Brokerages Set Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Target Price at $4.25

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) has been assigned a consensus rating of “Hold” from the eleven research firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $4.25.

WOOF has been the subject of a number of recent analyst reports. The Goldman Sachs Group cut their price target on shares of Petco Health and Wellness from $5.00 to $4.00 and set a “buy” rating for the company in a research note on Thursday, September 12th. Wells Fargo & Company lifted their price target on Petco Health and Wellness from $3.00 to $5.00 and gave the stock an “equal weight” rating in a report on Friday, December 6th. Wedbush upped their price objective on Petco Health and Wellness from $5.50 to $6.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Citigroup raised their price objective on Petco Health and Wellness from $4.00 to $4.50 and gave the company a “neutral” rating in a research report on Thursday, September 12th. Finally, Morgan Stanley boosted their target price on Petco Health and Wellness from $3.00 to $6.00 and gave the stock an “equal weight” rating in a report on Friday, December 6th.

Petco Health and Wellness Trading Down 1.5 %

Shares of Petco Health and Wellness stock opened at $3.95 on Friday. Petco Health and Wellness has a 12-month low of $1.41 and a 12-month high of $6.29. The company has a quick ratio of 0.22, a current ratio of 0.84 and a debt-to-equity ratio of 1.40. The business’s 50 day moving average is $4.44 and its 200-day moving average is $3.90. The stock has a market cap of $1.24 billion, a P/E ratio of -9.88 and a beta of 1.89.

Institutional Trading of Petco Health and Wellness

A number of institutional investors have recently bought and sold shares of WOOF. Caprock Group LLC bought a new position in shares of Petco Health and Wellness during the second quarter worth approximately $44,000. Choreo LLC acquired a new stake in Petco Health and Wellness during the second quarter worth approximately $45,000. Frank Rimerman Advisors LLC bought a new position in Petco Health and Wellness during the 2nd quarter worth $50,000. Point72 Asia Singapore Pte. Ltd. raised its holdings in Petco Health and Wellness by 253.7% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 11,231 shares of the company’s stock valued at $51,000 after acquiring an additional 8,056 shares in the last quarter. Finally, nVerses Capital LLC bought a new stake in shares of Petco Health and Wellness during the 2nd quarter valued at $52,000.

Petco Health and Wellness Company Profile

Petco Health and Wellness Company, Inc, operates as a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners in the United States, Mexico, and Puerto Rico. The company provides veterinary care, grooming, training, tele-health, and Vital Care and pet health insurance services, as well as veterinary services through Vetco mobile clinics.