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健康與保健公司（納斯達克: WOOF）週四報告第三季度的業績超過預期。
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.
該公司每股季度虧損1美分，而市場預期每股虧損4美分。該公司報告的季度銷售額爲$15.1億，超過分析師一致預期的$15億。
"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."
「我們第三季度的業績表明我們正在取得有意義的進展，以加強我們的零售基本面，推動可持續、盈利增長，」 Petco首席執行官喬爾·安德森表示。「雖然還有更多工作要做，但我們的業績改善增加了我們相信我們正朝着爲Petco贏得長期勝利的正確方向前進的信心。我們整個組織都專注於提高盈利能力和自由現金流，我相信我們已經做好了爲2024年一個穩固結局的準備。」
Petco Health shares gained 16.9% to trade at $5.73 on Friday.
Petco Health股價週五上漲16.9%，報5.73美元交易。
These analysts made changes to their price targets on Petco Health following earnings announcement.
這些分析師根據盈利公告對Petco Health的價格目標進行了調整。
- 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.
- 富國銀行分析師扎卡里·法德姆維持對Petco Health and Wellness的等權評級，並將價格目標從3美元提高至5美元。
- RBC資本分析師史蒂文·舍邁什維持該股票的表現評級，並將價格目標從5美元提高至6美元。
- 摩根士丹利分析師西蒙·古特曼維持對Petco Health and Wellness的等權評級，並將價格目標從3美元提高至6美元。
- Wedbush分析師Seth Basham維持對寵物健康與福祉的表現評級，並將價格目標從5.5美元提高至6美元。
Considering buying WOOF stock? Here's what analysts think:
考慮購買WOOF股票嗎？這是分析師的看法：
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