Patterson Companies, Inc. (NASDAQ:PDCO) will be posting its quarterly earnings results before the market opens on Monday, November 20th. Analysts expect Patterson Companies to post earnings of $0.55 per share for the quarter. Patterson Companies has set its FY18 guidance at $2.25-2.40 EPS.
Patterson Companies (NASDAQ:PDCO) last announced its quarterly earnings data on Thursday, August 24th. The company reported $0.44 EPS for the quarter, meeting the consensus estimate of $0.44. The business had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.34 billion. Patterson Companies had a return on equity of 15.51% and a net margin of 2.93%. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.51 earnings per share. On average, analysts expect Patterson Companies to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Patterson Companies, Inc. (NASDAQ PDCO) opened at $33.38 on Monday. The company has a current ratio of 2.01, a quick ratio of 1.15 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $3,197.00, a price-to-earnings ratio of 14.70, a price-to-earnings-growth ratio of 1.72 and a beta of 0.96. Patterson Companies, Inc. has a 52-week low of $33.18 and a 52-week high of $49.26.
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 27th. Shareholders of record on Friday, October 13th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 3.12%. The ex-dividend date of this dividend was Thursday, October 12th. Patterson Companies’s dividend payout ratio is currently 60.47%.
Several equities analysts have recently issued reports on the company. Robert W. Baird reaffirmed a “buy” rating and issued a $44.00 price target on shares of Patterson Companies in a research report on Tuesday, September 26th. Stifel Nicolaus lowered their price target on Patterson Companies from $39.00 to $34.00 and set a “sell” rating for the company in a research report on Tuesday, August 15th. Cleveland Research reaffirmed a “hold” rating on shares of Patterson Companies in a research report on Tuesday, August 22nd. TheStreet lowered Patterson Companies from a “b-” rating to a “c” rating in a research report on Thursday, August 24th. Finally, BidaskClub lowered Patterson Companies from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. Patterson Companies presently has an average rating of “Hold” and an average price target of $41.64.
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In related news, CFO Ann B. Gugino sold 750 shares of Patterson Companies stock in a transaction dated Wednesday, October 11th. The stock was sold at an average price of $36.73, for a total value of $27,547.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.46% of the stock is currently owned by company insiders.
Patterson Companies Company Profile
Patterson Companies, Inc is a value-added distributor focused on providing a customer experience to professionals in the dental and animal health markets. The Company operates through three segments: dental, animal health and corporate. Dental and Animal health are strategic business units that offer similar products and services to different customer bases.
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