Auriga Reiterates Buy on Patterson Companies (PDCO)
PDCO has been the subject of a number of other recent research reports. Analysts at SunTrust (NYSE: STI) initiated coverage on shares of Patterson Companies in a research note to investors on Wednesday, April 25th. They set a “buy” rating on the stock. Separately, analysts at Barrington Research reiterated an “outperform” rating on shares of Patterson Companies in a research note to investors on Tuesday, February 28th. They now have a $36.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Patterson Companies in a research note to investors on Friday, February 24th. They now have a $34.00 price target on the stock.
Patterson Companies traded down 1.92% on Wednesday, hitting $32.885. Patterson Companies has a 1-year low of $26.19 and a 1-year high of $36.93. The company has a market cap of $3.502 billion and a price-to-earnings ratio of 17.89.
Patterson Companies last released its earnings data on Thursday, February 23rd. The company reported $0.50 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.50. The company’s quarterly revenue was up 8.4% on a year-over-year basis. Analysts expect that Patterson Companies will post $0.49 EPS next quarter.
Patterson Companies, Inc. (Patterson) is a distributor serving three markets: North American dental supply, U.