Petco Health and Wellness Company, Inc. Forecasted to Earn FY2026 Earnings of ($0.10) Per Share (NASDAQ:WOOF)

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) – Research analysts at Wedbush boosted their FY2026 earnings per share (EPS) estimates for Petco Health and Wellness in a research report issued to clients and investors on Wednesday, September 11th. Wedbush analyst S. Basham now anticipates that the company will earn ($0.10) per share for the year, up from their prior forecast of ($0.12). Wedbush currently has a “Outperform” rating and a $5.00 price objective on the stock. The consensus estimate for Petco Health and Wellness’ current full-year earnings is ($0.24) per share. Wedbush also issued estimates for Petco Health and Wellness’ FY2027 earnings at ($0.10) EPS.

Petco Health and Wellness (NASDAQ:WOOF) last announced its earnings results on Tuesday, September 10th. The company reported ($0.02) EPS for the quarter, meeting analysts’ consensus estimates of ($0.02). Petco Health and Wellness had a negative return on equity of 6.51% and a negative net margin of 21.46%. The business had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.53 billion. During the same quarter in the prior year, the firm earned ($0.01) earnings per share. The business’s revenue was down .5% compared to the same quarter last year.

Other equities research analysts have also issued reports about the company. Citigroup upped their price target 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. Needham & Company LLC restated a “buy” rating and issued a $5.00 price target on shares of Petco Health and Wellness in a research report on Thursday, May 23rd. Wells Fargo & Company upped their price target on Petco Health and Wellness from $2.75 to $3.00 and gave the company an “equal weight” rating in a research report on Wednesday, September 11th. The Goldman Sachs Group dropped their price target on Petco Health and Wellness from $5.00 to $4.00 and set a “buy” rating for the company in a research report on Thursday, September 12th. Finally, Royal Bank of Canada upped their price target on Petco Health and Wellness from $3.00 to $3.50 and gave the company an “outperform” rating in a research report on Wednesday, September 11th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $3.45.

Petco Health and Wellness Price Performance

WOOF stock opened at $4.65 on Monday. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.84 and a quick ratio of 0.21. The business has a 50 day simple moving average of $3.16 and a 200-day simple moving average of $2.77. The firm has a market capitalization of $1.45 billion, a PE ratio of -0.94 and a beta of 1.88. Petco Health and Wellness has a 1 year low of $1.41 and a 1 year high of $4.99.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Caprock Group LLC purchased a new position in shares of Petco Health and Wellness during the second quarter worth $44,000. Choreo LLC purchased a new position in shares of Petco Health and Wellness during the second quarter worth $45,000. Headlands Technologies LLC purchased a new position in shares of Petco Health and Wellness during the first quarter worth $30,000. Frank Rimerman Advisors LLC purchased a new position in shares of Petco Health and Wellness during the second quarter worth $50,000. Finally, Norden Group LLC purchased a new position in shares of Petco Health and Wellness during the first quarter worth $31,000.

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.