Wall Street Analyst Actions To Watch: Patterson Companies, Inc. (PDCO), Honeywell International Inc. (HON)

Patterson Companies, Inc. (NASDAQ:PDCO) was more active in the last trading session as around 8.09 million shares exchanged hands on Wall Street, representing an increase from its normal capacity of 1.66 million shares. A -1.08% change after the initial price of $37.07, sent the closing price to $36.55.

Patterson Companies, Inc. (PDCO) Analyst Opinion

Patterson Companies, Inc. has a consensus hold rating from 14 Wall Street analysts, and the number of shares currently sold short amount to at least 16.08% of shares outstanding. The stock sank -1.22% last month and is down -10.92 this year. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover PDCO having a buy-equivalent rating. Analysts have placed a $39.09 price target on Patterson Companies, Inc., suggesting a 6.95% gain from recent close. It’s currently trading about -24.32% below its 52-week high.

Patterson Companies, Inc. Earnings Surprise

Patterson Companies, Inc. (PDCO) failed to surprise the stock market in its last reported earnings when it earned $0.51 a piece versus the consensus-estimated $0.54. Its revenue totaled $1.42 billion up 9.1% from the previous quarter.

Patterson Companies, Inc. (NASDAQ:PDCO) Intraday View

This stock (PDCO) is ahead of its 52-week low with 13.97%. Its last month’s stock price volatility remained 3.16% which for the week stands at 3.46%. The share price has moved forward from its 20 days moving average, trading at a distance of 4.01% and stays -1.05% away from its 50 days moving average. Over the last five days, shares have managed 3.57% gains and now is down -12.26% since hitting its 200-day moving average of $40.38. Patterson Companies, Inc. (PDCO) has made its way to a 12-month decline of -5.65%.

Turning to Honeywell International Inc. (NYSE:HON), its shares were trading at $155.96 a gain of $2.72, on the trading floor. The stock, after opening at $153.93, touched a high of $156.7 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.7. Honeywell International Inc. has 10 buy ratings, 3 holds and 0 sells even after the stock climbed 1.56% from its high of $153.56 to a $118.87 billion market value through last close.

Honeywell International Inc. (HON) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 1.7 to 1.61 during a month. Analysts set a 12-month price target of $154.06 a share. The target implies a -1.22% decrease from where the shares are currently trading. Also, the current price highlights a discount of 9.64% to analysts’ high consensus price target.

Honeywell International Inc. (NYSE:HON) Intraday Trading

The counter witnessed a trading volume of 5.68 million shares versus an average volume of 2.58 million shares during last trading session. Its last month’s stock price volatility remained 1.2% which for the week approaches 0.99%. The lowest price the stock reached in the last trading day was $153.43 and compares with the $112.17 52-week low. The stock recovered 39.04% since its low point and has performed 34.62% year-to-date.

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