NASDAQ:PDCO - Patterson Companies Stock Price, News, & Analysis

Patterson Companies trades on the NASDAQ under the ticker symbol "PDCO."

Patterson Companies announced a quarterly dividend on Wednesday, March 13th. Shareholders of record on Friday, April 12th will be given a dividend of $0.26 per share on Friday, April 26th. This represents a $1.04 annualized dividend and a yield of 4.76%. The ex-dividend date is Thursday, April 11th. View Patterson Companies' Dividend History.

Patterson Companies declared that its Board of Directors has authorized a share buyback plan on Wednesday, March 14th 2018, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its shares are undervalued.

Patterson Companies, Inc. (NASDAQ:PDCO) issued its earnings results on Thursday, February, 28th. The company reported $0.38 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.38. The company earned $1.40 billion during the quarter, compared to analyst estimates of $1.40 billion. Patterson Companies had a net margin of 1.38% and a return on equity of 8.50%. During the same period last year, the business posted $0.43 earnings per share. View Patterson Companies' Earnings History.

Patterson Companies is scheduled to release their next quarterly earnings announcement on Thursday, June 20th 2019. View Earnings Estimates for Patterson Companies.

Patterson Companies issued an update on its FY19 earnings guidance on Thursday, February, 28th. The company provided earnings per share (EPS) guidance of $1.40-1.45 for the period, compared to the Thomson Reuters consensus estimate of $1.43. Patterson Companies also updated its FY 2019 guidance to $1.40-1.45 EPS.

10 equities research analysts have issued 1-year target prices for Patterson Companies' shares. Their predictions range from $18.50 to $25.00. On average, they expect Patterson Companies' stock price to reach $21.45 in the next twelve months. This suggests that the stock has a possible downside of 1.8%. View Analyst Price Targets for Patterson Companies.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Patterson Companies in the last year. There are currently 6 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Patterson Companies.

Headlines about PDCO stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Patterson Companies earned a news impact score of -2.7 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the near term.

Some companies that are related to Patterson Companies include Bausch Health Companies (BHC), Molina Healthcare (MOH), DEMANT A S/ADR (WILYY), Davita (DVA), Eurofins Scientific (ERFSF), H. Lundbeck A/S- (HLUYY), Beigene (BGNE), Carl Zeiss Meditec (AFX), Jazz Pharmaceuticals (JAZZ), BIO-TECHNE (TECH), Icon (ICLR), Masimo (MASI), Neurocrine Biosciences (NBIX), Recordati (RCDTF) and Cronos Group (CRON).

Based on aggregate information from My MarketBeat watchlists, some companies that other Patterson Companies investors own include Henry Schein (HSIC), AT&T (T), AbbVie (ABBV), Gilead Sciences (GILD), Cisco Systems (CSCO), Abbott Laboratories (ABT), WP Carey (WPC), Bank of America (BAC), General Electric (GE) and Johnson & Johnson (jnj).

Patterson Companies' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.36%), Dimensional Fund Advisors LP (3.79%), Gamco Investors INC. ET AL (2.00%), JPMorgan Chase & Co. (1.55%), Northern Trust Corp (1.48%) and Goldman Sachs Group Inc. (1.35%). Company insiders that own Patterson Companies stock include Ann B Gugino, John D Buck and Scott P Anderson. View Institutional Ownership Trends for Patterson Companies.

PDCO stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Renaissance Technologies LLC, FMR LLC, JPMorgan Chase & Co., BlueMountain Capital Management LLC, Cove Street Capital LLC, MERIAN GLOBAL INVESTORS UK Ltd and AMG National Trust Bank. View Insider Buying and Selling for Patterson Companies.

PDCO stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Neuberger Berman Group LLC, Goldman Sachs Group Inc., Federated Investors Inc. PA, OppenheimerFunds Inc., Mcclain Value Management LLC, LSV Asset Management and Gamco Investors INC. ET AL. View Insider Buying and Selling for Patterson Companies.

Shares of PDCO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of PDCO stock can currently be purchased for approximately $21.85.

Patterson Companies has a market capitalization of $2.08 billion and generates $5.47 billion in revenue each year. The company earns $200.97 million in net income (profit) each year or $1.68 on an earnings per share basis. Patterson Companies employs 7,700 workers across the globe.

The official website for Patterson Companies is http://www.pattersoncompanies.com/.

Patterson Companies' mailing address is 1031 MENDOTA HEIGHTS RD, ST PAUL MN, 55120. The company can be reached via phone at 651-686-1600 or via email at [email protected]