Headlines about Patterson Companies (NASDAQ:PDCO) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Patterson Companies earned a news impact score of 0.15 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.1904843677749 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news stories that may have impacted Accern’s analysis:
- Swings under Technical Examination: TransUnion (NYSE:TRU), Patterson Companies, Inc. (NASDAQ:PDCO) – HiTechFacts (hitechfacts.com)
- Earnings Review and Free Research Report: Patterson Cos. Beat Earnings Expectations (finance.yahoo.com)
- Patterson : expands scope of contributions to American Red Cross and Local Relief Organizations in response to hurricanes. (4-traders.com)
- Patterson Cos., Inc. breached its 50 day moving average in a Bullish Manner : PDCO-US : September 13, 2017 (finance.yahoo.com)
- Patterson Companies Expands Scope of Contributions to American Red Cross and Local Relief Organizations in Response to Hurricanes (finance.yahoo.com)
A number of research analysts have weighed in on the stock. Zacks Investment Research raised shares of Patterson Companies from a “sell” rating to a “hold” rating in a report on Wednesday, September 6th. TheStreet cut shares of Patterson Companies from a “b-” rating to a “c” rating in a report on Thursday, August 24th. UBS AG raised shares of Patterson Companies from a “sell” rating to a “hold” rating and set a $40.00 target price for the company in a research note on Friday, August 25th. Cleveland Research reissued a “hold” rating on shares of Patterson Companies in a research note on Tuesday, August 22nd. Finally, Craig Hallum reissued a “sell” rating and set a $41.00 target price (down previously from $46.00) on shares of Patterson Companies in a research note on Thursday, August 17th. They noted that the move was a valuation call. Five investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. Patterson Companies has an average rating of “Hold” and an average price target of $42.89.
Shares of Patterson Companies (NASDAQ PDCO) opened at 38.53 on Friday. The stock has a market capitalization of $3.60 billion, a P/E ratio of 22.39 and a beta of 0.97. The company’s 50-day moving average is $38.50 and its 200 day moving average is $43.24. Patterson Companies has a 52 week low of $35.93 and a 52 week high of $49.26.
Patterson Companies (NASDAQ:PDCO) last announced its earnings results on Thursday, August 24th. The company reported $0.44 EPS for the quarter, hitting the consensus estimate of $0.44. The company had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Patterson Companies had a return on equity of 15.51% and a net margin of 2.93%. The business’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.51 earnings per share. On average, equities analysts forecast that Patterson Companies will post $2.29 EPS for the current fiscal year.
In other Patterson Companies news, insider Ann B. Gugino sold 750 shares of the firm’s stock in a transaction dated Tuesday, July 11th. The stock was sold at an average price of $42.40, for a total transaction of $31,800.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.46% of the stock is currently owned by company insiders.
Patterson Companies Company Profile
Patterson Companies, Inc is a value-added distributor focused on providing a customer experience to professionals in the dental and animal health markets. The Company operates through three segments: dental, animal health and corporate. Dental and Animal health are strategic business units that offer similar products and services to different customer bases.
Receive News & Ratings for Patterson Companies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Patterson Companies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.