EPS for Patterson Companies, Inc. (PDCO) Expected At $0.35

August 13, 2018 - By Palma Niemeyer

Patterson Companies, Inc. (NASDAQ:PDCO) LogoInvestors sentiment increased to 1.26 in 2018 Q1. Its up 0.26, from 1 in 2017Q4. It increased, as 68 investors sold Patterson Companies, Inc. shares while 74 reduced holdings. 48 funds opened positions while 131 raised stakes. 82.52 million shares or 5.42% less from 87.24 million shares in 2017Q4 were reported.
Goldman Sachs Grp Inc invested in 0.01% or 2.08 million shares. Aperio Gp Ltd holds 0% or 26,676 shares in its portfolio. Ny State Teachers Retirement Sys holds 0.01% of its portfolio in Patterson Companies, Inc. (NASDAQ:PDCO) for 144,112 shares. Moreover, Cove Street Cap Ltd has 1.51% invested in Patterson Companies, Inc. (NASDAQ:PDCO). 841,767 were accumulated by Geode Management Limited Company. Alliancebernstein Lp has 0% invested in Patterson Companies, Inc. (NASDAQ:PDCO) for 148,342 shares. Axa accumulated 419,000 shares or 0.04% of the stock. Illinois-based Balyasny Asset Management Lc has invested 0.03% in Patterson Companies, Inc. (NASDAQ:PDCO). Invest Counselors Of Maryland Limited Liability Com stated it has 3,984 shares. Petrus Trust Lta reported 10,526 shares or 0.05% of all its holdings. Bluecrest Cap Management Ltd holds 0.03% of its portfolio in Patterson Companies, Inc. (NASDAQ:PDCO) for 39,471 shares. Dimensional Fund Advisors L P owns 1.69 million shares for 0.02% of their portfolio. Ubs Asset Management Americas owns 94,515 shares. Walleye Trading Lc reported 56,723 shares. Confluence Lc invested in 0.2% or 481,938 shares.

Analysts expect Patterson Companies, Inc. (NASDAQ:PDCO) to report $0.35 EPS on August, 23.They anticipate $0.09 EPS change or 20.45 % from last quarter’s $0.44 EPS. PDCO’s profit would be $32.68M giving it 16.04 P/E if the $0.35 EPS is correct. After having $0.30 EPS previously, Patterson Companies, Inc.’s analysts see 16.67 % EPS growth. The stock decreased 0.66% or $0.15 during the last trading session, reaching $22.45. About 1.18 million shares traded. Patterson Companies, Inc. (NASDAQ:PDCO) has declined 51.53% since August 13, 2017 and is downtrending. It has underperformed by 64.10% the S&P500.

Patterson Companies, Inc. (NASDAQ:PDCO) Ratings Coverage

Among 13 analysts covering Patterson Companies Inc (NASDAQ:PDCO), 2 have Buy rating, 6 Sell and 5 Hold. Therefore 15% are positive. Patterson Companies Inc had 18 analyst reports since February 15, 2018 according to SRatingsIntel. The company was maintained on Friday, June 22 by Morgan Stanley. Robert W. Baird downgraded the shares of PDCO in report on Thursday, March 1 to “Hold” rating. Piper Jaffray maintained Patterson Companies, Inc. (NASDAQ:PDCO) rating on Tuesday, April 3. Piper Jaffray has “Hold” rating and $2400 target. The stock has “Buy” rating by Craig Hallum on Friday, April 6. As per Thursday, February 15, the company rating was downgraded by J.P. Morgan. Bank of America maintained Patterson Companies, Inc. (NASDAQ:PDCO) on Tuesday, May 29 with “Underperform” rating. The rating was maintained by JP Morgan with “Underweight” on Thursday, June 7. The firm earned “Underweight” rating on Thursday, February 15 by JP Morgan. As per Thursday, March 1, the company rating was maintained by Northcoast. The firm earned “Hold” rating on Thursday, March 1 by Piper Jaffray.

Patterson Companies, Inc. distributes and sells dental and animal health products in the United States, the United Kingdom, and Canada. The company has market cap of $2.10 billion. It operates through Dental and Animal Health divisions. It has a 10.39 P/E ratio. The company's Dental segment offers consumable products, such as infection control, restorative materials, hand instruments, and sterilization products; basic and advanced technology dental equipment; patient education systems; and office forms and stationery.

More news for Patterson Companies, Inc. (NASDAQ:PDCO) were recently published by: Seekingalpha.com, which released: “Patterson Companies Is Worth A Look” on July 23, 2018. Businesswire.com‘s article titled: “Patterson Companies First-Quarter Fiscal 2019 Conference Call Scheduled for Thursday, August 30, 2018” and published on August 09, 2018 is yet another important article.

Patterson Companies, Inc. (NASDAQ:PDCO) Institutional Positions Chart

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