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Covetrus NasdaqGM:CVET Stock Report

Last Price

US$20.99

Market Cap

US$2.9b

7D

0.5%

1Y

5.6%

Updated

16 Oct, 2022

Data

Company Financials +

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

CVET Stock Overview

Covetrus, Inc., together with its subsidiaries, operates as an animal-health technology and services company.

CVET fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Covetrus, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Covetrus
Historical stock prices
Current Share PriceUS$20.99
52 Week HighUS$21.20
52 Week LowUS$13.39
Beta1.51
1 Month Change0.53%
3 Month Change0.91%
1 Year Change5.58%
3 Year Change107.00%
5 Year Changen/a
Change since IPO-50.02%

Recent News & Updates

Recent updates

Covetrus GAAP EPS of -$0.03 misses by $0.06, revenue of $1.22B in-line

Aug 04

Clayton, Dubilier & Rice/TPG Are Not Offering Fair Value To Covetrus Shareholders

Jun 02

Covetrus, Inc.'s (NASDAQ:CVET) Intrinsic Value Is Potentially 98% Above Its Share Price

May 02
Covetrus, Inc.'s (NASDAQ:CVET) Intrinsic Value Is Potentially 98% Above Its Share Price

Are Investors Undervaluing Covetrus, Inc. (NASDAQ:CVET) By 40%?

Jan 07
Are Investors Undervaluing Covetrus, Inc. (NASDAQ:CVET) By 40%?

We Think Covetrus (NASDAQ:CVET) Has A Fair Chunk Of Debt

Oct 21
We Think Covetrus (NASDAQ:CVET) Has A Fair Chunk Of Debt

An Intrinsic Calculation For Covetrus, Inc. (NASDAQ:CVET) Suggests It's 37% Undervalued

Sep 16
An Intrinsic Calculation For Covetrus, Inc. (NASDAQ:CVET) Suggests It's 37% Undervalued

Estimating The Intrinsic Value Of Covetrus, Inc. (NASDAQ:CVET)

May 31
Estimating The Intrinsic Value Of Covetrus, Inc. (NASDAQ:CVET)

Covetrus, Inc. 2021 Q1 - Results - Earnings Call Presentation

May 07

Is Covetrus (NASDAQ:CVET) Using Too Much Debt?

May 05
Is Covetrus (NASDAQ:CVET) Using Too Much Debt?

Covetrus, Inc.: Well Positioned To Enjoy Market Crosscurrents

Apr 30

Who Has Been Selling Covetrus, Inc. (NASDAQ:CVET) Shares?

Feb 26
Who Has Been Selling Covetrus, Inc. (NASDAQ:CVET) Shares?

We Think Covetrus (NASDAQ:CVET) Has A Fair Chunk Of Debt

Jan 22
We Think Covetrus (NASDAQ:CVET) Has A Fair Chunk Of Debt

Covetrus reports Q4 net sales of prescription management business

Jan 13

Covetrus (NASDAQ:CVET) Shareholders Have Enjoyed An Impressive 106% Share Price Gain

Dec 18
Covetrus (NASDAQ:CVET) Shareholders Have Enjoyed An Impressive 106% Share Price Gain

Covetrus, Inc. 2020 Q3 - Results - Earnings Call Presentation

Nov 12

Covetrus Q3 2020 Earnings Preview

Nov 09

Shareholder Returns

CVETUS HealthcareUS Market
7D0.5%2.5%2.7%
1Y5.6%3.5%26.0%

Return vs Industry: CVET matched the US Healthcare industry which returned 4.9% over the past year.

Return vs Market: CVET exceeded the US Market which returned -25.8% over the past year.

Price Volatility

Is CVET's price volatile compared to industry and market?
CVET volatility
CVET Average Weekly Movement0.3%
Healthcare Industry Average Movement7.6%
Market Average Movement6.1%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: CVET has not had significant price volatility in the past 3 months.

Volatility Over Time: CVET's weekly volatility has decreased from 6% to 0% over the past year.

About the Company

FoundedEmployeesCEOWebsite
20184,873Ben Wolinwww.covetrus.com

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 as inventory management and e-commerce, as well as continuing education services for practitioners.

Covetrus, Inc. Fundamentals Summary

How do Covetrus's earnings and revenue compare to its market cap?
CVET fundamental statistics
Market capUS$2.94b
Earnings (TTM)-US$13.00m
Revenue (TTM)US$4.65b

0.6x

P/S Ratio

-226.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CVET income statement (TTM)
RevenueUS$4.65b
Cost of RevenueUS$3.77b
Gross ProfitUS$882.00m
Other ExpensesUS$895.00m
Earnings-US$13.00m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.093
Gross Margin18.97%
Net Profit Margin-0.28%
Debt/Equity Ratio68.7%

How did CVET perform over the long term?

See historical performance and comparison
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