How to Buy Petco Health & Wellness Company Stock
Petco Health & Wellness Company Inc
Petco Health and Wellness Company, Inc. , a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners.
Petco Health & Wellness Company stock last closed at $2.93, down 6.09% from the previous day, and has decreased 41.98% in one year. It has underperformed other stocks in the Specialty Retail industry by 0.51 percentage points. Petco Health & Wellness Company stock is currently +107.21% from its 52-week low of $1.41, and -41.58% from its 52-week high of $5.02.
There are currently 310.78M WOOF shares outstanding. The market capitalization of WOOF is $910.59M. In the past 24 hours, 2.34M WOOF shares were traded.
How to Buy Petco Health & Wellness Company Stock
Not sure how to invest in Petco Health & Wellness Company stock? Here's how.
- Choose where to buy Petco Health & Wellness Company stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Petco Health & Wellness Company stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your payment method and add your details.
- Evaluate Petco Health & Wellness Company stock: The Petco Health & Wellness Company ticker symbol is WOOF. Is Petco Health & Wellness Company stock a good investment? Should you buy shares of WOOF? How do WOOF's underlying business fundamentals look? Do top analysts think Petco Health & Wellness Company is a good buy? Why has WOOF's stock price moved recently? (Hint: Our stock research website can help you evaluate if WOOF is a good stock to buy).
- Execute your WOOF trade: Decide if you will purchase WOOF shares at the current market price or use a limit order to buy WOOF stock at a particular price.
- Get the latest scoop on your WOOF investment: Create a watchlist to get the latest news on your position in Petco Health & Wellness Company shares.
Step 1: Choose where to buy Petco Health & Wellness Company stock
You need an online brokerage account to access the NASDAQ market and buy WOOF shares.
Our recommended brokerage: eToro
We believe that eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
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- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen your brokerage, you need to fill out some personal information so you can invest in WOOF stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new brokerage account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've filled out your info on investing apps, you can securely and quickly fund your account:
Check out the tutorial below to see the process of depositing funds into your new investment account.
Step 4: Evaluate Petco Health & Wellness Company stock
Once you have chosen the best place to buy Petco Health & Wellness Company stock, it's very important to research their stock prior to buying, so you can understand the risk and upside.
Petco Health & Wellness Company quick stats
WOOF Zen Score
WallStreetZen was created to help everyday investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on WOOF's stock page.
Is WOOF stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge WOOF's intrinsic value.
Using relative valuations measures:
- WOOF may be undervalued based on its P/B ratio of 0.78x, relative to Specialty Retail industry P/B ratio of 10.47x
You can access more valuation analysis on WOOF's stock here.
WOOF Financials at a glance
Pros:
- WOOF has cash burn of 26535000. It has sufficient cash and short-term investments to cover this for at least one year.
- WOOF has $89.72M in cash and short term investments. This is enough to cover its annual cash burn of $26.54M.
Cons:
- WOOF has a relatively high debt to equity ratio of 3.53.
- There are more short-term liabilities than short-term assets on the WOOF balance sheet.
- There are more long-term liabilities than short-term assets on the WOOF balance sheet.
- WOOF profit margin has gone down from 1% to -21.3% in the past year.
Do analysts think it's a good time to buy Petco Health & Wellness Company stock
Out of 9 Equities analysts who research WOOF, the consensus analyst rating on WOOF is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest WOOF Analyst Upgrades/Downgrades
Elizabeth Suzuki, a top 29% analyst from Bank of America downgrades WOOF to a sell rating and lowers their WOOF price target from $5.00 to $1.50, on Apr 2, 2024.
Zachary Fadem, a top 1% analyst from Wells Fargo maintains WOOF with a hold rating and lowers their WOOF price target from $3.00 to $2.00, on Mar 25, 2024.
Oliver Wintermantel, a top 27% analyst from Evercore ISI Group maintains WOOF with a hold rating and lowers their WOOF price target from $4.00 to $3.00, on Mar 15, 2024.
Justin Kleber, a top 20% analyst from Baird maintains WOOF with a hold rating and lowers their WOOF price target from $3.00 to $2.50, on Mar 14, 2024.
You can dive deeper into what analysts are projecting on the Petco Health & Wellness Company stock forecast page.
WOOF Technicals
WOOF Performance Metrics
Last year, WOOF revenue was $6.23B. Over the past three year, WOOF's revenue has gone up by 57.77% per year. This was faster than the Specialty Retail industry average of 8.89%.
Dig into WOOF's earnings and revenue performance here.
Latest Insiders Trades at WOOF
Over the past 12 months, insiders at WOOF have bought more shares than they have sold.
Giovanni Insana, Chief Legal Officer and Secretary of WOOF, was the latest WOOF insider to sell. They sold $4,299.70 worth of WOOF stock on Jul 19, 2024.
Dig into more about who owns WOOF stock here.
Can I rely on WOOF as an income stream?
No, Petco Health & Wellness Company doesn't provide an income stream by paying out dividends.
What do other investors have to say about WOOF?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your WOOF trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you want more help investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your WOOF investment
Now that you own some WOOF stock, you'll want to stay up-to-date on your new investment.
Start a watchlist to track the most important metrics related to your WOOF stock.
WOOF Feed
How to Buy Stock in Petco Health & Wellness Company
To reiterate, here are the 6 steps to buy Petco Health & Wellness Company stock:
- Choose where to buy Petco Health & Wellness Company stock
- Sign up for your brokerage account
- Deposit money your investment account
- Evaluate Petco Health & Wellness Company stock
- Execute your WOOF trade
- Get the latest scoop on your WOOF investment
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your investment in Petco Health & Wellness Company, add WOOF to your watchlist by clicking the button below.
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