MWI Vet Reiterated At Neutral
We recently reiterated our Neutral recommendation on MWI Veterinary Supply (NASDAQ:MWIV) with a target price of $96.00. MWI’s second quarter 2012 EPS came in at $1.04, surpassing the Zacks Consensus Estimate of 96 cents and increased 25.3% year over year. The company also reported a robust 38.2% increase in revenues to $507.2 million, which comfortably surpassed [...]
We recently reiterated our Neutral recommendation on MWI Veterinary Supply (NASDAQ:MWIV) with a target price of $96.00.
MWI’s second quarter 2012 EPS came in at $1.04, surpassing the Zacks Consensus Estimate of 96 cents and increased 25.3% year over year. The company also reported a robust 38.2% increase in revenues to $507.2 million, which comfortably surpassed the Zacks Consensus Estimate of $465 million.
Revenues over the last 11 years have grown at a CAGR of 21%. The company’s expanding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
