Are Analysts Expecting A Better 2020 For Patterson Companies Inc (PDCO)?

Patterson Companies Inc (PDCO) concluded trading on Thursday at a closing price of $31.15, with 6.19 million shares of worth about $192.94 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 22.93% during that period and on February 27, 2025 the price saw a gain of about 0.26%. Currently the company’s common shares owned by public are about 88.45M shares, out of which, 77.85M shares are available for trading.

Stock saw a price change of 0.29% in past 5 days and over the past one month there was a price change of 0.55%. Year-to-date (YTD), PDCO shares are showing a performance of 0.94% which increased to 7.56% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $19.45 but also hit the highest price of $31.79 during that period. The average intraday trading volume for Patterson Companies Inc shares is 1.47 million. The stock is currently trading 0.37% above its 20-day simple moving average (SMA20), while that difference is up 0.64% for SMA50 and it goes to 24.56% higher than SMA200.

Patterson Companies Inc (NASDAQ: PDCO) currently have 88.45M outstanding shares and institutions hold larger chunk of about 87.07% of that.

The stock has a current market capitalization of $2.75B and its 3Y-monthly beta is at 0.98. PE ratio of stock for trailing 12 months is 20.09, while it has posted earnings per share of $1.55 in the same period. Its PEG reads 5.33 and has Quick Ratio of 0.73 while making debt-to-equity ratio of 0.88. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PDCO, volatility over the week remained 0.14% while standing at 0.16% over the month.

Stock’s fiscal year EPS is expected to drop by -4.60% while it is estimated to increase by 9.21% in next year. EPS is likely to shrink at an annualized rate of 3.77% for next 5-years, compared to annual growth of 17.28% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Mizuho on December 04, 2024 offering a Neutral rating for the stock and assigned a target price of $23 to it. Coverage by Piper Sandler stated Patterson Companies Inc (PDCO) stock as a Neutral in their note to investors on February 29, 2024, suggesting a price target of $28 for the stock. On February 26, 2024, Leerink Partners Initiated their recommendations, while on May 13, 2022, Credit Suisse Resumed their ratings for the stock with a price target of $36. Stock get an Equal-weight rating from Morgan Stanley on January 31, 2022.

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