Patterson CompaniesPDCO
PDCO
About: Patterson Companies Inc is a dental distributor and wholesaler of consumable products and equipment operating through two business segments, Patterson Dental, and Patterson Animal Health. The company's segment includes Dental, Animal Health, and Corporate. It generates maximum revenue from the Animal Health segment. Geographically, it derives its revenue from the United States, the United Kingdom, and Canada. The firm derives almost all of its revenue from the United States.
Employees: 7,600
0
Funds holding %
of 6,780 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
12% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 92
3.93% less ownership
Funds ownership: 87.92% [Q2] → 83.99% (-3.93%) [Q3]
12% less funds holding
Funds holding: 314 [Q2] → 277 (-37) [Q3]
13% less capital invested
Capital invested by funds: $1.86B [Q2] → $1.62B (-$243M) [Q3]
14% less call options, than puts
Call options by funds: $10.2M | Put options by funds: $11.9M
49% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 75
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$22
1%
upside
Avg. target
$23
6%
upside
High target
$24
10%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
Evercore ISI Group Ross Muken 0 / 0 met price target | 1%upside $22 | In-Line Maintained | 8 Oct 2024 |
UBS Michael Cherny 57% 1-year accuracy 16 / 28 met price target | 10%upside $24 | Neutral Maintained | 5 Sept 2024 |
Financial journalist opinion
Based on 8 articles about PDCO published over the past 30 days
Positive
Benzinga
4 hours ago
Wall Street's Most Accurate Analysts Give Their Take On 3 Health Care Stocks With Over 4% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Positive
Zacks Investment Research
22 hours ago
Ahead of Patterson Cos. (PDCO) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Patterson Cos. (PDCO), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended October 2024.
Negative
Zacks Investment Research
1 day ago
Macro Challenges to Hurt Patterson Companies' Q2 Earnings?
PDCO's fiscal second-quarter results are likely to reveal a decline in both the Dental and Animal Health segments, reflecting challenges like moderating traffic to clinics.
Positive
Zacks Investment Research
5 days ago
Here's Why You Should Retain PDCO Stock in Your Portfolio for Now
Investors remain optimistic about Patterson Companies on the back of its broad product line.
Neutral
Business Wire
5 days ago
Patterson Companies Fiscal 2025 Second Quarter Conference Call Scheduled for Thursday, December 5, 2024
ST. PAUL, Minn.--(BUSINESS WIRE)--Patterson Companies (Nasdaq: PDCO) today announced that it will hold its fiscal 2025 second-quarter conference call on Thursday, December 5, 2024, at 7:30 a.m. CT (8:30 a.m. ET). The company's earnings release will be issued that morning before the market opens. To access the live webcast, go to the investor relations section of the company's website, www.PattersonCompanies.com. An audio replay of the fiscal 2025 second-quarter conference call will also be avai.
Positive
Benzinga
1 week ago
Wall Street's Most Accurate Analysts Weigh In On 3 Health Care Stocks With Over 5% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Positive
Zacks Investment Research
2 weeks ago
Patterson Companies Stock Up Following Latest Partnership Extension
PDCO's latest agreement with PDS Health to extend their deal is likely to streamline operations, optimize efficiency and maximize profitability.
Neutral
Business Wire
2 weeks ago
Patterson Dental Extends Strategic Relationship With PDS Health
ST. PAUL, Minn.--(BUSINESS WIRE)--Patterson Dental Supply, Inc., a subsidiary of Patterson Companies, Inc. (Nasdaq: PDCO), today announced an agreement in principle between Patterson and PDS Health, a leading dental and medical support organization formerly known as Pacific Dental Services, to extend their strategic relationship through the end of 2027. The extension allows Patterson to continue as the premier distributor for all merchandise, services, technology and core equipment across PDS H.
Neutral
Business Wire
1 month ago
Patterson Companies Announces Dental Leadership Appointment
ST. PAUL, Minn.--(BUSINESS WIRE)--Patterson Companies Inc. (Nasdaq: PDCO) announced the appointment of Kristin Dietzler as Patterson Dental's North American president. Dietzler brings extensive expertise in adjacent healthcare companies with a proven track record of success in optimizing results. She will report to Kevin Pohlman, chief operating officer of Patterson Companies, and she will be a member of the company's executive leadership team. Dietzler joins Patterson Dental with nearly 30 yea.
Positive
Zacks Investment Research
1 month ago
Here's Why You Should Retain PDCO Stock in Your Portfolio for Now
Investors remain optimistic about Patterson Companies on the back of its broad product line.
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