Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Receives Consensus Rating of "Hold" from Brokerages

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF - Get Free Report) has received a consensus recommendation of "Hold" from the thirteen analysts that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $3.9580.The Squeeze is on for Petco Stock, Buy it When the Dust SettlesA number of research firms have commented on WOOF. Jefferies Financial Group boosted their price target on shares of Petco Health and Wellness from $4.05 to $4.15 and gave the company a "hold" rating in a research report on Friday, August 29th. Guggenheim reissued a "neutral" rating on shares of Petco Health and Wellness in a report on Tuesday, September 2nd. UBS Group increased their price target on Petco Health and Wellness from $3.25 to $3.70 and gave the stock a "neutral" rating in a research report on Friday, August 29th. Zacks Research lowered Petco Health and Wellness from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, October 28th. Finally, Wells Fargo & Company lifted their price objective on Petco Health and Wellness from $3.50 to $4.00 and gave the company an "equal weight" rating in a research report on Friday, August 29th.Check Out Our Latest Report on Petco Health and WellnessPetco Health and Wellness Stock PerformanceWill This Pet Retailer's Stock Break Out of the Doghouse?Shares of NASDAQ:WOOF opened at $3.06 on Friday. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.91 and a quick ratio of 0.35. The business's fifty day moving average price is $3.36 and its two-hundred day moving average price is $3.29. Petco Health and Wellness has a fifty-two week low of $2.28 and a fifty-two week high of $6.29. The stock has a market capitalization of $973.23 million, a price-to-earnings ratio of -305.69 and a beta of 1.71. Petco Health and Wellness (NASDAQ:WOOF - Get Free Report) last issued its earnings results on Tuesday, November 25th. The company reported $0.03 EPS for the quarter, beating the consensus estimate of $0.01 by $0.02. The company had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.47 billion. Petco Health and Wellness had a negative net margin of 0.04% and a positive return on equity of 0.46%. The firm's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.02) EPS. As a group, analysts predict that Petco Health and Wellness will post -0.22 EPS for the current fiscal year. Insider Buying and Selling at Petco Health and WellnessHigh Call Option Volume: 3 Stocks to Keep on Your RadarIn related news, CRO Patrick J. Venezia sold 74,192 shares of Petco Health and Wellness stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $3.08, for a total value of $228,511.36. Following the completion of the transaction, the executive directly owned 474,848 shares of the company's stock, valued at $1,462,531.84. The trade was a 13.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 4.40% of the company's stock. Hedge Funds Weigh In On Petco Health and WellnessSeveral large investors have recently made changes to their positions in the company. Sei Investments Co. raised its position in shares of Petco Health and Wellness by 12.8% during the second quarter. Sei Investments Co. now owns 26,055 shares of the company's stock worth $74,000 after purchasing an additional 2,951 shares during the period. Bank of Nova Scotia increased its stake in Petco Health and Wellness by 27.8% during the 2nd quarter. Bank of Nova Scotia now owns 15,208 shares of the company's stock worth $43,000 after purchasing an additional 3,308 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Petco Health and Wellness by 9.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 42,569 shares of the company's stock worth $155,000 after buying an additional 3,531 shares during the period. Creative Planning raised its holdings in Petco Health and Wellness by 11.0% during the 3rd quarter. Creative Planning now owns 40,826 shares of the company's stock worth $158,000 after buying an additional 4,047 shares during the period. Finally, Cetera Investment Advisers lifted its stake in Petco Health and Wellness by 17.6% in the second quarter. Cetera Investment Advisers now owns 28,419 shares of the company's stock valued at $80,000 after buying an additional 4,258 shares in the last quarter. About Petco Health and Wellness (Get Free Report)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.See AlsoFive stocks we like better than Petco Health and WellnessEV Stocks and How to Profit from Them The Trade Desk: After a 70% Plunge, This Could Be The Time to BuyCanadian Penny Stocks: Can They Make You Rich? Tap Into 2026 AI Infrastructure Gains With This High-Growth ETFWhat Are Earnings Reports?Strong Quarter, Weak Reaction: Why GitLab Shares DroppedThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Petco Health and Wellness Right Now?Before you consider Petco Health and Wellness, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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