Petco Health and Wellness Co Inc (NASDAQ: WOOF) is -19.95% 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 $2.96 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $3.05, the stock is 18.94% and 2.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.9 million and changing 3.04% at the moment leaves the stock -17.23% off its SMA200. WOOF registered 39.27% gain for a year compared to 6-month loss of -33.84%. The firm has a 50-day simple moving average (SMA 50) of $2.9724 and a 200-day simple moving average (SMA200) of $3.684925.
The stock witnessed a 13.38% gain in the last 1 month and extending the period to 3 months gives it a -26.15%, and is 23.48% 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 13.72% over the week and 8.90% over the month.
Petco Health and Wellness Co Inc (WOOF) has around 29000 employees, a market worth around $840.78M and $6.12B in sales. Fwd P/E is 16.47. Profit margin for the company is -1.66%. Distance from 52-week low is 115.70% and -51.51% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.73%).
with sales reaching $1.5B over the same period.The EPS is expected to grow by 201.29% this year, but quarterly earnings will post -1.67% year-over-year. Quarterly sales are estimated to shrink -1.86% in year-over-year returns.
Petco Health and Wellness Co Inc (WOOF) Top Institutional Holders
270.0 institutions hold shares in Petco Health and Wellness Co Inc (WOOF), with institutional investors hold 138.70% of the company’s shares. The shares outstanding are 239.10M, and float is at 133.68M with Short Float at 21.16%. Institutions hold 129.67% 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 53.4376% 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 21.8861 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 8.8 million shares representing 3.2631% and valued at over $33.27 million, while BLACKROCK INC. holds 3.2396 of the shares totaling 8.85 million with a market value of $33.44 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).