Patterson Companies (PDCO) Scheduled to Post Earnings on Thursday
Patterson Companies (NASDAQ:PDCO) will be posting its Q115 quarterly earnings results on Thursday, August 21st. Analysts expect Patterson Companies to post earnings of $0.50 per share and revenue of $1.04 billion for the quarter.
Patterson Companies (NASDAQ:PDCO) opened at 40.06 on Wednesday. Patterson Companies has a 52 week low of $36.59 and a 52 week high of $44.39. The stock has a 50-day moving average of $39.25 and a 200-day moving average of $40.26. The company has a market cap of $3.994 billion and a price-to-earnings ratio of 20.06.
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. On the ratings front, 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. One research analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $40.00.
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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