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Stock impact report

Covetrus Poised For Re-Rating Driven By Upbeat Outlook [Forbes]

Covetrus, Inc. (CVET) 
Last covetrus, inc. earnings: 3/3 04:05 pm Check Earnings Report
Company Research Source: Forbes
PORTLAND, ME - OCTOBER 11: The current location of Covetrus' offices at 7 Custom House St. on... [+]Friday, Oct. 11, 2019. Their new headquarters in Portland is currently under construction. (Staff Photo by Brianna Soukup/Portland Press Herald via Getty Images)Covetrus, Inc. (NASDAQNDAQPart of the improvement in valuation is expected to be driven by CVET’s efforts to expand its total addressable market (TAM) opportunity and resulting top-line organic growth. One area where we feel the company has bright prospects in near term is online sales / home delivery channels, which has benefitted immensely during COVID 19. While most opportunity still arises from in-clinic visits, online prescription / home delivery represents an attractive anti-cannibalistic growth as long as veterinarians are not disintermediated by other channels.Henry Schein Price PerformanceSpin-Off ResearchRecommended For YouSpin-Off DetailsData collected from a sample of veterinarians using CVET’s prescription managemen Show less Read more
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