Analyst Ratings for Patterson Cos. Inc. (PDCO)

Updated: 2017-07-28

Shares of Patterson Cos. Inc. (NASDAQ:PDCO) have received a consensus rating of Hold from Wall Street analysts. PDCO had previously received a consensus rating of Hold a month ago.

15 analysts issued ratings on the stock, where 4 gave PDCO a buy rating, 1 issued an overweight rating, 5 issued a hold rating, 1 gave an underweight rating, and 4 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has increased by 2.

PDCO was given price targets by several analysts. The most optimistic analyst gave a price target of 53, which equates to a potential upside of 25.09 percent. The most pessimistic price target was 38, which equates to a potential downside of -10.31 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.11 percent. The average change in earnings estimates over the last 90 days is -6.29 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.92 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 1 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.

The growth rate of PDCO's earnings is estimated by analysts to be 27.74 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of PDCO is 0.85.

PDCO has traded between a high of 49.69 and a low of 36.46 over the past year. Currently the stock is 16.21 percent higher than its low, and 14.73 percent below the high. PDCO has a P/E ratio of 23.67. Investors typically compare the P/E ratio to a company's peers in the industry. The PDCO value stock report compares PDCO to some of its peers using value stock charts. The stock has a market capitalization of $4.13 billion. PDCO is estimated to release their earnings results for the quarter on 0000-00-00, days from today.