Petco Health and Wellness (WOOF) Expected to Announce Earnings on Wednesday

Petco Health and Wellness (NASDAQ:WOOF) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, March 26th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $1.56 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Petco Health and Wellness Trading Down 3.6 %

Shares of NASDAQ:WOOF opened at $2.41 on Wednesday. Petco Health and Wellness has a 1 year low of $1.41 and a 1 year high of $6.29. The firm has a market capitalization of $755.41 million, a price-to-earnings ratio of -6.03 and a beta of 1.92. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.84 and a quick ratio of 0.22. The business’s 50 day moving average price is $3.16 and its 200-day moving average price is $3.95.

Analyst Ratings Changes

WOOF has been the topic of a number of recent analyst reports. Morgan Stanley decreased their target price on Petco Health and Wellness from $6.00 to $5.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 21st. Citigroup reduced their price objective on Petco Health and Wellness from $5.00 to $2.75 and set a “neutral” rating for the company in a research note on Tuesday. Royal Bank of Canada reissued an “outperform” rating and issued a $6.00 price objective on shares of Petco Health and Wellness in a research note on Friday, December 20th. Wells Fargo & Company increased their price objective on Petco Health and Wellness from $3.00 to $5.00 and gave the company an “equal weight” rating in a research note on Friday, December 6th. Finally, StockNews.com raised Petco Health and Wellness from a “hold” rating to a “buy” rating in a research note on Tuesday, March 11th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, Petco Health and Wellness presently has a consensus rating of “Hold” and an average target price of $4.28.

Petco Health and Wellness Company Profile

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.