$735.75 Million in Sales Expected for VCA Inc. (NASDAQ:WOOF) This Quarter
Analysts predict that VCA Inc. (NASDAQ:WOOF) will report $735.75 million in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for VCA’s earnings, with estimates ranging from $725.08 million to $743.10 million. VCA reported sales of $653.49 million in the same quarter last year, which indicates a positive year over year growth rate of 12.6%. The business is expected to announce its next quarterly earnings results on Wednesday, July 26th.
According to Zacks, analysts expect that VCA will report full-year sales of $735.75 million for the current fiscal year, with estimates ranging from $2.80 billion to $2.95 billion. For the next year, analysts forecast that the company will post sales of $3.13 billion per share, with estimates ranging from $2.98 billion to $3.35 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that that provide coverage for VCA.
VCA (NASDAQ:WOOF) last released its earnings results on Thursday, April 27th. The company reported $0.73 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.76 by $0.03. The company had revenue of $678.25 million for the quarter, compared to analyst estimates of $679.92 million. VCA had a net margin of 8.13% and a return on equity of 15.61%.
A number of equities analysts have commented on WOOF shares. BidaskClub raised shares of VCA from a “hold” rating to a “buy” rating in a research report on Saturday, June 17th. Stifel Nicolaus reaffirmed a “hold” rating and set a $93.00 price objective on shares of VCA in a research report on Friday, July 14th. Finally, Zacks Investment Research raised shares of VCA from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. Nine investment analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. VCA currently has a consensus rating of “Hold” and an average price target of $87.67.
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Several hedge funds have recently added to or reduced their stakes in the company. Longfellow Investment Management Co. LLC boosted its stake in VCA by 15.7% in the second quarter. Longfellow Investment Management Co. LLC now owns 133,000 shares of the company’s stock valued at $12,277,000 after buying an additional 18,000 shares during the period. State Treasurer State of Michigan boosted its stake in VCA by 1.5% in the second quarter. State Treasurer State of Michigan now owns 33,500 shares of the company’s stock valued at $3,092,000 after buying an additional 500 shares during the period. Exane Asset Management purchased a new stake in VCA during the second quarter valued at $1,177,000. Aperio Group LLC boosted its stake in VCA by 18.0% in the second quarter. Aperio Group LLC now owns 22,569 shares of the company’s stock valued at $2,083,000 after buying an additional 3,450 shares during the period. Finally, Louisiana State Employees Retirement System boosted its stake in VCA by 3.4% in the second quarter. Louisiana State Employees Retirement System now owns 21,200 shares of the company’s stock valued at $1,957,000 after buying an additional 700 shares during the period. Institutional investors own 74.27% of the company’s stock.
VCA (WOOF) traded up 0.01% during trading on Friday, reaching $92.45. 586,338 shares of the company traded hands. The company’s 50-day moving average is $92.43 and its 200 day moving average is $91.00. VCA has a 12 month low of $59.51 and a 12 month high of $92.87. The company has a market cap of $7.51 billion, a PE ratio of 35.42 and a beta of 1.01.
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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