Patterson Companies, Inc. (PDCO)
NASDAQ: PDCO · IEX Real-Time Price · USD
27.65
-0.14 (-0.50%)
At close: Mar 28, 2024, 4:00 PM
27.04
-0.61 (-2.21%)
After-hours: Mar 28, 2024, 6:23 PM EDT

Patterson Companies Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Patterson Companies stock have an average target of 32.71, with a low estimate of 28 and a high estimate of 38. The average target predicts an increase of 18.30% from the current stock price of 27.65.

Analyst Consensus: Hold
Target Low Average Median High
Price $28 $32.71 $32 $38
Change +1.27% +18.30% +15.73% +37.43%

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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000000
Buy 222222
Hold 444455
Sell 000000
Strong Sell 000000
Total 666677

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Hold
Maintains
$31$30
Hold Maintains $31$30 +8.50% Mar 6, 2024
Piper Sandler
Piper Sandler
Hold
Downgrades
$34$28
Hold Downgrades $34$28 +1.27% Feb 29, 2024
Leerink Partners
Leerink Partners
Buy
Initiates
$36
Buy Initiates $36 +30.20% Feb 26, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$35$30
Hold Maintains $35$30 +8.50% Dec 1, 2023
Piper Sandler
Piper Sandler
Buy
Maintains
$39$34
Buy Maintains $39$34 +22.97% Nov 30, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
6.70B
from 6.47B
Increased by 3.56%
Revenue Next Year
6.90B
from 6.70B
Increased by 3.00%
EPS This Year
2.37
from 2.12
Increased by 12.01%
EPS Next Year
2.53
from 2.37
Increased by 6.42%
Year 20192020202120222023202420252026
Revenue
5.57B5.49B5.91B6.50B6.47B6.70B6.90B7.14B
Revenue Growth
1.99%-1.52%7.69%9.93%-0.43%3.56%3.00%3.43%
EPS
0.89-6.251.612.062.122.372.532.77
EPS Growth
-58.80%--27.95%2.91%12.01%6.42%9.48%
No. Analysts -----151510
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 7.0B 7.2B 7.6B
Avg 6.7B 6.9B 7.1B
Low 6.4B 6.5B 6.7B

Revenue Growth

Revenue Growth 202420252026
High
7.5%
7.4%
10.3%
Avg
3.6%
3.0%
3.4%
Low
-1.5%
-2.9%
-2.9%

EPS Forecast

EPS 202420252026
High 2.49 2.79 3.22
Avg 2.37 2.53 2.77
Low 2.25 2.35 2.55

EPS Growth

EPS Growth 202420252026
High
17.4%
17.6%
27.6%
Avg
12.0%
6.4%
9.5%
Low
6.3%
-1.0%
0.8%
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.