Covetrus, Inc. (CVET)
| Market Cap | 2.41B |
| Revenue (ttm) | 4.62B |
| Net Income (ttm) | -40.00M |
| Shares Out | 139.41M |
| EPS (ttm) | -0.39 |
| PE Ratio | n/a |
| Forward PE | 15.55 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,233,262 |
| Open | 17.74 |
| Previous Close | 18.03 |
| Day's Range | 16.75 - 18.01 |
| 52-Week Range | 13.39 - 29.02 |
| Beta | 2.01 |
| Analysts | Buy |
| Price Target | 22.85 (+32.3%) |
| Earnings Date | May 5, 2022 |
About CVET
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, parasiticides, and vitamins and supplements to wholesale and retail customers. The company also offers value-added solutions, such a...
Financial Performance
In 2021, Covetrus's revenue was $4.58 billion, an increase of 5.44% compared to the previous year's $4.34 billion. Losses were -$54.00 million, 184.2% more than in 2020.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for CVET stock is "Buy." The 12-month stock price forecast is 22.85, which is an increase of 32.31% from the latest price.
News
Covetrus (CVET) Q1 Earnings Surpass Estimates
Covetrus (CVET) delivered earnings and revenue surprises of 8.70% and 0.32%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Covetrus Announces Financial Results for First Quarter of 2022
PORTLAND, Maine--(BUSINESS WIRE)---- $CVET #earnings--Covetrus Announces Financial Results for First Quarter of 2022
Covetrus Introduces Innovative Cloud-Based Practice Management Software for Veterinarians in the United Kingdom, EMEA...
EDINBURGH, Scotland--(BUSINESS WIRE)--Animal health and technology services company, Covetrus, introduces new cloud-based technology for veterinarians in the UK, EMEA and Asia Pacific.
Covetrus Announces First Quarter 2022 Earnings Release Date and Conference Call Information
PORTLAND, Maine--(BUSINESS WIRE)--Covetrus will release first quarter 2022 results after the market closes on Thursday, May 5, 2022
Covetrus Names Matthew Salois President of Veterinary Study Groups (VSG)
PORTLAND, Maine--(BUSINESS WIRE)---- $CVET--Covetrus names Matthew Salois, former Chief Economist at the AVMA, President of Veterinary Study Groups (VSG).
Covetrus (CVET) Q4 Earnings Surpass Estimates
Covetrus (CVET) delivered earnings and revenue surprises of 4% and 1.40%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Covetrus Announces Financial Results for Fourth Quarter and Full-Year of 2021
PORTLAND, Maine--(BUSINESS WIRE)---- $CVET #earnings--Covetrus reported financial results for the fourth quarter and full-year 2021, which ended December 31, 2021.
Covetrus Announces Fourth Quarter and Full-Year 2021 Earnings Release Date and Conference Call Information
PORTLAND, Maine--(BUSINESS WIRE)---- $CVET #earnings--Covetrus will release fourth quarter and full-year 2021 results after the market closes on Thursday, February 24, 2022.
Covetrus Taps César França as President, Global Proprietary Brands
PORTLAND, Maine--(BUSINESS WIRE)--Covetrus Appoints New President Global Proprietary Brands.
Covetrus Unveils Industry-First Veterinary Operating System
PORTLAND, Maine--(BUSINESS WIRE)---- $CVET--Animal health and technology services company, Covetrus, announces industry-first veterinary operating system Covetrus Pulse™.
Covetrus to Present at the 40th Annual J.P. Morgan Healthcare Conference
PORTLAND, Maine--(BUSINESS WIRE)-- #animalhealth--Animal-health technology and services company, Covetrus, to participate in the 40th Annual J.P. Morgan Healthcare Conference.
Covetrus Announces New Structure, Focus and Strength within Europe
PORTLAND, Maine--(BUSINESS WIRE)-- #CVET--Covetrus® (Nasdaq: CVET), a global leader in animal-health technology and services, today announced a new organizational structure within Northern and Central E...
Covetrus (CVET) Matches Q3 Earnings Estimates
Covetrus (CVET) delivered earnings and revenue surprises of 0.00% and -0.21%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Covetrus: Q3 Earnings Insights
Covetrus (NASDAQ:CVET) reported its Q3 earnings results on Thursday, November 4, 2021 at 04:00 PM. Here's what investors need to know about the announcement.
Covetrus Announces Financial Results for Third Quarter of 2021
PORTLAND, Maine--(BUSINESS WIRE)---- $CVET #earnings--Covetrus Announces Financial Results for Third Quarter of 2021
Covetrus (CVET) Reports Next Week: What to Know Ahead of the Release
Covetrus (CVET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Covetrus Announces Third Quarter 2021 Earnings Release Date and Conference Call Information
PORTLAND, Maine--(BUSINESS WIRE)---- $CVET #earnings--Covetrus will release Q3 2021 results after the market close on Thursday, November 4, 2021 and the company will hold a conference call at 4:30 PM ET.
Covetrus (CVET) Reports Q2 Loss, Tops Revenue Estimates
Covetrus (CVET) delivered earnings and revenue surprises of -213.04% and 7.10%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Covetrus Announces Financial Results for Second Quarter of 2021
PORTLAND, Maine--(BUSINESS WIRE)---- $CVET--Covetrus Announces Financial Results for Second Quarter of 2021
Covetrus Issues Inaugural Environmental, Social and Governance (ESG) Report
PORTLAND, Maine--(BUSINESS WIRE)---- $CVET--Covetrus Issues Inaugural Environmental, Social and Governance (ESG) Report
Covetrus Announces $120K in Scholarships to Support Diversity in Veterinary Sector
PORTLAND, Maine--(BUSINESS WIRE)---- $CVET--Covetrus Announces $120K in Scholarships to Support Diversity in Veterinary Sector
Covetrus Announces Second Quarter 2021 Earnings Release Date and Conference Call Information
PORTLAND, Maine--(BUSINESS WIRE)---- $CVET--Covetrus Announces Second Quarter 2021 Earnings Release Date and Conference Call Information
Covetrus Appoints New Chief Accounting Officer
PORTLAND, Maine--(BUSINESS WIRE)---- $CVET--Covetrus Appoints New Chief Accounting Officer
Covetrus to Acquire VCP, Market-Leading Veterinary Wellness Platform
PORTLAND, Maine & IRVINE, Calif.--(BUSINESS WIRE)---- $CVET--Covetrus has entered into a definitive agreement to acquire VCP, a market-leading platform in veterinary wellness plan administration.
Covetrus (CVET) Upgraded to Buy: Here's What You Should Know
Covetrus (CVET) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.