VCA Inc. (WOOF) Given Average Recommendation of “Buy” by Brokerages
VCA Inc. (NASDAQ:WOOF) has been given a consensus recommendation of “Buy” by the seven brokerages that are currently covering the firm. One analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $71.67.
A number of equities analysts recently commented on the stock. Zacks Investment Research cut shares of VCA from a “buy” rating to a “hold” rating in a research note on Wednesday, July 13th. Jefferies Group boosted their price objective on shares of VCA from $56.00 to $69.00 and gave the company a “hold” rating in a research report on Thursday, July 28th. Finally, Bank of America Corp. reissued a “buy” rating on shares of VCA in a research report on Thursday, September 29th.
VCA (NASDAQ:WOOF) traded up 0.85% during midday trading on Tuesday, hitting $69.20. 587,852 shares of the stock were exchanged. The company has a market cap of $5.60 billion, a PE ratio of 24.69 and a beta of 1.23. The firm’s 50 day moving average price is $69.71 and its 200 day moving average price is $66.92. VCA has a 12 month low of $44.00 and a 12 month high of $73.69.
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VCA (NASDAQ:WOOF) last released its quarterly earnings results on Wednesday, July 27th. The company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.05. VCA had a net margin of 9.93% and a return on equity of 16.86%. The firm earned $653.50 million during the quarter, compared to analysts’ expectations of $637.18 million. During the same period in the previous year, the company earned $0.70 EPS. The firm’s revenue for the quarter was up 19.1% compared to the same quarter last year. On average, equities research analysts forecast that VCA will post $2.93 earnings per share for the current fiscal year.
In other news, Director John B. Chickering, Jr. sold 2,302 shares of the business’s stock in a transaction dated Thursday, August 4th. The shares were sold at an average price of $70.85, for a total value of $163,096.70. Following the completion of the sale, the director now owns 10,992 shares in the company, valued at approximately $778,783.20. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Arthur J. Antin sold 34,000 shares of the business’s stock in a transaction dated Friday, September 16th. The shares were sold at an average price of $69.03, for a total transaction of $2,347,020.00. Following the completion of the sale, the chief operating officer now owns 89,691 shares of the company’s stock, valued at approximately $6,191,369.73. The disclosure for this sale can be found here. 4.60% of the stock is currently owned by company insiders.
Several large investors have recently bought and sold shares of WOOF. Nisa Investment Advisors LLC raised its stake in VCA by 910.4% in the third quarter. Nisa Investment Advisors LLC now owns 1,657 shares of the company’s stock valued at $116,000 after buying an additional 1,493 shares in the last quarter. Walleye Trading LLC raised its position in VCA by 312.0% in the second quarter. Walleye Trading LLC now owns 2,052 shares of the company’s stock valued at $139,000 after buying an additional 1,554 shares during the period. Creative Planning raised its position in VCA by 43.5% in the second quarter. Creative Planning now owns 2,554 shares of the company’s stock valued at $173,000 after buying an additional 774 shares during the period. Fisher Asset Management LLC purchased a new position in VCA during the third quarter valued at approximately $204,000. Finally, Bessemer Group Inc. raised its position in VCA by 58.1% in the second quarter. Bessemer Group Inc. now owns 3,004 shares of the company’s stock valued at $203,000 after buying an additional 1,104 shares during the period. Institutional investors and hedge funds own 91.18% of the company’s stock.
VCA Inc is an animal healthcare company. The Company operates through five segments. Its Animal Hospital segment provides veterinary services for companion animals and sells related retail and pharmaceutical products. Its Laboratory segment provides diagnostic laboratory testing services for veterinarians, both associated with its animal hospitals and those independent of the Company.
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