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

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

Patterson Companies announced a quarterly dividend on Tuesday, December 17th. Shareholders of record on Friday, January 10th will be paid a dividend of $0.26 per share on Friday, January 24th. This represents a $1.04 annualized dividend and a yield of 4.43%. The ex-dividend date of this dividend is Thursday, January 9th. View Patterson Companies' Dividend History.

Patterson Companies announced that its board has initiated a share repurchase plan on Wednesday, March 14th 2018, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its shares are undervalued.

Patterson Companies, Inc. (NASDAQ:PDCO) issued its quarterly earnings results on Thursday, December, 5th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. The business had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.42 billion. Patterson Companies had a return on equity of 8.97% and a net margin of 1.01%. Patterson Companies's quarterly revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.39 EPS. View Patterson Companies' Earnings History.

Patterson Companies is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Patterson Companies.

Patterson Companies issued an update on its FY20 earnings guidance on Thursday, December, 5th. The company provided earnings per share guidance of $1.36-1.46 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.37.

10 brokerages have issued twelve-month price objectives for Patterson Companies' stock. Their forecasts range from $15.00 to $25.00. On average, they anticipate Patterson Companies' stock price to reach $19.19 in the next year. This suggests that the stock has a possible downside of 18.2%. View Analyst Price Targets for Patterson Companies.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Patterson Companies in the last year. There are currently 4 sell ratings, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Patterson Companies.

Press coverage about PDCO stock has trended positive recently, according to InfoTrie. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Patterson Companies earned a coverage optimism score of 2.6 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Patterson Companies.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Patterson Companies investors own include AT&T (T), AbbVie (ABBV), Henry Schein (HSIC), Bank of America (BAC), Cisco Systems (CSCO), Gilead Sciences (GILD), Verizon Communications (VZ), Abbott Laboratories (ABT), CVS Health (CVS) and Ford Motor (F).

Patterson Companies' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include California Public Employees Retirement System (0.24%), Nippon Life Global Investors Americas Inc. (0.08%), Commerzbank Aktiengesellschaft FI (0.07%), Arizona State Retirement System (0.05%), Pflug Koory LLC (0.04%) and Cubic Asset Management LLC (0.04%). View Institutional Ownership Trends for Patterson Companies.

PDCO stock was sold by a variety of institutional investors in the last quarter, including Inlet Private Wealth LLC, Nippon Life Global Investors Americas Inc., Nisa Investment Advisors LLC, O Keefe Stevens Advisory Inc., Pflug Koory LLC, Arizona State Retirement System, Cubic Asset Management LLC and State of Alaska Department of Revenue. View Insider Buying and Selling for Patterson Companies.

PDCO stock was acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Mission Wealth Management LP, Commerzbank Aktiengesellschaft FI, Dupont Capital Management Corp, FNY Investment Advisers LLC and Measured Wealth Private Client Group 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, Robinhood, Fidelity and Charles Schwab.

One share of PDCO stock can currently be purchased for approximately $23.47.

Patterson Companies has a market capitalization of $2.25 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.View Additional Information About Patterson Companies.

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]