2 weeks Ago By Defense World Staff
Patterson Companies, Inc. ( NASDAQ:PDCO – Get Free Report ) has been assigned a consensus rating of “Hold” from the eleven brokerages that are currently covering the company, MarketBeat reports. Eight equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.
The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $28.30. Several analysts have issued reports on the company.
Evercore ISI dropped their target price on Patterson Companies from $23.00 to $22.00 and set an “in-line” rating for the company in a report on Tuesday, October 8th.
Bank of America reduced their target price on shares of Patterson Companies from $31.00 to $29.00 and set a “buy” rating on the stock in a research note on Thursday, August 29th.
Robert W. Baird decreased their target price on shares of Patterson Companies from $30.00 to $28.
00 and set a “neutral” rating on the stock in a report on Thursday, August 29th. UBS Group cut their price target on shares of Patterson Companies from $27.00 to $24.
00 and set a “neutral” rating for the company in a report on Thursday, September 5th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Patterson Companies from $29.
00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, August 29th. Check Out Our Latest Research Report on Patterson Companies Institutional Inflows and Outflows Patterson Companies Stock Down 0.
6 % NASDAQ PDCO opened at $21.49 on Wednesday. Patterson Companies has a one year low of $19.
45 and a one year high of $32.56. The company has a debt-to-equity ratio of 0.
34, a quick ratio of 0.67 and a current ratio of 1.30.
The business has a fifty day moving average price of $20.99 and a 200 day moving average price of $22.97.
The company has a market cap of $1.89 billion, a P/E ratio of 11.74, a P/E/G ratio of 1.
49 and a beta of 1.02. Patterson Companies ( NASDAQ:PDCO – Get Free Report ) last released its quarterly earnings data on Wednesday, August 28th.
The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.
08). The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.
59 billion. Patterson Companies had a net margin of 2.58% and a return on equity of 19.
87%. The firm’s revenue was down 2.3% on a year-over-year basis.
During the same quarter in the previous year, the company posted $0.40 EPS. Research analysts anticipate that Patterson Companies will post 2.
32 EPS for the current fiscal year. Patterson Companies Announces Dividend The company also recently announced a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Wednesday, October 16th were given a $0.
26 dividend. This represents a $1.04 annualized dividend and a yield of 4.
84%. The ex-dividend date was Friday, October 18th. Patterson Companies’s dividend payout ratio is currently 56.
83%. Patterson Companies Company Profile ( Get Free Report 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. See Also Five stocks we like better than Patterson Companies What is an Earnings Surprise? Cerence Up 155% in 2 Days: SoundHound AI’s Fierce Competitor Where to Find Earnings Call Transcripts Why Warren Buffett Is Selling: A Look at His Latest Market Moves Conference Calls and Individual Investors Why Amazon Shares May Never Trade Below $200 Again Receive News & Ratings for Patterson Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Patterson Companies and related companies with MarketBeat.com's FREE daily email newsletter .
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