Logo image of CVET

Covetrus Inc (CVET) Stock Price, Forecast & Analysis

USA - NASDAQ:CVET - US22304C1009 - Common Stock

20.99 USD
+0.06 (+0.29%)
Last: 10/12/2022, 8:10:14 PM
20.99 USD
0 (0%)
After Hours: 10/12/2022, 8:10:14 PM

CVET Key Statistics, Chart & Performance

Key Statistics
Market Cap2.94B
Revenue(TTM)4.65B
Net Income(TTM)-13.00M
Shares140.12M
Float105.39M
52 Week High21.2
52 Week Low13.39
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)0.99
PE21.2
Fwd PE16.2
Earnings (Next)11-03 2022-11-03/amc
IPO2019-02-04
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
GICS IndustryGroupHealth Care Equipment & Services
GICS SubIndustryHealth Care Distributors


CVET short term performance overview.The bars show the price performance of CVET in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 10 20 30

CVET long term performance overview.The bars show the price performance of CVET in the last 1, 2 and 3 years. 1 year 2 years 3 years 1 2 3 4 5

The current stock price of CVET is 20.99 USD. In the past month the price increased by 0.53%. In the past year, price increased by 5.58%.

Covetrus Inc / CVET Daily stock chart

CVET Latest News, Press Relases and Analysis

CVET Competitors/Peers

The largest stocks on the US markets in the "Health Care Distributors" sub-industry
Full List
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Company Name
TA
FA
PE
Market Cap
MCK MCKESSON CORP 23.77 107.23B
COR CENCORA INC 22.55 69.92B
CAH CARDINAL HEALTH INC 23.37 49.47B
HSIC HENRY SCHEIN INC 14.7 8.59B
AHCO ADAPTHEALTH CORP 28.19 1.22B
OMI OWENS & MINOR INC 2.19 217.82M
WGRX WELLGISTICS HEALTH INC N/A 51.30M

About CVET

Company Profile

CVET logo image Covetrus, Inc. is an animal-health technology and services company, which serves animal veterinary markets. The Company operates through three segments. North America segment offers supply chain services, software services and prescription management to its customers and animal-owners. Europe segment offers supply chain services and software services to its customers and animal-owners. Asia-Pacific & Emerging Markets segment offers supply chain services and software services to its customers and animal-owners. The Company's products and services include supply chain services, software services, and prescription management. It offers a comprehensive portfolio of products, services and value-added solutions for enhancing delivering animal care. It develops, provides and supports veterinary practices with a range of veterinary software systems. These technology solutions include practice management software, data-driven applications, client communications tools, and related services.

Company Info

Covetrus Inc

7 Custom House St

Portland MAINE 04101 US

CEO: Benjamin Wolin

Employees: 4035

CVET Company Website

Phone: 18882802221.0

Covetrus Inc / CVET FAQ

Can you describe the business of Covetrus Inc?

Covetrus, Inc. is an animal-health technology and services company, which serves animal veterinary markets. The Company operates through three segments. North America segment offers supply chain services, software services and prescription management to its customers and animal-owners. Europe segment offers supply chain services and software services to its customers and animal-owners. Asia-Pacific & Emerging Markets segment offers supply chain services and software services to its customers and animal-owners. The Company's products and services include supply chain services, software services, and prescription management. It offers a comprehensive portfolio of products, services and value-added solutions for enhancing delivering animal care. It develops, provides and supports veterinary practices with a range of veterinary software systems. These technology solutions include practice management software, data-driven applications, client communications tools, and related services.


What is the stock price of Covetrus Inc today?

The current stock price of CVET is 20.99 USD. The price increased by 0.29% in the last trading session.


Does CVET stock pay dividends?

CVET does not pay a dividend.


What is the ChartMill rating of Covetrus Inc stock?

CVET has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 4 out of 10.


Which stock exchange lists CVET stock?

CVET stock is listed on the Nasdaq exchange.


Can you provide the PE ratio for CVET stock?

The PE ratio for Covetrus Inc (CVET) is 21.2. This is based on the reported non-GAAP earnings per share of 0.99 and the current share price of 20.99 USD.


Can you provide the growth outlook for Covetrus Inc?

The Revenue of Covetrus Inc (CVET) is expected to grow by 4.28% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.


CVET Technical Analysis

ChartMill assigns a technical rating of 7 / 10 to CVET. When comparing the yearly performance of all stocks, CVET is one of the better performing stocks in the market, outperforming 88.09% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

CVET Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to CVET. CVET scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

CVET Financial Highlights

Over the last trailing twelve months CVET reported a non-GAAP Earnings per Share(EPS) of 0.99. The EPS increased by 4.89% compared to the year before.


Industry RankSector Rank
PM (TTM) -0.28%
ROA -0.38%
ROE N/A
Debt/Equity 0.65
Chartmill High Growth Momentum
EPS Q2Q%-3.85%
Sales Q2Q%2.35%
EPS 1Y (TTM)4.89%
Revenue 1Y (TTM)2.42%

CVET Forecast & Estimates

11 analysts have analysed CVET and the average price target is 21.76 USD. This implies a price increase of 3.67% is expected in the next year compared to the current price of 20.99.

For the next year, analysts expect an EPS growth of 16.83% and a revenue growth 4.28% for CVET


Analysts
Analysts50.91
Price Target21.76 (3.67%)
EPS Next Y16.83%
Revenue Next Year4.28%

CVET Ownership

Ownership
Inst Owners0%
Ins Owners2.47%
Short Float %N/A
Short RatioN/A