EPS for Patterson Companies, Inc. (PDCO) Expected At $0.31

May 17, 2018 - By Julie Dion

Patterson Companies, Inc. (NASDAQ:PDCO) LogoInvestors sentiment decreased to 1 in 2017 Q4. Its down 0.25, from 1.25 in 2017Q3. It worsened, as 57 investors sold Patterson Companies, Inc. shares while 113 reduced holdings. 66 funds opened positions while 104 raised stakes. 87.24 million shares or 1.30% less from 88.39 million shares in 2017Q3 were reported.
Employees Retirement System Of Texas has invested 0% in Patterson Companies, Inc. (NASDAQ:PDCO). Empirical Limited Liability Corp reported 6,998 shares. Nippon Life Global Investors Americas accumulated 123,800 shares. 465,694 were accumulated by Deutsche Bancorporation Ag. Envestnet Asset holds 9,454 shares or 0% of its portfolio. Mason Street Advsrs Ltd Limited Liability Company reported 11,473 shares. Zebra Mngmt Limited Liability has 36,139 shares. Price T Rowe Inc Md holds 0.02% or 4.21M shares in its portfolio. 8,760 were reported by Rand Wealth Ltd Liability Corp. Cwm Limited Liability has 0.01% invested in Patterson Companies, Inc. (NASDAQ:PDCO). Dimensional Fund Lp has invested 0.02% in Patterson Companies, Inc. (NASDAQ:PDCO). Duncker Streett reported 1,100 shares. Quantitative Systematic Strategies Ltd Com has invested 0.07% in Patterson Companies, Inc. (NASDAQ:PDCO). Eaton Vance Management reported 41,970 shares. Massmutual Trust Fsb Adv owns 34,163 shares for 0.44% of their portfolio.

Since January 11, 2018, it had 0 insider buys, and 1 sale for $27,285 activity.

Analysts expect Patterson Companies, Inc. (NASDAQ:PDCO) to report $0.31 EPS on May, 24.They anticipate $0.38 EPS change or 55.07 % from last quarter’s $0.69 EPS. PDCO’s profit would be $28.66 million giving it 18.24 P/E if the $0.31 EPS is correct. After having $0.43 EPS previously, Patterson Companies, Inc.’s analysts see -27.91 % EPS growth. The stock decreased 0.92% or $0.21 during the last trading session, reaching $22.62. About 432,923 shares traded. Patterson Companies, Inc. (NASDAQ:PDCO) has declined 51.49% since May 17, 2017 and is downtrending. It has underperformed by 63.04% the S&P500.

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

Among 13 analysts covering Patterson Companies Inc (NASDAQ:PDCO), 3 have Buy rating, 5 Sell and 5 Hold. Therefore 23% are positive. Patterson Companies Inc had 21 analyst reports since November 21, 2017 according to SRatingsIntel. The rating was downgraded by J.P. Morgan to “Sell” on Thursday, February 15. The stock has “Hold” rating by Jefferies on Wednesday, November 22. The company was maintained on Thursday, March 1 by Northcoast. On Wednesday, December 6 the stock rating was downgraded by Morgan Stanley to “Underweight”. The company was maintained on Tuesday, April 3 by Piper Jaffray. The company was maintained on Thursday, March 1 by Piper Jaffray. On Thursday, February 15 the stock rating was downgraded by JP Morgan to “Underweight”. Deutsche Bank initiated Patterson Companies, Inc. (NASDAQ:PDCO) rating on Friday, December 8. Deutsche Bank has “Hold” rating and $37.0 target. The firm earned “Underweight” rating on Friday, March 2 by Morgan Stanley. Piper Jaffray maintained Patterson Companies, Inc. (NASDAQ:PDCO) rating on Tuesday, November 21. Piper Jaffray has “Hold” rating and $38.0 target.

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 $2.09 billion. It operates through Dental and Animal Health divisions. It has a 8.74 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 notable recent Patterson Companies, Inc. (NASDAQ:PDCO) news were published by: Globenewswire.com which released: “Federman & Sherwood Reminds Investors of Imminent Lead Plaintiff Deadline in Securities Class Action Lawsuit …” on May 16, 2018, also Globenewswire.com with their article: “Kaskela Law LLC: Shareholder Class Action Filed Against Patterson Companies, Inc. – PDCO” published on May 06, 2018, Prnewswire.com published: “Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Patterson Companies, Inc. – PDCO” on May 06, 2018. More interesting news about Patterson Companies, Inc. (NASDAQ:PDCO) were released by: Globenewswire.com and their article: “PATTERSON COMPANIES SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK …” published on May 12, 2018 as well as Globenewswire.com‘s news article titled: “PDCO ALERT: Rosen Law Firm Reminds Patterson Companies, Inc. Investors of Important May 29 Deadline in Class …” with publication date: May 15, 2018.

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

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