Zacks Research Issues Pessimistic Outlook for PDCO Earnings

Patterson Companies, Inc. (NASDAQ:PDCO - Free Report) - Investment analysts at Zacks Research cut their Q3 2026 earnings per share estimates for Patterson Companies in a research report issued 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 previous estimate 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.

Separately, StockNews.com started coverage on Patterson Companies in a research note on Sunday. They issued a "hold" rating for the company. Eleven investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, Patterson Companies currently has an average rating of "Hold" and a consensus target price of $26.57.

Patterson Companies Price Performance

PDCO stock remained flat at $31.33 during trading on Tuesday. The firm has a market capitalization of $2.77 billion, a P/E ratio of 18.32, a P/E/G ratio of 2.71 and a beta of 0.73. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.37 and a quick ratio of 0.76. The company's 50 day simple moving average is $31.14 and its 200 day simple moving average is $27.66. Patterson Companies has a 12 month low of $19.45 and a 12 month high of $31.79.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Barclays PLC boosted its position in Patterson Companies by 37.2% in the third quarter. Barclays PLC now owns 165,715 shares of the company's stock worth $3,619,000 after purchasing an additional 44,906 shares during the last quarter. EMC Capital Management boosted its holdings in shares of Patterson Companies by 600.7% in the 4th quarter. EMC Capital Management now owns 16,053 shares of the company's stock worth $495,000 after buying an additional 13,762 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Patterson Companies by 15.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,799,942 shares of the company's stock worth $55,546,000 after buying an additional 245,376 shares during the last quarter. Tritonpoint Wealth LLC bought a new position in Patterson Companies during the fourth quarter valued at about $264,000. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of Patterson Companies in the 4th quarter worth approximately $518,000. 85.43% of the stock is currently owned by hedge funds and other 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.