NASDAQ:PDCO - Patterson Companies Stock Price, Price Target & More

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

Patterson Companies declared a quarterly dividend on Tuesday, June 12th. Stockholders of record on Friday, July 13th will be given a dividend of $0.26 per share on Friday, July 27th. This represents a $1.04 annualized dividend and a dividend yield of 4.54%. The ex-dividend date is Thursday, July 12th. View Patterson Companies' Dividend History.

Patterson Companies announced that its board has approved a stock repurchase program on Wednesday, March 14th 2018, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

Patterson Companies, Inc. (NASDAQ:PDCO) released its earnings results on Thursday, June, 21st. The company reported $0.30 earnings per share for the quarter, hitting the consensus estimate of $0.30. The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.43 billion. Patterson Companies had a net margin of 3.68% and a return on equity of 11.05%. Patterson Companies's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.69 earnings per share. View Patterson Companies' Earnings History.

Patterson Companies is scheduled to release their next quarterly earnings announcement on Wednesday, August, 22nd 2018. View Earnings Estimates for Patterson Companies.

Patterson Companies updated its FY19 earnings guidance on Thursday, June, 21st. The company provided EPS guidance of $1.73-1.83 for the period, compared to the Thomson Reuters consensus estimate of $1.76.

15 equities research analysts have issued 12-month price targets for Patterson Companies' stock. Their forecasts range from $18.50 to $42.00. On average, they expect Patterson Companies' share price to reach $29.8214 in the next year. This suggests a possible upside of 30.1% from the stock's current price. View Analyst Ratings for Patterson Companies.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Patterson Companies in the last year. There are currently 5 sell ratings, 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Patterson Companies saw a increase in short interest in the month of June. As of June 29th, there was short interest totalling 18,710,809 shares, an increase of 19.4% from the June 15th total of 15,664,528 shares. Based on an average daily volume of 4,619,631 shares, the days-to-cover ratio is currently 4.1 days. Approximately 22.8% of the shares of the company are sold short. View Patterson Companies' Current Options Chain.

Some companies that are related to Patterson Companies include Sartorius AG Preference Shares (SRT3), Bio-Rad Laboratories, Inc. Class B (BIO.B), Qiagen (QGEN), Nektar Therapeutics (NKTR), Valeant Pharmaceuticals (VRX), AveXis (AVXS), SONIC HEALTHCAR/S (SKHHY), SAGE Therapeutics (SAGE), EXACT Sciences (EXAS), Valeant Pharmaceuticals Intl (VRX), Sonic Healthcare (SKHCF), Recordati (RCDTF), Icon (ICLR), West Pharmaceutical Services (WST) and NMC Health (NMC).

News headlines about PDCO stock have been trending positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Patterson Companies earned a daily sentiment score of 0.33 on Accern's scale. They also gave media coverage about the company an impact score of 46.26 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Patterson Companies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.52%), DnB Asset Management AS (0.17%), Fisher Asset Management LLC (0.11%), Fenimore Asset Management Inc. (0.10%) and Rowland & Co. Investment Counsel ADV (0.09%). 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 Fenimore Asset Management Inc. and Fisher Asset Management LLC. View Insider Buying and Selling for Patterson Companies.

PDCO stock was acquired by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Rowland & Co. Investment Counsel ADV and Confluence Investment Management LLC. 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 $22.92.

Patterson Companies has a market capitalization of $2.17 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.

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]