Petco Health and Wellness Co Inc (NASDAQ: WOOF) is -40.51% lower on its value in year-to-date trading and has touched a low of $1.87 and a high of $10.76 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 $1.96 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $1.88, the stock is -20.25% and -24.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.14 million and changing -4.08% at the moment leaves the stock -59.13% off its SMA200. WOOF registered -75.71% loss for a year compared to 6-month loss of -50.66%. The firm has a 50-day simple moving average (SMA 50) of $0.55 and a 200-day simple moving average (SMA200) of -$3.78.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -24.80% gain in the last 1 month and extending the period to 3 months gives it a -37.33%, and is -2.59% down 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 5.93% over the week and 7.14% over the month.
Petco Health and Wellness Co Inc (WOOF) has around 29000 employees, a market worth around $504.76M and $6.26B in sales. Fwd P/E is 24.33. Profit margin for the company is -20.47%. Distance from 52-week low is 0.53% and -82.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-33.02%).
Petco Health and Wellness Co Inc quarterly earnings per share for the current quarter are estimated at -$0.06 with sales reaching $1.52B over the same period.The EPS is expected to shrink by -164.25% this year, but quarterly earnings will post -1.80% year-over-year.
Petco Health and Wellness Co Inc (WOOF) Top Institutional Holders
252 institutions hold shares in Petco Health and Wellness Co Inc (WOOF), with institutional investors hold 131.33% of the company’s shares. The shares outstanding are 231.20M, and float is at 139.44M with Short Float at 16.96%. Institutions hold 129.64% of the Float.
The top institutional shareholder in the company is Canada Pension Plan Investment Board with over 59.77 million shares valued at $531.91 million. The investor’s holdings represent 25.99% of the WOOF Shares outstanding. As of Jun 29, 2023, the second largest holder is Mackenzie Financial Corporation with 8.18 million shares valued at $72.77 million to account for 3.56% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 7.49 million shares representing 3.26% and valued at over $66.66 million, while Macquarie Group Limited holds 2.77% of the shares totaling 6.38 million with a market value of $56.74 million.
Petco Health and Wellness Co Inc (WOOF) Insider Activity
The most recent transaction is an insider purchase by BRIGGS GARY S,the company’sDirector. SEC filings show that BRIGGS GARY S bought 30,000 shares of the company’s common stock on Dec 01 ’23 at a price of $3.33 per share for a total of $99924.0. Following the purchase, the insider now owns 70085.0 shares.
Petco Health and Wellness Co Inc disclosed in a document filed with the SEC on Mar 28 ’23 that COUGHLIN RON (CEO & Chairman) bought a total of 61,040 shares of the company’s common stock. The trade occurred on Mar 28 ’23 and was made at $8.27 per share for $0.5 million. Following the transaction, the insider now directly holds 0.62 million shares of the WOOF stock.
