VCA Inc (NASDAQ:WOOF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors 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 analysts have also commented on WOOF. Raymond James Financial, Inc. lowered VCA from a “strong-buy” rating to a “market perform” rating in a report on Tuesday, January 10th. Benchmark Co. downgraded VCA from a “buy” rating to a “hold” rating in a research report on Thursday, February 16th. CL King downgraded VCA from a “buy” rating to a “neutral” rating in a research report on Thursday, January 26th. Jefferies Group LLC reiterated a “hold” rating and set a $93.00 target price on shares of VCA in a research report on Friday, March 17th. Finally, William Blair downgraded VCA from an “outperform” rating to a “market perform” rating in a research report on Monday, January 9th. Seven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $84.67.
VCA (NASDAQ:WOOF) traded up 0.082% during midday trading on Friday, reaching $91.575. 347,878 shares of the company’s stock traded hands. The stock has a market capitalization of $7.44 billion, a price-to-earnings ratio of 35.771 and a beta of 1.03. The company’s 50-day moving average price is $91.43 and its 200 day moving average price is $78.74. VCA has a 52 week low of $59.51 and a 52 week high of $91.96.
VCA (NASDAQ:WOOF) last issued its quarterly earnings data on Thursday, February 9th. The company reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by $0.02. VCA had a net margin of 8.31% and a return on equity of 16.03%. The firm earned $643.10 million during the quarter, compared to analyst estimates of $642.28 million. During the same period in the prior year, the company earned $0.50 earnings per share. The business’s quarterly revenue was up 20.5% compared to the same quarter last year. On average, equities research analysts expect that VCA will post $3.27 earnings per share for the current year.
Several hedge funds have recently made changes to their positions in WOOF. Wright Investors Service Inc. increased its stake in shares of VCA by 57.2% in the third quarter. Wright Investors Service Inc. now owns 20,530 shares of the company’s stock valued at $1,437,000 after buying an additional 7,470 shares in the last quarter. Bank of Montreal Can increased its stake in shares of VCA by 0.4% in the third quarter. Bank of Montreal Can now owns 36,891 shares of the company’s stock valued at $2,581,000 after buying an additional 143 shares in the last quarter. Montrusco Bolton Investments Inc. increased its stake in shares of VCA by 60.4% in the third quarter. Montrusco Bolton Investments Inc. now owns 237,839 shares of the company’s stock valued at $16,850,000 after buying an additional 89,584 shares in the last quarter. Chesley Taft & Associates LLC acquired a new stake in shares of VCA during the third quarter valued at $2,832,000. Finally, BTIM Corp. purchased a new position in VCA during the third quarter valued at approximately $6,902,000. 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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