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. $31.03 +0.50 (+1.64%) (As of 02/2/2023 12:00 AM ET) Add Compare Share Share Today's Range$30.45▼$31.0850-Day Range$27.32▼$30.5352-Week Range$23.87▼$35.29Volume607,819 shsAverage Volume515,237 shsMarket Capitalization$3.01 billionP/E Ratio15.29Dividend Yield3.44%Price Target$33.83 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Patterson Companies MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside9.0% Upside$33.83 Price TargetShort InterestBearish3.97% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.36Upright™ Environmental ScoreNews Sentiment1.15Based on 6 Articles This WeekInsider TradingSelling Shares$274,791 Sold Last QuarterProj. Earnings Growth5.70%From $2.28 to $2.41 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.1.95 out of 5 starsMedical Sector286th out of 1,030 stocksMedical & Hospital Equipment Industry1st out of 3 stocks 1.2 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 $33.83, Patterson Companies has a forecasted upside of 9.0% from its current price of $31.03.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 Shorted3.97% 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 5.2.Change versus previous monthShort interest in Patterson Companies has recently increased by 0.88%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldPatterson Companies pays a meaningful dividend of 3.44%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPatterson Companies does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Patterson Companies is 51.23%. 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 43.15% 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 3.4 News and Social Media Coverage News SentimentPatterson Companies has a news sentiment score of 1.15. 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 higher news sentiment than the 0.42 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Patterson Companies this week, compared to 6 articles on an average week.Search Interest2 people have searched for PDCO on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows3 people have added Patterson Companies to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Patterson Companies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $274,791.00 in 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 5.70% in the coming year, from $2.28 to $2.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Patterson Companies is 15.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Patterson Companies is 15.29, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 162.22.Price to Earnings Growth RatioPatterson Companies has a PEG Ratio of 1.69. 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 2.91. 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 HeadlinesJanuary 5, 2023 | marketbeat.com3 Health Care Stocks Paying Reliable DividendsPremier Inc, Patterson Companies, Inc, and Walgreens Boots Alliance, Inc are three healthcare stocks consistently paying decent-to-great dividendsFebruary 3, 2023 | msn.comSpartans offer 2024 Oklahoma S Mykel Patterson-McDonaldFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.February 2, 2023 | soonerswire.usatoday.comSooners receive Rivals FutureCast for 2024 DB Mykel Patterson-McDonaldFebruary 1, 2023 | msn.comIsaiah Foskey, Jarrett Patterson Hope To Boost Their Draft Stack At The Senior BowlJanuary 23, 2023 | finance.yahoo.comShould You Investigate Patterson Companies, Inc. (NASDAQ:PDCO) At US$28.90?January 9, 2023 | finance.yahoo.comPatterson Closes Acquisition of Relief Services for Veterinary Practitioners and Animal Care TechnologiesJanuary 9, 2023 | finance.yahoo.comPatterson Companies (NASDAQ:PDCO) Has Affirmed Its Dividend Of $0.26February 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.December 31, 2022 | thefalconswire.usatoday.comCordarrelle Patterson player props odds, tips and betting trends for Week 17 | Falcons vs. CardinalsDecember 31, 2022 | finance.yahoo.comHere's Why Patterson Companies (NASDAQ:PDCO) Has Caught The Eye Of InvestorsDecember 30, 2022 | finance.yahoo.comPatterson Companies (PDCO) Fell in Q3 as Demand SoftenedDecember 29, 2022 | msn.comPatterson Companies Earnings Perspective: Return On Capital EmployedDecember 22, 2022 | msn.comHomestead grad Patterson learning on the fly at UConnDecember 22, 2022 | thefalconswire.usatoday.comCordarrelle Patterson player props odds, tips and betting trends for Week 16 | Falcons vs. RavensDecember 21, 2022 | msn.comFalcons injury report: Cordarrelle Patterson DNP, Chuma Edoga limitedDecember 21, 2022 | msn.comHavre de Grace boys basketball answers call, gets past host Patterson Mill, 48-40, to improve to 5-0December 20, 2022 | msn.comThree Chopt Road closed near Patterson Avenue in RichmondDecember 20, 2022 | msn.comWR Tyree Patterson Flips From Florida to UCFDecember 20, 2022 | msn.comCordarrelle Patterson brings Falcons within 21-18December 20, 2022 | msn.com'I always dreamed of playing for Sunderland' - Anthony PattersonDecember 20, 2022 | msn.comUCF WR Commitment Tyree Patterson Film ReviewDecember 19, 2022 | msn.comUCF lands Another Local Recruit, WR Tyree PattersonDecember 17, 2022 | finance.yahoo.comPatterson Companies (NASDAQ:PDCO) Will Pay A Dividend Of $0.26December 15, 2022 | msn.comWR Tyree Patterson No Longer Committed to FloridaDecember 15, 2022 | wsj.comJames Patterson to Complete Unfinished Michael Crichton BookDecember 15, 2022 | thefalconswire.usatoday.comCordarrelle Patterson player props odds, tips and betting trends for Week 15 | Falcons vs. SaintsSee 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 11/4 Dividend10/20/2022Dividend Payable11/04/2022Last Earnings12/01/2022Ex-Dividend for 2/3 Dividend1/19/2023Today2/02/2023Dividend Payable2/03/2023Next Earnings (Estimated)3/01/2023Fiscal Year End4/30/2023Get 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$33.83 High Stock Price Forecast$39.00 Low Stock Price Forecast$30.00 Forecasted Upside/Downside+9.0%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.03 Trailing P/E Ratio15.29 Forward P/E Ratio13.61 P/E Growth1.69Net Income$203.21 million Net Margins3.13% Pretax Margin4.06% Return on Equity20.93% Return on Assets7.74% Debt Debt-to-Equity Ratio0.47 Current Ratio1.60 Quick Ratio0.83 Sales & Book Value Annual Sales$6.50 billion Price / Sales0.46 Cash Flow$3.22 per share Price / Cash Flow9.64 Book Value$10.68 per share Price / Book2.91Miscellaneous Outstanding Shares97,070,000Free Float95,030,000Market Cap$3.01 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:OMIHenry ScheinNASDAQ:HSICCONMEDNYSE:CNMDInModeNASDAQ:INMDInsmedNASDAQ:INSMView All CompetitorsInsiders & InstitutionsSmith Graham & Co. Investment Advisors LPSold 958 shares on 2/2/2023Ownership: 0.285%SG Americas Securities LLCBought 40,119 shares on 2/2/2023Ownership: 0.050%Abundance Wealth CounselorsBought 2,641 shares on 2/2/2023Ownership: 0.021%ProShare Advisors LLCBought 2,209 shares on 2/2/2023Ownership: 0.017%Simplex Trading LLCSold 6,200 shares on 2/2/2023Ownership: 0.000%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 twelve-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 stock price to reach $33.83 in the next twelve months. This suggests a possible upside of 9.0% 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 start of the year. Since then, PDCO stock has increased by 10.7% and is now trading at $31.03. 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, March 1st 2023. View our PDCO earnings forecast. How were Patterson Companies' earnings last quarter? Patterson Companies, Inc. (NASDAQ:PDCO) released its quarterly earnings results on Thursday, December, 1st. The company reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.57 by $0.06. The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.68 billion. Patterson Companies had a trailing twelve-month return on equity of 20.93% and a net margin of 3.13%. The firm's revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.58 EPS. How often does Patterson Companies pay dividends? What is the dividend yield for Patterson Companies? Patterson Companies announced a quarterly dividend on Tuesday, December 13th. Investors of record on Friday, January 20th will be given a dividend of $0.26 per share on Friday, February 3rd. This represents a $1.04 annualized dividend and a yield of 3.35%. The ex-dividend date of this dividend is Thursday, January 19th. Read our dividend analysis for PDCO. 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 3.44%. The dividend payout ratio is 51.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PDCO will have a dividend payout ratio of 43.15% 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 issued an update on its FY 2023 earnings guidance on Saturday, December, 31st. The company provided earnings per share (EPS) guidance of $2.25-$2.35 for the period, compared to the consensus estimate of $2.26. 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 number of institutional and retail investors. Top institutional investors include River Road Asset Management LLC (2.90%), Allspring Global Investments Holdings LLC (1.54%), Ceredex Value Advisors LLC (0.65%), Sound Income Strategies LLC (0.35%), Peregrine Capital Management LLC (0.32%) and Smith Graham & Co. Investment Advisors LP (0.29%). 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 $31.03. How much money does Patterson Companies make? Patterson Companies (NASDAQ:PDCO) has a market capitalization of $3.01 billion and generates $6.50 billion in revenue each year. The company earns $203.21 million in net income (profit) each year or $2.03 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 2/3/2023 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. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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