VCA Inc (NASDAQ:WOOF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note 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. “
WOOF has been the topic of a number of other research reports. William Blair lowered shares of VCA from an “outperform” rating to a “market perform” rating in a report on Monday, January 9th. Credit Suisse Group AG lowered shares of VCA from an “outperform” rating to a “neutral” rating and lifted their price target for the stock from $76.00 to $93.00 in a report on Wednesday, January 11th. Benchmark Co. lowered shares of VCA from a “buy” rating to a “hold” rating in a report on Thursday, February 16th. Jefferies Group LLC reiterated a “hold” rating and set a $93.00 price target on shares of VCA in a report on Friday, March 17th. Finally, Raymond James Financial, Inc. upgraded shares of VCA from an “outperform” rating to a “strong-buy” rating and lifted their price target for the stock from $74.00 to $80.00 in a report on Tuesday, January 3rd. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $84.67.
VCA (NASDAQ:WOOF) traded up 0.14% on Friday, reaching $91.63. The company’s stock had a trading volume of 634,311 shares. The stock’s 50 day moving average is $91.43 and its 200-day moving average is $78.74. The firm has a market capitalization of $7.44 billion, a PE ratio of 35.79 and a beta of 1.03. VCA has a 52 week low of $59.51 and a 52 week high of $91.96.
VCA (NASDAQ:WOOF) last posted its earnings results on Thursday, February 9th. The company reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by $0.02. The company had revenue of $643.10 million for the quarter, compared to the consensus estimate of $642.28 million. VCA had a return on equity of 16.03% and a net margin of 8.31%. The business’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.50 EPS. Analysts predict that VCA will post $3.27 EPS for the current year.
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A number of institutional investors have recently added to or reduced their stakes in the stock. Greenwood Capital Associates LLC raised 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 valued at $364,000 after buying an additional 35 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised 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 valued at $825,000 after buying an additional 51 shares during the last quarter. Wedbush Securities Inc. raised its position in VCA by 2.5% in the third quarter. Wedbush Securities Inc. now owns 3,160 shares of the company’s stock valued at $221,000 after buying an additional 78 shares during the last quarter. Oakbrook Investments LLC raised its position in VCA by 1.2% in the third quarter. Oakbrook Investments LLC now owns 8,287 shares of the company’s stock valued at $580,000 after buying an additional 100 shares during the last quarter. Finally, State Treasurer State of Michigan raised 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 valued at $2,274,000 after buying an additional 100 shares during the last quarter. Institutional investors and hedge funds 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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