Patterson Companies (NASDAQ:PDCO) posted its quarterly earnings results on Wednesday. The company reported $0.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.17 by $0.26, MarketWatch Earnings reports. Patterson Companies had a positive return on equity of 9.99% and a negative net margin of 10.72%. The firm had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the previous year, the business earned $0.37 earnings per share. The company’s revenue was down 10.5% on a year-over-year basis.
NASDAQ:PDCO opened at $21.84 on Friday. The stock has a 50-day simple moving average of $18.25 and a two-hundred day simple moving average of $19.69. Patterson Companies has a 52-week low of $12.93 and a 52-week high of $25.70. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.69 and a current ratio of 1.41. The firm has a market capitalization of $1.92 billion, a PE ratio of -3.51, a P/E/G ratio of 3.74 and a beta of 1.53.
The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 4.76%. The ex-dividend date of this dividend is Thursday, July 16th. Patterson Companies’s dividend payout ratio is presently 67.10%.
Patterson Companies Company Profile
Patterson Companies, Inc distributes and sells dental and animal health products in the United States, the United Kingdom, and Canada. It operates through Dental and Animal Health segments. The company's Dental segment offers consumable products, such as infection control, restorative materials, hand instruments, and sterilization products; basic and advanced technology dental equipment; patient education systems; and office forms and stationery.
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