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Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) CFO Brian Larose acquired 5,125 shares of Petco Health and Wellness stock in a transaction that occurred on Monday, December 6th. The stock was purchased at an average price of $19.45 per share, with a total value of $99,681.25. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Shares of WOOF traded up $1.03 during mid-day trading on Monday, reaching $19.46. 3,458,129 shares of the company’s stock were exchanged, compared to its average volume of 2,613,426. The company has a quick ratio of 0.33, a current ratio of 0.96 and a debt-to-equity ratio of 0.74. The company has a 50-day simple moving average of $22.55 and a two-hundred day simple moving average of $22.07. Petco Health and Wellness Company, Inc. has a 52-week low of $17.82 and a 52-week high of $31.08. The company has a market cap of $4.41 billion and a price-to-earnings ratio of 40.54.
Petco Health and Wellness (NASDAQ:WOOF) last released its earnings results on Wednesday, November 17th. The company reported $0.20 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.02. The firm had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.37 billion. Petco Health and Wellness had a net margin of 2.30% and a return on equity of 8.27%. Petco Health and Wellness’s revenue was up 14.6% compared to the same quarter last year. As a group, equities research analysts predict that Petco Health and Wellness Company, Inc. will post 0.76 EPS for the current fiscal year.
A number of research analysts have issued reports on the stock. Jefferies Financial Group cut shares of Petco Health and Wellness from a “buy” rating to a “hold” rating and set a $26.00 target price for the company. in a report on Monday, November 15th. Wedbush raised shares of Petco Health and Wellness from a “neutral” rating to an “outperform” rating and set a $23.00 target price for the company in a report on Monday. Credit Suisse Group raised shares of Petco Health and Wellness from a “neutral” rating to an “outperform” rating and set a $28.00 target price for the company in a report on Friday, August 20th. Evercore ISI reaffirmed a “buy” rating on shares of Petco Health and Wellness in a report on Sunday, August 22nd. Finally, Zacks Investment Research cut shares of Petco Health and Wellness from a “buy” rating to a “hold” rating in a report on Thursday, November 25th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $26.00.
A number of hedge funds have recently added to or reduced their stakes in the business. Psagot Value Holdings Ltd. grew its stake in Petco Health and Wellness by 109.9% in the 3rd quarter. Psagot Value Holdings Ltd. now owns 30,961 shares of the company’s stock worth $653,000 after acquiring an additional 16,211 shares during the period. Summit Trail Advisors LLC grew its stake in Petco Health and Wellness by 0.4% in the 3rd quarter. Summit Trail Advisors LLC now owns 264,000 shares of the company’s stock worth $5,570,000 after acquiring an additional 1,000 shares during the period. Captrust Financial Advisors grew its stake in Petco Health and Wellness by 2,567.1% in the 3rd quarter. Captrust Financial Advisors now owns 15,869 shares of the company’s stock worth $335,000 after acquiring an additional 15,274 shares during the period. Twinbeech Capital LP grew its stake in Petco Health and Wellness by 112.0% in the 3rd quarter. Twinbeech Capital LP now owns 44,292 shares of the company’s stock worth $935,000 after acquiring an additional 23,404 shares during the period. Finally, UBS Group AG grew its stake in Petco Health and Wellness by 25.3% in the 3rd quarter. UBS Group AG now owns 81,606 shares of the company’s stock worth $1,722,000 after acquiring an additional 16,476 shares during the period. 63.86% of the stock is owned by hedge funds and other institutional investors.
Petco Health and Wellness Company Profile
Petco Health and Wellness Company, Inc operates as a retailer of premium pet consumables, supplies, and companion animals and services. The company also offers grooming, in-store and online training, tele-veterinarian, and pet health insurance services, as well as veterinary services through Vetco clinics.
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