Patterson Companies (PDCO) Stock Forecast, Price Target & Predictions
PDCO Stock Forecast
Patterson Companies stock forecast is as follows: an average price target of $29.83 (represents a 36.40% upside from PDCO’s last price of $21.87) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
PDCO Price Target
The average price target for Patterson Companies (PDCO) is $29.83 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $37.00 to $28.00. This represents a potential 36.40% upside from PDCO's last price of $21.87.
PDCO Analyst Ratings
According to 6 Wall Street analysts, Patterson Companies's rating consensus is 'Hold'. The analyst rating breakdown for PDCO stock is 0 'Strong Buy' (0.00%), 2 'Buy' (33.33%), 3 'Hold' (50.00%), 1 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).
Patterson Companies Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 06, 2024 | Ross Muken | Evercore ISI | $28.00 | $21.16 | 32.29% | 28.03% |
| Jun 20, 2024 | Erin Wright | Morgan Stanley | $28.00 | $25.38 | 10.32% | 28.03% |
| Jun 20, 2024 | Nathan Rich | Goldman Sachs | $30.00 | $25.38 | 18.20% | 37.17% |
| Jun 18, 2024 | Jonathan Block | Stifel Nicolaus | $28.00 | $25.38 | 10.32% | 28.03% |
| Jun 10, 2024 | Jason Bednar | Piper Sandler | $28.00 | $23.25 | 20.40% | 28.03% |
| Mar 27, 2024 | Jonathan Block | Stifel Nicolaus | $32.00 | $27.04 | 18.34% | 46.32% |
| Jun 30, 2022 | - | Credit Suisse | $37.00 | $30.91 | 19.70% | 69.18% |
| Jun 30, 2022 | - | Piper Sandler | $42.00 | $30.91 | 35.88% | 92.04% |
The latest Patterson Companies stock forecast, released on Sep 06, 2024 by Ross Muken from Evercore ISI, set a price target of $28.00, which represents a 32.29% increase from the stock price at the time of the forecast ($21.16), and a 28.03% increase from PDCO last price ($21.87).
Patterson Companies Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 4 | 6 |
| Avg Price Target | $28.00 | $28.50 | $29.00 |
| Last Closing Price | $21.87 | $21.87 | $21.87 |
| Upside/Downside | 28.03% | 30.32% | 32.60% |
In the current month, the average price target of Patterson Companies stock is $28.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 28.03% increase as opposed to Patterson Companies's last price of $21.87. This month's average price target is down -1.75% compared to last quarter, and down -3.45% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 10, 2024 | Zacks Investment Research | Negative | Negative | Hold |
| Jun 20, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| Jun 14, 2024 | Credit Suisse | Outperform | Outperform | Hold |
| Jun 14, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jun 10, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| May 20, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Feb 29, 2024 | Piper Sandler | Overweight | Neutral | Downgrade |
| Oct 17, 2022 | Piper Sandler | Overweight | Overweight | Hold |
| Sep 06, 2022 | Goldman Sachs | Neutral | Neutral | Hold |
| Jun 30, 2022 | Credit Suisse | Outperform | Outperform | Hold |
Patterson Companies's last stock rating was published by Zacks Investment Research on Sep 10, 2024. The company gave PDCO a "Negative" rating, the same as its previous rate.
Patterson Companies Financial Forecast
Patterson Companies Revenue Forecast
| Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.62B | $1.65B | $1.58B | $1.72B | $1.60B | $1.63B | $1.52B | $1.64B | $1.60B | $1.65B | $1.61B | $1.56B | $1.55B | $1.55B | $1.25B | $1.29B | $1.46B |
| Avg Forecast | $1.90B | $1.80B | $1.83B | $1.69B | $1.83B | $1.71B | $1.73B | $1.61B | $1.78B | $1.65B | $1.66B | $1.59B | $1.70B | $1.62B | $1.70B | $1.58B | $1.66B | $1.62B | $1.67B | $1.55B | $1.60B | $1.63B | $1.58B | $1.46B | $1.52B | $1.50B | $1.42B | $1.18B | $1.24B | $1.42B |
| High Forecast | $1.94B | $1.83B | $1.86B | $1.72B | $1.87B | $1.74B | $1.76B | $1.64B | $1.81B | $1.69B | $1.69B | $1.62B | $1.73B | $1.65B | $1.72B | $1.60B | $1.69B | $1.65B | $1.70B | $1.60B | $1.62B | $1.66B | $1.61B | $1.49B | $1.55B | $1.53B | $1.44B | $1.20B | $1.26B | $1.44B |
| Low Forecast | $1.87B | $1.77B | $1.80B | $1.66B | $1.81B | $1.68B | $1.70B | $1.59B | $1.75B | $1.62B | $1.65B | $1.57B | $1.67B | $1.60B | $1.68B | $1.55B | $1.63B | $1.60B | $1.65B | $1.53B | $1.57B | $1.60B | $1.55B | $1.43B | $1.49B | $1.47B | $1.39B | $1.16B | $1.22B | $1.39B |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 6 | 8 | 6 | 4 | 6 | 3 | 5 | 3 | 5 | 4 | 6 | 4 | 11 | 7 | 7 | 7 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.97% | 1.00% | 1.04% | 0.99% | 0.97% | 0.98% | 1.03% | 0.98% | 1.04% | 1.10% | 1.03% | 1.03% | 1.10% | 1.05% | 1.04% | 1.03% |
Patterson Companies's average Quarter revenue forecast for Apr 24 based on 3 analysts is $1.70B, with a low forecast of $1.67B, and a high forecast of $1.73B. PDCO's average Quarter revenue forecast represents a 5.19% increase compared to the company's last Quarter revenue of $1.62B (Jan 24).
Patterson Companies EBITDA Forecast
| Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 6 | 8 | 6 | 4 | 6 | 3 | 5 | 3 | 5 | 4 | 6 | 4 | 11 | 7 | 7 | 7 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $70.01M | $56.90M | $38.22M | $105.11M | $79.02M | $81.01M | $55.02M | $86.16M | $100.97M | $90.52M | $70.43M | $62.16M | $85.67M | $96.18M | $59.98M | $-604.96M | $67.00M |
| Avg Forecast | $92.16M | $87.01M | $88.73M | $81.78M | $88.84M | $82.73M | $83.72M | $77.99M | $86.00M | $79.79M | $80.40M | $77.06M | $109.95M | $78.53M | $82.27M | $76.32M | $99.96M | $78.56M | $67.28M | $75.05M | $73.79M | $76.04M | $61.17M | $79.75M | $75.78M | $78.57M | $37.49M | $-524.30M | $48.89M | $2.55M |
| High Forecast | $93.73M | $88.49M | $90.24M | $83.17M | $90.36M | $84.14M | $85.15M | $79.32M | $87.47M | $81.75M | $81.87M | $78.38M | $131.94M | $79.87M | $83.23M | $77.62M | $119.95M | $79.90M | $80.74M | $77.30M | $75.05M | $91.24M | $73.40M | $95.70M | $90.94M | $94.29M | $44.98M | $-419.44M | $58.67M | $3.06M |
| Low Forecast | $90.73M | $85.66M | $87.35M | $80.51M | $87.46M | $81.45M | $82.42M | $76.78M | $84.67M | $78.32M | $79.91M | $75.87M | $87.96M | $77.31M | $81.31M | $75.13M | $79.97M | $77.34M | $53.83M | $74.12M | $72.61M | $60.83M | $48.93M | $63.80M | $60.63M | $62.86M | $29.99M | $-629.15M | $39.11M | $2.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.89% | 0.69% | 0.50% | 1.05% | 1.01% | 1.20% | 0.73% | 1.17% | 1.33% | 1.48% | 0.88% | 0.82% | 1.09% | 2.57% | -0.11% | -12.37% | 26.30% |
3 analysts predict PDCO's average Quarter EBITDA for Apr 24 to be $109.95M, with a high of $131.94M and a low of $87.96M. This is 57.05% upper than Patterson Companies's previous annual EBITDA (Jan 24) of $70.01M.
Patterson Companies Net Income Forecast
| Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 6 | 8 | 6 | 4 | 6 | 3 | 5 | 3 | 5 | 4 | 6 | 4 | 11 | 7 | 7 | 7 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $47.70M | $39.96M | $31.23M | $74.84M | $53.93M | $54.07M | $24.59M | $63.88M | $56.58M | $47.94M | $34.00M | $28.75M | $48.76M | $54.06M | $24.41M | $-608.59M | $23.23M |
| Avg Forecast | $91.05M | $67.01M | $53.98M | $30.23M | $84.89M | $59.92M | $49.45M | $28.94M | $82.45M | $58.00M | $43.93M | $28.93M | $62.08M | $52.94M | $51.91M | $35.34M | $56.44M | $53.42M | $32.48M | $33.97M | $51.38M | $40.60M | $29.52M | $36.89M | $43.13M | $44.08M | $15.25M | $-527.44M | $16.95M | $-28.26M |
| High Forecast | $93.07M | $68.49M | $55.17M | $30.90M | $86.78M | $61.24M | $50.55M | $29.58M | $84.28M | $62.46M | $45.68M | $29.57M | $74.50M | $54.12M | $54.54M | $36.12M | $67.72M | $54.60M | $38.97M | $35.29M | $52.53M | $48.72M | $35.43M | $44.27M | $51.76M | $52.90M | $18.31M | $-421.95M | $20.34M | $-22.61M |
| Low Forecast | $89.21M | $65.66M | $52.89M | $29.62M | $83.18M | $58.71M | $48.45M | $28.35M | $80.79M | $52.64M | $41.29M | $28.35M | $49.66M | $51.88M | $47.51M | $34.63M | $45.15M | $52.34M | $25.98M | $33.42M | $50.32M | $32.48M | $23.62M | $29.51M | $34.51M | $35.27M | $12.20M | $-632.93M | $13.56M | $-33.91M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.77% | 0.88% | 1.33% | 1.01% | 1.67% | 0.72% | 1.24% | 1.39% | 1.62% | 0.92% | 0.67% | 1.11% | 3.54% | -0.05% | -35.91% | -0.82% |
Patterson Companies's average Quarter net income forecast for Apr 24 is $62.08M, with a range of $49.66M to $74.50M. PDCO's average Quarter net income forecast represents a 30.14% increase compared to the company's last Quarter net income of $47.70M (Jan 24).
Patterson Companies SG&A Forecast
| Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 6 | 8 | 6 | 4 | 6 | 3 | 5 | 3 | 5 | 4 | 6 | 4 | 11 | 7 | 7 | 7 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $330.10M | $311.64M | $317.81M | $292.92M | $318.21M | $296.33M | $299.88M | $279.36M | $308.04M | $285.79M | $287.97M | $276.03M | $294.83M | $281.28M | $294.69M | $273.35M | $287.61M | $281.39M | $290.09M | $268.80M | $280.22M | $285.74M | $277.94M | $256.74M | $266.74M | $263.76M | $249.03M | $207.73M | $217.91M | $248.91M |
| High Forecast | $335.73M | $316.95M | $323.23M | $297.91M | $323.64M | $301.39M | $304.99M | $284.12M | $313.30M | $292.80M | $293.24M | $280.73M | $299.86M | $286.08M | $298.13M | $278.01M | $292.52M | $286.19M | $295.03M | $276.87M | $285.03M | $290.76M | $282.82M | $261.25M | $271.42M | $268.39M | $253.40M | $211.38M | $221.73M | $253.28M |
| Low Forecast | $324.98M | $306.80M | $312.88M | $288.37M | $313.28M | $291.74M | $295.23M | $275.03M | $303.27M | $280.53M | $286.21M | $271.75M | $290.26M | $276.92M | $291.24M | $269.11M | $283.15M | $277.03M | $285.59M | $265.48M | $275.75M | $280.23M | $272.57M | $251.79M | $261.59M | $258.67M | $244.22M | $203.72M | $213.70M | $244.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Patterson Companies's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to PDCO last annual SG&A of $NaN (undefined).
Patterson Companies EPS Forecast
| Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 6 | 8 | 6 | 4 | 6 | 3 | 5 | 3 | 5 | 4 | 6 | 4 | 11 | 7 | 7 | 7 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.52 | $0.42 | $0.33 | $0.77 | $0.55 | $0.56 | $0.25 | $0.66 | $0.58 | $0.49 | $0.35 | $0.30 | $0.51 | $0.57 | $0.26 | $-6.44 | $0.25 |
| Avg Forecast | $1.03 | $0.76 | $0.61 | $0.34 | $0.96 | $0.68 | $0.56 | $0.33 | $0.93 | $0.65 | $0.50 | $0.33 | $0.82 | $0.60 | $0.59 | $0.40 | $0.70 | $0.60 | $0.57 | $0.38 | $0.56 | $0.50 | $0.51 | $0.37 | $0.52 | $0.51 | $0.38 | $0.23 | $0.18 | $0.38 |
| High Forecast | $1.05 | $0.77 | $0.62 | $0.35 | $0.98 | $0.69 | $0.57 | $0.33 | $0.95 | $0.70 | $0.52 | $0.33 | $0.84 | $0.61 | $0.62 | $0.41 | $0.71 | $0.62 | $0.59 | $0.39 | $0.57 | $0.51 | $0.52 | $0.38 | $0.53 | $0.52 | $0.39 | $0.24 | $0.18 | $0.38 |
| Low Forecast | $1.01 | $0.74 | $0.60 | $0.33 | $0.94 | $0.66 | $0.55 | $0.32 | $0.91 | $0.59 | $0.47 | $0.32 | $0.81 | $0.59 | $0.54 | $0.39 | $0.68 | $0.59 | $0.56 | $0.37 | $0.54 | $0.49 | $0.49 | $0.36 | $0.50 | $0.50 | $0.37 | $0.23 | $0.17 | $0.37 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.72% | 0.83% | 1.10% | 0.91% | 0.98% | 0.66% | 1.19% | 1.16% | 0.97% | 0.94% | 0.58% | 1.00% | 1.50% | 1.12% | -36.03% | 0.67% |
According to 3 Wall Street analysts, Patterson Companies's projected average Quarter EPS for Apr 24 is $0.82, with a low estimate of $0.81 and a high estimate of $0.84. This represents a 58.24% increase compared to PDCO previous annual EPS of $0.52 (Jan 24).
Patterson Companies Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EDAP | EDAP TMS | $3.24 | $19.00 | 486.42% | Buy |
| OMI | Owens & Minor | $15.53 | $32.00 | 106.05% | Buy |
| PDCO | Patterson Companies | $21.87 | $29.83 | 36.40% | Hold |
| HSIC | Henry Schein | $70.38 | $81.33 | 15.56% | Buy |
| MCK | McKesson | $518.81 | $517.60 | -0.23% | Buy |
| ABC | Cencora | $179.98 | $171.00 | -4.99% | Buy |
| CAH | Cardinal Health | $113.17 | $100.43 | -11.26% | Buy |
PDCO Forecast FAQ
Is Patterson Companies a good buy?
No, according to 6 Wall Street analysts, Patterson Companies (PDCO) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 33.33% of PDCO's total ratings.
What is PDCO's price target?
Patterson Companies (PDCO) average price target is $29.83 with a range of $28 to $37, implying a 36.40% from its last price of $21.87. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Patterson Companies stock go up soon?
According to Wall Street analysts' prediction for PDCO stock, the company can go up by 36.40% (from the last price of $21.87 to the average price target of $29.83), up by 69.18% based on the highest stock price target, and up by 28.03% based on the lowest stock price target.
Can Patterson Companies stock reach $30?
PDCO's highest twelve months analyst stock price target of $37 supports the claim that Patterson Companies can reach $30 in the near future.
What is Patterson Companies's current price target trend?
1 Wall Street analyst forecast a $28 price target for Patterson Companies (PDCO) this month, up 28.03% from its last price of $21.87. Compared to the last 3 and 12 months, the average price target increased by 30.32% and increased by 32.60%, respectively.
What are Patterson Companies's analysts' financial forecasts?
Patterson Companies's analysts financial forecasts for the fiscal year (Apr 2026) are as follows: average revenue is $6.88B (high $7B, low $6.78B), average EBITDA is $333.29M (high $338.97M, low $328.12M), average net income is $223.2M (high $228.14M, low $218.7M), average SG&A $1.19B (high $1.21B, low $1.18B), and average EPS is $2.52 (high $2.57, low $2.47). PDCO's analysts financial forecasts for the fiscal year (Apr 2027) are as follows: average revenue is $7.22B (high $7.34B, low $7.11B), average EBITDA is $349.67M (high $355.63M, low $344.25M), average net income is $242.26M (high $247.63M, low $237.38M), average SG&A $1.25B (high $1.27B, low $1.23B), and average EPS is $2.73 (high $2.79, low $2.68).
Did the PDCO's actual financial results beat the analysts' financial forecasts?
Based on Patterson Companies's last annual report (Apr 2023), the company's revenue was $6.47B, which missed the average analysts forecast of $6.5B by -0.48%. Apple's EBITDA was $275.97M, missing the average prediction of $320.85M by -13.99%. The company's net income was $206.6M, beating the average estimation of $176.3M by 17.19%. Apple's SG&A was $0, missing the average forecast of $1.13B by -100.00%. Lastly, the company's EPS was $2.13, missing the average prediction of $2.25 by -5.34%. In terms of the last quarterly report (Jan 2024), Patterson Companies's revenue was $1.62B, missing the average analysts' forecast of $1.62B by -0.35%. The company's EBITDA was $70.01M, missing the average prediction of $78.53M by -10.85%. Patterson Companies's net income was $47.7M, missing the average estimation of $52.94M by -9.90%. The company's SG&A was $0, missing the average forecast of $281.28M by -100.00%. Lastly, the company's EPS was $0.52, missing the average prediction of $0.597 by -12.94%