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Critical asset just had biggest fall on record (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Laser breakthrough could send stock soaring 2,467% (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
Critical asset just had biggest fall on record (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
Critical asset just had biggest fall on record (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Laser breakthrough could send stock soaring 2,467% (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
Critical asset just had biggest fall on record (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
Critical asset just had biggest fall on record (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Laser breakthrough could send stock soaring 2,467% (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
Critical asset just had biggest fall on record (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
Critical asset just had biggest fall on record (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
NASDAQ:PDCO

Patterson Companies (PDCO) Stock Price, News & Analysis

$28.80
+0.48 (+1.69%)
(As of 02/23/2024 08:53 PM ET)
Today's Range
$28.27
$29.17
50-Day Range
$27.01
$30.36
52-Week Range
$25.00
$34.53
Volume
942,800 shs
Average Volume
1.31 million shs
Market Capitalization
$2.67 billion
P/E Ratio
13.98
Dividend Yield
3.61%
Price Target
$34.00

Patterson Companies MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
18.1% Upside
$34.00 Price Target
Short Interest
Healthy
4.39% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.36
Upright™ Environmental Score
News Sentiment
0.40mentions of Patterson Companies in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$90,912 Sold Last Quarter
Proj. Earnings Growth
7.14%
From $2.38 to $2.55 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.63 out of 5 stars

Medical Sector

79th out of 936 stocks

Medical & Hospital Equipment Industry

1st out of 3 stocks


PDCO stock logo

About Patterson Companies Stock (NASDAQ:PDCO)

Patterson Companies, Inc. engages in the distribution of dental and animal health products in the United States, the United Kingdom, and Canada. The company operates through three segments: Dental, Animal Health, and Corporate segments. The Dental segment offers consumable products, including infection control, restorative materials, and instruments; basic and advanced technology and dental equipment; practice optimization solutions, such as practice management software, e-commerce, revenue cycle management, patient engagement solutions, and clinical and patient education systems. It also provides a range of related services comprising software and design services, maintenance and repair, and equipment financing. The Animal Health segment distributes biologicals, pharmaceuticals, vaccines, parasiticides, diagnostics, prescription and non-prescription diets, nutritional's, consumable supplies, equipment, and software, as well as value-added services. This segment also provides private label portfolio of products to veterinarians, producers, and retailers under the Aspen, First Companion, and Patterson Veterinary brands. The Corporate segment offers customer financing services; and sells other miscellaneous products. It serves dentists, laboratories, institutions, other healthcare professionals, veterinarians, other animal health professionals, production animal operators, and animal health product retailers. The company was formerly known as Patterson Dental Company and changed its name to Patterson Companies, Inc. in June 2004. Patterson Companies, Inc. was founded in 1877 and is headquartered in Saint Paul, Minnesota.

PDCO Stock Price History

PDCO Stock News Headlines

Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move
He started from nothing and became a multimillionaire...He's now one of the most sought-after trading experts...Yet he operates 858 miles from Wall Street.And now, he's revealing his #1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker.
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move
He started from nothing and became a multimillionaire...He's now one of the most sought-after trading experts...Yet he operates 858 miles from Wall Street.And now, he's revealing his #1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker.
Grace Patterson
PDCO Mar 2024 28.000 put
PDCO Mar 2024 26.000 put
Patterson and Charlotte host UTSA
Shuttered Patterson Park restaurant up for sale
Gary Patterson to help a new Texas school
See More Headlines
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Company Calendar

Last Earnings
11/29/2023
Ex-Dividend for 2/2 Dividend
1/18/2024
Dividend Payable
2/02/2024
Today
2/26/2024
Next Earnings (Confirmed)
2/28/2024
Fiscal Year End
4/30/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Medical & hospital equipment
Sub-Industry
Health Care Distributors
Current Symbol
NASDAQ:PDCO
CUSIP
70339510
Employees
7,600
Year Founded
1877

Price Target and Rating

Average Stock Price Target
$34.00
High Stock Price Target
$40.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+18.1%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$207.56 million
Pretax Margin
4.00%

Debt

Sales & Book Value

Annual Sales
$6.47 billion
Cash Flow
$3.28 per share
Book Value
$11.45 per share

Miscellaneous

Free Float
91,271,000
Market Cap
$2.67 billion
Optionable
Optionable
Beta
1.09

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PDCO Stock Analysis - 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 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PDCO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PDCO, but not buy additional shares or sell existing shares.
View PDCO analyst ratings
or view top-rated stocks.

What is Patterson Companies' stock price target for 2024?

4 brokerages have issued twelve-month target prices for Patterson Companies' stock. Their PDCO share price targets range from $30.00 to $40.00. On average, they predict the company's share price to reach $34.00 in the next twelve months. This suggests a possible upside of 18.1% 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 2024?

Patterson Companies' stock was trading at $28.45 at the beginning of the year. Since then, PDCO stock has increased by 1.2% and is now trading at $28.80.
View the best growth stocks for 2024 here
.

Are investors shorting Patterson Companies?

Patterson Companies saw a decline in short interest in the month of January. As of January 31st, there was short interest totaling 3,620,000 shares, a decline of 12.3% from the January 15th total of 4,130,000 shares. Based on an average daily volume of 1,240,000 shares, the days-to-cover ratio is currently 2.9 days. Currently, 4.4% of the shares of the stock are short sold.
View Patterson Companies' Short Interest
.

When is Patterson Companies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our PDCO earnings forecast
.

How can I listen to Patterson Companies' earnings call?

Patterson Companies will be holding an earnings conference call on Wednesday, February 28th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 800-770-2030 with passcode "67281".

How were Patterson Companies' earnings last quarter?

Patterson Companies, Inc. (NASDAQ:PDCO) released its quarterly earnings data on Wednesday, November, 29th. The company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.59 by $0.09. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.70 billion. Patterson Companies had a trailing twelve-month return on equity of 20.91% and a net margin of 3.05%. Patterson Companies's revenue was up 1.6% on a year-over-year basis. During the same period last year, the business posted $0.63 earnings per share.

How often does Patterson Companies pay dividends? What is the dividend yield for Patterson Companies?

Patterson Companies declared a quarterly dividend on Tuesday, December 5th. Shareholders of record on Friday, January 19th will be paid a dividend of $0.26 per share on Friday, February 2nd. This represents a $1.04 annualized dividend and a dividend yield of 3.61%. The ex-dividend date of this dividend is Thursday, January 18th.
Read our dividend analysis for PDCO
.

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 3.61%. The dividend payout ratio is 50.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PDCO will have a dividend payout ratio of 40.78% 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 issued an update on its FY 2024 earnings guidance on Monday, December, 11th. The company provided earnings per share (EPS) guidance of 2.350-2.450 for the period, compared to the consensus estimate of 2.450. 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).

Who are Patterson Companies' major shareholders?

Patterson Companies' stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.02%), Dimensional Fund Advisors LP (4.23%), Nordea Investment Management AB (2.80%), River Road Asset Management LLC (2.73%), Westwood Holdings Group Inc. (2.47%) and Allspring Global Investments Holdings LLC (1.89%). Insiders that own company stock include Andrea L Frohning, Donald Zurbay, Kevin Michael Barry, Les B Korsh, Les B Korsh and Timothy E Rogan.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PDCO) was last updated on 2/26/2024 by MarketBeat.com Staff