NASDAQ:PDCOPatterson Companies Stock Price, Forecast & News

$19.69

-0.30 (-1.50 %)

(As of 06/1/2020 04:00 PM ET)

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Today's Range

$19.26

Now: $19.69▼

$19.89

50-Day Range

$14.81

MA: $16.19▼

$20.02

52-Week Range

$12.93

Now: $19.69▼

$25.70

Volume1.36 million shs

Average Volume1.34 million shs

Market Capitalization$1.89 billion

P/E Ratio38.61

Dividend Yield5.28%

Beta1.53

Patterson Companies, Inc. distributes and sells dental and animal health products in the United States, the United Kingdom, and Canada. It operates through Dental and Animal Health segments. The company's Dental segment offers consumable products, such as infection control, restorative materials, hand instruments, and sterilization products; basic and advanced technology dental equipment; patient education systems; and office forms and stationery. This segment also develops and sells technology solutions, such as practice management software and e-commerce solutions. In addition, it offers a range of related services, including software and design, maintenance and repair, and equipment financing services. The company's Animal Health segment distributes animal health products, such as pharmaceuticals, vaccines, parasiticides, diagnostics, prescription and non-prescription diets, nutritionals, consumable supplies, equipment, and software to veterinarians, producers, and retailers under the Aspen, First Companion, and Patterson Veterinary brands. This segment also offers a range of value-added services to animal health customers. Patterson Companies, Inc. serves dentists, laboratories, institutions, other healthcare professionals, veterinarians, other animal health professionals, production animal operators, and animal health product retailers. The company was formerly known as Patterson Dental Company and changed its name to Patterson Companies, Inc. in June 2004. Patterson Companies, Inc. was founded in 1877 and is headquartered in St. Paul, Minnesota.

Beat the Market (BTM) Rank^™

1.0 Analyst's Opinion

Consensus Rating
Patterson Companies has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 6 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $21.25, Patterson Companies has a potential upside of 7.9% from its current price of $19.69.
Amount of Analyst Coverage
Patterson Companies has only been the subject of 2 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
Patterson Companies has received 330 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Patterson Companies has received 554 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Patterson Companies has received 62.67% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Patterson Companies and other stocks. Vote “Outperform” if you believe PDCO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PDCO will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Patterson Companies is a leading dividend payer. It pays a dividend yield of 5.28%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Patterson Companies has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Patterson Companies is 74.29 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, Patterson Companies will have a dividend payout ratio of 91.23 % in the coming year. This indicates that Patterson Companies may not be able to sustain their current dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Patterson Companies insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.75% of the stock of Patterson Companies is held by insiders.
Percentage Held by Institutions
88.04% of the stock of Patterson Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Patterson Companies are expected to decrease by -12.31% in the coming year, from $1.30 to $1.14 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Patterson Companies is 38.61, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.53.
Price to Earnings Ratio vs. Sector
The P/E ratio of Patterson Companies is 38.61, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 25.41.
Price to Earnings Growth Ratio
Patterson Companies has a PEG Ratio of 3.62. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Patterson Companies has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.45 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Medical & hospital equipment

Sub-IndustryHealth Care Distributors

SectorMedical

Current SymbolNASDAQ:PDCO

Previous Symbol

CUSIP70339510

CIK891024

Webwww.pattersoncompanies.com

Phone651-686-1600

Debt

Debt-to-Equity Ratio0.44

Current Ratio1.41

Quick Ratio0.69

Price-To-Earnings

Trailing P/E Ratio38.61

Forward P/E Ratio15.15

P/E Growth3.62

Sales & Book Value

Annual Sales$5.57 billion

Price / Sales0.34

Cash Flow$2.25 per share

Price / Cash Flow8.77

Book Value$15.56 per share

Price / Book1.27

Profitability

EPS (Most Recent Fiscal Year)$1.40

Net Income$83.63 million

Net Margins0.85%

Return on Equity9.57%

Return on Assets4.17%

Miscellaneous

Employees7,800

Outstanding Shares95,806,000

Market Cap$1.89 billion

Next Earnings Date6/25/2020 (Estimated)

OptionableOptionable

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Patterson Companies (NASDAQ:PDCO) Frequently Asked Questions

How has Patterson Companies' stock been impacted by COVID-19 (Coronavirus)?

Patterson Companies' stock was trading at $20.89 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PDCO stock has decreased by 5.7% and is now trading at $19.69. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Patterson Companies?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Patterson Companies in the last year. There are currently 2 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.

When is Patterson Companies' next earnings date?

Patterson Companies is scheduled to release its next quarterly earnings announcement on Thursday, June 25th 2020. View our earnings forecast for Patterson Companies.

How were Patterson Companies' earnings last quarter?

Patterson Companies, Inc. (NASDAQ:PDCO) posted its earnings results on Thursday, February, 27th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.10. The firm had revenue of $1.46 billion for the quarter, compared to analysts' expectations of $1.42 billion. Patterson Companies had a net margin of 0.85% and a return on equity of 9.57%. The firm's revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.38 EPS. View Patterson Companies' earnings history.

How often does Patterson Companies pay dividends? What is the dividend yield for Patterson Companies?

Patterson Companies declared a quarterly dividend on Tuesday, March 17th. Stockholders of record on Friday, April 10th will be paid a dividend of $0.26 per share on Friday, April 24th. This represents a $1.04 annualized dividend and a yield of 5.28%. The ex-dividend date is Wednesday, April 8th. View Patterson Companies' dividend history.

What price target have analysts set for PDCO?

10 equities research analysts have issued 12-month target prices for Patterson Companies' shares. Their forecasts range from $15.00 to $28.00. On average, they anticipate Patterson Companies' stock price to reach $21.25 in the next year. This suggests a possible upside of 7.9% from the stock's current price. View analysts' price targets for Patterson Companies.

Has Patterson Companies been receiving favorable news coverage?

News headlines about PDCO stock have been trending extremely negative recently, InfoTrie reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Patterson Companies earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutPatterson Companies.

Are investors shorting Patterson Companies?

Patterson Companies saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 10,930,000 shares, an increase of 21.3% from the April 30th total of 9,010,000 shares. Based on an average trading volume of 1,510,000 shares, the short-interest ratio is currently 7.2 days. Approximately 13.0% of the shares of the stock are sold short. View Patterson Companies' Current Options Chain.

Who are some of Patterson Companies' key competitors?

Some companies that are related to Patterson Companies include McKesson (MCK), AmerisourceBergen (ABC), Cardinal Health (CAH), Henry Schein (HSIC) and Owens & Minor (OMI). View all competitors.

What other stocks do shareholders of Patterson Companies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Patterson Companies investors own include AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), Bank of America (BAC), Henry Schein (HSIC), Enterprise Products Partners (EPD), Ford Motor (F), Altria Group (MO), Chevron (CVX) and General Electric (GE).

Who are Patterson Companies' key executives?

Patterson Companies' management team includes the following people:

Mr. Mark S. Walchirk, CEO, Pres & Director (Age 53)
Mr. Les B. Korsh, VP, Gen. Counsel & Sec. (Age 49)
Mr. Kevin M. Pohlman, Pres of Animal Health International, Inc. (Age 55)
Mr. Dennis W. Goedken, Corp. Controller (Age 57)
Mr. Scott P. Anderson, Non-Officer Special Advisor (Age 52)

What is Patterson Companies' stock symbol?

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

Who are Patterson Companies' major shareholders?

Patterson Companies' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.31%), State Street Corp (3.17%), Victory Capital Management Inc. (2.44%), Victory Capital Management Inc. (2.44%), Bank of New York Mellon Corp (1.90%) and Gamco Investors INC. ET AL (1.65%). View institutional ownership trends for Patterson Companies.

Which institutional investors are selling Patterson Companies stock?

PDCO stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Invesco Ltd., JPMorgan Chase & Co., Confluence Investment Management LLC, Two Sigma Investments LP, Parametric Portfolio Associates LLC, AQR Capital Management LLC, and Principal Financial Group Inc.. View insider buying and selling activity for Patterson Companies.

Which institutional investors are buying Patterson Companies stock?

PDCO stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Nuveen Asset Management LLC, APG Asset Management N.V., APG Asset Management N.V., The Manufacturers Life Insurance Company , Smith Graham & Co. Investment Advisors LP, and CWA Asset Management Group LLC. View insider buying and selling activity for Patterson Companies.

How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab.

What is Patterson Companies' stock price today?

One share of PDCO stock can currently be purchased for approximately $19.69.

How big of a company is Patterson Companies?

Patterson Companies has a market capitalization of $1.89 billion and generates $5.57 billion in revenue each year. The company earns $83.63 million in net income (profit) each year or $1.40 on an earnings per share basis. Patterson Companies employs 7,800 workers across the globe.

What is Patterson Companies' official website?

The official website for Patterson Companies is www.pattersoncompanies.com.

How can I contact Patterson Companies?

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]

This page was last updated on 6/1/2020 by MarketBeat.com Staff