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Covetrus, Inc. (CVET)

Stock Price: $17.88 USD 0.66 (3.83%)
Updated Jul 2, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 2.00B
Revenue (ttm) 4.10B
Net Income (ttm) -1.04B
Shares Out 111.95M
EPS (ttm) -9.34
PE Ratio n/a
Forward PE 51.28
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Jul 2, 2020
Last Price $17.88
Previous Close $17.22
Change ($) 0.66
Change (%) 3.83%
Day's Open 17.69
Day's Range 17.11 - 17.98
Day's Volume 1,314,103
52-Week Range 4.05 - 25.89

More Stats

Market Cap 2.00B
Enterprise Value 3.16B
Earnings Date (est) Aug 18, 2020
Ex-Dividend Date n/a
Shares Outstanding 111.95M
Float 89.35M
EPS (basic) -9.22
EPS (diluted) -9.34
FCF / Share 0.15
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield 0.85%
Payout Ratio n/a
Shares Short 10.69M
Short Ratio 6.31
Short % of Float 14.39%
Beta n/a
PE Ratio n/a
Forward PE 51.28
P/FCF Ratio 117.74
PS Ratio 0.49
PB Ratio 1.73
Revenue 4.10B
Operating Income -1.01B
Net Income -1.04B
Free Cash Flow 17.00M
Net Cash -1.15B
Net Cash / Share -10.31
Gross Margin 18.27%
Operating Margin -24.59%
Profit Margin -25.30%
FCF Margin 0.41%
ROA -1.03%
ROE -59.11%
ROIC -52.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (0)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: n/a

Price Target

$12.38*
(-30.76% downside)
Low
11.0
Current: 17.88
High
14.0
Target: 12.38
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018201720162015
Revenue3,9763,7783,5803,3532,978
Revenue Growth5.24%5.53%6.76%12.59%-
Gross Profit749684652620530
Operating Income-997137135124104
Net Income-1,01910164.0070.3060.32
Shares Outstanding10771.0071.0071.45-
Earnings Per Share-9.501.400.890.98-
EPS Growth-57.3%-9.18%--
Operating Cash Flow10315810810596.12
Capital Expenditures-39.00-21.00-20.00-12.14-9.00
Free Cash Flow64.0013788.0092.6687.12
Cash & Equivalents13023.0016.6619.710.00
Total Debt1,18725.0026.7326.93-
Net Cash / Debt-1,057-2.00-10.08-7.220.00
Assets3,3612,2332,2171,945-
Liabilities2,095647593544-
Book Value1,2561,4941,2571,079-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Covetrus, Inc.
Country United States
Employees 5,100
CEO Benjamin C. Wolin

Stock Information

Ticker Symbol CVET
Stock Exchange NASDAQ
Sector Healthcare
Industry Health Information Services
Unique Identifier NASDAQ: CVET

Description

Covetrus, Inc., together with its subsidiaries, operates as an animal-health technology and services company. It engages in the sale of animal-health consumable products, including proprietary and Covetrus branded products, small equipment, laboratory products, large equipment, equipment repair services, branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products, and vitamins and supplements to wholesale and retail customers. The company also offers value-added practice solutions that include financial services, equipment repair, inventory management, and e-commerce, as well as continuing education services for practitioners. In addition, it provides practice management software systems for veterinary practitioners and animal-health clinics, client communication services, reminders, data backup services, and hardware sales and support services. Further, the company engages in the distribution of finished goods pharmacy and specialty pharmaceutical compounding products, as well as e-commerce, shipping, manufacturer incentives, service fees, and data integration and support services. It serves animal-health and veterinary practices, and clinics in the companion-animal and equine markets primarily in North America, Europe, and the Asia Pacific. The company, formerly known as HS Spinco, Inc., was incorporated in 2018 and is headquartered in Portland, Maine.