40 institutions hold shares in Petco Health and Wellness Company Inc. (WOOF), with 200.77M shares held by insiders accounting for 75.99% while institutional investors hold 49.29% of the company’s shares. The shares outstanding are 100.87M, and float is at 47.23M with Short Float at 35.79%. Institutions hold 11.84% of the Float.
The top institutional shareholder in the company is Neuberger & Berman Genesis Fund with over 1.46 million shares valued at $32.37 million. The investor’s holdings represent 0.65% of the WOOF Shares outstanding. As of Feb 27, 2021, the second largest holder is MFS New Discovery Fund with 1.32 million shares valued at $26.3 million to account for 0.58% of the shares outstanding. The other top investors are Franklin Strategic Series-Franklin Small-Mid Cap Growth which holds 1.19 million shares representing 0.52% and valued at over $30.87 million, while JP Morgan Small Cap Growth Fund holds 0.45% of the shares totaling 1.02 million with a market value of $26.62 million.
Petco Health and Wellness Company Inc. (NASDAQ: WOOF) is -16.02% lower on its value in year-to-date trading and has touched a low of $17.86 and a high of $31.08 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WOOF stock was last observed hovering at around $25.08 in the last trading session, with the day’s loss setting it -0.39% off its average median price target of $30.00 for the next 12 months. It is also 20.35% off the consensus price target high of $31.00 offered by 10 analysts, but current levels are -12.23% lower than the price target low of $22.00 for the same period.
Currently trading at $24.69, the stock is 8.76% and 10.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.77 million and changing -1.56% at the moment leaves the stock 4.82% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $22.56 and a 200-day simple moving average (SMA200) of $23.55.
The stock witnessed a 11.47% In the last 1 month and extending the period to 3 months gives it a -8.52%, and is 4.00% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.79% over the week and 3.95% over the month.
Petco Health and Wellness Company Inc. (WOOF) has around 27081 employees, a market worth around $5.66B and $4.92B in sales. Fwd P/E is 32.83. Profit margin for the company is -0.50%. Distance from 52-week low is 38.24% and -20.56% from its 52-week high. The company has generated returns on investments over the last 12 months (4.80%).
Petco Health and Wellness Company Inc. (WOOF) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Petco Health and Wellness Company Inc. (WOOF) is a “Overweight”. 10 analysts offering their recommendations for the stock have an average rating of 2.10, where 4 rate it as a Hold and 1 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Petco Health and Wellness Company Inc. is expected to release its quarterly report on 06/30/2021 and quarterly earnings per share for the current quarter are estimated at $0.09 with sales reaching $1.27B over the same period.The EPS is expected to grow by 61.30% this year, but quarterly earnings will post 7.50% year-over-year.
Petco Health and Wellness Company Inc. (WOOF) Insider Activity
A total of 22 insider transactions have happened at Petco Health and Wellness Company Inc. (WOOF) in the last six months, with sales accounting for 0 and purchases happening 22 times. The most recent transaction is an insider purchase by Zavada John, the company’s Chief Inf. & Admin. Officer. SEC filings show that Zavada John bought 1,500 shares of the company’s common stock on Jan 19 at a price of $18.00 per share for a total of $27000.0. Following the purchase, the insider now owns 43167.0 shares.
Petco Health and Wellness Company Inc. disclosed in a document filed with the SEC on Jan 19 that Hassan Tariq (Chief Marketing Officer) bought a total of 500 shares of the company’s common stock. The trade occurred on Jan 19 and was made at $18.00 per share for $9000.0. Following the transaction, the insider now directly holds 500.0 shares of the WOOF stock.
Still, SEC filings show that on Jan 19, Eskenazi Ilene (CLO & Corporate Secretary) acquired 4,000 shares at an average price of $18.00 for $72000.0. The insider now directly holds 31,778 shares of Petco Health and Wellness Company Inc. (WOOF).