Heska Corp. (HSKA) Trading Up 1%
Shares of Heska Corp. (NASDAQ:HSKA) were up 1% on Wednesday . The stock traded as high as $51.37 and last traded at $51.03, with a volume of 66,707 shares. The stock had previously closed at $50.54.
Several analysts have recently weighed in on HSKA shares. B. Riley restated a “buy” rating and set a $52.50 price objective on shares of Heska Corp. in a research report on Saturday, August 6th. Sidoti started coverage on shares of Heska Corp. in a report on Friday, July 1st. They issued a “buy” rating and a $49.00 target price on the stock. TheStreet raised shares of Heska Corp. from a “hold” rating to a “buy” rating in a report on Wednesday, May 25th. Zacks Investment Research raised shares of Heska Corp. from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a report on Wednesday, July 13th. Finally, Gabelli cut shares of Heska Corp. from a “buy” rating to a “hold” rating in a report on Thursday, August 4th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Heska Corp. presently has a consensus rating of “Buy” and a consensus target price of $52.83.
The stock has a market cap of $357.50 million and a P/E ratio of 52.68. The stock’s 50-day moving average is $44.16 and its 200 day moving average is $35.75.
Heska Corp. (NASDAQ:HSKA) last issued its quarterly earnings results on Wednesday, August 3rd. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.18 by $0.17. The company had revenue of $30 million for the quarter, compared to analyst estimates of $28.47 million. Heska Corp.’s revenue was up 25.5% compared to the same quarter last year. Equities analysts anticipate that Heska Corp. will post $1.11 earnings per share for the current fiscal year.
In other news, CEO Kevin S. Wilson sold 14,040 shares of the firm’s stock in a transaction that occurred on Friday, July 1st. The stock was sold at an average price of $38.94, for a total value of $546,717.60. Following the completion of the sale, the chief executive officer now directly owns 165,960 shares of the company’s stock, valued at $6,462,482.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Kevin S. Wilson sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 2nd. The shares were sold at an average price of $36.74, for a total value of $734,800.00. Following the completion of the sale, the chief executive officer now directly owns 190,000 shares of the company’s stock, valued at $6,980,600. The disclosure for this sale can be found here.
An institutional investor recently bought a new position in Heska Corp. stock. Ancora Advisors LLC acquired a new position in shares of Heska Corp. (NASDAQ:HSKA) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 101,100 shares of the company’s stock, valued at approximately $1,833,000. Ancora Advisors LLC owned 1.53% of Heska Corp. as of its most recent SEC filing.
Heska Corporation develops, manufactures, markets, sells and supports veterinary products. The Company focuses on the canine and feline companion animal health markets. Its segments include Core Companion Animal Health segment, which includes, primarily for canine and feline use, blood testing instruments and supplies, digital imaging products, software and services, and single use products and services, such as heartworm diagnostic tests, heartworm preventive products, allergy immunotherapy products and allergy testing, and Other Vaccines, Pharmaceuticals and Products segment, which includes private label vaccine and pharmaceutical production, primarily for cattle but also for other animals, including small mammals.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.