Added to YB: 2021-04-01
Pitch date: 2021-04-01
WOOF [bullish]
Petco Health and Wellness Company, Inc.
-88.18%
current return
Author Info
No bio for this author
Company Info
Petco Health and Wellness Company, Inc., operates as a pet specialty retailer, focuses on enhancing the lives of pets, pet parents, and its Petco partners in the United States, Mexico, Puerto Rico, and Chile.
Market Cap
$773.3M
Pitch Price
$22.00
Price Target
29.71 (+1043%)
Dividend
N/A
EV/EBITDA
3.71
P/E
26.97
EV/Sales
0.55
Sector
Specialty Retail
Category
growth
The Dog Goes, WOOF! WOOF!
WOOF: Petco’s comeback rests on turning its 1,500-store footprint into a one-stop pet-care ecosystem spanning retail, digital, veterinary, grooming and training; customers using all four channels spend 6.4x more than single-channel users. Q4 revenue rose 16%, digital sales exceeded 90% growth and debt fell 49%. Applying 45x forward earnings to $0.66 of 2021 EPS implies $29.71, or 34% upside, but post-pandemic growth and execution remain key risks.
Read full article (9 min)