NASDAQ:PDCO Patterson Companies - PDCO Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Patterson Companies, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $26.31 -0.32 (-1.20%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$26.17▼$26.9050-Day Range$25.36▼$31.0352-Week Range$23.87▼$35.29Volume693,884 shsAverage Volume649,635 shsMarket Capitalization$2.57 billionP/E Ratio13.16Dividend Yield3.95%Price Target$34.17 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Patterson Companies MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside29.9% Upside$34.17 Price TargetShort InterestBearish4.34% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.36Upright™ Environmental ScoreNews Sentiment0.36Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth3.07%From $2.28 to $2.35 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.45 out of 5 starsMedical Sector187th out of 999 stocksMedical & Hospital Equipment Industry2nd out of 3 stocks 3.2 Analyst's Opinion Consensus RatingPatterson Companies has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $34.17, Patterson Companies has a forecasted upside of 29.9% from its current price of $26.31.Amount of Analyst CoveragePatterson Companies has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.34% of the float of Patterson Companies has been sold short.Short Interest Ratio / Days to CoverPatterson Companies has a short interest ratio ("days to cover") of 5.9.Change versus previous monthShort interest in Patterson Companies has recently increased by 3.84%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipPatterson Companies is a leading dividend payer. It pays a dividend yield of 3.92%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPatterson Companies does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Patterson Companies is 52.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Patterson Companies will have a dividend payout ratio of 44.26% next year. This indicates that Patterson Companies will be able to sustain or increase its dividend. Previous Next 1.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePatterson Companies has received a -13.94% net impact score from Upright. The largest negative impact of Patterson Companies in category "GHG emissions" seems to be driven mostly by its "Wholesale of livestock equipment", "Wholesale of veterinary drugs and healthcare products for production animals", and "Wholesale of veterinary drugs and healthcare products for pet animals" products. See details.Environmental SustainabilityThe Environmental Impact score for Patterson Companies is -1.36. Previous Next 2.4 News and Social Media Coverage News SentimentPatterson Companies has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Patterson Companies this week, compared to 7 articles on an average week.Search Interest6 people have searched for PDCO on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Patterson Companies to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Patterson Companies insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.10% of the stock of Patterson Companies is held by insiders.Percentage Held by Institutions81.09% of the stock of Patterson Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Patterson Companies are expected to grow by 3.07% in the coming year, from $2.28 to $2.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Patterson Companies is 13.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Patterson Companies is 13.16, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 155.90.Price to Earnings Growth RatioPatterson Companies has a PEG Ratio of 1.61. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPatterson Companies has a P/B Ratio of 2.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Patterson Companies (NASDAQ:PDCO) StockPatterson Cos., Inc. provides products, technologies, services, and business solutions to the dental and animal health markets. It operates through the following segments: Dental, Animal Health, and Corporate. The Dental segment provides consumable dental products, equipment and software, turnkey digital solutions, and value-added services to dentists, dental laboratories, institutions, and other healthcare professionals. The Animal Health segment distributes animal health products, services, and technologies to both the production-animal and companion-pet markets. The Corporate segment consists of general and administrative expenses, including home office support costs in areas such as information technology, finance, legal, human resources, and facilities. The company was founded by John Patterson and Myron Fayette Patterson in 1877 and is headquartered in St. Paul, MN.Read More Receive PDCO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Patterson Companies and its competitors with MarketBeat's FREE daily newsletter. Email Address PDCO Stock News HeadlinesMarch 26, 2023 | msn.comWill Sunderland sell Ross Stewart or Anthony Patterson this summer?March 25, 2023 | msn.comNathan Patterson hands Everton injury boost as he returns in Scotland win over CyprusMarch 29, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 25, 2023 | finanznachrichten.deROUNDUP: Patterson Companies Q3 Profit Down, But Beats Estimates; Narrows Annual Profit OutlookMarch 25, 2023 | americanbankingnews.comStockNews.com Lowers Patterson Companies (NASDAQ:PDCO) to HoldMarch 24, 2023 | msn.comNo. 11 Patterson Mill softball strikes early and often to open season with 15-1 win at CenturyMarch 23, 2023 | msn.comNo. 11 Patterson Mill strikes early and often to open season with 15-1 win at CenturyMarch 21, 2023 | msn.comJames Patterson Sets First-Look Deal at Skydance TVMarch 29, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 21, 2023 | msn.comJames Patterson Signs First-Look Deal With Skydance TelevisionMarch 21, 2023 | americanbankingnews.comFY2023 EPS Estimates for Patterson Companies, Inc. Lowered by Zacks Research (NASDAQ:PDCO)March 20, 2023 | mmajunkie.usatoday.comYanal Ashmoz wants quick return after destructive KO of Sam Patterson at UFC 286March 20, 2023 | msn.comHarford County 2023 baseball season preview: Bel Air, Patterson Mill aim to duplicate deep playoff runsMarch 20, 2023 | msn.comArrest made in killing of Patterson High School student in BaltimoreMarch 20, 2023 | finance.yahoo.comPatterson Companies (NASDAQ:PDCO) shareholders have earned a 21% CAGR over the last three yearsMarch 17, 2023 | msn.comTony Mowbray on Anthony Patterson: 'It's amazing to think of what he's going to be'March 17, 2023 | msn.comJames Patterson, Judy Blume, Toni Morrison, Jodi Picoult on list of 80 books one Florida school district pulledMarch 17, 2023 | msn.comSam Patterson taking inspiration from Leon Edwards' U.K. home-grown success before UFC 286March 16, 2023 | msn.comPatterson Companies (PDCO) Declares $0.26 DividendMarch 15, 2023 | usatoday.comJaguars tender kicker Riley Patterson, three other exclusive-rights free agentsMarch 15, 2023 | msn.comAuthor James Patterson: Write to DeSantis after 'absurd' ban on Maximum Ride series from Florida school districtMarch 15, 2023 | msn.comJaguars tender kicker Riley Patterson as ERFAMarch 14, 2023 | msn.comJames Patterson urges fans to reach out to DeSantis on Florida book bansMarch 4, 2023 | seekingalpha.comPatterson Companies, Inc. (PDCO) Q3 2023 Earnings Call TranscriptMarch 3, 2023 | finance.yahoo.comQ3 2023 Patterson Companies Inc Earnings CallMarch 2, 2023 | markets.businessinsider.comPatterson Companies Inc. Q3 Profit Decreases, but beats estimatesMarch 2, 2023 | finance.yahoo.comPatterson Companies Reports Fiscal 2023 Third Quarter Operating ResultsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PDCO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Patterson Companies and its competitors with MarketBeat's FREE daily newsletter. Email Address PDCO Company Calendar Ex-Dividend for 2/3 Dividend1/19/2023Dividend Payable2/03/2023Last Earnings3/02/2023Today3/29/2023Ex-Dividend for 5/5 Dividend4/20/2023Fiscal Year End4/30/2023Dividend Payable5/05/2023Next Earnings (Estimated)7/05/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Medical & hospital equipment Sub-IndustryHealth Care Distributors SectorMedical Current SymbolNASDAQ:PDCO CUSIP70339510 CIK891024 Webwww.pattersoncompanies.com Phone(651) 686-1600Fax651-686-9331Employees7,700Year Founded1877Price Target and Rating Average Stock Price Forecast$34.17 High Stock Price Forecast$39.00 Low Stock Price Forecast$30.00 Forecasted Upside/Downside+29.9%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.00 Trailing P/E Ratio13.16 Forward P/E Ratio11.54 P/E Growth1.61Net Income$203.21 million Net Margins3.08% Pretax Margin3.97% Return on Equity21.30% Return on Assets7.93% Debt Debt-to-Equity Ratio0.41 Current Ratio1.57 Quick Ratio0.77 Sales & Book Value Annual Sales$6.50 billion Price / Sales0.40 Cash Flow$3.10 per share Price / Cash Flow8.48 Book Value$10.68 per share Price / Book2.46Miscellaneous Outstanding Shares97,710,000Free Float95,656,000Market Cap$2.57 billion OptionableOptionable Beta1.29 Social Links Key ExecutivesDon ZurbayPresident, Chief Executive Officer & DirectorKevin Michael PohlmanChief Operating OfficerKevin BarryChief Financial OfficerDave LardyChief Information OfficerShivani Prabhakar KaulChief Compliance OfficerKey CompetitorsOwens & MinorNYSE:OMITandem Diabetes CareNASDAQ:TNDMSage TherapeuticsNASDAQ:SAGEIntegerNYSE:ITGRMyovant SciencesNYSE:MYOVView All CompetitorsInsiders & InstitutionsNeo Ivy Capital ManagementBought 17,208 shares on 3/27/2023Ownership: 0.018%MetLife Investment Management LLCSold 2,092 shares on 3/23/2023Ownership: 0.101%ETF Managers Group LLCBought 962 shares on 3/23/2023Ownership: 0.023%Victory Capital Management Inc.Sold 372,431 shares on 3/10/2023Ownership: 1.251%Voya Investment Management LLCSold 8,569 shares on 2/28/2023Ownership: 0.347%View All Insider TransactionsView All Institutional Transactions PDCO Stock - Frequently Asked Questions Should I buy or sell Patterson Companies stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Patterson Companies in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PDCO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PDCO, but not buy additional shares or sell existing shares. View PDCO analyst ratings or view top-rated stocks. What is Patterson Companies' stock price forecast for 2023? 5 brokers have issued 12 month price objectives for Patterson Companies' shares. Their PDCO share price forecasts range from $30.00 to $39.00. On average, they expect the company's share price to reach $34.17 in the next year. This suggests a possible upside of 30.5% from the stock's current price. View analysts price targets for PDCO or view top-rated stocks among Wall Street analysts. How have PDCO shares performed in 2023? Patterson Companies' stock was trading at $28.03 at the beginning of 2023. Since then, PDCO stock has decreased by 6.6% and is now trading at $26.18. View the best growth stocks for 2023 here. When is Patterson Companies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 5th 2023. View our PDCO earnings forecast. How were Patterson Companies' earnings last quarter? Patterson Companies, Inc. (NASDAQ:PDCO) issued its quarterly earnings results on Thursday, March, 2nd. The company reported $0.62 earnings per share for the quarter, beating analysts' consensus estimates of $0.60 by $0.02. The business earned $1.60 billion during the quarter, compared to analyst estimates of $1.63 billion. Patterson Companies had a trailing twelve-month return on equity of 21.30% and a net margin of 3.08%. The company's quarterly revenue was up .3% on a year-over-year basis. During the same quarter last year, the firm earned $0.55 EPS. How often does Patterson Companies pay dividends? What is the dividend yield for Patterson Companies? Patterson Companies declared a quarterly dividend on Tuesday, March 14th. Shareholders of record on Friday, April 21st will be given a dividend of $0.26 per share on Friday, May 5th. This represents a $1.04 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date of this dividend is Thursday, April 20th. Read our dividend analysis for PDCO. What ETFs hold Patterson Companies' stock? ETFs with the largest weight of Patterson Companies (NASDAQ:PDCO) stock in their portfolio include Sound Equity Income ETF (SDEI), Small Cap US Equity Select ETF (RNSC), SPDR S&P Health Care Services ETF (XHS), Schwab Ariel ESG ETF (SAEF), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Hartford Multifactor Small Cap ETF (ROSC) and Invesco S&P MidCap 400 Pure Value ETF (RFV). Is Patterson Companies a good dividend stock? Patterson Companies (NASDAQ:PDCO) pays an annual dividend of $1.04 per share and currently has a dividend yield of 3.92%. The dividend payout ratio is 52.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PDCO will have a dividend payout ratio of 44.26% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PDCO. What guidance has Patterson Companies issued on next quarter's earnings? Patterson Companies updated its FY 2023 earnings guidance on Thursday, March, 2nd. The company provided earnings per share guidance of $2.25-$2.30 for the period, compared to the consensus EPS estimate of $2.28. The company issued revenue guidance of -. What is Mark Walchirk's approval rating as Patterson Companies' CEO? 66 employees have rated Patterson Companies Chief Executive Officer Mark Walchirk on Glassdoor.com. Mark Walchirk has an approval rating of 95% among the company's employees. This puts Mark Walchirk in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 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 AbbVie (ABBV), Gilead Sciences (GILD), AT&T (T), Cisco Systems (CSCO), Enterprise Products Partners (EPD), Henry Schein (HSIC), Abbott Laboratories (ABT), Advanced Micro Devices (AMD), Verizon Communications (VZ) and CVS Health (CVS). 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 institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (4.50%), Dimensional Fund Advisors LP (4.24%), American Century Companies Inc. (3.06%), River Road Asset Management LLC (2.90%), Nordea Investment Management AB (2.52%) and Morgan Stanley (1.98%). Insiders that own company stock include Andrea L Frohning, Donald Zurbay, Jody H Feragen, Kevin Michael Barry, Les B Korsh and Les B Korsh. View institutional ownership trends. How do I buy shares of Patterson Companies? Shares of PDCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Patterson Companies' stock price today? One share of PDCO stock can currently be purchased for approximately $26.18. How much money does Patterson Companies make? Patterson Companies (NASDAQ:PDCO) has a market capitalization of $2.56 billion and generates $6.50 billion in revenue each year. The company earns $203.21 million in net income (profit) each year or $2.00 on an earnings per share basis. How many employees does Patterson Companies have? The company 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 official website for the company is www.pattersoncompanies.com. The company can be reached via phone at (651) 686-1600, via email at investor.relations@pattersoncompanies.com, or via fax at 651-686-9331. This page (NASDAQ:PDCO) was last updated on 3/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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