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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
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How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
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Can Netflix Stock Continue Into All-Time Highs After Earnings?
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
NASDAQ:PDCO

Patterson Companies (PDCO) Stock Price, News & Analysis

$25.47
-0.26 (-1.01%)
(As of 04/18/2024 ET)
Today's Range
$25.25
$25.73
50-Day Range
$25.35
$29.09
52-Week Range
$25.00
$34.53
Volume
765,018 shs
Average Volume
1.05 million shs
Market Capitalization
$2.28 billion
P/E Ratio
12.55
Dividend Yield
4.08%
Price Target
$33.11

Patterson Companies MarketRank™ Stock Analysis

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
30.0% Upside
$33.11 Price Target
Short Interest
Healthy
3.46% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.36
Upright™ Environmental Score
News Sentiment
0.03mentions of Patterson Companies in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.90%
From $2.32 to $2.48 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.49 out of 5 stars

Medical Sector

83rd out of 918 stocks

Medical & Hospital Equipment Industry

2nd out of 3 stocks

PDCO stock logo

About Patterson Companies Stock (NASDAQ:PDCO)

Patterson Companies, Inc. engages in the distribution of dental and animal health products in the United States, the United Kingdom, and Canada. The company operates through three segments: Dental, Animal Health, and Corporate segments. The Dental segment offers consumable products, including infection control, restorative materials, and instruments; basic and advanced technology and dental equipment; practice optimization solutions, such as practice management software, e-commerce, revenue cycle management, patient engagement solutions, and clinical and patient education systems. It also provides a range of related services comprising software and design services, maintenance and repair, and equipment financing. The Animal Health segment distributes biologicals, pharmaceuticals, vaccines, parasiticides, diagnostics, prescription and non-prescription diets, nutritional's, consumable supplies, equipment, and software, as well as value-added services. This segment also provides private label portfolio of products to veterinarians, producers, and retailers under the Aspen, First Companion, and Patterson Veterinary brands. The Corporate segment offers customer financing services; and sells other miscellaneous products. It 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 Saint Paul, Minnesota.

PDCO Stock Price History

PDCO Stock News Headlines

Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Patterson's Euro worry - gossip
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Patterson Companies: Smiling Through The Pain
See More Headlines
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Company Calendar

Ex-Dividend for 2/2 Dividend
1/18/2024
Dividend Payable
2/02/2024
Last Earnings
2/28/2024
Today
4/18/2024
Ex-Dividend for 5/3 Dividend
4/18/2024
Fiscal Year End
4/30/2024
Dividend Payable
5/03/2024
Next Earnings (Estimated)
6/19/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Medical & hospital equipment
Sub-Industry
Health Care Distributors
Current Symbol
NASDAQ:PDCO
CUSIP
70339510
Employees
7,600
Year Founded
1877

Price Target and Rating

Average Stock Price Target
$33.11
High Stock Price Target
$40.00
Low Stock Price Target
$28.00
Potential Upside/Downside
+30.0%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

Net Income
$207.56 million
Pretax Margin
3.88%

Debt

Sales & Book Value

Annual Sales
$6.47 billion
Cash Flow
$3.26 per share
Book Value
$11.45 per share

Miscellaneous

Free Float
88,248,000
Market Cap
$2.28 billion
Optionable
Optionable
Beta
1.06

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PDCO Stock Analysis - Frequently Asked Questions

Should I buy or sell Patterson Companies stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Patterson Companies in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

7 brokerages have issued 1 year price objectives for Patterson Companies' shares. Their PDCO share price targets range from $28.00 to $40.00. On average, they predict the company's share price to reach $33.11 in the next twelve months. This suggests a possible upside of 30.0% 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 2024?

Patterson Companies' stock was trading at $28.45 at the beginning of 2024. Since then, PDCO stock has decreased by 10.5% and is now trading at $25.47.
View the best growth stocks for 2024 here
.

When is Patterson Companies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 19th 2024.
View our PDCO earnings forecast
.

How were Patterson Companies' earnings last quarter?

Patterson Companies, Inc. (NASDAQ:PDCO) announced its earnings results on Wednesday, February, 28th. The company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.60 by $0.01. The business had revenue of $1.62 billion for the quarter, compared to analysts' expectations of $1.63 billion. Patterson Companies had a trailing twelve-month return on equity of 20.98% and a net margin of 2.95%. The firm's revenue for the quarter was up .9% compared to the same quarter last year. During the same period last year, the firm posted $0.62 earnings per share.

How often does Patterson Companies pay dividends? What is the dividend yield for Patterson Companies?

Patterson Companies declared a quarterly dividend on Monday, March 11th. Shareholders of record on Friday, April 19th will be given a dividend of $0.26 per share on Friday, May 3rd. This represents a $1.04 annualized dividend and a dividend yield of 4.08%. The ex-dividend date of this dividend is Thursday, April 18th.
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 4.06%. PDCO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 41.94% 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 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS guidance of 2.300-2.350 for the period, compared to the consensus estimate of 2.360. 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).

Who are Patterson Companies' major shareholders?

Patterson Companies' stock is owned by many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (2.00%), Sound Income Strategies LLC (0.69%), Rowlandmiller & PARTNERS.ADV (0.10%), Aviance Capital Partners LLC (0.03%), Miller Howard Investments Inc. NY (0.02%) and ARGA Investment Management LP (0.02%). Insiders that own company stock include Andrea L Frohning, Donald Zurbay, Kevin Michael Barry, Les B Korsh, Les B Korsh and Timothy E Rogan.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PDCO) was last updated on 4/19/2024 by MarketBeat.com Staff

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