PetcoWOOF
WOOF
About: Petco Health and Wellness Co Inc is a pet health and wellness company focused on improving the lives of pets, pet parents, and its partners with approximately 1,423 pet care centers offering pet care products such as puppy food, treats, nutrition, and supplies through retail outlets and online platforms. The company generates revenue from the sale of products and services such as dog and cat food, supplies, and companion animals, among others.
Employees: 29,000
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
123% more call options, than puts
Call options by funds: $14.1M | Put options by funds: $6.31M
18% more capital invested
Capital invested by funds: $1.17B [Q2] → $1.37B (+$206M) [Q3]
3% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 39
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
2% less funds holding
Funds holding: 176 [Q2] → 173 (-3) [Q3]
3.87% less ownership
Funds ownership: 131.31% [Q2] → 127.44% (-3.87%) [Q3]
43% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 70
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$5
30%
upside
Avg. target
$5.50
42%
upside
High target
$6
55%
upside
4 analyst ratings
2 positive
50%
2 neutral
50%
0 negative
0%
Morgan Stanley Simeon Gutman 68% 1-year accuracy 25 / 37 met price target | 30%upside $5 | Equal-Weight Maintained | 21 Jan 2025 |
RBC Capital Steven Shemesh 67% 1-year accuracy 35 / 52 met price target | 55%upside $6 | Outperform Reiterated | 20 Dec 2024 |
Wedbush Seth Basham 66% 1-year accuracy 91 / 137 met price target | 55%upside $6 | Outperform Maintained | 6 Dec 2024 |
Wells Fargo Zachary Fadem 71% 1-year accuracy 24 / 34 met price target | 30%upside $5 | Equal-Weight Maintained | 6 Dec 2024 |
Financial journalist opinion
Positive
Zacks Investment Research
1 week ago
What Makes Petco (WOOF) a New Strong Buy Stock
Petco (WOOF) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Positive
Zacks Investment Research
1 month ago
Petco (WOOF) Is Attractively Priced Despite Fast-paced Momentum
Petco (WOOF) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Positive
PYMNTS
1 month ago
Petco and Chewy Focus on Services and Customer Loyalty Programs
Elevating product offerings, customer engagement and operational efficiency to drive long-term growth in the competitive pet care market were common themes for pet health and wellness company Petco and online pet product retailer Chewy in their respective third-quarter financial results released Thursday (Dec. 5).
Positive
Benzinga
1 month ago
These Analysts Increase Their Forecasts On Petco Health and Wellness After Strong Q3 Results
Petco Health and Wellness Company, Inc. WOOF reported better-than-expected results for its third quarter on Thursday.
Positive
The Motley Fool
1 month ago
Why Petco Stock Is Skyrocketing Today
After the market closed Thursday, Petco (WOOF 5.50%) published its fiscal third-quarter results, with sales and earnings that beat Wall Street's expectations. As a result, the specialty retailer's stock is seeing big gains in Friday morning trading, up 19.8% as of 10:30 a.m.
Positive
Investopedia
1 month ago
Petco Stock Jumps as Q3 Results Beat Estimates
Petco Health + Wellness (WOOF) shares are jumping as much as 5% in premarket trading after the pet-products retailer reported better-than-expected quarterly results, as it narrowed its losses.
Neutral
Seeking Alpha
1 month ago
Petco Health and Wellness Company, Inc. (WOOF) Q3 2024 Earnings Call Transcript
Petco Health and Wellness Company, Inc. (NASDAQ:WOOF ) Q3 2024 Results Conference Call December 5, 2024 4:30 PM ET Company Participants Lisa Stark - Senior Director of Communications Joel Anderson - CEO Brian LaRose - CFO Conference Call Participants Kaumil Gajrawala - Jefferies Steven Shemesh - RBC Capital Michael Lasser - UBS Julio Marquez - Guggenheim Lauren Ng - Morgan Stanley Kendall Toscano - Bank of America Operator Good afternoon, and welcome to the Petco Third Quarter 2024 Earnings Conference Call. [Operator Instructions].
Positive
Market Watch
1 month ago
Petco's new CEO wants to make these changes to its stores, as shares rally
When Joel Anderson took the helm at Petco Health & Wellness Co. earlier this year, he said he wanted to improve the pet-supplies chain's profitability. On Thursday, he offered a more detailed outline on how he planned to do it.
Negative
Zacks Investment Research
1 month ago
Petco Health & Wellness (WOOF) Reports Q3 Loss, Tops Revenue Estimates
Petco Health & Wellness (WOOF) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.05 per share a year ago.
Neutral
PRNewsWire
1 month ago
Petco Health + Wellness Company, Inc. Reports Third Quarter 2024 Earnings Results
Q3 2024 Overview Net revenue of $1.51 billion increased 1.2 percent year over year and comparable sales increased 1.8 percent year over year Gross profit of $575.8 million increased 4.7 percent year over year, compared to $550.0 million in the prior year GAAP net loss of $16.7 million, or $(0.06) per share, compared to GAAP net loss of $1.2 billion, or $(4.63) per share in the prior year that included a $1.2 billion non-cash goodwill impairment charge Adjusted Net Income1 of $(6.5) million, or $(0.02) per share1, compared to Adjusted Net Income1 of $(14.5) million, or $(0.05) per share1 in the prior year Adjusted EBITDA1 of $81.2 million compared to $72.2 million in the prior year SAN DIEGO , Dec. 5, 2024 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (Nasdaq: WOOF), a complete partner in pet health and wellness, today announced its third quarter 2024 financial results. In the third quarter of 2024, Petco delivered net revenue of $1.51 billion, up 1.2 percent versus prior year.
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