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

Petco Health and Wellness (NASDAQ:WOOF) is expected to release its earnings data before the market opens on Wednesday, March 12th. Analysts expect Petco Health and Wellness to post earnings of $0.02 per share and revenue of $1.56 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Petco Health and Wellness Stock Up 0.4 %

Shares of WOOF opened at $2.59 on Tuesday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.22 and a current ratio of 0.84. Petco Health and Wellness has a one year low of $1.41 and a one year high of $6.29. The stock has a market capitalization of $811.83 million, a price-to-earnings ratio of -6.48 and a beta of 1.92. The stock has a 50 day moving average price of $3.35 and a 200 day moving average price of $3.98.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on WOOF shares. Royal Bank of Canada reiterated an “outperform” rating and set a $6.00 price target on shares of Petco Health and Wellness in a report on Friday, December 20th. Wedbush reaffirmed an “outperform” rating and issued a $6.00 price target on shares of Petco Health and Wellness in a research report on Wednesday, February 19th. StockNews.com downgraded Petco Health and Wellness from a “buy” rating to a “hold” rating in a report on Sunday, February 16th. Morgan Stanley dropped their price objective on Petco Health and Wellness from $6.00 to $5.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 21st. Finally, Wells Fargo & Company raised their price target on Petco Health and Wellness from $3.00 to $5.00 and gave the stock an “equal weight” rating in a research note on Friday, December 6th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Petco Health and Wellness has a consensus rating of “Hold” and an average target price of $4.16.

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.