VCA Inc (NASDAQ:WOOF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Saturday.
According to Zacks, “VCA Inc. is a national animal healthcare company operating primarily in the United States and Canada. It owns, operates and manages veterinary hospitals and veterinary-exclusive clinical laboratories in the country, supplies diagnostic imaging equipment and other medical technology products and related services to the veterinary industry, and provides various communication, professional education and marketing solutions to the veterinary community. VCA Inc., formerly known as VCA Antech, Inc., is headquartered in Los Angeles, California. “
A number of other research firms also recently commented on WOOF. CL King downgraded VCA from a “buy” rating to a “neutral” rating in a research note on Thursday, January 26th. Raymond James Financial, Inc. downgraded VCA from a “strong-buy” rating to a “market perform” rating in a research note on Tuesday, January 10th. Benchmark Co. downgraded VCA from a “buy” rating to a “hold” rating in a research note on Friday, February 10th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $93.00 price target on shares of VCA in a research note on Friday, March 17th. Finally, Credit Suisse Group AG downgraded VCA from an “outperform” rating to a “neutral” rating and boosted their price target for the company from $76.00 to $93.00 in a research note on Wednesday, January 11th. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $84.67.
VCA (NASDAQ:WOOF) traded up 0.14% during midday trading on Friday, reaching $91.63. 634,211 shares of the company were exchanged. VCA has a one year low of $59.51 and a one year high of $91.96. The firm’s 50-day moving average is $91.43 and its 200-day moving average is $78.74. The firm has a market cap of $7.44 billion, a P/E ratio of 35.79 and a beta of 1.03.
VCA (NASDAQ:WOOF) last posted its quarterly earnings results on Thursday, February 9th. The company reported $0.58 EPS for the quarter, missing the Zacks’ consensus estimate of $0.60 by $0.02. The company earned $643.10 million during the quarter, compared to analyst estimates of $642.28 million. VCA had a net margin of 8.31% and a return on equity of 16.03%. The firm’s revenue for the quarter was up 20.5% compared to the same quarter last year. During the same period last year, the firm earned $0.50 EPS. On average, equities analysts expect that VCA will post $3.27 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Greenwood Capital Associates LLC boosted its position in VCA by 0.7% in the fourth quarter. Greenwood Capital Associates LLC now owns 5,303 shares of the company’s stock worth $364,000 after buying an additional 35 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in VCA by 0.4% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,012 shares of the company’s stock worth $825,000 after buying an additional 51 shares in the last quarter. Wedbush Securities Inc. boosted its position in VCA by 2.5% in the third quarter. Wedbush Securities Inc. now owns 3,160 shares of the company’s stock worth $221,000 after buying an additional 78 shares in the last quarter. Oakbrook Investments LLC boosted its position in VCA by 1.2% in the third quarter. Oakbrook Investments LLC now owns 8,287 shares of the company’s stock worth $580,000 after buying an additional 100 shares in the last quarter. Finally, State Treasurer State of Michigan boosted its position in VCA by 0.3% in the third quarter. State Treasurer State of Michigan now owns 32,500 shares of the company’s stock worth $2,274,000 after buying an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 86.95% of the company’s stock.
VCA Company Profile
VCA Inc is an animal healthcare company operating in the United States and Canada. The Company operates through five segments: animal hospitals (Animal Hospital), veterinary diagnostic laboratories (Laboratory), veterinary medical technology (Medical Technology), Vetstreet and Camp Bow Wow Franchising, Inc (Camp Bow Wow).
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