Patterson Companies Earnings Estimate

PDCO
 Stock
  

USD 28.36  0.93  3.18%   

Many public companies, such as Patterson Companies, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Patterson Companies' earnings estimates, investors can diagnose different trends across Patterson Companies' analyst sentiment over time as well as compare current estimates against different timeframes.
Patterson Companies is projected to generate 2.08 in earnings per share on the 31st of December 2022. Patterson Companies earnings estimates module stress-tests analyst consensus about projected Patterson Companies EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please check Your Equity Center.
  
Profit Margin is expected to rise to 3.50 this year, although the value of Gross Profit will most likely fall to about 1.5 B.

Patterson Companies Earnings Estimation Breakdown

Calculation of earning per share of Patterson Companies is based on official Zacks consensus of 4 analysts regarding Patterson Companies future annual earnings. Given the historical accuracy of 78.76%, the future earnings per share of Patterson Companies is estimated to be 2.08 with the lowest and highest values of 2.06 and 2.1, respectively. Please note that this consensus of annual earnings estimates for Patterson Companies is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS -5.05
2.06
Lowest
Expected EPS 2.08
2.10
Highest

Patterson Companies Earnings Projection Consensus

Suppose the current estimates of Patterson Companies' value are higher than the current market price of the Patterson Companies stock. In this case, investors may conclude that Patterson Companies is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Patterson Companies' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2022

4

78.76%

-5.05

2.08

Patterson Companies Earnings per Share Projection vs Actual

Actual Earning per Share of Patterson Companies refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Patterson Companies predict the company's earnings will be in the future. The higher the earnings per share of Patterson Companies, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Patterson Companies Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Patterson Companies, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Patterson Companies should always be considered in relation to other companies to make a more educated investment decision.

Patterson Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Patterson Companies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-09-01
2022-07-310.380.32-0.0615 
2022-06-29
2022-04-300.560.710.1526 
2022-03-02
2022-01-310.50.550.0510 
2021-12-01
2021-10-310.50.580.0816 
2021-09-02
2021-07-310.380.430.0513 
2021-06-23
2021-04-300.520.38-0.1426 
2021-03-03
2021-01-310.520.580.0611 
2020-12-02
2020-10-310.380.630.2565 
2020-09-03
2020-07-310.240.330.0937 
2020-06-24
2020-04-300.150.430.28186 
2020-02-27
2020-01-310.370.470.127 
2019-12-05
2019-10-310.340.390.0514 
2019-08-29
2019-07-310.240.270.0312 
2019-06-26
2019-04-300.40.37-0.03
2019-02-28
2019-01-310.380.380
2018-12-06
2018-10-310.370.390.02
2018-08-30
2018-07-310.340.26-0.0823 
2018-06-21
2018-04-300.30.30
2018-03-01
2018-01-310.520.43-0.0917 
2017-11-21
2017-10-310.540.51-0.03
2017-08-24
2017-07-310.440.440
2017-05-25
2017-04-300.650.690.04
2017-02-23
2017-01-310.570.580.01
2016-11-22
2016-10-310.60.56-0.04
2016-08-25
2016-07-310.510.510
2016-05-26
2016-04-300.750.770.02
2016-02-25
2016-01-310.670.680.01
2015-11-24
2015-10-310.60.56-0.04
2015-08-27
2015-07-310.540.47-0.0712 
2015-05-21
2015-04-300.650.680.03
2015-02-19
2015-01-310.590.55-0.04
2014-11-20
2014-10-310.510.540.03
2014-08-21
2014-07-310.50.50
2014-05-22
2014-04-300.660.61-0.05
2014-02-20
2014-01-310.570.570
2013-11-21
2013-10-310.470.480.01
2013-08-22
2013-07-310.480.46-0.02
2013-05-23
2013-04-300.620.620
2013-02-21
2013-01-310.520.520
2012-11-20
2012-10-310.480.44-0.04
2012-08-23
2012-07-310.490.47-0.02
2012-05-24
2012-04-300.560.580.02
2012-02-23
2012-01-310.50.50
2011-11-22
2011-10-310.460.43-0.03
2011-08-25
2011-07-310.440.42-0.02
2011-05-26
2011-04-300.510.530.02
2011-02-24
2011-01-310.480.47-0.01
2010-11-23
2010-10-310.450.450
2010-08-26
2010-07-310.440.450.01
2010-05-20
2010-04-300.50.520.02
2010-02-18
2010-01-310.470.470
2009-11-19
2009-10-310.410.410
2009-08-20
2009-07-310.370.380.01
2009-05-21
2009-04-300.50.46-0.04
2009-02-19
2009-01-310.440.450.01
2008-11-20
2008-10-310.460.4-0.0613 
2008-08-21
2008-07-310.390.390
2008-05-22
2008-04-300.510.510
2008-02-21
2008-01-310.450.450
2007-11-21
2007-10-310.40.39-0.01
2007-08-23
2007-07-310.350.350
2007-05-24
2007-04-300.450.44-0.01
2007-02-22
2007-01-310.440.43-0.01
2006-11-22
2006-10-310.340.350.01
2006-08-24
2006-07-310.320.3-0.02
2006-05-25
2006-04-300.410.410
2006-02-23
2006-01-310.390.390
2005-11-23
2005-10-310.330.32-0.01
2005-08-25
2005-07-310.320.31-0.01
2005-05-26
2005-04-300.390.36-0.03
2005-02-24
2005-01-310.360.360
2004-11-24
2004-10-310.320.31-0.01
2004-08-26
2004-07-310.30.30
2004-05-20
2004-04-300.330.330
2004-02-19
2004-01-310.290.290
2003-11-20
2003-10-310.250.260.01
2003-08-20
2003-07-310.220.220
2003-05-22
2003-04-300.240.250.01
2003-02-20
2003-01-310.210.220.01
2002-11-21
2002-10-310.210.2-0.01
2002-08-22
2002-07-310.180.190.01
2002-05-23
2002-04-300.190.20.01
2002-02-20
2002-01-310.180.180
2001-11-20
2001-10-310.170.170
2001-08-23
2001-07-310.140.140
2001-05-24
2001-04-300.160.160
2001-02-22
2001-01-310.150.150
2000-11-20
2000-10-310.130.140.01
2000-08-24
2000-07-310.120.120
2000-05-25
2000-04-300.130.130
2000-02-24
2000-01-310.120.130.01
1999-11-22
1999-10-310.110.110
1999-08-26
1999-07-310.10.110.0110 
1999-05-20
1999-04-300.10.110.0110 
1999-02-18
1999-01-310.10.10
1998-11-19
1998-10-310.090.090
1998-08-20
1998-07-310.080.080
1998-05-21
1998-04-300.090.090
1998-02-17
1998-01-310.080.080
1997-11-20
1997-10-310.070.080.0114 
1997-08-14
1997-07-310.060.060
1997-05-22
1997-04-300.070.070
1997-02-18
1997-01-310.060.070.0116 
1996-11-21
1996-10-310.060.060
1996-08-15
1996-07-310.050.050
1996-05-29
1996-04-300.060.060
1996-02-14
1996-01-310.050.050

About Patterson Companies Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Patterson Companies earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Patterson Companies estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Patterson Companies fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.

Patterson Companies Investors Sentiment

The influence of Patterson Companies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Patterson. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Patterson Companies' public news can be used to forecast risks associated with investment in Patterson. The trend in average sentiment can be used to explain how an investor holding Patterson can time the market purely based on public headlines and social activities around Patterson Companies. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Patterson Companies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Patterson Companies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Patterson Companies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Patterson Companies.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Patterson Companies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Patterson Companies' short interest history, or implied volatility extrapolated from Patterson Companies options trading.

Currently Active Assets on Macroaxis

Please check Your Equity Center. Note that the Patterson Companies information on this page should be used as a complementary analysis to other Patterson Companies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Patterson Companies price analysis, check to measure Patterson Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Patterson Companies is operating at the current time. Most of Patterson Companies' value examination focuses on studying past and present price action to predict the probability of Patterson Companies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Patterson Companies' price. Additionally, you may evaluate how the addition of Patterson Companies to your portfolios can decrease your overall portfolio volatility.
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Is Patterson Companies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patterson Companies. If investors know Patterson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patterson Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.29) 
Market Capitalization
2.8 B
Quarterly Revenue Growth YOY
(0.06) 
Return On Assets
0.0534
Return On Equity
0.19
The market value of Patterson Companies is measured differently than its book value, which is the value of Patterson that is recorded on the company's balance sheet. Investors also form their own opinion of Patterson Companies' value that differs from its market value or its book value, called intrinsic value, which is Patterson Companies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patterson Companies' market value can be influenced by many factors that don't directly affect Patterson Companies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Patterson Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine Patterson Companies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patterson Companies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.