These Analysts Increase Their Forecasts On Petco Health and Wellness After Strong Q3 Results
These Analysts Increase Their Forecasts On Petco Health and Wellness After Strong Q3 Results
Petco Health shares gained 16.9% to trade at $5.73 on Friday.Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) reported better-than-expected results for its third quarter on Thursday.
Petco健康与保健公司（纳斯达克: WOOF）周四报告第三季度的业绩超过预期。
The company posted a quarterly loss of 1 cents per share versus market estimates of a loss of 4 cents per share. The company reported quarterly sales of $1.51 billion which beat the analyst consensus estimate of $1.50 billion.
该公司每股季度亏损1美分，而市场预期每股亏损4美分。该公司报告的季度销售额为$15.1亿，超过分析师一致预期的$15亿。
"Our third quarter results demonstrate the meaningful progress we're making to strengthen our retail fundamentals to drive sustainable, profitable growth," said Joel Anderson, Petco's Chief Executive Officer. "While there is more work to do, our improving results increase our conviction that we are on the right path to position Petco to win long-term. Our entire organization is focused on driving profitability and free cash flow, and I'm confident we're set up for a solid finish to 2024."
“我们第三季度的业绩表明我们正在取得有意义的进展，以加强我们的零售基本面，推动可持续、盈利增长，” Petco首席执行官乔尔·安德森表示。“虽然还有更多工作要做，但我们的业绩改善增加了我们相信我们正朝着为Petco赢得长期胜利的正确方向前进的信心。我们整个组织都专注于提高盈利能力和自由现金流，我相信我们已经做好了为2024年一个稳固结局的准备。”
Petco Health shares gained 16.9% to trade at $5.73 on Friday.
Petco Health股价周五上涨16.9%，报5.73美元交易。
These analysts made changes to their price targets on Petco Health following earnings announcement.
这些分析师根据盈利公告对Petco Health的价格目标进行了调整。
- Wells Fargo analyst Zachary Fadem maintained Petco Health and Wellness with an Equal-Weight and raised the price target from $3 to $5.
- RBC Capital analyst Steven Shemesh maintained the stock with an Outperform and boosted the price target from $5 to $6.
- Morgan Stanley analyst Simeon Gutman maintained Petco Health and Wellness with an Equal-Weight and raised the price target from $3 to $6.
- Wedbush analyst Seth Basham maintained Petco Health and Wellness with an Outperform and boosted the price target from $5.5 to $6.
- 富国银行分析师扎卡里·法德姆维持对Petco Health and Wellness的等权评级，并将价格目标从3美元提高至5美元。
- RBC资本分析师史蒂文·舍迈什维持该股票的表现评级，并将价格目标从5美元提高至6美元。
- 摩根士丹利分析师西蒙·古特曼维持对Petco Health and Wellness的等权评级，并将价格目标从3美元提高至6美元。
- Wedbush分析师Seth Basham维持对宠物健康与福祉的表现评级，并将价格目标从5.5美元提高至6美元。
Considering buying WOOF stock? Here's what analysts think:
考虑购买WOOF股票吗？这是分析师的看法：
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