VCA Inc (NASDAQ:WOOF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

According to Zacks, “VCA Inc. is a national animal healthcare company operating primarily in the United States and Canada. It owns, operates and manages veterinary hospitals and veterinary-exclusive clinical laboratories in the country, supplies diagnostic imaging equipment and other medical technology products and related services to the veterinary industry, and provides various communication, professional education and marketing solutions to the veterinary community. VCA Inc., formerly known as VCA Antech, Inc., is headquartered in Los Angeles, California. “

Other equities research analysts have also recently issued reports about the stock. Benchmark Co. cut shares of VCA from a “buy” rating to a “hold” rating in a research note on Thursday, February 16th. William Blair cut shares of VCA from an “outperform” rating to a “market perform” rating in a research note on Monday, January 9th. Raymond James Financial, Inc. cut shares of VCA from a “strong-buy” rating to a “market perform” rating in a research note on Tuesday, January 10th. CL King lowered shares of VCA from a “buy” rating to a “neutral” rating in a report on Thursday, January 26th. Finally, Credit Suisse Group AG lowered shares of VCA from an “outperform” rating to a “neutral” rating and increased their price objective for the stock from $76.00 to $93.00 in a report on Wednesday, January 11th. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $84.67.

Analyst Recommendations for VCA (NASDAQ:WOOF)

Shares of VCA (NASDAQ:WOOF) traded up 0.10% on Friday, reaching $91.59. 279,156 shares of the company traded hands. VCA has a 1-year low of $59.51 and a 1-year high of $91.96. The stock has a market capitalization of $7.44 billion, a price-to-earnings ratio of 35.78 and a beta of 1.03. The company has a 50-day moving average of $91.43 and a 200-day moving average of $78.74.

VCA (NASDAQ:WOOF) last released its quarterly earnings results on Thursday, February 9th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by $0.02. VCA had a return on equity of 16.03% and a net margin of 8.31%. The firm had revenue of $643.10 million for the quarter, compared to analyst estimates of $642.28 million. During the same period in the prior year, the business earned $0.50 earnings per share. VCA’s revenue for the quarter was up 20.5% on a year-over-year basis. Analysts anticipate that VCA will post $3.27 earnings per share for the current fiscal year.

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Hedge funds and other institutional investors have recently bought and sold shares of the stock. BNP Paribas Arbitrage SA raised its position in VCA by 1.1% in the third quarter. BNP Paribas Arbitrage SA now owns 64,597 shares of the company’s stock valued at $4,520,000 after buying an additional 677 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in VCA by 2.0% in the third quarter. Oregon Public Employees Retirement Fund now owns 27,939 shares of the company’s stock valued at $1,955,000 after buying an additional 557 shares during the last quarter. Fisher Asset Management LLC acquired a new position in VCA during the third quarter valued at approximately $204,000. Creative Planning raised its position in VCA by 36.3% in the third quarter. Creative Planning now owns 3,480 shares of the company’s stock valued at $244,000 after buying an additional 926 shares during the last quarter. Finally, Atria Investments LLC acquired a new position in VCA during the third quarter valued at approximately $273,000. Hedge funds and other institutional investors own 86.95% of the company’s stock.

About VCA

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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