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NASDAQ:PDCO

Patterson Companies (PDCO) Stock Price, News & Analysis

Patterson Companies logo
$20.46 +0.18 (+0.89%)
(As of 11/22/2024 ET)

About Patterson Companies Stock (NASDAQ:PDCO)

Key Stats

Today's Range
$20.13
$20.58
50-Day Range
$19.57
$22.26
52-Week Range
$19.45
$32.58
Volume
1.19 million shs
Average Volume
813,274 shs
Market Capitalization
$1.80 billion
P/E Ratio
11.18
Dividend Yield
5.08%
Price Target
$28.30
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
98th Percentile Overall Score

PDCO MarketRank™: 

Patterson Companies scored higher than 98% of companies evaluated by MarketBeat, and ranked 45th out of 956 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 2.27, and is based on 3 buy ratings, 8 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Patterson Companies has been the subject of 5 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 8.19% in the coming year, from $2.32 to $2.51 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Patterson Companies is 11.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.60.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Patterson Companies is 11.18, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 92.48.

  • Price to Earnings Growth Ratio

    Patterson Companies has a PEG Ratio of 1.48. 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 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Patterson Companies' valuation and earnings.
  • Percentage of Shares Shorted

    4.32% 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 4.
  • Change versus previous month

    Short interest in Patterson Companies has recently increased by 17.07%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Patterson Companies is a leading dividend payer. It pays a dividend yield of 5.18%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

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

  • Dividend Coverage

    The dividend payout ratio of Patterson Companies is 56.83%. 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 41.43% 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

    4.32% 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 4.
  • Change versus previous month

    Short interest in Patterson Companies has recently increased by 17.07%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Patterson Companies has a news sentiment score of 1.33. 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 0.50 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Patterson Companies this week, compared to 12 articles on an average week.
  • Search Interest

    Only 3 people have searched for PDCO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Patterson Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Patterson Companies insiders have not sold or bought any 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

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PDCO Stock Analysis - Frequently Asked Questions

Patterson Companies' stock was trading at $28.45 at the start of the year. Since then, PDCO shares have decreased by 28.1% and is now trading at $20.46.
View the best growth stocks for 2024 here
.

Patterson Companies, Inc. (NASDAQ:PDCO) issued its quarterly earnings data on Wednesday, August, 28th. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by $0.08. Patterson Companies's quarterly revenue was down 2.3% compared to the same quarter last year.

Top institutional shareholders 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

Last Earnings
8/28/2024
Ex-Dividend for 11/1 Dividend
10/18/2024
Dividend Payable
11/01/2024
Today
11/24/2024
Next Earnings (Estimated)
12/04/2024
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
$28.30
High Stock Price Target
$36.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+38.3%
Consensus Rating
Hold
Rating Score (0-4)
2.27
Research Coverage
11 Analysts

Profitability

Net Income
$185.93 million
Pretax Margin
3.37%

Debt

Sales & Book Value

Annual Sales
$6.53 billion
Cash Flow
$3.42 per share
Book Value
$11.18 per share

Miscellaneous

Free Float
86,470,000
Market Cap
$1.80 billion
Optionable
Optionable
Beta
1.02

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This page (NASDAQ:PDCO) was last updated on 11/24/2024 by MarketBeat.com Staff
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