Currently, the 1st Resistance Point for this stock is $10.91, with a 2nd Resistance Point sitting at $11.17. Meanwhile, this company’s stock has a 1st Support Level at $10.50 and a 2nd Support Level at $10.35. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Covetrus, Inc. (CVET) was $10.65. Covetrus, Inc. (CVET) stock has lost -$0.60, or -5.33%, in the past five days. In the last full month, these shares have lost -$2.63, or -19.80%. In the past three months, this stock’s price has fallen by -$14.30, or -57.31%. This year-to-date, Covetrus, Inc. (CVET) shares have lost -$30.36, or -74.03%.
With 111,980 K shares outstanding, this company currently has a market capitalization of $1,218,343K. Covetrus, Inc. (CVET) generates $3,778 M in annual sales, amounting to annual net income of $100,860 K. This stock has generated a 1-Year Total Return of -74.03%, a 3-Year Total Return of 0.00%, and a 5-year Total Return of 0.00%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.
In the most recently-reported fiscal quarter, which ended in 06/19, Covetrus, Inc. (CVET) reported earnings of $0.12 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.16 per share, representing a -0.04 difference and -25.00% surprise. In the previous quarter ending in 03/19, the reported earnings of $0.14 represented a -0.03 difference from the consensus estimate calling for $0.17 per share, which was a -17.65% surprise.
For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is $0.09 per share. This estimate came from a total of 3 Wall Street Analysts. Of those market experts, the high estimate was $0.12 and the low estimate was $0.08.
Turning our focus now to insider trading activity, there have been 4 purchases (48,110 shares in total) and 1 sale (1,103 shares in total) in the last 3 months. In the last 6 months, there have been 7 insider buys amounting to 210,453 shares and 5 insider sales amounting to 234,131 shares. In the past full year, 58 insider purchases were made (involving 60,941,519 shares) and 15 insider sell-offs equivalent to 60,682,561 shares.
Moving onto liquidity, Covetrus, Inc. (CVET) has a Current Ratio of 1.90, a Quick Ratio of 0.91 and a Cash Ratio of 0.04. Looking at this company’s capital structure, its Total Debt to Total Equity is 1.62, its Total Debt to Total Capital is 1.59, and its Total Debt to Total Assets is now 1.08. Looking even further ahead into the future, its Long-Term Debt to Equity is 52.58 and its Long-Term Debt to Total Capital is 1.58.