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 Tuesday, December 11th. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.43%. The ex-dividend date of this dividend is Thursday, January 10th. View Patterson Companies' Dividend History.

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

Patterson Companies, Inc. (NASDAQ:PDCO) issued its quarterly earnings results on Thursday, December, 6th. The company reported $0.39 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.37 by $0.02. The company earned $1.40 billion during the quarter, compared to the consensus estimate of $1.42 billion. Patterson Companies had a net margin of 2.80% and a return on equity of 8.78%. The business's revenue was up 1.4% on a year-over-year basis. During the same period in the previous 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 issued an update on 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 estimate of $1.43. Patterson Companies also updated its FY 2019 guidance to $1.40-1.50 EPS.

14 brokerages have issued twelve-month price objectives for Patterson Companies' stock. Their forecasts range from $18.50 to $38.00. On average, they expect Patterson Companies' share price to reach $23.2917 in the next year. This suggests that the stock has a possible downside of 0.7%. 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.

Media coverage about PDCO stock has trended positive recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Patterson Companies earned a news sentiment score of 2.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future.

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

Patterson Companies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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 $23.46.

Patterson Companies has a market capitalization of $2.23 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]