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 Wednesday, June 12th. Stockholders of record on Friday, July 12th will be paid a dividend of $0.26 per share on Friday, July 26th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 6.18%. The ex-dividend date is Thursday, July 11th. View Patterson Companies' Dividend History.

Patterson Companies declared that its Board of Directors has approved a share buyback program on Wednesday, March 14th 2018, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

Patterson Companies, Inc. (NASDAQ:PDCO) released its earnings results on Thursday, June, 27th. The company reported $0.37 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.40 by $0.03. The firm had revenue of $1.44 billion for the quarter, compared to analysts' expectations of $1.43 billion. Patterson Companies had a net margin of 1.50% and a return on equity of 8.94%. The business's revenue was up 2.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.30 earnings per share. View Patterson Companies' Earnings History.

Patterson Companies is scheduled to release their next quarterly earnings announcement on Thursday, August 29th 2019. View Earnings Estimates for Patterson Companies.

Patterson Companies issued an update on its FY20 earnings guidance on Thursday, June, 27th. The company provided EPS guidance of $1.33-1.43 for the period, compared to the Thomson Reuters consensus estimate of $1.51.

7 Wall Street analysts have issued 1-year price targets for Patterson Companies' stock. Their forecasts range from $19.00 to $24.00. On average, they expect Patterson Companies' share price to reach $20.8333 in the next year. This suggests a possible upside of 23.8% from the stock's current price. View Analyst Price Targets for Patterson Companies.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Patterson Companies in the last year. There are currently 5 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Patterson Companies.

Media stories about PDCO stock have trended negative recently, according to InfoTrie. The research group ranks the sentiment of media coverage by analyzing 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 closest to five being the most favorable. Patterson Companies earned a daily sentiment score of -2.3 on InfoTrie's scale. They also assigned news articles 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 stock's share price in the immediate future. View News Stories for Patterson Companies.

Patterson Companies saw a increase in short interest during the month of July. As of July 15th, there was short interest totalling 13,411,300 shares, an increase of 9.5% from the June 15th total of 12,251,600 shares. Based on an average daily volume of 966,500 shares, the days-to-cover ratio is currently 13.9 days. Currently, 16.1% of the shares of the company are short sold. View Patterson Companies' Current Options Chain.

Some companies that are related to Patterson Companies include Perrigo (PRGO), Charles River Laboratories Intl. (CRL), Sartorius (SARTF), Aurora Cannabis (ACB), PRA Health Sciences (PRAH), Encompass Health (EHC), GN STORE NORD A/ADR (GNNDY), Dr.Reddy's Laboratories (RDY), Hikma Pharmaceuticals (HKMPF), Adaptive Biotechnologies (ADPT), Medidata Solutions (MDSO), STADA Arzneimittel (STDAF), Cronos Group (CRON), Amarin (AMRN) and Sartorius (SRT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Patterson Companies investors own include AT&T (T), Henry Schein (HSIC), AbbVie (ABBV), Abbott Laboratories (ABT), Gilead Sciences (GILD), Bank of America (BAC), CVS Health (CVS), Johnson & Johnson (jnj), Omega Healthcare Investors (OHI) and Cisco Systems (CSCO).

Patterson Companies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (14.71%), BlackRock Inc. (10.50%), Vanguard Group Inc. (8.57%), Bank of New York Mellon Corp (2.22%), Gamco Investors INC. ET AL (1.95%) and Northern Trust Corp (1.66%). Company insiders that own Patterson Companies stock include Ann B Gugino and John D Buck. View Institutional Ownership Trends for Patterson Companies.

PDCO stock was sold by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Point72 Asset Management L.P., Bank of America Corp DE, Bank of New York Mellon Corp, Renaissance Technologies LLC, D. E. Shaw & Co. Inc., Russell Investments Group Ltd. and Schroder Investment Management Group. View Insider Buying and Selling for Patterson Companies.

PDCO stock was acquired by a variety of institutional investors in the last quarter, including Sasco Capital Inc. CT, Invesco Ltd., Nuveen Asset Management LLC, Amundi Pioneer Asset Management Inc., UBS Group AG, Price T Rowe Associates Inc. MD, Northern Trust Corp and BlackRock Inc.. 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 $16.83.

Patterson Companies has a market capitalization of $1.61 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]