BidaskClub Downgrades VCA Inc. (NASDAQ:WOOF) to Hold
VCA Inc. (NASDAQ:WOOF) was downgraded by equities researchers at BidaskClub from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday, July 12th.
Several other research analysts also recently commented on WOOF. Jefferies Group LLC reiterated a “hold” rating and issued a $93.00 price objective on shares of VCA in a report on Friday, March 17th. Zacks Investment Research upgraded VCA from a “sell” rating to a “hold” rating in a report on Saturday, March 25th. One analyst has rated the stock with a sell rating, seven have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $92.17.
Shares of VCA (NASDAQ WOOF) opened at 92.64 on Wednesday. The firm has a 50 day moving average price of $92.49 and a 200-day moving average price of $91.69. VCA has a 52-week low of $59.51 and a 52-week high of $92.87. The company has a market cap of $7.62 billion, a price-to-earnings ratio of 34.81 and a beta of 1.01.
VCA (NASDAQ:WOOF) last released 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 firm 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 15.54% and a net margin of 8.00%. During the same quarter in the previous year, the business earned $0.87 earnings per share. Equities research analysts anticipate that VCA will post $3.20 earnings per share for the current year.
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Several hedge funds have recently bought and sold shares of the company. DUPONT CAPITAL MANAGEMENT Corp acquired a new stake in VCA during the first quarter valued at about $1,318,000. Longfellow Investment Management Co. LLC acquired a new stake in VCA during the first quarter valued at about $10,522,000. ARP Americas LLC acquired a new stake in VCA during the first quarter valued at about $10,569,000. Havens Advisors LLC acquired a new stake in VCA during the first quarter valued at about $7,869,000. Finally, State of Alaska Department of Revenue acquired a new stake in VCA during the first quarter valued at about $2,775,000. 74.38% of the stock is currently owned by institutional investors.
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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