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

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

Patterson Companies declared a quarterly dividend on Tuesday, December 11th. Shareholders of record on Friday, January 11th will be given a dividend of $0.26 per share on Friday, January 25th. This represents a $1.04 annualized dividend and a yield of 4.50%. The ex-dividend date is Thursday, January 10th. View Patterson Companies' Dividend History.

Patterson Companies declared that its board has approved a stock repurchase program on Wednesday, March 14th 2018, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's board believes its shares are undervalued.

Patterson Companies, Inc. (NASDAQ:PDCO) announced its quarterly earnings results on Thursday, December, 6th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.37 by $0.02. The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.42 billion. Patterson Companies had a net margin of 2.80% and a return on equity of 8.78%. The firm's revenue was up 1.4% compared to the same quarter last year. During the same period last year, the business posted $0.51 earnings per share. View Patterson Companies' Earnings History.

Patterson Companies is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Patterson Companies.

Patterson Companies updated its FY19 earnings guidance on Thursday, December, 6th. The company provided EPS guidance of $1.40-1.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.43. Patterson Companies also updated its FY 2019 guidance to $1.40-1.50 EPS.

14 analysts have issued twelve-month target prices for Patterson Companies' shares. Their predictions range from $18.50 to $38.00. On average, they expect Patterson Companies' share price to reach $23.2917 in the next twelve months. This suggests a possible upside of 0.7% from the stock's current price. View Analyst Price Targets for Patterson Companies.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Patterson Companies in the last year. There are currently 6 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Patterson Companies.

Press coverage about PDCO stock has trended somewhat positive recently, InfoTrie reports. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Patterson Companies earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave headlines about the company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the immediate future.

Some companies that are related to Patterson Companies include Qiagen (QGEN), H. Lundbeck A/S- (HLUYY), Molina Healthcare (MOH), WILLIAM DEMANT/ADR (WILYY), Alnylam Pharmaceuticals (ALNY), Ionis Pharmaceuticals (IONS), Beigene (BGNE), Bio-Rad Laboratories (BIO), Icon (ICLR), Bio-Rad Laboratories (BIO.B), Neurocrine Biosciences (NBIX), Jazz Pharmaceuticals (JAZZ), West Pharmaceutical Services (WST), Fisher & Paykel Healthcare (FPH) and SAGE Therapeutics (SAGE).

Patterson Companies' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.32%), Dimensional Fund Advisors LP (3.25%), Bank of New York Mellon Corp (2.72%), Gamco Investors INC. ET AL (1.89%), Northern Trust Corp (1.43%) and Two Sigma Advisers LP (1.33%). Company insiders that own Patterson Companies stock include Ann B Gugino, Ellen A Rudnick, James W Wiltz, 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 Two Sigma Investments LP, Millennium Management LLC, State of New Jersey Common Pension Fund D, Gamco Investors INC. ET AL, Gotham Asset Management LLC, Confluence Investment Management LLC, Bank of New York Mellon Corp and KBC Group NV. View Insider Buying and Selling for Patterson Companies.

PDCO stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Oregon Public Employees Retirement Fund, BlackRock Inc., Robeco Institutional Asset Management B.V., D. E. Shaw & Co. Inc., Advisors Asset Management Inc., Ontario Teachers Pension Plan Board and Stevens Capital Management LP. 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 $23.13.

Patterson Companies has a market capitalization of $2.20 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]