VCA Inc. (WOOF) Cut to “Hold” at BidaskClub
BidaskClub cut shares of VCA Inc. (NASDAQ:WOOF) from a buy rating to a hold rating in a research note issued to investors on Wednesday.
A number of other analysts have also recently weighed in 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 shares of VCA from a sell rating to a hold rating in a research note on Saturday, March 25th. Nine equities research analysts have rated the stock with 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 $87.67.
VCA (WOOF) opened at 92.46 on Wednesday. VCA has a 52 week low of $59.51 and a 52 week high of $92.87. The firm has a 50-day moving average price of $92.20 and a 200-day moving average price of $88.41. The firm has a market capitalization of $7.51 billion, a P/E ratio of 35.43 and a beta of 1.01.
VCA (NASDAQ:WOOF) last posted its earnings results on Thursday, April 27th. The company reported $0.73 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.76 by $0.03. The business 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%. Equities analysts forecast that VCA will post $3.10 EPS for the current year.
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A number of hedge funds have recently modified their holdings of WOOF. BlackRock Inc. boosted its stake in shares of VCA by 2,848.0% in the first quarter. BlackRock Inc. now owns 6,340,883 shares of the company’s stock valued at $580,192,000 after buying an additional 6,125,792 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of VCA by 5.6% in the first quarter. Vanguard Group Inc. now owns 6,229,684 shares of the company’s stock valued at $570,016,000 after buying an additional 329,884 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of VCA by 267.3% in the first quarter. Bank of America Corp DE now owns 2,624,862 shares of the company’s stock valued at $240,175,000 after buying an additional 1,910,155 shares in the last quarter. Pentwater Capital Management LP purchased a new stake in shares of VCA during the first quarter valued at $214,110,000. Finally, Morgan Stanley boosted its stake in shares of VCA by 535.1% in the first quarter. Morgan Stanley now owns 1,546,462 shares of the company’s stock valued at $141,500,000 after buying an additional 1,302,982 shares in the last quarter. 74.27% of the stock is currently owned by hedge funds and other institutional investors.
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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