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

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

Patterson Companies Stock Up 4.3 %

PDCO opened at $22.83 on Friday. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of 12.48, a PEG ratio of 1.57 and a beta of 1.00. The firm has a 50 day moving average price of $21.01 and a 200-day moving average price of $22.82. Patterson Companies has a twelve month low of $19.45 and a twelve month high of $30.68. The company has a quick ratio of 0.67, a current ratio of 1.30 and a debt-to-equity ratio of 0.34.

Patterson Companies (NASDAQ:PDCO) last posted its earnings results on Thursday, December 5th. The company reported $0.47 EPS 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 the consensus estimate of $1.65 billion. Patterson Companies had a return on equity of 19.87% and a net margin of 2.58%. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period last year, the firm posted $0.50 EPS. Equities research analysts forecast that Patterson Companies will post 2.32 earnings per share for the current year.

Patterson Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Wednesday, October 16th were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 4.56%. The ex-dividend date of this dividend was Friday, October 18th. Patterson Companies’s dividend payout ratio (DPR) is presently 56.83%.

Wall Street Analyst Weigh In

A number of analysts have commented on PDCO shares. Stifel Nicolaus reduced their target price on shares of Patterson Companies from $25.00 to $24.00 and set a “hold” rating for the company in a report on Thursday. Evercore ISI reduced their price objective on Patterson Companies from $23.00 to $22.00 and set an “in-line” rating for the company in a research note on Tuesday, October 8th. Bank of America decreased their target price on Patterson Companies from $31.00 to $29.00 and set a “buy” rating on the stock in a report on Thursday, August 29th. UBS Group cut their price target on 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. decreased their price objective on Patterson Companies from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, August 29th. Nine research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $26.50.

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.