Leerink Partnrs Issues Negative Forecast for PDCO Earnings

Patterson Companies, Inc. (NASDAQ:PDCOFree Report) – Leerink Partnrs lowered their Q3 2025 earnings per share estimates for shares of Patterson Companies in a research report issued on Thursday, December 5th. Leerink Partnrs analyst M. Cherny now forecasts that the company will earn $0.62 per share for the quarter, down from their prior estimate of $0.69. The consensus estimate for Patterson Companies’ current full-year earnings is $2.29 per share. Leerink Partnrs also issued estimates for Patterson Companies’ Q4 2025 earnings at $0.94 EPS, FY2025 earnings at $2.27 EPS, FY2026 earnings at $2.48 EPS, FY2027 earnings at $2.76 EPS and FY2028 earnings at $3.04 EPS.

Patterson Companies (NASDAQ:PDCOGet Free Report) last issued its earnings results on Thursday, December 5th. The company reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $1.65 billion. During the same period in the previous year, the company posted $0.50 earnings per share. The company’s quarterly revenue was up 1.0% on a year-over-year basis.

A number of other equities analysts have also recently issued reports on the company. Evercore ISI dropped their target price on Patterson Companies from $23.00 to $22.00 and set an “in-line” rating for the company in a report on Tuesday, October 8th. Robert W. Baird dropped their price target on Patterson Companies from $28.00 to $25.00 and set a “neutral” rating for the company in a report on Friday. UBS Group dropped 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. JPMorgan Chase & Co. dropped their price target on Patterson Companies from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday, August 29th. Finally, Bank of America dropped their price target on Patterson Companies from $31.00 to $29.00 and set a “buy” rating for the company in a report on Thursday, August 29th. Nine analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $26.10.

Get Our Latest Research Report on PDCO

Patterson Companies Trading Up 0.3 %

Shares of PDCO opened at $23.00 on Monday. Patterson Companies has a 1 year low of $19.45 and a 1 year high of $30.68. The company has a current ratio of 1.37, a quick ratio of 0.76 and a debt-to-equity ratio of 0.34. The stock has a 50 day simple moving average of $21.05 and a 200-day simple moving average of $22.77. The stock has a market cap of $2.03 billion, a PE ratio of 13.45, a PEG ratio of 1.69 and a beta of 1.00.

Patterson Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Wednesday, October 16th were given a $0.26 dividend. The ex-dividend date was Friday, October 18th. This represents a $1.04 annualized dividend and a dividend yield of 4.52%. Patterson Companies’s dividend payout ratio is currently 60.82%.

Insider Transactions at Patterson Companies

In other news, CEO Donald Zurbay sold 1,962 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $23.08, for a total value of $45,282.96. Following the transaction, the chief executive officer now directly owns 222,736 shares in the company, valued at $5,140,746.88. This trade represents a 0.87 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Equity Investment Corp lifted its holdings in Patterson Companies by 10.6% during the third quarter. Equity Investment Corp now owns 1,739,669 shares of the company’s stock worth $37,994,000 after acquiring an additional 166,899 shares in the last quarter. Seven Eight Capital LP grew its holdings in Patterson Companies by 177.7% during the second quarter. Seven Eight Capital LP now owns 73,504 shares of the company’s stock worth $1,773,000 after purchasing an additional 47,032 shares during the period. Goodman Financial Corp increased its stake in shares of Patterson Companies by 19.1% during the third quarter. Goodman Financial Corp now owns 543,282 shares of the company’s stock worth $11,865,000 after purchasing an additional 86,972 shares during the period. Mork Capital Management LLC increased its stake in shares of Patterson Companies by 142.9% during the third quarter. Mork Capital Management LLC now owns 84,980 shares of the company’s stock worth $1,856,000 after purchasing an additional 50,000 shares during the period. Finally, Squarepoint Ops LLC increased its stake in shares of Patterson Companies by 191.2% during the second quarter. Squarepoint Ops LLC now owns 186,595 shares of the company’s stock worth $4,501,000 after purchasing an additional 122,511 shares during the period. 85.43% of the stock is currently owned by institutional investors.

Patterson Companies Company Profile

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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.

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Earnings History and Estimates for Patterson Companies (NASDAQ:PDCO)

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