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Covetrus, Inc. CVET NASDAQ

NASDAQ Global Select • Healthcare • Medical - Distribution • US • USD

SharesGrow Score
29/100
0/6 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow

Covetrus, Inc. (CVET) is a publicly traded company in the Healthcare sector, operating within the Medical - Distribution industry. The company is headquartered in Portland, ME, United States. The current CEO is Benjamin Wolin.

CVET has IPO date of 2019-02-04, 4,035 full-time employees, listed on the NASDAQ Global Select.

About Covetrus, Inc.

Covetrus, Inc., together with its subsidiaries, operates as an animal-health technology and services company. It engages in the sale of animal-health consumable products, including proprietary and Covetrus branded products, small equipment, laboratory products, large equipment, equipment repair services, branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products, parasiticides, and vitamins and supplements to wholesale and retail customers. The company also offers value-added solutions, such as inventory management and e-commerce, as well as continuing education services for practitioners. In addition, it provides practice management software, data-driven applications, client communications tools, and related services to increase staff efficiency and enhance business health; and solutions that integrate with its software platforms, including client communication services, reminders, data backup services, hardware sales and support, and credit card processing services for veterinary practitioners and animal-health clinics. Further, the company engages in the distribution of finished goods pharmacy and specialty pharmaceutical compounding products, as well as offers shipping, manufacturer incentives, service fees, and data integration and support services. It serves animal-health and veterinary practices, and clinics in the companion-animal, equine, and large-animal markets primarily in North America, Europe, and the Asia Pacific. The company was formerly known as HS Spinco, Inc. Covetrus, Inc. was incorporated in 2018 and is headquartered in Portland, Maine. As of October 13, 2022, Covetrus, Inc. was taken private.

📍 7 Custom House St, Portland, ME 04101 📞 18882802221
Company Details
SectorHealthcare
IndustryMedical - Distribution
CountryUnited States
ExchangeNASDAQ Global Select
CurrencyUSD
IPO Date2019-02-04
CEOBenjamin Wolin
Employees4,035
Trading Info
Current Price$20.99
52-Week Range13.39-21.2
Beta1.51
ETFNo
ADRNo
CUSIP22304C100
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