Petco Health and Wellness (WOOF) to Release Quarterly Earnings on Wednesday

Petco Health and Wellness (NASDAQ:WOOF - Get Free Report) is projected to announce its earnings results after the market closes on Wednesday, March 26th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $1.56 billion for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.

Petco Health and Wellness Stock Up 1.2 %

NASDAQ WOOF traded up $0.03 during trading on Friday, reaching $2.44. 3,641,534 shares of the company's stock traded hands, compared to its average volume of 4,304,937. The company's 50 day simple moving average is $3.07 and its two-hundred day simple moving average is $3.92. Petco Health and Wellness has a 12-month low of $1.41 and a 12-month 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

WOOF has been the subject of a number of analyst reports. Wells Fargo & Company upped their target price 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. Royal Bank of Canada restated an "outperform" rating and set a $6.00 price objective on shares of Petco Health and Wellness in a research note on Friday, December 20th. StockNews.com upgraded Petco Health and Wellness from a "hold" rating to a "buy" rating in a research note on Thursday. Citigroup decreased their price target on shares of Petco Health and Wellness from $5.00 to $2.75 and set a "neutral" rating for the company in a research report on Tuesday. Finally, Wedbush reiterated an "outperform" rating and set a $6.00 price objective on shares of Petco Health and Wellness in a research note on Wednesday, February 19th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $4.28.

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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.