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Shares of Patterson Companies (NASDAQ:PDCO) have earned an average rating of “Hold” from the nine analysts that are currently covering the stock, American Banking and Market News reports. One analyst has rated the stock with a sell rating and six have given a hold rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $40.00.

A number of research firms have recently commented on PDCO. Analysts at Zacks reiterated a “neutral” rating on shares of Patterson Companies in a research note on Wednesday. They now have a $41.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Patterson Companies in a research note on Friday, May 23rd. They now have a $41.00 price target on the stock, down previously from $44.00. Finally, analysts at Goldman Sachs cut their price target on shares of Patterson Companies from $35.00 to $34.00 in a research note on Friday, May 23rd.

Shares of Patterson Companies (NASDAQ:PDCO) traded down 0.13% during mid-day trading on Thursday, hitting $39.00. 67,782 shares of the company’s stock traded hands. Patterson Companies has a 1-year low of $36.59 and a 1-year high of $44.39. The stock’s 50-day moving average is $39.30 and its 200-day moving average is $40.28. The company has a market cap of $3.889 billion and a price-to-earnings ratio of 19.82.

Patterson Companies (NASDAQ:PDCO) last released its earnings data on Thursday, May 22nd. The company reported $0.61 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.66 by $0.05. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the prior year, the company posted $0.62 earnings per share. The company’s quarterly revenue was up 14.2% on a year-over-year basis. Analysts expect that Patterson Companies will post $2.27 EPS for the current fiscal year.

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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