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 Tuesday, December 11th. Shareholders of record on Friday, January 11th will be paid a dividend of $0.26 per share on Friday, January 25th. This represents a $1.04 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date of this dividend is Thursday, January 10th. View Patterson Companies' Dividend History.

Patterson Companies announced that its board has authorized a share 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 often an indication that the company's leadership believes its shares are undervalued.

Patterson Companies, Inc. (NASDAQ:PDCO) issued its quarterly earnings data on Thursday, December, 6th. The company reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.02. The business earned $1.40 billion during the quarter, compared to analyst estimates of $1.42 billion. Patterson Companies had a return on equity of 8.78% and a net margin of 2.80%. The company's quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.51 EPS. View Patterson Companies' Earnings History.

Patterson Companies is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Patterson Companies.

Patterson Companies issued an update on its FY19 earnings guidance on Thursday, December, 6th. The company provided earnings per share (EPS) guidance of $1.40-1.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.43. Patterson Companies also updated its FY 2019 guidance to $1.40-1.50 EPS.

14 equities research analysts have issued 12-month price targets for Patterson Companies' shares. Their forecasts range from $18.50 to $38.00. On average, they anticipate Patterson Companies' share price to reach $23.2917 in the next year. This suggests that the stock has a possible downside of 1.3%. View Analyst Price Targets for Patterson Companies.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Patterson Companies in the last year. There are currently 6 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Patterson Companies.

Headlines about PDCO stock have trended neutral this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Patterson Companies earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future.

Some companies that are related to Patterson Companies include WILLIAM DEMANT/ADR (WILYY), Molina Healthcare (MOH), Alnylam Pharmaceuticals (ALNY), Bio-Rad Laboratories (BIO), Ionis Pharmaceuticals (IONS), Beigene (BGNE), Icon (ICLR), Bio-Rad Laboratories (BIO.B), Neurocrine Biosciences (NBIX), Jazz Pharmaceuticals (JAZZ), West Pharmaceutical Services (WST), SAGE Therapeutics (SAGE), bluebird bio (BLUE), PRA Health Sciences (PRAH) and NMC HEALTH PLC/ADR (NMHLY).

Patterson Companies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.32%), Dimensional Fund Advisors LP (3.25%), Bank of New York Mellon Corp (2.72%), Gamco Investors INC. ET AL (1.89%), Northern Trust Corp (1.43%) and Two Sigma Advisers LP (1.33%). 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 Two Sigma Investments LP, Millennium Management LLC, State of New Jersey Common Pension Fund D, Gamco Investors INC. ET AL, Gotham Asset Management LLC, Confluence Investment Management LLC, Bank of New York Mellon Corp and KBC Group NV. View Insider Buying and Selling for Patterson Companies.

PDCO stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Oregon Public Employees Retirement Fund, BlackRock Inc., Robeco Institutional Asset Management B.V., D. E. Shaw & Co. Inc., Advisors Asset Management Inc., Ontario Teachers Pension Plan Board and Stevens Capital Management LP. 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 $23.60.

Patterson Companies has a market capitalization of $2.24 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.

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]