VCA Inc. (WOOF) Short Interest Down 22.4% in August
VCA Inc. (NASDAQ:WOOF) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 1,280,928 shares, a decrease of 22.4% from the August 15th total of 1,649,871 shares. Currently, 1.6% of the shares of the stock are sold short. Based on an average trading volume of 474,490 shares, the days-to-cover ratio is currently 2.7 days.
Several analysts have issued reports on WOOF shares. Zacks Investment Research upgraded shares of VCA from a “hold” rating to a “buy” rating and set a $104.00 price target for the company in a research report on Tuesday, August 1st. BidaskClub lowered shares of VCA from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 9th. Finally, Stifel Nicolaus restated a “hold” rating and set a $93.00 price target on shares of VCA in a research report on Friday, July 14th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $92.17.
Shares of VCA (NASDAQ:WOOF) opened at 92.98 on Friday. The stock has a market capitalization of $7.56 billion, a price-to-earnings ratio of 34.94 and a beta of 1.01. The firm’s 50-day moving average is $92.72 and its 200 day moving average is $92.11. VCA has a 52-week low of $59.51 and a 52-week high of $93.00.
VCA (NASDAQ:WOOF) last posted its earnings results on Wednesday, July 26th. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.02. VCA had a net margin of 8.00% and a return on equity of 15.54%. The firm had revenue of $743.13 million for the quarter, compared to the consensus estimate of $735.75 million. During the same period in the previous year, the firm posted $0.87 EPS. Equities analysts expect that VCA will post $3.23 EPS for the current year.
Several institutional investors have recently bought and sold shares of the company. Advisory Services Network LLC increased its holdings in shares of VCA by 1.1% in the 2nd quarter. Advisory Services Network LLC now owns 1,957 shares of the company’s stock worth $181,000 after buying an additional 22 shares during the last quarter. Utah Retirement Systems increased its holdings in shares of VCA by 0.7% in the 2nd quarter. Utah Retirement Systems now owns 14,336 shares of the company’s stock worth $1,323,000 after buying an additional 100 shares during the last quarter. Thompson Siegel & Walmsley LLC increased its holdings in shares of VCA by 0.7% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 14,550 shares of the company’s stock worth $1,343,000 after buying an additional 100 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of VCA by 4.6% in the 2nd quarter. PNC Financial Services Group Inc. now owns 3,937 shares of the company’s stock worth $363,000 after buying an additional 173 shares during the last quarter. Finally, World Asset Management Inc increased its holdings in shares of VCA by 3.4% in the 2nd quarter. World Asset Management Inc now owns 5,871 shares of the company’s stock worth $542,000 after buying an additional 195 shares during the last quarter. Hedge funds and other institutional investors own 76.52% of the company’s stock.
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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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