Patterson Companies, Inc. (PDCO)
NASDAQ: PDCO · IEX Real-Time Price · USD
25.05
-0.68 (-2.64%)
At close: Jul 19, 2024, 4:00 PM
25.01
-0.04 (-0.16%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Patterson Companies Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Patterson Companies stock have an average target of 29.33, with a low estimate of 25 and a high estimate of 32. The average target predicts an increase of 17.09% from the current stock price of 25.05.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for PDCO stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 1 | 1 | 0 |
| Hold | 5 | 5 | 5 | 5 | 5 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $27 → $25 | Hold | Maintains | $27 → $25 | -0.20% | Jul 9, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Jun 20, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $30 → $29 | Hold | Maintains | $30 → $29 | +15.77% | Jun 20, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $34 → $32 | Strong Buy | Maintains | $34 → $32 | +27.74% | May 20, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $31 → $30 | Hold | Maintains | $31 → $30 | +19.76% | Mar 6, 2024 |
Financial Forecast
Revenue This Year
6.88B
from 6.57B
Increased by 4.73%
Revenue Next Year
7.09B
from 6.88B
Increased by 3.11%
EPS This Year
2.44
from 1.98
Increased by 23.41%
EPS Next Year
2.63
from 2.44
Increased by 7.58%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 7.2B | 7.4B | 7.6B | 7.9B |
| Avg | 6.9B | 7.1B | 7.4B | 7.7B |
| Low | 6.5B | 6.7B | 7.1B | 7.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 9.5% | 8.3% | 7.7% | 6.4% |
| Avg | 4.7% | 3.1% | 4.6% | 3.4% |
| Low | -0.9% | -2.6% | 0.5% | -0.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 2.60 | 2.84 | 3.19 | 3.55 |
| Avg | 2.44 | 2.63 | 3.10 | 3.45 |
| Low | 2.03 | 2.05 | 2.98 | 3.31 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 31.5% | 16.0% | 21.4% | 14.5% |
| Avg | 23.4% | 7.6% | 18.0% | 11.2% |
| Low | 2.6% | -16.1% | 13.3% | 6.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.