VCA Antech Sees Large Growth in Short Interest (WOOF)
VCA Antech (NASDAQ:WOOF) saw a significant increase in short interest during the month of June. As of June 13th, there was short interest totalling 2,942,662 shares, an increase of 52.1% from the May 30th total of 1,934,534 shares, American Banking News reports. Approximately 3.5% of the shares of the stock are short sold. Based on an average daily volume of 1,177,885 shares, the short-interest ratio is presently 2.5 days.
Separately, analysts at GARP Research downgraded shares of VCA Antech from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 4th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $31.60.
Shares of VCA Antech (NASDAQ:WOOF) opened at 35.28 on Wednesday. VCA Antech has a 52-week low of $25.55 and a 52-week high of $36.53. The stock has a 50-day moving average of $33.94 and a 200-day moving average of $32.29. The company has a market cap of $3.115 billion and a P/E ratio of 22.35.
VCA Antech (NASDAQ:WOOF) last released its earnings data on Thursday, April 24th. The company reported $0.42 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.42. The company had revenue of $449.50 million for the quarter, compared to the consensus estimate of $456.11 million. During the same quarter in the prior year, the company posted $0.40 earnings per share. The company’s quarterly revenue was up 2.5% on a year-over-year basis. Analysts expect that VCA Antech will post $1.83 EPS for the current fiscal year.
VCA Antech, Inc is a national animal healthcare company operating in the United States and Canada. The Company provides veterinary services and diagnostic testing to support veterinary cares.
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