional 2,953,667 shares in the last quarter. Millennium Management LLC increased its position in shares of Petco Health and Wellness by 233.
7% during the second quarter. Millennium Management LLC now owns 2,679,132 shares of the company’s stock worth $10,127,000 after acquiring an additional 1,876,233 shares in the last quarter. Jacobs Levy Equity Management Inc.
bought a new position in Petco Health and Wellness in the 1st quarter valued at about $4,091,000. Point72 Asset Management L.P.
boosted its stake in Petco Health and Wellness by 1,212.7% during the 2nd quarter. Point72 Asset Management L.
P. now owns 1,815,479 shares of the company’s stock valued at $6,863,000 after purchasing an additional 1,677,179 shares during the last quarter. Finally, Vanguard Group Inc.
boosted its stake in Petco Health and Wellness by 15.8% during the 1st quarter. Vanguard Group Inc.
now owns 9,208,064 shares of the company’s stock valued at $20,994,000 after purchasing an additional 1,254,554 shares during the last quarter. 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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