MWI Vet Reaffirmed At Neutral
We recently reiterated our Neutral recommendation on MWI Veterinary Supply (NASDAQ:MWIV) with a target price of $66.00. The company reported fourth quarter 2011 EPS of 80 cents, which was in line with the Zacks Consensus Estimate but 12.7% higher than the year-ago result. The company also reported fiscal 2011 EPS of $3.40, at par with [...]
We recently reiterated our Neutral recommendation on MWI Veterinary Supply (NASDAQ:MWIV) with a target price of $66.00.
The company reported fourth quarter 2011 EPS of 80 cents, which was in line with the Zacks Consensus Estimate but 12.7% higher than the year-ago result. The company also reported fiscal 2011 EPS of $3.40, at par with the Zacks Consensus Estimate but well ahead of the year-ago level of $2.70.
Revenues over the last 11 years have grown at a CAGR of 21%. MWI’s expanding sales force … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
