1 day Ago By ABMN Staff
Petco Health and Wellness Company, Inc. ( NASDAQ:WOOF – Get Free Report )’s stock price dropped 5.2% during mid-day trading on Monday .
The stock traded as low as $4.26 and last traded at $4.34.
Approximately 953,538 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 4,822,541 shares. The stock had previously closed at $4.58.
Analyst Ratings Changes A number of brokerages recently commented on WOOF. Wedbush reaffirmed an “outperform” rating and set a $5.00 price objective on shares of Petco Health and Wellness in a research note on Wednesday, September 11th.
Royal Bank of Canada boosted their target price on 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.
Needham & Company LLC reaffirmed a “buy” rating and issued a $5.00 price target on shares of Petco Health and Wellness in a research note on Thursday, May 23rd. The Goldman Sachs Group reduced their price objective on shares of Petco Health and Wellness from $5.
00 to $4.00 and set a “buy” rating on the stock in a research note on Thursday, September 12th. Finally, Citigroup boosted their price objective on shares of Petco Health and Wellness from $4.
00 to $4.50 and gave the company a “neutral” rating in a report on Thursday, September 12th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the stock.
Based on data from MarketBeat, Petco Health and Wellness has an average rating of “Hold” and a consensus target price of $3.45. View Our Latest Analysis on WOOF Petco Health and Wellness Price Performance Petco Health and Wellness ( NASDAQ:WOOF – Get Free Report ) last released its earnings results on Tuesday, September 10th.
The company reported ($0.02) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.02).
Petco Health and Wellness had a negative return on equity of 6.51% and a negative net margin of 21.46%.
The firm had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.53 billion.
During the same quarter in the prior year, the company earned ($0.01) EPS. The company’s revenue was down .
5% on a year-over-year basis. As a group, sell-side analysts predict that Petco Health and Wellness Company, Inc. will post -0.
23 earnings per share for the current fiscal year. Institutional Investors Weigh In On Petco Health and Wellness A number of hedge funds and other institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC boosted its position in Petco Health and Wellness by 0.
4% during the 2nd quarter. SG Americas Securities LLC now owns 1,070,559 shares of the company’s stock worth $4,047,000 after acquiring an additional 4,052 shares during the last quarter. Norden Group LLC lifted its position in shares of Petco Health and Wellness by 31.
7% in the second quarter. Norden Group LLC now owns 17,860 shares of the company’s stock worth $68,000 after purchasing an additional 4,301 shares in the last quarter. HB Wealth Management LLC boosted its holdings in Petco Health and Wellness by 21.
6% during the second quarter. HB Wealth Management LLC now owns 25,949 shares of the company’s stock worth $98,000 after purchasing an additional 4,615 shares during the last quarter. Price T Rowe Associates Inc.
MD grew its position in Petco Health and Wellness by 12.0% in the first quarter. Price T Rowe Associates Inc.
MD now owns 45,290 shares of the company’s stock valued at $104,000 after purchasing an additional 4,836 shares in the last quarter. Finally, Caprock Group LLC acquired a new stake in Petco Health and Wellness in the 2nd quarter valued at $44,000. About Petco Health and Wellness ( 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. Featured Articles Receive News & Ratings for Petco Health and Wellness Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petco Health and Wellness and related companies with MarketBeat.com's FREE daily email newsletter .
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