Petco Health and Wellness Co Inc (NASDAQ: WOOF) is -13.65% lower on its value in year-to-date trading and has touched a low of $1.41 and a high of $6.29 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 $3.42 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $3.29, the stock is -12.97% and -20.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.51 million and changing -3.80% at the moment leaves the stock -9.22% off its SMA200. WOOF registered 37.66% gain for a year compared to 6-month gain of 3.79%. The firm has a 50-day simple moving average (SMA 50) of $4.1322 and a 200-day simple moving average (SMA200) of $3.615825.
The stock witnessed a -13.65% loss in the last 1 month and extending the period to 3 months gives it a -26.73%, and is -12.27% 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 6.68% over the week and 6.81% over the month.
Petco Health and Wellness Co Inc (WOOF) has around 29000 employees, a market worth around $906.91M and $6.24B in sales. Fwd P/E is 72.51. Profit margin for the company is -1.77%. Distance from 52-week low is 132.67% and -47.69% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.94%).
The EPS is expected to shrink by -187.67% this year.
Petco Health and Wellness Co Inc (WOOF) Top Institutional Holders
242.0 institutions hold shares in Petco Health and Wellness Co Inc (WOOF), with institutional investors hold 134.40% of the company’s shares. The shares outstanding are 237.16M, and float is at 138.67M with Short Float at 20.22%. Institutions hold 128.50% 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 Aug 07 ’24, Tichy Justin (Former Officer) Proposed Sale 38,611 shares at an average price of $2.60 for $0.1 million. The insider now directly holds shares of Petco Health and Wellness Co Inc (WOOF).
