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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 $1.56, down 1.27% from the previous day, and has decreased 84.24% in one year. It has underperformed other stocks in the Specialty Retail industry by 0.94 percentage points. Petco Health & Wellness Company stock is currently +2.63% from its 52-week low of $1.52, and -85.5% from its 52-week high of $10.76.

There are currently 307.37M WOOF shares outstanding. The market capitalization of WOOF is $479.49M. In the past 24 hours, 3.26M 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.
  1. 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.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Pick your payment method and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  2. Enter your personal data to create your new brokerage account.
  1. Send your application by clicking the "Create Account" button.
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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.

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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 Price
$1.56
1w %
-3.7%
1y %
-84.24%
5y %
N/A
P/E
-0.33x
P/B
0.4x
P/S
0.07x
PEG
N/A
Revenue
$6.26B
Earnings
-$1.28B
Fore. Rev. Growth
1.44%
Fore. Earn. Growth
N/A
Market Cap
$479.49M
Next Earnings
May 22, 2024
Next Dividend
N/A

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 0.4x, relative to Specialty Retail industry P/B ratio of 10.92x

You can access more valuation analysis on WOOF's stock here.

WOOF Financials at a glance

Pros:

  • WOOF has cash burn of 9879000. It has sufficient cash and short-term investments to cover this for at least one year.
  • WOOF has $125.43M in cash and short term investments. This is enough to cover its annual cash burn of $9.88M.
  • Total WOOF debt is lower than 5 years ago, relative to shareholder equity.

Cons:

  • WOOF has a relatively high debt to equity ratio of 3.53.
  • There are more long-term liabilities than short-term assets on the WOOF balance sheet.
  • WOOF profit margin has gone down from 1.5% to -20.5% in the past year.
  • There are more short-term liabilities than short-term assets on the WOOF balance sheet.

Is Petco Health & Wellness Company stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 11 sell side analysts who track WOOF, the consensus analyst rating on WOOF is a Hold

Please note that analyst forecasts are not stock recommendations, nor are they investment advice.

Most Recent WOOF Analyst Upgrades/Downgrades

Justin Kleber, a top 22% 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.

Anna Andreeva, a bottom 2% analyst from Needham maintains WOOF with a buy rating and maintains their WOOF price target from $5.00 to $5.00, on Mar 13, 2024.

Kaumil Gajrawala, a bottom 6% analyst from Jefferies initiates coverage on WOOF with a hold rating and announces their WOOF price target of $3.11, on Dec 19, 2023.

Simeon Gutman, a bottom 2% analyst from Morgan Stanley maintains WOOF with a hold rating and lowers their WOOF price target from $5.00 to $3.00, on Dec 4, 2023.

Kate McShane, a bottom 7% analyst from Goldman Sachs maintains WOOF with a strong buy rating and lowers their WOOF price target from $7.00 to $5.00, on Nov 30, 2023.

You can dig deeper into what analysts are projecting on the Petco Health & Wellness Company stock forecast page.

WOOF Trading Indicators

SMA10
1.65
SMA20
1.83
SMA50
2.18
SMA100
2.54
SMA200
3.87
MACD
-0.17
MACD Signal
-0.17
MACD Histogram
-0.01
RSI
29.39
Stochastic %K
5.2
Stochastic %D
8.73
StochRSI %K
8.01
StochRSI %D
12.12

WOOF Revenue

Last year, WOOF revenue was $6.26B. In the last 5 year, WOOF's revenue has grown by 7.33% per year. This was slower than the Specialty Retail industry average of 11.37%.

Dive into WOOF's earnings and revenue performance here.

Who is buying/selling WOOF?

In the past 12 months, insiders at WOOF have sold more shares than they have bought.

Rajendra M. Mohan, Interim Chief Executive Officer of WOOF, was the latest WOOF insider to sell. They sold $61,154.60 worth of WOOF shares on Apr 15, 2024.

Dig into more about who owns WOOF shares 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.

WOOF Social Trading Data

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Execute your WOOF trade

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a given price, place a limit order.

Click the Open button and your broker will place the order.

If you need more help with investing in stocks on eToro, click the helpful video below:

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Step 6: Get the latest scoop on your WOOF investment

Now that you own some shares in WOOF, you'll want to stay up-to-date on your new investment.

Add WOOF to a watchlist to see the latest developments about your WOOF stock.

WOOF Feed

How to Buy Stock in Petco Health & Wellness Company

To summarize, here are the 6 steps you need to take to buy Petco Health & Wellness Company stock right now:

  1. Choose where to buy Petco Health & Wellness Company stock
  2. Sign up for your brokerage account
  3. Deposit money your investment account
  4. Evaluate Petco Health & Wellness Company stock
  5. Execute your WOOF trade
  6. Get the latest scoop on your WOOF investment

If you require a brokerage account, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your investment in Petco Health & Wellness Company, create a watchlist on WallStreetZen today.

NASDAQ: WOOF
$1.56-0.02 (-1.27%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: WOOF
$1.56-0.02 (-1.27%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Petco Health & Wellness Company share?

As of Apr 24, 2024, it costs $1.56 to buy one share of Petco Health & Wellness Company stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.78, you can buy 0.5 shares of WOOF.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Petco Health & Wellness Company stock?

According to 11 Wall Street analysts who monitor Petco Health & Wellness Company, their consensus recommendation is to hold Petco Health & Wellness Company stock.

What is the best way to buy Petco Health & Wellness Company stock?

One way to place an order for Petco Health & Wellness Company stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.