Petco Health and Wellness (NASDAQ:WOOF) Stock Rating Lowered by Wall Street Zen

Petco Health and Wellness (NASDAQ:WOOF) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday, Wall Street Zen reports.

Other equities analysts also recently issued reports about the stock. UBS Group dropped their price objective on shares of Petco Health and Wellness from $4.00 to $3.50 and set a “neutral” rating on the stock in a research note on Thursday. Citigroup lowered their target price on Petco Health and Wellness from $4.00 to $3.25 and set a “neutral” rating for the company in a report on Thursday, June 4th. Zacks Research cut Petco Health and Wellness from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. Weiss Ratings reiterated a “sell (d)” rating on shares of Petco Health and Wellness in a report on Thursday, June 11th. Finally, Robert W. Baird boosted their price target on Petco Health and Wellness from $3.00 to $3.25 and gave the stock a “neutral” rating in a research report on Thursday. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Petco Health and Wellness has a consensus rating of “Reduce” and a consensus target price of $3.42.

Petco Health and Wellness Price Performance

WOOF opened at $2.70 on Friday. Petco Health and Wellness has a 12-month low of $2.24 and a 12-month high of $3.96. The company has a current ratio of 0.90, a quick ratio of 0.39 and a debt-to-equity ratio of 1.21. The business’s fifty day simple moving average is $2.71 and its 200-day simple moving average is $2.74. The company has a market capitalization of $873.07 million, a price-to-earnings ratio of 27.00, a PEG ratio of 2.45 and a beta of 1.53.

Petco Health and Wellness (NASDAQ:WOOF) last posted its earnings results on Wednesday, September 2nd. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.06. Petco Health and Wellness had a net margin of 0.51% and a return on equity of 3.44%. The business had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter last year, the firm posted $0.05 EPS. On average, equities research analysts anticipate that Petco Health and Wellness will post 0.1 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Holly May sold 200,000 shares of Petco Health and Wellness stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $2.54, for a total value of $508,000.00. Following the transaction, the insider owned 1,327,867 shares of the company’s stock, valued at $3,372,782.18. The trade was a 13.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have sold 450,000 shares of company stock valued at $1,145,500. 6.50% of the stock is owned by insiders.

Institutional Investors Weigh In On Petco Health and Wellness

Several institutional investors have recently bought and sold shares of WOOF. AQR Capital Management LLC grew its holdings in Petco Health and Wellness by 9.1% in the first quarter. AQR Capital Management LLC now owns 1,274,588 shares of the company’s stock worth $3,887,000 after purchasing an additional 106,295 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Petco Health and Wellness by 60.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,637,695 shares of the company’s stock valued at $11,095,000 after purchasing an additional 1,367,299 shares during the last quarter. Creative Planning boosted its position in shares of Petco Health and Wellness by 14.8% in the 2nd quarter. Creative Planning now owns 36,779 shares of the company’s stock worth $104,000 after purchasing an additional 4,734 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Petco Health and Wellness by 17.6% in the 2nd quarter. Cetera Investment Advisers now owns 28,419 shares of the company’s stock worth $80,000 after purchasing an additional 4,258 shares in the last quarter. Finally, Legal & General Group Plc grew its stake in Petco Health and Wellness by 23.9% during the 2nd quarter. Legal & General Group Plc now owns 126,352 shares of the company’s stock worth $358,000 after buying an additional 24,369 shares during the last quarter.

Key Petco Health and Wellness News

Here are the key news stories impacting Petco Health and Wellness this week:

• Positive Sentiment: Petco reported fiscal Q2 earnings per share of $0.13, above the $0.07 consensus estimate and up from $0.05 a year earlier. Adjusted earnings were reported at $0.16 by Zacks, also exceeding expectations. Revenue was approximately $1.49 billion, in line with forecasts. Petco Q2 EPS beat
• Positive Sentiment: Net income rose to $38.7 million, while operating cash flow nearly doubled. Management attributed part of the improvement to stronger consumables and services performance, omnichannel initiatives, and a one-time tariff refund. Petco turnaround gains
• Positive Sentiment: Petco reaffirmed its flat-to-1.5% full-year sales outlook and forecast fiscal 2026 adjusted EBITDA of $415 million to $430 million, supporting the view that cost controls and operational improvements can drive earnings even without significant sales growth. Petco fiscal 2026 outlook
• Neutral Sentiment: Analyst opinions remain divided. RBC Capital maintained a Buy rating, while Morgan Stanley kept a Hold rating. Robert W. Baird raised its price target to $3.25 but retained a Neutral rating. RBC Buy rating
• Negative Sentiment: BNP Paribas Exane cut its price target to $2.11 and assigned an Underperform rating. UBS lowered its target to $3.50 and retained a Neutral rating, underscoring concerns about limited revenue momentum and execution risk. Analyst caution after Petco earnings

Petco Health and Wellness Company Profile

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.