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
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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Hold | 4 | 4 | 4 | 4 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 6 | 6 | 6 | 6 | 7 | 7 |
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 | Buy → Hold Downgrades $34 → $28 | Buy → 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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
High | 7.5% | 7.4% | 10.3% |
Avg | 3.6% | 3.0% | 3.4% |
Low | -1.5% | -2.9% | -2.9% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
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.