News headlines about Patterson Companies (NASDAQ:PDCO) have been trending somewhat positive on Wednesday, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Patterson Companies earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 48.7993479488938 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Patterson Companies stock opened at $24.07 on Wednesday. The firm has a market cap of $2.32 billion, a PE ratio of 14.33, a PEG ratio of 2.29 and a beta of 1.08. Patterson Companies has a 12-month low of $20.22 and a 12-month high of $40.90. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.79 and a quick ratio of 0.87.

Patterson Companies (NASDAQ:PDCO) last released its quarterly earnings data on Thursday, August 30th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by ($0.08). The firm had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.30 billion. Patterson Companies had a return on equity of 9.71% and a net margin of 3.01%. Patterson Companies’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the firm posted $0.44 earnings per share. sell-side analysts forecast that Patterson Companies will post 1.43 earnings per share for the current year.

PDCO has been the topic of a number of research reports. Northcoast Research reissued a “buy” rating on shares of Patterson Companies in a research note on Wednesday, May 16th. Bank of America dropped their target price on shares of Patterson Companies from $22.00 to $20.00 and set an “underperform” rating for the company in a report on Tuesday, May 29th. BidaskClub downgraded shares of Patterson Companies from a “sell” rating to a “strong sell” rating in a report on Saturday, June 2nd. JPMorgan Chase & Co. dropped their price target on shares of Patterson Companies from $26.00 to $24.00 and set an “underweight” rating for the company in a research note on Thursday, June 7th. Finally, Stifel Nicolaus dropped their price target on shares of Patterson Companies from $28.00 to $23.00 and set a “hold” rating for the company in a research note on Monday, June 18th. Seven analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. Patterson Companies currently has a consensus rating of “Hold” and an average price target of $27.32.

About Patterson Companies

Patterson Companies, Inc distributes and sells dental and animal health products in the United States, the United Kingdom, and Canada. It operates through Dental and Animal Health segments. 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.

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