Pet Health News Potential Opportunities In Pet Healthcare Stocks
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Rising pet health costs drive growth and innovation in insurance market
Insurance premiums are increasingly influenced by state-level veterinary costs and breed-specific risk factors. States like Idaho saw average claim costs rise by 20%, while Texas experienced a 24% ... Read More
Pet Healthcare Spending Is Soaring. These Stocks Are Positioned to Clean Up
Pet healthcare costs doubled over the past five years and reached $39.8B in 2024. Zoetis (ZTS) grew revenue 8% to $9.26B in 2024 with its pet segment up 13% to $6.28B. IDEXX (IDXX) shares gained 62% ... Read More
Top Animal Health Stocks: Elanco Leads with Innovation, Zoetis Faces Headwinds
Margin expansion is anticipated from both an increasing companion animal revenue mix and the company’s Ascend cost savings program. Notably, Elanco has already reduced its leverage ratio from ... Read More
Pet DNA Testing Market to Reach $960.7 Million, Globally, by 2034 at 9.3% CAGR: Allied Market Research
Allied Market Research published a report, titled, "Pet DNA Testing Market by Animal Type (Dogs, Cats, and Others), Sample Type (Saliva, Blood, and Others), Test Type (Breed Profiles, Genetic Diseases ... Read More
Idexx Stock Pops on Earnings. Pet Health Is Booming.
Idexx Laboratories was the top performer in the S&P 500 on Monday after the veterinary medicine company reported better-than-expected earnings and boosted its full-year outlook. The Westbrook, ... Read More
CHWY vs. CENT: Which Pet Care Stock Deserves a Spot in Your Portfolio?
Chewy, Inc. CHWY and Central Garden & Pet Company CENT are two prominent names in the pet care industry, each with a distinct operating model and growth strategy. Chewy operates as a digital-first, ... Read More
Pet Healthcare Spending Is Soaring. These 5 Stocks Are Positioned to Clean Up
The steep increase in pet healthcare costs have doubled over the past five years, according to NPR. There are a number of reasons for this trend, but the overall numbers are large, reaching $39.8 ... Read More
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