- Patterson Companies (PDCO, Financial) faces stock challenges due to debt financing delays in its $3.4 billion sale.
- Analysts provide a one-year price target average of $30.28, with potential downside for current investors.
- GuruFocus estimates suggest a slight potential upside based on the GF Value assessment.
Patterson Companies (PDCO) has recently encountered a minor setback, with its stock declining by 0.9%. This dip is primarily attributed to delays in debt financing connected to its $3.4 billion acquisition by Patient Square, exacerbated by ongoing market volatility. The company is now revisiting the terms of its $2.35 billion debt package, initially slated for completion this month.
Analyst Price Targets and Recommendations
Patterson Companies Inc (PDCO, Financial) has been a focal point for analysts, who have forecast a one-year average target price of $30.28 based on evaluations from 10 experts. This range features a high estimate of $31.35, contrasting with a low of $24.00. Current stockholders should note that this average target suggests a potential downside of 2.01% from the present trading price of $30.90. For those interested in a more comprehensive analysis, visit the Patterson Companies Inc (PDCO) Forecast page.
Moreover, 13 brokerage firms have collectively assigned Patterson Companies Inc a consensus rating of 2.8, categorizing it as a "Hold." This rating resides on a scale from 1 to 5, where 1 is seen as "Strong Buy" and 5 as "Sell."
Assessment of GF Value and Future Outlook
According to GuruFocus estimates, the projected GF Value for Patterson Companies Inc (PDCO, Financial) over the next year stands at $32.17. This projection indicates a potential upside of 4.13% from the current share price of $30.895. The GF Value is GuruFocus' proprietary metric, reflecting what the stock should ideally trade at, derived from historical trading multiples and anticipated future business performance. Investors seeking detailed data can learn more on the Patterson Companies Inc (PDCO) Summary page.
