Share on StockTwits

Patterson Companies (NASDAQ:PDCO) has earned an average rating of “Hold” from the nine ratings firms that are currently covering the company, American Banking & Market News reports. One analyst has rated the stock with a sell rating and six have issued a hold rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $40.00.

PDCO has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Patterson Companies in a research note on Wednesday, August 13th. 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.

Patterson Companies (NASDAQ:PDCO) opened at 39.10 on Thursday. Patterson Companies has a one year low of $36.59 and a one year high of $44.39. The stock’s 50-day moving average is $39.24 and its 200-day moving average is $40.26. The company has a market cap of $3.899 billion and a P/E ratio of 19.88.

Patterson Companies (NASDAQ:PDCO) last issued its quarterly earnings data on Thursday, May 22nd. The company reported $0.61 earnings per share (EPS) for the quarter, missing the 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 previous year, the company posted $0.62 earnings per share. The company’s revenue for the quarter was up 14.2% on a year-over-year basis. On average, analysts predict that Patterson Companies will post $2.26 earnings per share 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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.