Patterson Companies, Inc. (PDCO) Analysts See $0.35 EPS

August 13, 2018 - By Sheila Anderson

Patterson Companies, Inc. (NASDAQ:PDCO) LogoInvestors sentiment increased to 1.26 in Q1 2018. 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.
Bahl Gaynor reported 57,861 shares. Axa has invested 0.04% in Patterson Companies, Inc. (NASDAQ:PDCO). Paloma Ptnrs accumulated 83,381 shares. Amg Funds has invested 0.79% in Patterson Companies, Inc. (NASDAQ:PDCO). Advantus Capital stated it has 0.01% in Patterson Companies, Inc. (NASDAQ:PDCO). West Coast Ltd Liability Co accumulated 140,339 shares. Bessemer stated it has 117 shares or 0% of all its holdings. Synovus Fin holds 0% or 315 shares. Regions Finance Corp holds 0% of its portfolio in Patterson Companies, Inc. (NASDAQ:PDCO) for 522 shares. Metropolitan Life Ins has 23,888 shares. Public Employees Retirement Association Of Colorado holds 0% in Patterson Companies, Inc. (NASDAQ:PDCO) or 9,773 shares. 947 are owned by Atlantic Trust Group Ltd. Swiss Bancorp, Switzerland-based fund reported 150,100 shares. 167,320 were reported by Gateway Invest Advisers Ltd Co. Amica Mutual Ins Communications reported 0.01% of its portfolio in Patterson Companies, Inc. (NASDAQ:PDCO).

Analysts expect Patterson Companies, Inc. (NASDAQ:PDCO) to report $0.35 EPS on August, 23.They anticipate $0.09 EPS change or 20.45 % from last quarter’s $0.44 EPS. PDCO’s profit would be $32.68M giving it 16.04 P/E if the $0.35 EPS is correct. After having $0.30 EPS previously, Patterson Companies, Inc.’s analysts see 16.67 % EPS growth. The stock decreased 0.66% or $0.15 during the last trading session, reaching $22.45. About 1.18 million shares traded. Patterson Companies, Inc. (NASDAQ:PDCO) has declined 51.53% since August 13, 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 Inc (NASDAQ:PDCO), 2 have Buy rating, 6 Sell and 5 Hold. Therefore 15% are positive. Patterson Companies Inc had 18 analyst reports since February 15, 2018 according to SRatingsIntel. The rating was maintained by Morgan Stanley with “Underweight” on Friday, June 22. The firm earned “Buy” rating on Friday, April 6 by Craig Hallum. On Tuesday, March 6 the stock rating was maintained by Jefferies with “Hold”. As per Tuesday, May 29, the company rating was maintained by Bank of America. The firm has “Underweight” rating by JP Morgan given on Thursday, February 15. The firm earned “Hold” rating on Thursday, March 1 by Robert W. Baird. The stock of Patterson Companies, Inc. (NASDAQ:PDCO) has “Underweight” rating given on Friday, March 2 by Morgan Stanley. The stock of Patterson Companies, Inc. (NASDAQ:PDCO) earned “Hold” rating by Piper Jaffray on Thursday, March 1. The stock has “Hold” rating by Piper Jaffray on Tuesday, April 3. As per Thursday, February 15, the company rating was downgraded by J.P. Morgan.

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 $2.10 billion. It operates through Dental and Animal Health divisions. It has a 10.39 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.

More news for Patterson Companies, Inc. (NASDAQ:PDCO) were recently published by: Seekingalpha.com, which released: “Patterson Companies Is Worth A Look” on July 23, 2018. Businesswire.com‘s article titled: “Patterson Companies First-Quarter Fiscal 2019 Conference Call Scheduled for Thursday, August 30, 2018” and published on August 09, 2018 is yet another important article.

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

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