Patterson Stock Financials

PDCO
 Stock
  

USD 25.17  1.15  4.79%   

Financial data analysis helps to confirm if markets are presently mispricing Patterson Companies. We were able to break down thirty-eight available financial ratios for Patterson Companies, which can be compared to its competitors. To ensure the equity is not overpriced, please check all Patterson Companies financials, including its book value per share, total asset, and the relationship between the cash per share and price to earnings to growth . Given that Patterson Companies has a price to earning of 12.31 X, we recommend you to check out Patterson Companies recent market performance to make sure the company can sustain itself down the road. Use Patterson Companies to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a very speculative upward sentiment. Check odds of Patterson Companies to be traded at $31.46 in 90 days.
  
With this module, you can analyze Patterson financials for your investing period. You should be able to track the changes in Patterson Companies individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Patterson Companies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Patterson Companies' financial statements are interrelated, with each one affecting the others. For example, an increase in Patterson Companies' assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 30
Patterson Companies has less than 30 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Patterson Companies stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Patterson Companies' official financial statements usually reflect Patterson Companies' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Patterson Companies. For example, before you start analyzing numbers published by Patterson accountants, it's critical to develop an understanding of what Patterson Companies' liquidity, profitability, and earnings quality are in the context of the Healthcare space in which it operates.
Please note, the presentation of Patterson Companies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Patterson Companies' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Patterson Companies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Patterson Companies. Please utilize our Beneish M Score to check the likelihood of Patterson Companies' management to manipulate its earnings.

Patterson Companies Company Summary

Patterson Companies competes with Amazon. Patterson Companies, Inc. engages in distribution of dental and animal health products in the United States, the United Kingdom, and Canada. Patterson Companies, Inc. was founded in 1877 and is headquartered in Saint Paul, Minnesota. Patterson Companies operates under Medical Distribution classification in the United States and is traded on NASDAQ Exchange. It employs 7700 people.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
Business Address1031 Mendota Heights
SectorHealthcare
IndustryMedical Distribution
BenchmarkDOW
Websitewww.pattersoncompanies.com
Phone651 686 1600
CurrencyUSD - US Dollar
You should never invest in Patterson Companies without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Patterson Stock, because this is throwing your money away. Analyzing the key information contained in Patterson Companies' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Patterson Companies Key Financial Ratios

Generally speaking, Patterson Companies' financial ratios allow both analysts and investors to convert raw data from Patterson Companies' financial statements into concise, actionable information that can be used to evaluate the performance of Patterson Companies over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Patterson Companies reports annually and quarterly.

Patterson Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Patterson Companies's current stock value. Our valuation model uses many indicators to compare Patterson Companies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Patterson Companies competition to find correlations between indicators driving Patterson Companies's intrinsic value. More Info.
Patterson Companies is considered to be number one stock in price to earning category among related companies. It is considered to be number one stock in total asset category among related companies fabricating about  286,011,698  of Total Asset per Price to Earning. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Patterson Companies by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Patterson Companies' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Patterson Companies' earnings, one of the primary drivers of an investment's value.

Patterson Companies Systematic Risk

Patterson Companies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Patterson Companies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Patterson Companies correlated with the market. If Beta is less than 0 Patterson Companies generally moves in the opposite direction as compared to the market. If Patterson Companies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Patterson Companies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Patterson Companies is generally in the same direction as the market. If Beta > 1 Patterson Companies moves generally in the same direction as, but more than the movement of the benchmark.
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About Patterson Companies Financials

What exactly are Patterson Companies Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Patterson Companies' income statement, its balance sheet, and the statement of cash flows. Potential Patterson Companies investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Patterson Companies investors may use each financial statement separately, they are all related. The changes in Patterson Companies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Patterson Companies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Patterson Companies is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Patterson has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Patterson Companies October 4, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Patterson Companies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Patterson Companies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Patterson Companies based on widely used predictive technical indicators. In general, we focus on analyzing Patterson Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Patterson Companies's daily price indicators and compare them against related drivers.
Information Ratio(0.12)
Maximum Drawdown9.4
Value At Risk(2.84)
Potential Upside2.92
Please check Your Equity Center. Note that the Patterson Companies information on this page should be used as a complementary analysis to other Patterson Companies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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Is Patterson Companies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patterson Companies. If investors know Patterson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patterson Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Patterson Companies is measured differently than its book value, which is the value of Patterson that is recorded on the company's balance sheet. Investors also form their own opinion of Patterson Companies' value that differs from its market value or its book value, called intrinsic value, which is Patterson Companies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patterson Companies' market value can be influenced by many factors that don't directly affect Patterson Companies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Patterson Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine Patterson Companies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patterson Companies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.