VCA Inc. (NASDAQ:WOOF) was upgraded by equities researchers at BidaskClub from a “buy” rating to a “strong-buy” rating in a note issued to investors on Thursday, June 29th.
Several other equities research analysts have also weighed in on the company. Zacks Investment Research upgraded VCA from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Jefferies Group LLC restated a “hold” rating and issued a $93.00 target price on shares of VCA in a report on Friday, March 17th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. VCA has a consensus rating of “Hold” and a consensus price target of $87.67.
Shares of VCA (NASDAQ:WOOF) traded down 0.01% during trading on Thursday, reaching $92.59. 394,912 shares of the company’s stock were exchanged. VCA has a 52 week low of $59.51 and a 52 week high of $92.87. The stock has a market capitalization of $7.61 billion, a price-to-earnings ratio of 34.80 and a beta of 1.01. The stock has a 50 day moving average price of $92.48 and a 200-day moving average price of $91.66.
VCA (NASDAQ:WOOF) last announced its quarterly earnings results on Wednesday, July 26th. The company reported $0.96 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.94 by $0.02. The business had revenue of $743.13 million during the quarter, compared to analyst estimates of $735.75 million. VCA had a return on equity of 15.54% and a net margin of 8.00%. During the same period in the previous year, the company earned $0.87 EPS. Analysts predict that VCA will post $3.11 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. increased its position in shares of VCA by 2,848.0% in the first quarter. BlackRock Inc. now owns 6,340,883 shares of the company’s stock valued at $580,192,000 after buying an additional 6,125,792 shares in the last quarter. Pentwater Capital Management LP acquired a new position in shares of VCA during the first quarter valued at approximately $214,110,000. Bank of America Corp DE increased its position in shares of VCA by 267.3% in the first quarter. Bank of America Corp DE now owns 2,624,862 shares of the company’s stock valued at $240,175,000 after buying an additional 1,910,155 shares in the last quarter. Morgan Stanley increased its position in shares of VCA by 535.1% in the first quarter. Morgan Stanley now owns 1,546,462 shares of the company’s stock valued at $141,500,000 after buying an additional 1,302,982 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of VCA by 227.7% in the first quarter. JPMorgan Chase & Co. now owns 1,206,693 shares of the company’s stock valued at $110,412,000 after buying an additional 838,452 shares in the last quarter. 73.95% of the stock is currently owned by institutional investors.
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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