Wall Street brokerages expect VCA Inc (NASDAQ:WOOF) to post earnings per share of $0.94 for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for VCA’s earnings, with the highest EPS estimate coming in at $0.97 and the lowest estimate coming in at $0.92. VCA reported earnings of $0.87 per share in the same quarter last year, which would indicate a positive year over year growth rate of 8%. The firm is expected to report its next quarterly earnings report on Wednesday, July 26th.
According to Zacks, analysts expect that VCA will report full year earnings of $3.24 per share for the current financial year, with EPS estimates ranging from $3.15 to $3.39. For the next financial year, analysts anticipate that the company will post earnings of $3.59 per share, with EPS estimates ranging from $3.45 to $3.88. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that that provide coverage for VCA.
VCA (NASDAQ:WOOF) last issued its earnings results on Thursday, April 27th. The company reported $0.73 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.76 by $0.03. The firm had revenue of $678.25 million during the quarter, compared to analysts’ expectations of $679.92 million. VCA had a net margin of 8.31% and a return on equity of 16.03%.
WOOF has been the subject of a number of recent analyst reports. Jefferies Group LLC reiterated a “hold” rating and issued a $93.00 target price on shares of VCA in a research report on Friday, March 17th. Credit Suisse Group AG lowered shares of VCA from an “outperform” rating to a “neutral” rating and increased their target price for the company from $76.00 to $93.00 in a research report on Wednesday, January 11th. CL King lowered shares of VCA from a “buy” rating to a “neutral” rating in a research report on Thursday, January 26th. Zacks Investment Research lowered shares of VCA from a “hold” rating to a “sell” rating in a research report on Wednesday, January 25th. Finally, Benchmark Co. lowered shares of VCA from a “buy” rating to a “hold” rating in a research report on Friday, February 10th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $86.60.
Shares of VCA (NASDAQ:WOOF) traded up 0.05% during mid-day trading on Thursday, hitting $91.91. 158,225 shares of the stock traded hands. The stock has a market cap of $7.55 billion, a P/E ratio of 35.21 and a beta of 1.03. VCA has a 12-month low of $59.51 and a 12-month high of $91.96. The firm’s 50 day moving average price is $91.60 and its 200-day moving average price is $80.49.
A number of institutional investors have recently made changes to their positions in WOOF. Allianz Asset Management AG raised its position in shares of VCA by 0.3% in the fourth quarter. Allianz Asset Management AG now owns 432,844 shares of the company’s stock worth $29,715,000 after buying an additional 1,184 shares in the last quarter. Bank of Montreal Can raised its position in 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 during the period. HBK Investments L P acquired a new position in VCA during the third quarter valued at $658,000. California State Teachers Retirement System raised its position in VCA by 0.9% in the third quarter. California State Teachers Retirement System now owns 165,800 shares of the company’s stock valued at $11,603,000 after buying an additional 1,400 shares during the period. Finally, Hanseatic Management Services Inc. raised its position in VCA by 22.9% in the third quarter. Hanseatic Management Services Inc. now owns 32,580 shares of the company’s stock valued at $2,280,000 after buying an additional 6,061 shares during the period. 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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