Stifel Nicolaus Reaffirms “Hold” Rating for VCA Inc. (WOOF)
VCA Inc. (NASDAQ:WOOF)‘s stock had its “hold” rating reiterated by equities researchers at Stifel Nicolaus in a note issued to investors on Friday. They presently have a $93.00 price target on the stock. Stifel Nicolaus’ price target suggests a potential upside of 0.63% from the company’s previous close.
A number of other research analysts have also recently commented on WOOF. Jefferies Group LLC reissued a “hold” rating and issued a $93.00 target price on shares of VCA in a research note on Friday, March 17th. Zacks Investment Research raised VCA from a “sell” rating to a “hold” rating in a research note on Saturday, March 25th. Finally, BidaskClub raised VCA from a “sell” rating to a “hold” rating in a research note on Friday, June 9th. Nine equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. VCA currently has an average rating of “Hold” and an average target price of $87.67.
VCA (NASDAQ WOOF) opened at 92.42 on Friday. VCA has a one year low of $59.51 and a one year high of $92.87. The firm’s 50-day moving average price is $92.20 and its 200 day moving average price is $88.41. The firm has a market capitalization of $7.51 billion, a P/E ratio of 35.41 and a beta of 1.01.
VCA (NASDAQ:WOOF) last released its earnings results on Thursday, April 27th. The company reported $0.73 EPS for the quarter, missing the Zacks’ consensus estimate of $0.76 by $0.03. The firm had revenue of $678.25 million during the quarter, compared to the consensus estimate of $679.92 million. VCA had a net margin of 8.13% and a return on equity of 15.61%. On average, equities analysts anticipate that VCA will post $3.10 earnings per share for the current fiscal year.
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Hedge funds and other institutional investors have recently made changes to their positions in the stock. Eagle Asset Management bought a new position in shares of VCA during the third quarter worth about $18,414,000. Commonwealth Equity Services boosted its position in shares of VCA by 427.9% in the fourth quarter. Commonwealth Equity Services now owns 22,410 shares of the company’s stock worth $1,233,000 after buying an additional 18,165 shares during the period. Thomson Horstmann & Bryant bought a new position in shares of VCA during the fourth quarter worth about $1,247,000. HighPoint Advisor Group LLC boosted its position in shares of VCA by 3.0% in the fourth quarter. HighPoint Advisor Group LLC now owns 12,743 shares of the company’s stock worth $642,000 after buying an additional 373 shares during the period. Finally, American Century Companies Inc. boosted its position in shares of VCA by 28.7% in the fourth quarter. American Century Companies Inc. now owns 1,842,769 shares of the company’s stock worth $101,352,000 after buying an additional 410,803 shares during the period. 73.90% of the stock is currently owned by hedge funds and other 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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