VCA Inc. (WOOF) Sets New 52-Week High at $68.40
VCA Inc. (NASDAQ:WOOF) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $68.40 and last traded at $68.33, with a volume of 250,091 shares. The stock had previously closed at $66.42.
Several research analysts have recently issued reports on WOOF shares. Jefferies Group started coverage on VCA in a research note on Wednesday, June 8th. They issued a “hold” rating for the company. CL King started coverage on VCA in a research note on Friday, April 1st. They issued a “buy” rating for the company. Finally, Stifel Nicolaus raised their price objective on VCA from $68.00 to $75.00 and gave the stock a “buy” rating in a research note on Thursday, April 28th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. VCA presently has an average rating of “Buy” and an average target price of $64.50.
The company has a 50 day moving average of $65.65 and a 200-day moving average of $57.90. The company has a market cap of $5.53 billion and a PE ratio of 25.59.
VCA (NASDAQ:WOOF) last released its quarterly earnings data on Wednesday, April 27th. The company reported $0.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.61 by $0.05. The business had revenue of $563.40 million for the quarter, compared to analyst estimates of $556.03 million. The company’s revenue was up 12.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.50 earnings per share. On average, equities research analysts predict that VCA Inc. will post $2.87 EPS for the current year.
In other news, COO Arthur J. Antin sold 200,000 shares of the business’s stock in a transaction dated Wednesday, May 18th. The stock was sold at an average price of $64.04, for a total value of $12,808,000.00. Following the completion of the sale, the chief operating officer now directly owns 70,870 shares of the company’s stock, valued at approximately $4,538,514.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Neil Tauber sold 50,000 shares of the business’s stock in a transaction dated Tuesday, May 24th. The shares were sold at an average price of $64.24, for a total value of $3,212,000.00. Following the completion of the sale, the vice president now directly owns 174,161 shares of the company’s stock, valued at $11,188,102.64. The disclosure for this sale can be found here.
Other hedge funds recently bought and sold shares of the company. American Capital Management Inc. increased its stake in VCA by 3.5% in the fourth quarter. American Capital Management Inc. now owns 20,800 shares of the company’s stock valued at $1,144,000 after buying an additional 700 shares in the last quarter. Stevens Capital Management LP bought a new stake in VCA during the fourth quarter valued at approximately $1,387,000. CG Asset Management LLC increased its stake in VCA by 2.6% in the fourth quarter. CG Asset Management LLC now owns 25,340 shares of the company’s stock valued at $1,394,000 after buying an additional 650 shares in the last quarter. BNP Paribas Arbitrage SA increased its stake in VCA by 100.6% in the fourth quarter. BNP Paribas Arbitrage SA now owns 26,838 shares of the company’s stock valued at $1,476,000 after buying an additional 13,462 shares in the last quarter. Finally, Financial Counselors Inc. increased its stake in VCA by 148.5% in the fourth quarter. Financial Counselors Inc. now owns 27,250 shares of the company’s stock valued at $1,499,000 after buying an additional 16,285 shares in the last quarter.
VCA Inc is a national animal healthcare company operating in the United States and Canada. The Company operates in two segments: animal hospital and laboratory. The Company provides veterinary services and diagnostic testing to support veterinary care and also sells diagnostic imaging equipment and other medical technology products and related services to the veterinary market.
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