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 maximum price target given was 53, implying a possible profit of 25.09 percent. The minimum price target given was 38, implying a possible loss of -10.31 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.11 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -6.29 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.92 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.

Analysts estimate earnings of PDCO to grow at a rate of 27.74 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. PDCO has a PEG ratio of 0.85.

In the last 52-weeks, PDCO has achieved a high of 49.69 and a low of 36.46. Today's price is 16.21 percent above the 52-week low, and below the high by 14.73 percent. PDCO has a price/earnings 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 market cap of PDCO is $4.13 billion. PDCO is estimated to release their earnings results for the quarter on 0000-00-00, days from today.