Patterson Companies (PDCO) Receives Daily News Sentiment Score of 0.11
Media headlines about Patterson Companies (NASDAQ:PDCO) have trended somewhat positive on Thursday, according to Accern. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Patterson Companies earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.1626234792483 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Patterson Companies, Inc. (PDCO) Lifted to “Hold” at Stifel Nicolaus (americanbankingnews.com)
- Confounding Stocks: The Gap, Inc. (NYSE:GPS), Patterson Companies, Inc. (NASDAQ:PDCO), Jabil Inc. (NYSE:JBL … – The Stock Street (press release) (thestreetpoint.com)
- Patterson Companies, Inc. (PDCO) Scheduled to Post Earnings on Monday (americanbankingnews.com)
- Patterson Companies, Inc. (PDCO) Stock Rating Reaffirmed by Robert W. Baird (americanbankingnews.com)
- Patterson Companies Enters Oversold Territory (nasdaq.com)
Several equities research analysts have recently weighed in on PDCO shares. BidaskClub downgraded Patterson Companies from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Stifel Nicolaus decreased their price objective on Patterson Companies from $39.00 to $34.00 and set a “sell” rating for the company in a report on Tuesday, August 15th. Craig Hallum reissued a “sell” rating and issued a $41.00 price objective (down from $46.00) on shares of Patterson Companies in a report on Thursday, August 17th. They noted that the move was a valuation call. Cleveland Research reissued a “hold” rating on shares of Patterson Companies in a report on Tuesday, August 22nd. Finally, UBS AG raised Patterson Companies from a “sell” rating to a “hold” rating and set a $40.00 price objective for the company in a report on Friday, August 25th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the company’s stock. Patterson Companies currently has a consensus rating of “Hold” and an average price target of $41.64.
Shares of Patterson Companies (NASDAQ:PDCO) opened at $34.45 on Thursday. The company has a current ratio of 2.01, a quick ratio of 1.15 and a debt-to-equity ratio of 0.72. Patterson Companies has a fifty-two week low of $32.17 and a fifty-two week high of $49.26. The firm has a market capitalization of $3,300.00, a price-to-earnings ratio of 14.79, a P/E/G ratio of 1.73 and a beta of 0.96.
Patterson Companies (NASDAQ:PDCO) last released its quarterly earnings data on Thursday, August 24th. The company reported $0.44 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.44. The firm had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.34 billion. Patterson Companies had a return on equity of 15.51% and a net margin of 2.93%. Patterson Companies’s revenue was down 1.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.51 earnings per share. analysts anticipate that Patterson Companies will post 2.29 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 27th. Shareholders of record on Friday, October 13th were given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 3.02%. The ex-dividend date was Thursday, October 12th. Patterson Companies’s payout ratio is 59.43%.
In other Patterson Companies news, CFO Ann B. Gugino sold 750 shares of the stock in a transaction on 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.46% of the company’s stock.
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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