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. Investors 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 dividend on an annualized basis and a dividend yield of 4.40%. The ex-dividend date of this dividend is Thursday, July 12th. View Patterson Companies' Dividend History.

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

Patterson Companies, Inc. (NASDAQ:PDCO) released its earnings results on Thursday, June, 21st. The company reported $0.30 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.30. The firm earned $1.40 billion during the quarter, compared to analysts' expectations of $1.43 billion. Patterson Companies had a net margin of 3.68% and a return on equity of 11.05%. The business's revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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 issued an update on its FY19 earnings guidance on Thursday, June, 21st. The company provided earnings per share (EPS) guidance of $1.73-1.83 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.76.

15 Wall Street analysts have issued 12-month price targets for Patterson Companies' shares. Their forecasts range from $18.50 to $42.00. On average, they expect Patterson Companies' share price to reach $29.8214 in the next twelve months. This suggests a possible upside of 26.1% 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 during 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 trading volume, of 4,619,631 shares, the days-to-cover ratio is presently 4.1 days. Approximately 22.8% of the shares of the stock are sold short. View Patterson Companies' Current Options Chain.

Some companies that are related to Patterson Companies include Qiagen (QGEN), Nektar Therapeutics (NKTR), Valeant Pharmaceuticals (VRX), EXACT Sciences (EXAS), AveXis (AVXS), SONIC HEALTHCAR/S (SKHHY), SAGE Therapeutics (SAGE), Valeant Pharmaceuticals Intl (VRX), Sonic Healthcare (SKHCF), Recordati (RCDTF), Icon (ICLR), SWEDISH ORPHAN/S (SWTUY), West Pharmaceutical Services (WST), NMC Health (NMC) and Alkermes (ALKS).

News coverage about PDCO stock has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Patterson Companies earned a media sentiment score of 0.15 on Accern's scale. They also assigned press coverage about the company an impact score of 46.52 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Patterson Companies' stock is owned by many different of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.52%), DnB Asset Management AS (0.17%), AMG National Trust Bank (0.15%), 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., Biechele Royce Advisors, Fisher Asset Management LLC, Municipal Employees Retirement System of Michigan, Amalgamated Bank and Benjamin F. Edwards & Company Inc.. View Insider Buying and Selling for Patterson Companies.

PDCO stock was acquired by a variety of institutional investors in the last quarter, including AMG National Trust Bank, DnB Asset Management AS, Rowland & Co. Investment Counsel ADV, Nisa Investment Advisors LLC, Bank of Montreal Can, Foundry Partners LLC, Confluence Investment Management LLC and Rand Wealth 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 $23.64.

Patterson Companies has a market capitalization of $2.11 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]