NASDAQ:PDCO Patterson Companies (PDCO) Stock Forecast, Price & News $26.50 +0.30 (+1.15%) (As of 05/26/2023 04:00 PM ET) Add Compare Share Share Today's Range$26.05▼$26.6150-Day Range$26.02▼$27.4252-Week Range$23.87▼$31.88Volume503,000 shsAverage Volume691,867 shsMarket Capitalization$2.59 billionP/E Ratio13.25Dividend Yield3.92%Price Target$33.80 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Patterson Companies MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside27.5% Upside$33.80 Price TargetShort InterestHealthy3.87% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.36Upright™ Environmental ScoreNews Sentiment0.06Based on 26 Articles This WeekInsider TradingN/AProj. Earnings Growth2.63%From $2.28 to $2.34 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.49 out of 5 starsMedical Sector139th out of 1,010 stocksMedical & Hospital Equipment Industry1st out of 3 stocks 3.3 Analyst's Opinion Consensus RatingPatterson Companies has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $33.80, Patterson Companies has a forecasted upside of 27.5% from its current price of $26.50.Amount of Analyst CoveragePatterson Companies has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.87% of the float of Patterson Companies has been sold short.Short Interest Ratio / Days to CoverPatterson Companies has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Patterson Companies has recently decreased by 1.17%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipPatterson Companies is a leading dividend payer. It pays a dividend yield of 3.92%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPatterson Companies does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Patterson Companies is 52.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Patterson Companies will have a dividend payout ratio of 44.44% next year. This indicates that Patterson Companies will be able to sustain or increase its dividend. Previous Next 1.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePatterson Companies has received a -13.94% net impact score from Upright. The largest negative impact of Patterson Companies in category "GHG emissions" seems to be driven mostly by its "Wholesale of livestock equipment", "Wholesale of veterinary drugs and healthcare products for production animals", and "Wholesale of veterinary drugs and healthcare products for pet animals" products. See details.Environmental SustainabilityThe Environmental Impact score for Patterson Companies is -1.36. Previous Next 1.7 News and Social Media Coverage News SentimentPatterson Companies has a news sentiment score of 0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 26 news articles for Patterson Companies this week, compared to 10 articles on an average week.Search InterestOnly 1 people have searched for PDCO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Patterson Companies to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Patterson Companies insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.10% of the stock of Patterson Companies is held by insiders.Percentage Held by Institutions81.09% of the stock of Patterson Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Patterson Companies are expected to grow by 2.63% in the coming year, from $2.28 to $2.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Patterson Companies is 13.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Patterson Companies is 13.25, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 81.52.Price to Earnings Growth RatioPatterson Companies has a PEG Ratio of 1.57. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPatterson Companies has a P/B Ratio of 2.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Patterson Companies (NASDAQ:PDCO) StockPatterson Cos., Inc. provides products, technologies, services, and business solutions to the dental and animal health markets. It operates through the following segments: Dental, Animal Health, and Corporate. The Dental segment provides consumable dental products, equipment and software, turnkey digital solutions, and value-added services to dentists, dental laboratories, institutions, and other healthcare professionals. The Animal Health segment distributes animal health products, services, and technologies to both the production-animal and companion-pet markets. The Corporate segment consists of 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.Read More Receive PDCO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Patterson Companies and its competitors with MarketBeat's FREE daily newsletter. Email Address PDCO Stock News HeadlinesMay 27, 2023 | news.yahoo.comCompany gets $116M contract to renovate Air Force Materiel Command headquarters at Wright-Patterson AFBMay 27, 2023 | news.yahoo.comUnsolved: Eric Robert spent time on death row. Did he kidnap Alexis Patterson?May 29, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 26, 2023 | msn.comLions Trade Draft Pick to Bring Back Kicker Riley PattersonMay 25, 2023 | msn.comJaguars trade Riley Patterson to Lions in bizarre turn of eventsMay 25, 2023 | msn.comStudent not returning to campus this year after alleged threat to Patterson schoolMay 25, 2023 | msn.comStudent allegedly behind threat to Patterson High identified; threat was not credible, police sayMay 25, 2023 | msn.comJaguars Trade Riley Patterson to LionsMay 29, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 25, 2023 | news.yahoo.comDA asks for tighter bail restrictions on Anthony PattersonMay 25, 2023 | msn.comThe Lions make a trade to bring back kicker Riley PattersonMay 25, 2023 | msn.com3 Observations on the Jaguars Replacing Riley Patterson With Brandon McManusMay 25, 2023 | msn.comJaguars reportedly trade K Riley Patterson to LionsMay 25, 2023 | msn.com2024 DB Target Mykel Patterson-McDonald Says Oklahoma Offer Brought 'A Lot of Joy'May 25, 2023 | sports.yahoo.comJaguars sign K Brandon McManus, waive K Riley PattersonMay 25, 2023 | finance.yahoo.comPatterson Companies Strengthens Leadership Team With New Chief Human Resources Officer and Director of Diversity, Equity and InclusionMay 25, 2023 | msn.comEverton: Nathan Patterson set to miss Bournemouth gameMay 24, 2023 | msn.comPatterson Mill softball rallies but loses on walk-off to North Dorchester, 5-4, in Class 1A state semifinalMay 24, 2023 | msn.comUCLA Football Reels in Class of 2024 Linebacker Isaiah PattersonMay 24, 2023 | finance.yahoo.comPDCO or CNMD: Which Is the Better Value Stock Right Now?May 24, 2023 | news.yahoo.comEric Robert kidnapped a teen and spent time on death row. Did he abduct Alexis Patterson?May 23, 2023 | msn.comDominic Calvert-Lewin and Nathan Patterson injury latest ahead of Everton v BournemouthMay 22, 2023 | yahoo.comWhy Newsom chose a sun-baked hillside west of Patterson to push his infrastructure planMay 22, 2023 | americanbankingnews.comPatterson Companies (NASDAQ:PDCO) Earns Buy Rating from Analysts at StockNews.comMay 21, 2023 | omaha.comPatterson, Mark and DennisMay 21, 2023 | msn.comJames Patterson to Co-Author True Crime Book About Idaho Student MurdersMay 20, 2023 | news.yahoo.comUnsolved: Did serial killer Israel Keyes have a link to the Alexis Patterson case?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PDCO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Patterson Companies and its competitors with MarketBeat's FREE daily newsletter. Email Address PDCO Company Calendar Last Earnings3/02/2023Ex-Dividend for 5/5 Dividend4/20/2023Dividend Payable5/05/2023Today5/28/2023Next Earnings (Estimated)7/05/2023Fiscal Year End4/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Medical & hospital equipment Sub-IndustryHealth Care Distributors SectorMedical Current SymbolNASDAQ:PDCO CUSIP70339510 CIK891024 Webwww.pattersoncompanies.com Phone(651) 686-1600Fax651-686-9331Employees7,700Year Founded1877Price Target and Rating Average Stock Price Forecast$33.80 High Stock Price Forecast$39.00 Low Stock Price Forecast$30.00 Forecasted Upside/Downside+27.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.00 Trailing P/E Ratio13.25 Forward P/E Ratio11.62 P/E Growth1.57Net Income$203.21 million Net Margins3.08% Pretax Margin3.97% Return on Equity21.30% Return on Assets7.93% Debt Debt-to-Equity Ratio0.41 Current Ratio1.57 Quick Ratio0.77 Sales & Book Value Annual Sales$6.50 billion Price / Sales0.40 Cash Flow$3.13 per share Price / Cash Flow8.46 Book Value$10.68 per share Price / Book2.48Miscellaneous Outstanding Shares97,710,000Free Float95,656,000Market Cap$2.59 billion OptionableOptionable Beta1.24 Social Links Key ExecutivesDon ZurbayPresident, Chief Executive Officer & DirectorKevin Michael PohlmanChief Operating OfficerKevin BarryChief Financial OfficerDave LardyChief Information OfficerShivani Prabhakar KaulChief Compliance OfficerKey CompetitorsOwens & MinorNYSE:OMIHenry ScheinNASDAQ:HSICBeam TherapeuticsNASDAQ:BEAMInsmedNASDAQ:INSMOlink Holding AB (publ)NASDAQ:OLKView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 3,716 shares on 5/26/2023Ownership: 0.021%Toroso Investments LLCBought 2,796 shares on 5/23/2023Ownership: 0.036%Trivant Custom Portfolio Group LLCBought 2,225 shares on 5/19/2023Ownership: 0.002%JPMorgan Chase & Co.Bought 59,083 shares on 5/18/2023Ownership: 0.680%New York State Common Retirement FundSold 19,583 shares on 5/18/2023Ownership: 0.047%View All Insider TransactionsView All Institutional Transactions PDCO Stock - Frequently Asked Questions Should I buy or sell Patterson Companies stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Patterson Companies in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PDCO shares. View PDCO analyst ratings or view top-rated stocks. What is Patterson Companies' stock price forecast for 2023? 4 analysts have issued 12 month price targets for Patterson Companies' stock. Their PDCO share price forecasts range from $30.00 to $39.00. On average, they anticipate the company's share price to reach $33.80 in the next year. This suggests a possible upside of 27.5% from the stock's current price. View analysts price targets for PDCO or view top-rated stocks among Wall Street analysts. How have PDCO shares performed in 2023? Patterson Companies' stock was trading at $28.03 on January 1st, 2023. Since then, PDCO stock has decreased by 5.5% and is now trading at $26.50. View the best growth stocks for 2023 here. When is Patterson Companies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 5th 2023. View our PDCO earnings forecast. How were Patterson Companies' earnings last quarter? Patterson Companies, Inc. (NASDAQ:PDCO) issued its quarterly earnings results on Thursday, March, 2nd. The company reported $0.62 earnings per share for the quarter, beating analysts' consensus estimates of $0.60 by $0.02. The company earned $1.60 billion during the quarter, compared to analysts' expectations of $1.63 billion. Patterson Companies had a net margin of 3.08% and a trailing twelve-month return on equity of 21.30%. The firm's revenue was up .3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.55 EPS. How often does Patterson Companies pay dividends? What is the dividend yield for Patterson Companies? Patterson Companies announced a quarterly dividend on Tuesday, March 14th. Shareholders of record on Friday, April 21st will be paid a dividend of $0.26 per share on Friday, May 5th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date of this dividend is Thursday, April 20th. Read our dividend analysis for PDCO. What ETFs hold Patterson Companies' stock? ETFs with the largest weight of Patterson Companies (NASDAQ:PDCO) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Sound Equity Income ETF (SDEI), First Trust Small Cap US Equity Select ETF (RNSC), SPDR S&P Health Care Services ETF (XHS), Schwab Ariel ESG ETF (SAEF), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and Hartford Multifactor Small Cap ETF (ROSC). Is Patterson Companies a good dividend stock? Patterson Companies (NASDAQ:PDCO) pays an annual dividend of $1.04 per share and currently has a dividend yield of 3.92%. The dividend payout ratio is 52.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PDCO will have a dividend payout ratio of 44.44% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PDCO. What guidance has Patterson Companies issued on next quarter's earnings? Patterson Companies updated its FY 2023 earnings guidance on Thursday, March, 2nd. The company provided earnings per share guidance of $2.25-$2.30 for the period, compared to the consensus earnings per share estimate of $2.28. The company issued revenue guidance of -. What is Mark Walchirk's approval rating as Patterson Companies' CEO? 66 employees have rated Patterson Companies Chief Executive Officer Mark Walchirk on Glassdoor.com. Mark Walchirk has an approval rating of 95% among the company's employees. This puts Mark Walchirk in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Patterson Companies own? Based on aggregate information from My MarketBeat watchlists, some companies that other Patterson Companies investors own include AbbVie (ABBV), Gilead Sciences (GILD), AT&T (T), Cisco Systems (CSCO), Enterprise Products Partners (EPD), Henry Schein (HSIC), Abbott Laboratories (ABT), Advanced Micro Devices (AMD), Verizon Communications (VZ) and CVS Health (CVS). What is Patterson Companies' stock symbol? Patterson Companies trades on the NASDAQ under the ticker symbol "PDCO." Who are Patterson Companies' major shareholders? Patterson Companies' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (10.36%), Dimensional Fund Advisors LP (4.02%), State Street Corp (3.09%), River Road Asset Management LLC (2.87%), Nordea Investment Management AB (2.52%) and Price T Rowe Associates Inc. MD (2.10%). Insiders that own company stock include Andrea L Frohning, Donald Zurbay, Jody H Feragen, Kevin Michael Barry, Les B Korsh and Les B Korsh. View institutional ownership trends. How do I buy shares of Patterson Companies? Shares of PDCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Patterson Companies' stock price today? One share of PDCO stock can currently be purchased for approximately $26.50. How much money does Patterson Companies make? Patterson Companies (NASDAQ:PDCO) has a market capitalization of $2.59 billion and generates $6.50 billion in revenue each year. The company earns $203.21 million in net income (profit) each year or $2.00 on an earnings per share basis. How many employees does Patterson Companies have? The company employs 7,700 workers across the globe. How can I contact Patterson Companies? Patterson Companies' mailing address is 1031 MENDOTA HEIGHTS RD, ST PAUL MN, 55120. The official website for the company is www.pattersoncompanies.com. The company can be reached via phone at (651) 686-1600, via email at investor.relations@pattersoncompanies.com, or via fax at 651-686-9331. This page (NASDAQ:PDCO) was last updated on 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Patterson Companies, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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