Zacks Research Issues Pessimistic Forecast for PDCO Earnings

Patterson Companies, Inc. (NASDAQ:PDCO) – Zacks Research lowered their Q3 2026 EPS estimates for shares of Patterson Companies in a note issued to investors on Monday, April 14th. Zacks Research analyst I. Bandyopadhyay now expects that the company will post earnings of $0.58 per share for the quarter, down from their prior forecast of $0.61. The consensus estimate for Patterson Companies’ current full-year earnings is $2.25 per share. Zacks Research also issued estimates for Patterson Companies’ FY2026 earnings at $2.31 EPS, Q3 2027 earnings at $0.59 EPS and FY2027 earnings at $2.43 EPS.

A number of other brokerages have also weighed in on PDCO. Morgan Stanley boosted their price objective on shares of Patterson Companies from $27.00 to $31.35 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. StockNews.com started coverage on Patterson Companies in a research note on Saturday. They issued a “hold” rating for the company. Eleven analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $26.57.

Patterson Companies Stock Down 0.1 %

Shares of Patterson Companies stock opened at $31.32 on Tuesday. The company has a 50-day simple moving average of $31.12 and a two-hundred day simple moving average of $27.45. The stock has a market capitalization of $2.77 billion, a PE ratio of 18.32, a price-to-earnings-growth ratio of 2.71 and a beta of 0.73. Patterson Companies has a 52-week low of $19.45 and a 52-week high of $31.79. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.76 and a current ratio of 1.37.

Institutional Investors Weigh In On Patterson Companies

A number of large investors have recently made changes to their positions in PDCO. Curat Global LLC purchased a new position in shares of Patterson Companies in the first quarter worth approximately $25,000. Harbour Investments Inc. bought a new position in Patterson Companies in the fourth quarter worth approximately $26,000. Huntington National Bank raised its position in Patterson Companies by 54.0% in the fourth quarter. Huntington National Bank now owns 1,115 shares of the company’s stock worth $34,000 after acquiring an additional 391 shares during the period. GAMMA Investing LLC boosted its stake in shares of Patterson Companies by 103.0% during the 4th quarter. GAMMA Investing LLC now owns 1,340 shares of the company’s stock worth $41,000 after acquiring an additional 680 shares during the last quarter. Finally, Anchor Investment Management LLC grew its position in shares of Patterson Companies by 20.5% during the 3rd quarter. Anchor Investment Management LLC now owns 2,350 shares of the company’s stock valued at $51,000 after acquiring an additional 400 shares during the period. 85.43% of the stock is currently owned by institutional investors.

Patterson Companies Company Profile

Patterson Companies, Inc engages in the distribution of dental and animal health products in the United States, the United Kingdom, and Canada. The company operates through three segments: Dental, Animal Health, and Corporate segments. The Dental segment offers consumable products, including infection control, restorative materials, and instruments; basic and advanced technology and dental equipment; practice optimization solutions, such as practice management software, e-commerce, revenue cycle management, patient engagement solutions, and clinical and patient education systems.