VCA Inc. (NASDAQ:WOOF)‘s stock had its “buy” rating reaffirmed by stock analysts at Bank of America Corp. in a research report issued on Thursday.
Other equities research analysts have also issued reports about the stock. Zacks Investment Research lowered shares of VCA from a “buy” rating to a “hold” rating in a research note on Wednesday, July 13th. Jefferies Group assumed coverage on shares of VCA in a research note on Wednesday, June 8th. They issued a “hold” rating on the stock. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $71.00.
VCA (NASDAQ:WOOF) opened at 69.98 on Thursday. The stock has a 50 day moving average of $70.40 and a 200-day moving average of $65.77. The company has a market cap of $5.66 billion, a P/E ratio of 24.97 and a beta of 1.30. VCA has a 12 month low of $44.00 and a 12 month high of $73.69.
VCA (NASDAQ:WOOF) last posted its quarterly earnings data on Wednesday, July 27th. The company reported $0.87 EPS for the quarter, beating the Zacks’ consensus estimate of $0.82 by $0.05. VCA had a net margin of 9.93% and a return on equity of 16.86%. The company had revenue of $653.50 million for the quarter, compared to analyst estimates of $637.18 million. During the same period in the prior year, the firm posted $0.70 EPS. The company’s quarterly revenue was up 19.1% on a year-over-year basis. Equities research analysts expect that VCA will post $2.93 EPS for the current year.
In other VCA news, COO Arthur J. Antin sold 34,000 shares of the company’s stock in a transaction on 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 transaction, the chief operating officer now owns 89,691 shares in the company, valued at $6,191,369.73. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John B. Chickering, Jr. sold 2,302 shares of the company’s stock in a transaction on Thursday, August 4th. The stock was sold at an average price of $70.85, for a total transaction of $163,096.70. Following the transaction, the director now owns 10,992 shares in the company, valued at approximately $778,783.20. The disclosure for this sale can be found here. Corporate insiders own 4.60% of the company’s stock.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WOOF. Mason Street Advisors LLC acquired a new position in VCA during the second quarter valued at $2,492,000. Royal Bank of Canada increased its position in VCA by 148.6% in the second quarter. Royal Bank of Canada now owns 42,110 shares of the company’s stock valued at $2,847,000 after buying an additional 25,169 shares during the last quarter. Sterling Capital Management LLC increased its position in VCA by 29.3% in the second quarter. Sterling Capital Management LLC now owns 4,676 shares of the company’s stock valued at $317,000 after buying an additional 1,061 shares during the last quarter. Braun Stacey Associates Inc. increased its position in VCA by 28.5% in the second quarter. Braun Stacey Associates Inc. now owns 257,715 shares of the company’s stock valued at $17,424,000 after buying an additional 57,120 shares during the last quarter. Finally, Calvert Investment Management Inc. increased its position in VCA by 7.7% in the second quarter. Calvert Investment Management Inc. now owns 4,633 shares of the company’s stock valued at $313,000 after buying an additional 333 shares during the last quarter. Hedge funds and other institutional investors own 91.17% of the company’s stock.
VCA Company Profile
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.
Receive News & Ratings for VCA Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VCA Inc. and related companies with MarketBeat.com's FREE daily email newsletter.