Petco Health and Wellness Co Inc (NASDAQ:WOOF) shares, rose in value on Thursday, March 27, with the stock price up by 31.56% to the previous day’s close as strong demand from buyers drove the stock to $3.21.
Actively observing the price movement in the last trading, the stock closed the session at $2.44, falling within a range of $2.76 and $3.42. The value of beta (5-year monthly) was 1.921. Referring to stock’s 52-week performance, its high was $6.29, and the low was $1.41. On the whole, WOOF has fluctuated by 13.83% over the past month.
With the market capitalization of Petco Health and Wellness Co Inc currently standing at about $884.89 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-25.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 6.01B, with a low estimate of 1.49B and a high estimate of 1.52B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.5B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WOOF’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of WOOF currently trading nearly 27.28% and 6.89% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 68.12, while the 7-day volatility ratio is showing 8.67% which for the 30-day chart, stands at 7.86%. Furthermore, Petco Health and Wellness Co Inc (WOOF)’s beta value is 1.91, and its average true range (ATR) is 0.23.
A comparison of Petco Health and Wellness Co Inc (WOOF) with its peers suggests the former has fared considerably weaker in the market. WOOF showed an intraday change of 31.56% in last session, and over the past year, it grew by 63.78%%.
Data on historical trading for Petco Health and Wellness Co Inc (NASDAQ:WOOF) indicates that the trading volumes over the past 10 days have averaged 6.29 and over the past 3 months, they’ve averaged 3.81 million. According to company’s latest data on outstanding shares, there are 239.10 million shares outstanding.
Nearly 51.51% of Petco Health and Wellness Co Inc’s shares belong to company insiders and institutional investors own 59.01% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 28.28 million shares as on 2025-03-14, resulting in a short ratio of 7.03. According to the data, the short interest in Petco Health and Wellness Co Inc (WOOF) stood at 3148.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 27.89 million. The stock has fallen by -15.75% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WOOF stock heading into the next quarter.
