Petco Health and Wellness Co Inc (NASDAQ: WOOF) is 41.46% higher on its value in year-to-date trading and has touched a low of $1.41 and a high of $5.09 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WOOF stock was last observed hovering at around $4.55 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $4.47, the stock is 9.20% and 31.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.47 million and changing -1.76% at the moment leaves the stock 56.76% off its SMA200. WOOF registered 9.29% gain for a year compared to 6-month gain of 130.41%. The firm has a 50-day simple moving average (SMA 50) of $3.4118 and a 200-day simple moving average (SMA200) of $2.856475.
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The stock witnessed a 40.13% loss in the last 1 month and extending the period to 3 months gives it a 43.96%, and is 1.82% 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 6.61% over the week and 10.18% over the month.
Petco Health and Wellness Co Inc (WOOF) has around 29000 employees, a market worth around $1.23B and $6.22B in sales. Fwd P/E is 58.81. Profit margin for the company is -21.46%. Distance from 52-week low is 216.12% and -12.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-35.02%).
The EPS is expected to shrink by -168.98% this year.
Petco Health and Wellness Co Inc (WOOF) Top Institutional Holders
239.0 institutions hold shares in Petco Health and Wellness Co Inc (WOOF), with institutional investors hold 134.37% of the company’s shares. The shares outstanding are 231.16M, and float is at 77.95M with Short Float at 28.14%. Institutions hold 128.68% of the Float.
The top institutional shareholder in the company is CVC MANAGEMENT HOLDINGS II LTD. with over 145.92 million shares valued at $551.59 million. The investor’s holdings represent 54.0925% of the WOOF Shares outstanding. As of 2024-06-30, the second largest holder is CANADA PENSION PLAN INVESTMENT BOARD with 59.77 million shares valued at $225.91 million to account for 22.1544 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 8.85 million shares representing 3.2793% and valued at over $33.44 million, while VANGUARD GROUP INC holds 3.2631 of the shares totaling 8.8 million with a market value of $33.27 million.
Petco Health and Wellness Co Inc (WOOF) Insider Activity
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Still, SEC filings show that on May 29 ’24, Breitner Cameron (Director) acquired 750,000 shares at an average price of $3.14 for $2.35 million. The insider now directly holds 750,000 shares of Petco Health and Wellness Co Inc (WOOF).
