Patterson Companies, Inc. (PDCO) Analysts See $0.31 EPS

June 5, 2018 - By Marie Mckinney

Patterson Companies, Inc. (NASDAQ:PDCO) LogoInvestors sentiment increased to 1.26 in 2018 Q1. Its up 0.26, from 1 in 2017Q4. It increased, as 68 investors sold Patterson Companies, Inc. shares while 74 reduced holdings. 48 funds opened positions while 131 raised stakes. 82.52 million shares or 5.42% less from 87.24 million shares in 2017Q4 were reported.
Federated Investors Pa, Pennsylvania-based fund reported 35,918 shares. Rampart Invest Communications Limited Liability Company stated it has 2,200 shares or 0% of all its holdings. Amalgamated Fincl Bank holds 16,531 shares. Utah Retirement Sys accumulated 0.01% or 15,168 shares. Lmr Prtn Ltd Liability Partnership invested 0.28% of its portfolio in Patterson Companies, Inc. (NASDAQ:PDCO). Commonwealth Of Pennsylvania School Empls Retrmt has invested 0.01% of its portfolio in Patterson Companies, Inc. (NASDAQ:PDCO). Pnc Gp accumulated 61,738 shares. Moreover, Invesco Limited has 0.01% invested in Patterson Companies, Inc. (NASDAQ:PDCO) for 796,546 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Management reported 0.01% in Patterson Companies, Inc. (NASDAQ:PDCO). 266,309 were reported by Panagora Asset Mgmt. Moreover, Ubs Asset Americas Inc has 0% invested in Patterson Companies, Inc. (NASDAQ:PDCO). Guggenheim Capital Limited Liability Com invested in 163,809 shares or 0.01% of the stock. Moreover, Gateway Investment Advisers Lc has 0.03% invested in Patterson Companies, Inc. (NASDAQ:PDCO) for 167,320 shares. Element Mngmt Ltd reported 51,030 shares stake. Price T Rowe Assocs Inc Md holds 6.99 million shares.

Since January 11, 2018, it had 0 insider buys, and 1 insider sale for $27,285 activity.

Analysts expect Patterson Companies, Inc. (NASDAQ:PDCO) to report $0.31 EPS on June, 21 before the open.They anticipate $0.38 EPS change or 55.07 % from last quarter’s $0.69 EPS. PDCO’s profit would be $28.66M giving it 17.16 P/E if the $0.31 EPS is correct. After having $0.43 EPS previously, Patterson Companies, Inc.’s analysts see -27.91 % EPS growth. The stock increased 0.21% or $0.0441 during the last trading session, reaching $21.2841. About 285,951 shares traded. Patterson Companies, Inc. (NASDAQ:PDCO) has declined 51.53% since June 5, 2017 and is downtrending. It has underperformed by 64.10% the S&P500.

Patterson Companies, Inc. (NASDAQ:PDCO) Ratings Coverage

Among 13 analysts covering Patterson Companies (NASDAQ:PDCO), 2 have Buy rating, 6 Sell and 5 Hold. Therefore 15% are positive. Patterson Companies had 18 analyst reports since December 6, 2017 according to SRatingsIntel. Stifel Nicolaus maintained the shares of PDCO in report on Thursday, March 1 with “Hold” rating. J.P. Morgan downgraded it to “Sell” rating and $36.0 target in Thursday, February 15 report. The stock has “Buy” rating by Northcoast on Thursday, March 1. The rating was downgraded by Robert W. Baird to “Hold” on Thursday, March 1. The rating was upgraded by Craig Hallum on Friday, April 6 to “Buy”. Piper Jaffray maintained the stock with “Hold” rating in Tuesday, April 3 report. The rating was maintained by Jefferies on Tuesday, March 6 with “Hold”. The rating was maintained by Bank of America with “Underperform” on Tuesday, May 29. JP Morgan maintained it with “Underweight” rating and $26 target in Monday, March 5 report. As per Wednesday, December 6, the company rating was downgraded by Morgan Stanley.

Patterson Companies, Inc. distributes and sells dental and animal health products in the United States, the United Kingdom, and Canada. The company has market cap of $1.97 billion. It operates through Dental and Animal Health divisions. It has a 8.23 P/E ratio. The company's Dental segment offers consumable products, such as infection control, restorative materials, hand instruments, and sterilization products; basic and advanced technology dental equipment; patient education systems; and office forms and stationery.

Another recent and important Patterson Companies, Inc. (NASDAQ:PDCO) news was published by Bizjournals.com which published an article titled: “Twin Cities’ biggest companies are raking it in. Here’s what’s driving the profit boom.” on May 29, 2018.

Patterson Companies, Inc. (NASDAQ:PDCO) Institutional Positions Chart

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