Petco (WOOF)

• Market cap: $1.05B
• 1 day: 1.06%
• 5 days: -7.30%
• 1 month: -11.19%
• 3 months: -19.11%
• 6 months: 19.06%
• Year to date: -7.07%
• 1 year: 38.04%
• 5 years: -87.04%
• 10 years: -87.04%
• Sector: Consumer Discretionary
• Industry: Retail Stores

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

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 31% upside
• Avg. target: $5.75 51% upside
• High target: $6 57% upside

4 analyst ratings

• positive: 2 50%
• neutral: 2 50%
• negative: 0 0%

RBC Capital Steven Shemesh 65% 1-year accuracy 33 / 51 met price target	57% upside $6	Outperform Reiterated	20 Dec 2024
Wedbush Seth Basham 66% 1-year accuracy 92 / 139 met price target	57% upside $6	Outperform Maintained	6 Dec 2024
Morgan Stanley Simeon Gutman 50% 1-year accuracy 18 / 36 met price target	57% upside $6	Equal-Weight Maintained	6 Dec 2024
Wells Fargo Zachary Fadem 63% 1-year accuracy 22 / 35 met price target	31% upside $5	Equal-Weight Maintained	6 Dec 2024