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The CEO of Heska Co. (NASDAQ:HSKA) purchases 11,018 shares of stock.

The CEO of Heska Co. (NASDAQ:HSKA) purchases 11,018 shares of stock.

Kevin S. Wilson, the Chief Executive Officer of Heska Co. (NASDAQ: HSKA), purchased 11,018 shares on Friday, January 6. The total cost of purchasing the stock was $645,875.16, which works out to an average price of $58.62 per share when broken down into individual prices. As a direct result of the transaction, the Chief Executive Officer now owns a total of 167,072 shares of the company, which have an estimated value of $9,793,760.64. Information filed with the Securities and Exchange Commission (SEC) regarding the acquisition is currently available on the SEC website.
Tuesday, November 8, marked the day when Heska (NASDAQ: HSKA) announced the release of its quarterly financial results. The medical research business reported earnings per share for the quarter of $0.24, which was $0.15 higher than the estimate that analysts across the industry compiled. In addition, Heska’s return on equity was positive by 0.09%, even though the company’s net margin was negative by the same amount. The company’s most recent quarter’s revenue came in at $61.49 million, which is a significant decrease compared to the consensus projection of $69.72 million in revenue for the quarter. It is anticipated that Heska Company will generate earnings of $0.27 per share in this fiscal year.
There have been numerous analysts of equity markets who have provided their perspectives on HSKA shares. StockNews.com published the first report on the company’s common shares on Wednesday, October 12. They gave the stock a recommendation to “hold.” JPMorgan Chase & Co. lowered their price target on Heska shares from $175.00 to $150.00 in a research report released on October 17. The “overweight” recommendation that the investment bank had previously placed on the stock was not altered; however report on the company’s common shares was published by StockNews.com on Wednesday, October 12. They gave the stock a recommendation to “hold.” JPMorgan Chase & Co. lowered their price target on Heska shares from $175.00 to $150.00 in a research report released on October 17. However, the “overweight” recommendation that the investment bank had previously placed on the stock was not altered. Alliance Global Partners lowered their target price on Heska shares from $155.00 to $119.00 in a report published on Wednesday, November 9. Despite this change, they continued to recommend “buying” the stock. According to a study released the previous week on a Friday, Morgan Stanley changed their recommendation for Heska shares from “equal weight” to “underweight” and set their price objective at $58.00. In the end, Piper Sandler lowered their target price on Heska shares in a report published on Monday, November 14, from $170.00 to $165.00. Despite this change, they maintained an “overweight” stock rating throughout this process. Four of the equity research analysts have given buy ratings to the company’s shares, one of the experts has recommended that investors hold on to their shares, and the final analyst has given the shares a sell rating. The vast majority of market analysts currently have this stock pegged with a “Hold” rating, and the average price target that has been established for it is $123. This data was retrieved from the Bloomberg website.
The price of a share of HSKA stock increased by $5.14 during the trading session at noon on Monday, reaching $67.31 at that price. The volume of shares traded by the company reached 162,417, which is significantly higher than its daily average of 117,463 shares traded. The simple moving average of the company’s stock price over the past 50 days is $64.94, and the simple moving average over the past 200 days is $78.10. Heska Company experienced a one-year low of $57.83 and a one-year high of $57.83 during the same period, with a difference of $164.57 between the two prices. A debt-to-equity ratio comes in at 0.24; a quick ratio comes in at 5.61; a current ratio comes in at 7.18; and a quick ratio comes in at 5.61. A price-to-earnings ratio of -44.31 and a beta value of 1.40 are both associated with the business. At the moment, the total value of the company, as measured by its market capitalization, is $728.70 million.
A few hedge funds have made recent adjustments to the percentage of their holdings invested in the company, either increasing the percentage or decreasing it. Lazard Asset Management LLC increased its holdings in Heska by purchasing 39,000 additional company shares during the year’s second quarter. Point72 Hong Kong L

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