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Patterson Companies (PDCO) Stock Price, News & Analysis

Patterson Companies logo
$30.90 +0.04 (+0.13%)
(As of 12/24/2024 01:48 PM ET)

About Patterson Companies Stock (NASDAQ:PDCO)

Key Stats

Today's Range
$30.85
$30.92
50-Day Range
$19.57
$31.40
52-Week Range
$19.45
$31.79
Volume
598,269 shs
Average Volume
1.02 million shs
Market Capitalization
$2.73 billion
P/E Ratio
18.07
Dividend Yield
3.37%
Price Target
$26.57
Consensus Rating
Hold

Company Overview

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.

Patterson Companies Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
84th Percentile Overall Score

PDCO MarketRank™: 

Patterson Companies scored higher than 84% of companies evaluated by MarketBeat, and ranked 172nd out of 945 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Patterson Companies has received a consensus rating of Hold. The company's average rating score is 2.09, and is based on 1 buy rating, 10 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Patterson Companies has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Patterson Companies' stock forecast and price target.
  • Earnings Growth

    Earnings for Patterson Companies are expected to grow by 8.41% in the coming year, from $2.26 to $2.45 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Patterson Companies is 18.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.13.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Patterson Companies is 18.07, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 87.58.

  • Price to Earnings Growth Ratio

    Patterson Companies has a PEG Ratio of 2.70. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Patterson Companies has a P/B Ratio of 2.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    4.29% of the float of Patterson Companies has been sold short.
  • Short Interest Ratio / Days to Cover

    Patterson Companies has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Patterson Companies has recently increased by 12.08%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Patterson Companies pays a meaningful dividend of 3.37%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Patterson Companies does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Patterson Companies is 60.82%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Patterson Companies will have a dividend payout ratio of 42.45% next year. This indicates that Patterson Companies will be able to sustain or increase its dividend.

  • Read more about Patterson Companies' dividend.
  • Percentage of Shares Shorted

    4.29% of the float of Patterson Companies has been sold short.
  • Short Interest Ratio / Days to Cover

    Patterson Companies has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Patterson Companies has recently increased by 12.08%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Patterson Companies has a news sentiment score of 0.63. 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 news sentiment score is similar to the average news sentiment of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Patterson Companies this week, compared to 11 articles on an average week.
  • Search Interest

    6 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 Follows

    Only 3 people have added Patterson Companies to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In 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 $45,283.00 in company stock.

  • Percentage Held by Insiders

    Only 1.90% of the stock of Patterson Companies is held by insiders.

  • Percentage Held by Institutions

    85.43% of the stock of Patterson Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Patterson Companies' insider trading history.
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PDCO Stock News Headlines

Patterson Companies (NASDAQ:PDCO) Coverage Initiated at StockNews.com
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Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.
J.P. Morgan Sticks to Its Hold Rating for Patterson Companies (PDCO)
Patterson Companies (PDCO) Gets a Hold from Morgan Stanley
See More Headlines

PDCO Stock Analysis - Frequently Asked Questions

Patterson Companies' stock was trading at $28.45 at the beginning of 2024. Since then, PDCO stock has increased by 8.6% and is now trading at $30.90.
View the best growth stocks for 2024 here
.

Patterson Companies, Inc. (NASDAQ:PDCO) issued its quarterly earnings data on Thursday, December, 5th. The company reported $0.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.49 by $0.02. The company's revenue was up 1.0% on a year-over-year basis.

Top institutional investors of Patterson Companies include State Street Corp (3.66%), Allspring Global Investments Holdings LLC (2.48%), River Road Asset Management LLC (2.26%) and Geode Capital Management LLC (2.14%). Insiders that own company stock include Donald Zurbay, Kevin Michael Barry and Timothy E Rogan.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Patterson Companies investors own include American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), AUO (AUOTY), DiamondRock Hospitality (DRH), The RMR Group (RMR) and Humana (HUM).

Company Calendar

Ex-Dividend for 11/1 Dividend
10/18/2024
Dividend Payable
11/01/2024
Last Earnings
12/05/2024
Today
12/24/2024
Fiscal Year End
4/30/2025

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
$26.57
High Stock Price Target
$31.35
Low Stock Price Target
$22.00
Potential Upside/Downside
-14.0%
Consensus Rating
Hold
Rating Score (0-4)
2.09
Research Coverage
11 Analysts

Profitability

Net Income
$185.93 million
Pretax Margin
3.09%

Debt

Sales & Book Value

Annual Sales
$6.55 billion
Cash Flow
$3.37 per share
Book Value
$10.91 per share

Miscellaneous

Free Float
86,638,000
Market Cap
$2.73 billion
Optionable
Optionable
Beta
1.00

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This page (NASDAQ:PDCO) was last updated on 12/25/2024 by MarketBeat.com Staff
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