Patterson Companies, Inc. (NASDAQ:PDCO - Free Report) - Research analysts at Zacks Research reduced their FY2025 EPS estimates for Patterson Companies in a report issued on Wednesday, March 19th. Zacks Research analyst I. Bandyopadhyay now anticipates that the company will earn $2.25 per share for the year, down from their prior estimate of $2.26. The consensus estimate for Patterson Companies' current full-year earnings is $2.25 per share. Zacks Research also issued estimates for Patterson Companies' Q1 2026 earnings at $0.32 EPS, Q4 2026 earnings at $0.91 EPS, FY2026 earnings at $2.33 EPS, Q1 2027 earnings at $0.28 EPS and Q2 2027 earnings at $0.46 EPS.
Other analysts have also recently issued research reports about the stock. Leerink Partners reaffirmed a "market perform" rating and set a $31.35 target price (up previously from $29.00) on shares of Patterson Companies in a research note on Wednesday, December 11th. Piper Sandler cut their price objective on Patterson Companies from $26.00 to $24.00 and set a "neutral" rating on the stock in a report on Friday, December 6th. Leerink Partnrs cut Patterson Companies from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 11th. Stifel Nicolaus cut their price target on Patterson Companies from $25.00 to $24.00 and set a "hold" rating on the stock in a research note on Thursday, December 5th. Finally, Robert W. Baird boosted their price target on Patterson Companies from $25.00 to $31.00 and gave the stock a "neutral" rating in a report on Thursday, December 12th. Eleven research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $26.57.
Check Out Our Latest Research Report on PDCO
Patterson Companies Price Performance
PDCO stock traded up $0.04 during trading on Friday, reaching $31.24. 662,540 shares of the company were exchanged, compared to its average volume of 1,020,775. The company has a market capitalization of $2.76 billion, a price-to-earnings ratio of 18.27, a P/E/G ratio of 2.71 and a beta of 0.99. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.37 and a quick ratio of 0.76. The company has a 50-day moving average of $31.05 and a two-hundred day moving average of $26.37. Patterson Companies has a twelve month low of $19.45 and a twelve month high of $31.79.
Institutional Trading of Patterson Companies
Institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new position in shares of Patterson Companies in the 4th quarter worth approximately $18,316,000. American Century Companies Inc. raised its stake in Patterson Companies by 24.1% during the fourth quarter. American Century Companies Inc. now owns 2,711,030 shares of the company's stock worth $83,662,000 after buying an additional 527,054 shares during the last quarter. Hotchkis & Wiley Capital Management LLC acquired a new position in Patterson Companies in the third quarter valued at $11,183,000. TIG Advisors LLC bought a new stake in Patterson Companies during the fourth quarter valued at $14,633,000. Finally, Hsbc Holdings PLC boosted its position in Patterson Companies by 2,837.3% during the fourth quarter. Hsbc Holdings PLC now owns 423,977 shares of the company's stock valued at $13,084,000 after acquiring an additional 409,543 shares during the last quarter. 85.43% of the stock is currently owned by institutional investors.
Patterson Companies Company Profile
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Patterson Companies, Inc engages in the distribution of dental and animal health products in the United States, the United Kingdom, and Canada. The company operates through three segments: Dental, Animal Health, and Corporate segments. The Dental segment offers consumable products, including infection control, restorative materials, and instruments; basic and advanced technology and dental equipment; practice optimization solutions, such as practice management software, e-commerce, revenue cycle management, patient engagement solutions, and clinical and patient education systems.
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