Petco Health and Wellness (WOOF) Projected to Post Earnings on Wednesday

Petco Health and Wellness (NASDAQ:WOOF) is expected to be posting its quarterly earnings results before the market opens on Wednesday, March 12th. Analysts expect Petco Health and Wellness to post earnings of $0.02 per share and revenue of $1.56 billion for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Petco Health and Wellness Stock Down 0.8 %

NASDAQ WOOF opened at $2.45 on Wednesday. Petco Health and Wellness has a 52 week low of $1.41 and a 52 week high of $6.29. The company has a quick ratio of 0.22, a current ratio of 0.84 and a debt-to-equity ratio of 1.40. The company has a market capitalization of $767.95 million, a P/E ratio of -6.13 and a beta of 1.88. The stock’s 50-day moving average price is $3.46 and its 200-day moving average price is $3.98.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on WOOF. Royal Bank of Canada reiterated an “outperform” rating and issued a $6.00 price target on shares of Petco Health and Wellness in a research report on Friday, December 20th. StockNews.com cut Petco Health and Wellness from a “buy” rating to a “hold” rating in a report on Sunday, February 16th. Wedbush reiterated an “outperform” rating and set a $6.00 target price on shares of Petco Health and Wellness in a research report on Wednesday, February 19th. Wells Fargo & Company boosted their price target on Petco Health and Wellness from $3.00 to $5.00 and gave the stock an “equal weight” rating in a report on Friday, December 6th. Finally, Morgan Stanley cut their price objective on shares of Petco Health and Wellness from $6.00 to $5.00 and set an “equal weight” rating for the company in a report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $4.16.

About Petco Health and Wellness

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.