MWI Veterinary Supply Inc. Reaches New 12-Month High at $185.30 (MWIV)
MWI Veterinary Supply (NASDAQ:MWIV)’s share price reached a new 52-week high on Thursday, AR Network reports. The company traded as high as $185.30 and last traded at $182.06, with a volume of 28,188 shares traded. The stock had previously closed at $178.89.
A number of analysts have recently weighed in on MWIV shares. Analysts at Zacks reiterated a “neutral” rating on shares of MWI Veterinary Supply in a research note to investors on Friday, December 6th. They now have a $184.00 price target on the stock. Analysts at Piper Jaffray raised their price target on shares of MWI Veterinary Supply from $134.00 to $160.00 in a research note to investors on Monday, November 4th. They now have a “neutral” rating on the stock.
MWI Veterinary Supply has a 1-year low of $112.10 and a 1-year high of $184.00. The stock’s 50-day moving average is $175.3 and its 200-day moving average is $158.9. The company has a market cap of $2.350 billion and a P/E ratio of 36.14.
MWI Veterinary Supply (NASDAQ:MWIV) last issued its quarterly earnings data on Thursday, November 7th. The company reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.03. The company had revenue of $605.10 million for the quarter, compared to the consensus estimate of $609.28 million. During the same quarter in the previous year, the company posted $0.99 earnings per share. The company’s revenue for the quarter was up 9.7% on a year-over-year basis. Analysts expect that MWI Veterinary Supply will post $5.62 EPS for the current fiscal year.
MWI Veterinary Supply, Inc (NASDAQ:MWIV) is a distributor animal health products to veterinarians across the United States and United Kingdom.
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