Patterson Cos. (PDCO) to Release Earnings on Thursday
Patterson Cos. (NASDAQ:PDCO) is scheduled to be releasing its Q414 earnings data on Thursday, May 22nd. Analysts expect Patterson Cos. to post earnings of $0.66 per share and revenue of $1.13 billion for the quarter. Patterson Cos. has set its FY14 guidance at $2.13-2.20 EPS.
Patterson Cos. (NASDAQ:PDCO) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.57 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.57. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.07 billion. On average, analysts expect Patterson Cos. to post $2.16 EPS for the current fiscal year and $2.38 EPS for the next fiscal year.
Patterson Cos. (NASDAQ:PDCO) opened at 40.66 on Wednesday. Patterson Cos. has a one year low of $36.59 and a one year high of $44.39. The stock has a 50-day moving average of $41.2 and a 200-day moving average of $41.22. The company has a market cap of $4.111 billion and a price-to-earnings ratio of 20.18.
Several analysts have recently commented on the stock. Analysts at Northcoast Research downgraded shares of Patterson Cos. from a “buy” rating to a “neutral” rating in a research note on Tuesday. Analysts at Zacks reiterated a “neutral” rating on shares of Patterson Cos. in a research note on Friday, February 21st. They now have a $43.00 price target on the stock. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $41.50.
Patterson Companies, Inc (NASDAQ:PDCO) is a distributor serving three markets: the United States companion animal (dogs, cats and other common household pets) and equine veterinary supply, and the worldwide rehabilitation and assistive products supply market.
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