Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Given Average Rating of "Hold" by Analysts

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF - Get Free Report) has been assigned a consensus rating of "Hold" from the eleven analysts that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $4.0625.The Squeeze is on for Petco Stock, Buy it When the Dust SettlesA number of equities research analysts recently issued reports on the company. UBS Group boosted their price objective on Petco Health and Wellness from $3.50 to $4.00 and gave the company a "neutral" rating in a research note on Monday, March 16th. Weiss Ratings restated a "sell (d-)" rating on shares of Petco Health and Wellness in a research note on Monday, December 29th. Jefferies Financial Group upgraded Petco Health and Wellness from a "hold" rating to a "buy" rating and boosted their price objective for the company from $4.05 to $5.00 in a research note on Thursday, March 12th. Evercore decreased their price target on Petco Health and Wellness from $4.00 to $3.00 and set an "in-line" rating on the stock in a research report on Tuesday, February 3rd. Finally, Citigroup upped their price target on Petco Health and Wellness from $3.50 to $4.00 and gave the company a "neutral" rating in a research report on Monday, March 16th.View Our Latest Research Report on WOOFInstitutional Investors Weigh In On Petco Health and WellnessWill This Pet Retailer's Stock Break Out of the Doghouse?Several hedge funds and other institutional investors have recently modified their holdings of the stock. Sei Investments Co. increased its position in shares of Petco Health and Wellness by 12.8% during the second quarter. Sei Investments Co. now owns 26,055 shares of the company's stock valued at $74,000 after buying an additional 2,951 shares during the period. Rockefeller Capital Management L.P. increased its position in shares of Petco Health and Wellness by 14.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 23,500 shares of the company's stock valued at $66,000 after buying an additional 2,988 shares during the period. Bank of Nova Scotia increased its position in shares of Petco Health and Wellness by 27.8% during the second quarter. Bank of Nova Scotia now owns 15,208 shares of the company's stock valued at $43,000 after buying an additional 3,308 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of Petco Health and Wellness by 9.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 42,569 shares of the company's stock valued at $155,000 after buying an additional 3,531 shares during the period. Finally, Creative Planning increased its position in shares of Petco Health and Wellness by 11.0% during the third quarter. Creative Planning now owns 40,826 shares of the company's stock valued at $158,000 after buying an additional 4,047 shares during the period. Petco Health and Wellness Trading Up 4.9%Shares of Petco Health and Wellness stock opened at $2.81 on Thursday. Petco Health and Wellness has a 52-week low of $2.24 and a 52-week high of $4.51. The stock's 50-day simple moving average is $2.69 and its 200 day simple moving average is $3.02. The stock has a market capitalization of $905.24 million, a P/E ratio of 93.67 and a beta of 1.62. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.38 and a current ratio of 0.90. High Call Option Volume: 3 Stocks to Keep on Your RadarPetco Health and Wellness (NASDAQ:WOOF - Get Free Report) last announced its quarterly earnings data on Wednesday, March 11th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by ($0.03). Petco Health and Wellness had a net margin of 0.15% and a return on equity of 0.89%. The firm had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the prior year, the firm posted ($0.05) earnings per share. The company's revenue was down 2.4% on a year-over-year basis. As a group, research analysts anticipate that Petco Health and Wellness will post -0.22 EPS for the current year. About Petco Health and Wellness (Get Free Report)Petco Health and Wellness Company, Inc NASDAQ: WOOF is a leading U.S. pet specialty retailer focused on delivering products, services and solutions that improve the health and well-being of pets. The company operates a network of retail locations that provide high-quality pet food, supplies and accessories, along with a growing digital platform that supports online ordering, subscription delivery and telehealth consultations for pets. In addition to its retail offerings, Petco has built a full suite of in-store and virtual services, including grooming, training, dog daycare and veterinary care.Read MoreFive stocks we like better than Petco Health and WellnessThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Petco Health and Wellness Right Now?Before you consider Petco Health and Wellness, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Petco Health and Wellness wasn't on the list.While Petco Health and Wellness currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here