VCA Inc. (WOOF) Stock Rating Upgraded by Zacks Investment Research
Zacks Investment Research upgraded shares of VCA Inc. (NASDAQ:WOOF) from a hold rating to a buy rating in a research note published on Friday. Zacks Investment Research currently has $104.00 price target on the stock.
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. “
Several other analysts have also commented on WOOF. BidaskClub lowered VCA from a sell rating to a strong sell rating in a report on Wednesday, August 9th. Stifel Nicolaus reaffirmed a hold rating and set a $93.00 target price on shares of VCA in a report on Friday, July 14th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. VCA has an average rating of Hold and an average price target of $92.17.
Shares of VCA (NASDAQ WOOF) opened at 92.99 on Friday. The company has a market capitalization of $7.56 billion, a P/E ratio of 34.95 and a beta of 1.01. The company has a 50-day moving average price of $92.59 and a 200 day moving average price of $91.98. VCA has a 12-month low of $59.51 and a 12-month high of $93.00.
VCA (NASDAQ:WOOF) last posted its earnings results on Wednesday, July 26th. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.94 by $0.02. The firm had revenue of $743.13 million for 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 last year, the company earned $0.87 earnings per share. On average, equities analysts anticipate that VCA will post $3.20 earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently modified their holdings of the business. Advisory Services Network LLC grew its holdings in VCA by 1.1% in the second quarter. Advisory Services Network LLC now owns 1,957 shares of the company’s stock valued at $181,000 after purchasing an additional 22 shares during the period. Utah Retirement Systems lifted its position in shares of VCA by 0.7% in the second quarter. Utah Retirement Systems now owns 14,336 shares of the company’s stock valued at $1,323,000 after acquiring an additional 100 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its position in shares of VCA by 0.7% in the second quarter. Thompson Siegel & Walmsley LLC now owns 14,550 shares of the company’s stock valued at $1,343,000 after acquiring an additional 100 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of VCA by 4.6% in the second quarter. PNC Financial Services Group Inc. now owns 3,937 shares of the company’s stock valued at $363,000 after acquiring an additional 173 shares in the last quarter. Finally, World Asset Management Inc lifted its position in shares of VCA by 3.4% in the second quarter. World Asset Management Inc now owns 5,871 shares of the company’s stock valued at $542,000 after acquiring an additional 195 shares in the last quarter. 78.04% 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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