PDCO Shares Gain Following New Deals to Boost Animal Health Business [Yahoo! Finance]
Patterson Companies, Inc. (PDCO)
Last patterson companies, inc. earnings: 2/27 07:00 am
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US:NASDAQ Investor Relations:
investor.pattersoncompanies.com/overview/default.aspx
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Source: Yahoo! Finance
Patterson Companies PDCO recently announced that it has signed two separate acquisition agreements for its Animal Health business, Infusion Concepts in the United Kingdom and Mountain Vet Supply in the United States. These acquisition agreements are likely to further strengthen PDCO's Animal Health business. Terms of the transaction are not yet disclosed. Patterson Companies expects to close the transactions during the second quarter of fiscal 2025. Likely Trend of PDCO Stock Following the News Following the announcement, shares of the company moved 1.8% north and closed at $21.53 on Thursday. Patterson Companies' growing Animal Health unit is a key long-term growth driver. Management at Patterson Companies expects the global animal health supply market to continue its growth trend on the back of rising households with companion animals, increased pet adoption rates and increased expenditures on animal health. Accordingly, we anticipate the PDCO stock to gain investors' optim
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PDCO
News
- Patterson Invests in Business in the U.S. and U.K.Business Wire
- Patterson Companies Declares Regular Quarterly Cash DividendBusiness Wire
- Patterson Companies: Unable To Compound Capital At An Advantage (Rating Downgrade) [Seeking Alpha]Seeking Alpha
- Here's Why You Should Retain PDCO Stock in Your Portfolio for Now [Yahoo! Finance]Yahoo! Finance
- Patterson Companies, Inc. (NASDAQ: PDCO) had its price target lowered by analysts at UBS Group AG from $27.00 to $24.00. They now have a "neutral" rating on the stock.MarketBeat
PDCO
Earnings
- 8/28/24 - Miss
PDCO
Sec Filings
- 9/18/24 - Form 4
- 9/18/24 - Form 4
- 9/18/24 - Form 4
- PDCO's page on the SEC website