Patterson Companies (NASDAQ:PDCO) Releases FY 2025 Earnings Guidance

Patterson Companies (NASDAQ:PDCO) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 2.250-2.350 for the period, compared to the consensus EPS estimate of 2.300. The company issued revenue guidance of -. Patterson Companies also updated its FY25 guidance to $2.25-$2.35 EPS.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on PDCO shares. Bank of America dropped their price objective on shares of Patterson Companies from $31.00 to $29.00 and set a “buy” rating on the stock in a report on Thursday, August 29th. JPMorgan Chase & Co. lowered their target price on Patterson Companies from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, August 29th. Piper Sandler reduced their price target on Patterson Companies from $26.00 to $24.00 and set a “neutral” rating for the company in a research report on Friday. Stifel Nicolaus decreased their price target on Patterson Companies from $25.00 to $24.00 and set a “hold” rating for the company in a research note on Thursday. Finally, Robert W. Baird cut their price objective on shares of Patterson Companies from $28.00 to $25.00 and set a “neutral” rating on the stock in a research note on Friday. Nine investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $26.10.

Patterson Companies Stock Performance

PDCO opened at $22.92 on Friday. The company has a quick ratio of 0.67, a current ratio of 1.30 and a debt-to-equity ratio of 0.34. The firm has a market cap of $2.02 billion, a PE ratio of 13.40, a P/E/G ratio of 1.60 and a beta of 1.00. The business has a fifty day simple moving average of $21.02 and a 200-day simple moving average of $22.80. Patterson Companies has a fifty-two week low of $19.45 and a fifty-two week high of $30.68.

Patterson Companies (NASDAQ:PDCO) last released its quarterly earnings results on Thursday, December 5th. The company reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.02). The company had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.65 billion. Patterson Companies had a net margin of 2.58% and a return on equity of 19.87%. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.50 EPS. As a group, equities analysts predict that Patterson Companies will post 2.32 EPS for the current fiscal year.

Patterson Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Wednesday, October 16th were given a $0.26 dividend. The ex-dividend date of this dividend was Friday, October 18th. This represents a $1.04 annualized dividend and a dividend yield of 4.54%. Patterson Companies’s dividend payout ratio (DPR) is presently 60.82%.

Patterson Companies Company Profile

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.