VCA Inc (NASDAQ:WOOF) Downgraded by Zacks Investment Research to Hold

VCA Inc (NASDAQ:WOOF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Wednesday, September 13th.

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. “

Other analysts also recently issued research reports about the company. BidaskClub downgraded VCA from a “strong-buy” rating to a “buy” rating in a research note on Thursday, July 6th. Stifel Nicolaus reaffirmed a “hold” rating and set a $93.00 price objective on shares of VCA in a research note on Friday, July 14th. One analyst has rated the stock with a sell rating, eight have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. VCA has an average rating of “Hold” and a consensus price target of $92.17.

VCA (WOOF) opened at 92.98 on Wednesday. VCA has a one year low of $59.51 and a one year high of $93.00. The stock’s 50 day moving average price is $92.74 and its 200-day moving average price is $92.16. The stock has a market cap of $7.56 billion, a P/E ratio of 34.94 and a beta of 1.01.

VCA (NASDAQ:WOOF) last issued its quarterly earnings data on Wednesday, July 26th. The company reported $0.96 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.94 by $0.02. The business had revenue of $743.13 million for the quarter, compared to the consensus estimate of $735.75 million. VCA had a return on equity of 17.32% and a net margin of 9.48%. During the same quarter last year, the business posted $0.87 EPS. On average, analysts predict that VCA will post $3.23 earnings per share for the current year.

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Hedge funds have recently added to or reduced their stakes in the business. Meeder Asset Management Inc. bought a new position in VCA during the 1st quarter worth about $163,000. Advisory Services Network LLC increased its holdings in VCA by 1.1% during the 2nd quarter. Advisory Services Network LLC now owns 1,957 shares of the company’s stock worth $181,000 after purchasing an additional 22 shares in the last quarter. RBF Capital LLC bought a new position in VCA during the 1st quarter worth about $201,000. Daiwa Securities Group Inc. bought a new position in VCA during the 2nd quarter worth about $217,000. Finally, Nordea Investment Management AB bought a new position in VCA during the 2nd quarter worth about $238,000. Hedge funds and other institutional investors own 76.52% of the company’s stock.

About VCA

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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Analyst Recommendations for VCA (NASDAQ:WOOF)

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