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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Medical & hospital equipment
Sub-IndustryHealth Care Distributors
SectorMedical
SymbolNASDAQ:PDCO
CUSIP70339510
Phone651-686-1600
Debt
Debt-to-Equity Ratio0.63
Current Ratio1.95
Quick Ratio1.09
Price-To-Earnings
Trailing P/E Ratio14.01
Forward P/E Ratio13.67
P/E Growth1.64
Sales & Book Value
Annual Sales$5.47 billion
Price / Sales0.41
Cash Flow$2.5540 per share
Price / Cash9.26
Book Value$15.45 per share
Price / Book1.53
Profitability
EPS (Most Recent Fiscal Year)$1.68
Net Income$200.97 million
Net Margins3.68%
Return on Equity11.05%
Return on Assets4.43%
Miscellaneous
Employees7,700
Outstanding Shares95,060,000
Market Cap$2.24 billion
Patterson Companies (NASDAQ:PDCO) Frequently Asked Questions
What is Patterson Companies' stock symbol?
Patterson Companies trades on the NASDAQ under the ticker symbol "PDCO."
How often does Patterson Companies pay dividends? What is the dividend yield for Patterson Companies?
Patterson Companies announced a quarterly dividend on Tuesday, June 12th. Stockholders of record on Friday, July 13th will be paid a dividend of $0.26 per share on Friday, July 27th. This represents a $1.04 annualized dividend and a dividend yield of 4.40%. The ex-dividend date is Thursday, July 12th. View Patterson Companies' Dividend History.
How will Patterson Companies' stock buyback program work?
Patterson Companies announced that its board has initiated a share buyback plan on Wednesday, March 14th 2018, which permits the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its shares are undervalued.
How were Patterson Companies' earnings last quarter?
Patterson Companies, Inc. (NASDAQ:PDCO) posted its earnings results on Thursday, June, 21st. The company reported $0.30 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.30. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.43 billion. Patterson Companies had a return on equity of 11.05% and a net margin of 3.68%. The business's quarterly revenue was down 3.1% compared to the same quarter last year. During the same period last year, the business earned $0.69 earnings per share. View Patterson Companies' Earnings History.
When is Patterson Companies' next earnings date?
What guidance has Patterson Companies issued on next quarter's earnings?
Patterson Companies issued an update on its FY19 earnings guidance on Thursday, June, 21st. The company provided earnings per share guidance of $1.73-1.83 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.76.
What price target have analysts set for PDCO?
16 analysts have issued 12 month price targets for Patterson Companies' shares. Their forecasts range from $18.50 to $42.00. On average, they anticipate Patterson Companies' share price to reach $28.6786 in the next twelve months. This suggests a possible upside of 21.3% from the stock's current price. View Analyst Price Targets for Patterson Companies.
What is the consensus analysts' recommendation for Patterson Companies?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Patterson Companies in the last year. There are currently 5 sell ratings, 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Patterson Companies.
Are investors shorting Patterson Companies?
Patterson Companies saw a decrease in short interest in July. As of July 31st, there was short interest totalling 16,937,908 shares, a decrease of 10.5% from the July 13th total of 18,929,465 shares. Based on an average trading volume of 2,481,565 shares, the days-to-cover ratio is presently 6.8 days. Currently, 20.6% of the company's shares are short sold. View Patterson Companies' Current Options Chain.
Who are some of Patterson Companies' key competitors?
Some companies that are related to Patterson Companies include Beigene (BGNE), West Pharmaceutical Services (WST), Molina Healthcare (MOH), Valeant Pharmaceuticals (VRX), ASPEN PHARMACAR/ADR (APNHY), AveXis (AVXS), Encompass Health (EHC), SONIC HEALTHCAR/S (SKHHY), Recordati (RCDTF), Icon (ICLR), SWEDISH ORPHAN/S (SWTUY), Valeant Pharmaceuticals Intl (VRX), Sonic Healthcare (SKHCF), Bausch Health Companies (BHC) and Canopy Growth (CGC).
Who are Patterson Companies' key executives?
Patterson Companies' management team includes the folowing people:
- Mr. Mark S. Walchirk, CEO, Pres & Director (Age 52)
- Mr. Les B. Korsh, VP, Gen. Counsel & Sec. (Age 48)
- Mr. Kevin M. Pohlman, Pres of Animal Health International, Inc. (Age 55)
- Mr. Dennis W. Goedken, Corp. Controller (Age 56)
- Mr. Scott P. Anderson, Non-Officer Special Advisor (Age 51)
Has Patterson Companies been receiving favorable news coverage?
Media stories about PDCO stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Patterson Companies earned a news impact score of 0.16 on Accern's scale. They also gave media coverage about the company an impact score of 47.89 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Patterson Companies.
Who are Patterson Companies' major shareholders?
Patterson Companies' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.47%), Fairpointe Capital LLC (5.25%), FMR LLC (4.94%), Bank of New York Mellon Corp (2.93%), Gamco Investors INC. ET AL (2.24%) and Dimensional Fund Advisors LP (1.76%). 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.
Which institutional investors are selling Patterson Companies stock?
PDCO stock was sold by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., Thompson Siegel & Walmsley LLC, Wells Fargo & Company MN, Biechele Royce Advisors, Advisors Asset Management Inc., State Board of Administration of Florida Retirement System, California Public Employees Retirement System and Brandes Investment Partners LP. View Insider Buying and Selling for Patterson Companies.
Which institutional investors are buying Patterson Companies stock?
PDCO stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Alps Advisors Inc., Alps Advisors Inc., Alps Advisors Inc., First Trust Advisors LP, Renaissance Technologies LLC and River Road Asset Management LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Patterson Companies' stock price today?
One share of PDCO stock can currently be purchased for approximately $23.65.
How big of a company is Patterson Companies?
Patterson Companies has a market capitalization of $2.13 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.
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]
MarketBeat Community Rating for Patterson Companies (NASDAQ PDCO)
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.
