I'm LongbridgeAI, I can summarize articles.Patterson Companies (NASDAQ:PDCO) is set to announce its quarterly earnings on Wednesday, February 26, with expectations of $0.62 per share and $1.63 billion in revenue. The company previously reported $0.47 EPS, missing estimates. Analysts project $2 EPS for the current fiscal year. Patterson's stock opened at $31.05, with a market cap of $2.74 billion. Recent analyst ratings include a mix of hold and neutral, with a consensus price target of $26.57. CEO Donald Zurbay recently sold shares, reducing ownership by 0.87%.
Patterson Companies (NASDAQ:PDCO - Get Free Report) is projected to post its quarterly earnings results before the market opens on Wednesday, February 26th. Analysts expect Patterson Companies to post earnings of $0.62 per share and revenue of $1.63 billion for the quarter. Patterson Companies has set its FY25 guidance at $2.25-$2.35 EPS and its FY 2025 guidance at 2.250-2.350 EPS.
Get Patterson Companies alerts:
- Patterson Companies Leverages Healthcare For Income Investors
Patterson Companies (NASDAQ:PDCO - Get Free Report) last posted its quarterly earnings data on Thursday, December 5th. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.02). Patterson Companies had a return on equity of 19.77% and a net margin of 2.37%. The company had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same quarter in the previous year, the firm posted $0.50 EPS. The business's revenue for the quarter was up 1.0% compared to the same quarter last year. 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 Stock Performance
NASDAQ:PDCO opened at $31.05 on Wednesday. The firm's 50-day moving average is $30.78 and its 200-day moving average is $25.03. Patterson Companies has a 52-week low of $19.45 and a 52-week high of $31.79. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.76 and a current ratio of 1.37. The company has a market cap of $2.74 billion, a price-to-earnings ratio of 18.16, a PEG ratio of 2.70 and a beta of 0.90.
Insiders Place Their Bets
- 3 Health Care Stocks Paying Reliable Dividends
In other news, CEO Donald Zurbay sold 1,962 shares of the company's stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $23.08, for a total transaction of $45,282.96. Following the transaction, the chief executive officer now directly owns 222,736 shares in the company, valued at approximately $5,140,746.88. This represents a 0.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.90% of the company's stock.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on PDCO. Leerink Partners reissued a "market perform" rating and issued a $31.35 target price (up previously from $29.00) on shares of Patterson Companies in a research note on Wednesday, December 11th. StockNews.com began coverage on shares of Patterson Companies in a research note on Saturday. They issued a "hold" rating on the stock. Stifel Nicolaus lowered their target price on shares of Patterson Companies from $25.00 to $24.00 and set a "hold" rating on the stock in a research note on Thursday, December 5th. Leerink Partnrs cut shares of Patterson Companies from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 11th. Finally, Robert W. Baird upped their target price on shares of Patterson Companies from $25.00 to $31.00 and gave the company a "neutral" rating in a research note on Thursday, December 12th. Eleven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, Patterson Companies has a consensus rating of "Hold" and a consensus price target of $26.57.
- Recession-Proof Patterson Companies Is A Steal
Read Our Latest Analysis on Patterson Companies
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.
Further Reading
- Five stocks we like better than Patterson Companies
- Quiet Period Expirations Explained
- Hims & Hers Earnings Could Be a Game Changer—What to Do Now
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- DeepSeek IPO Remains Far Off—Investors Eye 4 Chinese AI Stocks
- Short Selling: How to Short a Stock
- Mortgage Market Bottom? Why Rocket Companies Could Be a Buy
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Where Should You Invest $1,000 Right Now?
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
Should You Invest $1,000 in Patterson Companies Right Now?
Before you consider Patterson Companies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Patterson Companies wasn't on the list.
While Patterson Companies currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here