
Pattern Group Inc. (NASDAQ:PTRN – Free Report) – Equities researchers at KeyCorp issued their Q2 2026 earnings per share (EPS) estimates for Pattern Group in a research note issued to investors on Wednesday, May 6th. KeyCorp analyst J. Patterson forecasts that the company will earn $0.11 per share for the quarter. The consensus estimate for Pattern Group’s current full-year earnings is $0.56 per share. KeyCorp also issued estimates for Pattern Group’s Q3 2026 earnings at $0.12 EPS and Q4 2026 earnings at $0.16 EPS.
Other equities analysts have also issued research reports about the company. Wall Street Zen raised Pattern Group from a “hold” rating to a “buy” rating in a report on Saturday. Robert W. Baird dropped their price objective on Pattern Group from $22.00 to $20.00 and set an “outperform” rating on the stock in a report on Friday, March 6th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Pattern Group in a report on Monday, March 23rd. Stifel Nicolaus dropped their price objective on Pattern Group from $22.00 to $21.00 and set a “buy” rating on the stock in a report on Friday, March 6th. Finally, JPMorgan Chase & Co. raised their price objective on Pattern Group from $17.00 to $19.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Ten analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $20.67.
Pattern Group Price Performance
NASDAQ:PTRN opened at $16.04 on Tuesday. The firm has a market capitalization of $2.49 billion and a PE ratio of -7.90. The business’s fifty day moving average price is $12.62 and its 200 day moving average price is $13.39. Pattern Group has a 12 month low of $8.92 and a 12 month high of $20.10.
Pattern Group (NASDAQ:PTRN – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.10 by $0.06. The business had revenue of $773.73 million during the quarter, compared to analysts’ expectations of $715.90 million. The business’s quarterly revenue was up 43.2% compared to the same quarter last year. During the same period last year, the company earned $0.17 EPS.
Pattern Group announced that its Board of Directors has approved a share buyback plan on Thursday, March 5th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to reacquire up to 5.6% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.
Institutional Investors Weigh In On Pattern Group
Several hedge funds have recently made changes to their positions in the business. Clearstead Advisors LLC boosted its stake in shares of Pattern Group by 222.0% during the fourth quarter. Clearstead Advisors LLC now owns 2,373 shares of the company’s stock worth $27,000 after buying an additional 1,636 shares during the period. Roxbury Financial LLC acquired a new stake in shares of Pattern Group during the first quarter worth about $40,000. Barclays PLC boosted its stake in shares of Pattern Group by 25.2% during the fourth quarter. Barclays PLC now owns 16,652 shares of the company’s stock worth $192,000 after buying an additional 3,352 shares during the period. Federation des caisses Desjardins du Quebec acquired a new stake in Pattern Group in the fourth quarter valued at about $58,000. Finally, PNC Financial Services Group Inc. acquired a new stake in Pattern Group in the third quarter valued at about $89,000.
Pattern Group Company Profile
At Pattern, we are on a mission to help brands accelerate profitable growth on global ecommerce marketplaces. Today, our proprietary technology and on-demand experts operate across more than 60 marketplaces to increase product sales to consumers in more than 100 countries. Utilizing more than 46 trillion data points and sophisticated machine learning and artificial intelligence (“AI”) models, we strive to optimize and automate key levers of ecommerce growth, including advertising, content creation and management, pricing, forecasting and customer service.
Read More
- Five stocks we like better than Pattern Group
- Sell in May and Go Away—Starting With These 3 Stocks
- Before the Moon Base Gets Built, These 4 Companies Win
- Industrial Buybacks: Top Homebuilding Supplier Leads Buyback Increases
- 3 Stocks That Win If Inflation Surprises to the Downside
Receive News & Ratings for Pattern Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pattern Group and related companies with MarketBeat.com's FREE daily email newsletter.
