Patterson Stock Buy Hold or Sell Recommendation

PDCO
 Stock
  

USD 29.10  0.19  0.65%   

Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Patterson Companies is 'Strong Hold'. Macroaxis provides Patterson Companies buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PDCO positions. The advice algorithm takes into account all of Patterson Companies' available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Patterson Companies' buy-and-hold perspective. Please check Patterson Companies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Patterson and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Patterson Companies.

Execute Patterson Companies Buy or Sell Advice

The Patterson recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Patterson Companies. Macroaxis does not own or have any residual interests in Patterson Companies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Patterson Companies' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Patterson CompaniesBuy Patterson Companies
Strong Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Inapplicable
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Patterson Companies has a Risk Adjusted Performance of 0.0538, Jensen Alpha of 0.0081, Total Risk Alpha of (0.028609), Sortino Ratio of 0.0037 and Treynor Ratio of 0.07
Our recommendation module complements current analysts and expert consensus on Patterson Companies. It analyzes the company potential to grow using all fundamental, technical, and market related data available at the time. To make sure Patterson Companies is not overpriced, please check all Patterson Companies fundamentals, 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 13.85 X, we recommend you to check out Patterson Companies market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Patterson Companies Trading Alerts and Improvement Suggestions

Patterson Companies currently holds about 153.23 M in cash with (970.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.58.
Patterson Companies has a poor financial position based on the latest SEC disclosures
Over 83.0% of the company shares are owned by institutional investors
On 4th of November 2022 Patterson Companies paid $ 0.26 per share dividend to its current shareholders
Latest headline from news.google.com: Patterson Enters Agreement to Acquire Relief Services for Veterinary Practitioners and Animal Care Technologies - Marketscreener.com

Patterson Companies current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Patterson analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Patterson analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price31.82
Target Median Price33.00
Target High Price37.00
Recommendation Mean2.90
Number Of Analyst Opinions11
Target Low Price26.00
Average Consensus Hold
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Patterson Companies Returns Distribution Density

The distribution of Patterson Companies' historical returns is an attempt to chart the uncertainty of Patterson Companies' future price movements. The chart of the probability distribution of Patterson Companies stock daily returns describes the distribution of returns around its average expected value. We use Patterson Companies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Patterson Companies returns is essential to provide solid investment advice for Patterson Companies.
Mean Return0.08Value At Risk-2.83
Potential Upside3.97Standard Deviation2.24
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Patterson Companies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Patterson Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Patterson Companies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Patterson Companies backward and forwards among themselves. Patterson Companies' institutional investor refers to the entity that pools money to purchase Patterson Companies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares11.3 K342 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares11.3 K366 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares11.3 K332 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares9.3 K282 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares9.3 K284 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares8.3 K264 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares11.3 K334 K
Note, although Patterson Companies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Patterson Companies Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Patterson Companies or Healthcare sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Patterson Companies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Patterson stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.008097
β
Beta against DOW0.99
σ
Overall volatility
2.25
Ir
Information ratio 0.0034

Patterson Companies Volatility Alert

Patterson Companies currently demonstrates below-average downside deviation. It has Information Ratio of 0.0 and Jensen Alpha of 0.01. However, we advise investors to further question Patterson Companies expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Patterson Companies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Patterson Companies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Patterson Companies Fundamentals Vs Peers

Comparing Patterson Companies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Patterson Companies' direct or indirect competition across all of the common fundamentals between Patterson Companies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Patterson Companies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Patterson Companies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Patterson Companies by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Patterson Companies to competition
FundamentalsPatterson CompaniesPeer Average
Return On Equity19.14 %(0.31) %
Return On Asset5.34 %(0.14) %
Profit Margin3.03 %(1.27) %
Operating Margin4.95 %(5.51) %
Current Valuation3.17 B16.62 B
Shares Outstanding97.5 M571.82 M
Shares Owned by Insiders10.87 %10.09 %
Shares Owned by Institutions82.79 %39.21 %
Number of Shares Shorted4.34 M4.71 M
Price to Earning13.85 X28.72 X
Price to Book2.99 X9.51 X
Price to Sales0.44 X11.42 X
Revenue6.41 B9.43 B
Gross Profit1.29 B27.38 B
EBITDA316.99 M3.9 B
Net Income193.8 M570.98 M
Cash and Equivalents153.23 M2.7 B
Cash per Share1.58 X5.01 X
Total Debt718.46 M5.32 B
Debt to Equity0.70 %48.70 %
Current Ratio1.63 X2.16 X
Book Value Per Share9.74 X1.93 K
Cash Flow from Operations(970.11 M)971.22 M
Short Ratio5.33 X4.00 X
Earnings Per Share(5.05) X3.12 X
Price to Earnings To Growth2.92 X4.89 X
Number of Employees7.7 K18.84 K
Beta1.26-0.15
Market Capitalization2.84 B19.03 B
Total Asset3.52 B29.47 B
Retained Earnings1.44 B9.33 B
Working Capital918.21 M1.48 B
Current Asset1.75 B9.34 B
   Acquisition by Mckoy Philip of 5326 shares of Patterson Companies subject to Rule 16b-3 [view details]

About Patterson Companies Buy or Sell Advice

When is the right time to buy or sell Patterson Companies? Buying financial instruments such as Patterson Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2010 2011 2021 2022 (projected)
Receivables452.75 M449.24 M447.16 M477.81 M
Inventories288.73 M736.78 M785.6 M656.65 M

Use Investing Ideas to Build Portfolios

In addition to having Patterson Companies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Aggressive Defence Thematic Idea Now

Aggressive Defence
Aggressive Defence Theme
Macroaxis small cap, aggressive-outlook picks designed for investors that are willing to accept higher levels of risk to hedge exposure to above-average market volatility. The Aggressive Defence theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aggressive Defence Theme or any other thematic opportunities.
View All  Next Launch
Please check Patterson Companies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Patterson Stock analysis

When running Patterson Companies price analysis, check to measure Patterson Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Patterson Companies is operating at the current time. Most of Patterson Companies' value examination focuses on studying past and present price action to predict the probability of Patterson Companies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Patterson Companies' price. Additionally, you may evaluate how the addition of Patterson Companies to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
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.
Quarterly Earnings Growth YOY
(0.29) 
Market Capitalization
2.8 B
Quarterly Revenue Growth YOY
(0.06) 
Return On Assets
0.0534
Return On Equity
0.19
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.