Petco Health and Wellness (WOOF) Projected to Post Earnings on Wednesday

Petco Health and Wellness (NASDAQ:WOOF) is expected to be releasing its earnings data after the market closes on Wednesday, March 26th. Analysts expect Petco Health and Wellness to post earnings of $0.02 per share and revenue of $1.56 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Petco Health and Wellness Price Performance

Shares of WOOF stock opened at $2.44 on Monday. The stock’s fifty day simple moving average is $3.07 and its 200 day simple moving average is $3.94. Petco Health and Wellness has a one year low of $1.41 and a one year high of $6.29. The firm has a market cap of $764.81 million, a price-to-earnings ratio of -6.10 and a beta of 1.92. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.84 and a quick ratio of 0.22.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Royal Bank of Canada reiterated an “outperform” rating and set a $6.00 target price on shares of Petco Health and Wellness in a research report on Friday, December 20th. Citigroup cut their target price on shares of Petco Health and Wellness from $5.00 to $2.75 and set a “neutral” rating for the company in a research note on Tuesday, March 18th. Morgan Stanley decreased their price target on Petco Health and Wellness from $6.00 to $5.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 21st. Wedbush reissued an “outperform” rating and issued a $6.00 price objective on shares of Petco Health and Wellness in a research note on Wednesday, February 19th. Finally, StockNews.com upgraded Petco Health and Wellness from a “hold” rating to a “buy” rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $4.28.

About Petco Health and Wellness

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.