Credit Suisse (SIX:CSGN) analyst Erin Wright maintained a Buy rating on Patterson Companies Inc (NASDAQ:PDCO) on Tuesday, setting a price target of $29, which is approximately 0.03% below the present share price of $29.01.
Wright expects Patterson Companies Inc to post earnings per share (EPS) of -$6.44 for the third quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Hold rating of shares in Patterson Companies, with an average price target of $22.78.
The analysts price targets range from a high of $31 to a low of $18.
In its latest earnings report, released on 04/30/2020, the company reported a quarterly revenue of $1.29 billion and a net profit of $60.59 million. The company's market cap is $2.79 billion.
According to TipRanks.com, Credit Suisse analyst Erin Wright is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.4% and a 67.86% success rate.
Patterson Cos., Inc. engages in dental and animal health supplies. It operates through the following segments: Dental, Animal Health, and Corporate. The Dental segment provides a virtually complete range of consumable dental products, equipment and software, turnkey digital solutions an value-added services to dentists and dental laboratories. The Animal Health segment distributes animal health products, services and technologies to both the production-animal and companion-pet markets. The Corporate segment comprises general and administrative expenses, including home office support costs in areas such as information technology, finance, legal, human resources and facilities. The company was founded by John Patterson and Myron Fayette Patterson in 1877 and is headquartered in St. Paul, MN.