Gain insights into the latest analyst ratings for Petco Health and Wellness WOOF within the past quarter:

Gain insights into the future projections for Petco Health and Wellness by 7 analysts over the next 12 months. The anticipated average price target is $3.94, with a high estimate of $5.00 and a low estimate of $3.00.

Check out a summary of analyst ratings for Petco Health and Wellness by 7 analysts in the last 3 months. A higher proportion of bullish ratings indicates positive sentiment, while bearish ratings suggest a negative outlook.

Highlighting a 36.96% decrease, the current average has fallen from the previous average price target of $6.25.

Exploring Analyst Ratings: An In-Depth Overview

Take a deep dive into the evaluations of financial experts and analysts as we dissect their recent assessments for Petco Health and Wellness. The Ratings Table below offers an extensive overview of the decisions taken by prominent analysts, their current ratings, and price targets. Offer crucial insights into emerging market trends and investor sentiment by understanding how these experts perceive the company.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Petco Health and Wellness. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Petco Health and Wellness compared to the broader market.
• Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Petco Health and Wellness's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Petco Health and Wellness's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Petco Health and Wellness analyst ratings.

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Get to Know Petco Health and Wellness Better

Petco Health and Wellness Co Inc offer pet care products such as puppy food, treats, nutrition, and supplies through retail outlets and online platforms. The company generates revenue from the sale of products and services such as dog and cat food, supplies, and companion animals, among others.

Petco Health and Wellness's Financial Performance

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Negative Revenue Trend: Examining Petco Health and Wellness's financials over 3 months reveals challenges. As of 31 October, 2023, the company experienced a decline of approximately -0.47% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.

Net Margin: Petco Health and Wellness's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -83.07%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Petco Health and Wellness's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -68.81%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Petco Health and Wellness's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -20.53%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Petco Health and Wellness's debt-to-equity ratio stands notably higher than the industry average, reaching 2.54. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

How Are Analyst Ratings Determined?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.