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 annualized dividend and a yield of 4.46%. The ex-dividend date of this dividend is Thursday, January 10th. View Patterson Companies' Dividend History.

Patterson Companies announced that its Board of Directors has initiated a share buyback program 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 repurchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

Patterson Companies, Inc. (NASDAQ:PDCO) issued its earnings results on Thursday, December, 6th. The company reported $0.39 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.37 by $0.02. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.42 billion. Patterson Companies had a return on equity of 8.78% and a net margin of 2.80%. The company's revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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 updated its FY19 earnings guidance on Thursday, December, 6th. The company provided earnings per share 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 Wall Street analysts have issued twelve-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 0.1%. 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.

Media stories about PDCO stock have trended positive on Tuesday, InfoTrie reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Patterson Companies earned a news impact score of 2.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future.

Some companies that are related to Patterson Companies include H. Lundbeck A/S- (HLUYY), 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) and PRA Health Sciences (PRAH).

Patterson Companies' stock is owned by many different of retail and institutional investors. Top institutional investors 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 acquired 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 $23.32.

Patterson Companies has a market capitalization of $2.21 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]