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 annualized dividend and a yield of 4.62%. The ex-dividend date is Thursday, July 12th. View Patterson Companies' Dividend History.

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

Patterson Companies, Inc. (NASDAQ:PDCO) posted its quarterly earnings data on Thursday, June, 21st. The company reported $0.30 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.30. The firm earned $1.40 billion during the quarter, compared to the consensus estimate of $1.43 billion. Patterson Companies had a net margin of 3.68% and a return on equity of 11.05%. The company's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period 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 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 earnings per share estimate of $1.76.

15 Wall Street analysts have issued 1 year target prices for Patterson Companies' shares. Their predictions range from $18.50 to $42.00. On average, they expect Patterson Companies' stock price to reach $29.8214 in the next twelve months. This suggests a possible upside of 32.4% 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 trading volume, of 4,619,631 shares, the short-interest ratio is currently 4.1 days. Approximately 22.8% of the shares of the company are short sold. 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 coverage about PDCO stock has been trending somewhat positive this week, Accern reports. The research group rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, 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 gave headlines about the company an impact score of 46.05 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Patterson Companies' stock is owned by many different 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%), Rowland & Co. Investment Counsel ADV (0.09%) and Bank of Montreal Can (0.03%). 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 bought by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Rowland & Co. Investment Counsel ADV, Bank of Montreal Can 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 $22.53.

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]