Does Petco Health and Wellness Co Inc (WOOF) offer a good opportunity for investors?

With 3.11 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.82 million shares. During the session, the Specialty Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $3.35 whereas the lowest price it dropped to was $3.225. The 52-week range on WOOF shows that it touched its highest point at $9.74 and its lowest point at $1.41 during that stretch. It currently has a 1-year price target of $3.04. Beta for the stock currently stands at 1.88.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WOOF was down-trending over the past week, with a drop of -2.37%, but this was down by -13.87% over a month. Three-month performance surged to 71.35% while six-month performance rose 10.77%. The stock lost -63.85% in the past year, while it has gained 4.11% so far this year. A look at the trailing 12-month EPS for WOOF yields -4.94 with Next year EPS estimates of 0.12. For the next quarter, that number is -0.02. This implies an EPS growth rate of -148.42% for this year and 368.34% for next year. EPS is expected to grow by 48.80% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -25.03%.

Float and Shares Shorts:

At present, 231.16 million WOOF shares are outstanding with a float of 77.88 million shares on hand for trading. On 2024-06-14, short shares totaled 17.47 million, which was 640.0 higher than short shares on 1715731200. In addition to Mr. R. Michael Mohan as the firm’s Interim CEO & Director, Mr. Brian LaRose serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 1.2811301 of WOOF’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-05-04, WOOF reported revenue of $1529140000.0 and operating income of -$16782000.0. The EBITDA in the recently reported quarter was $30558000.0 and diluted EPS was -$0.17.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WOOF since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.