Les Korsh - Patterson Companies Vice President General Counsel, Secretary

PDCO
 Stock
  

USD 24.84  0.82  3.41%   

  President
Mr. Les B. Korsh is an Vice President, General Counsel, Secretary of the Company. Mr. Korsh served as Pattersons Associate General Counsel since June 2014. Prior to joining Patterson, Mr. Korsh held positions as Vice President and Associate General Counsel for MoneyGram International, Inc. from May 2004 to May 2014, and was a principal in the law firm of Gray Plant Mooty, P.A. from June 1999 to May 2004. He has served as a director of the Patterson Foundation since June 2016.
Age: 46  President Since 2015      
651 686 1600  https://www.pattersoncompanies.com

Les Korsh Latest Insider Activity

Tracking and analyzing the buying and selling activities of Les Korsh against Patterson Companies stock is an integral part of due diligence when investing in Patterson Companies. Les Korsh insider activity provides valuable insight into whether Patterson Companies is net buyers or sellers over its current business cycle. Note, Patterson Companies insiders must abide by specific rules, including filing SEC forms every time they buy or sell Patterson Companies'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Patterson Companies Management Efficiency

Patterson Companies has return on total asset (ROA) of 4.47 % which means that it generated profit of $4.47 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 20.1 %, meaning that it created $20.1 on every $100 dollars invested by stockholders. Patterson Companies management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 600.5 M in liabilities with Debt to Equity (D/E) ratio of 0.57, which is about average as compared to similar companies. Patterson Companies has a current ratio of 1.62, which is within standard range for the sector. Debt can assist Patterson Companies until it has trouble settling it off, either with new capital or with free cash flow. So, Patterson Companies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Patterson Companies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Patterson to invest in growth at high rates of return. When we think about Patterson Companies' use of debt, we should always consider it together with cash and equity.

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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. Patterson Companies (PDCO) is traded on NASDAQ Exchange in USA and employs 7,700 people.

Patterson Companies Leadership Team

Elected by the shareholders, the Patterson Companies' board of directors comprises two types of representatives: Patterson Companies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Patterson. The board's role is to monitor Patterson Companies' management team and ensure that shareholders' interests are well served. Patterson Companies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Patterson Companies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Kevin Pohlman, Interim President - Patterson Animal Health
Dennis Goedken, Interim CFO, Treasurer
Alex Blanco, Director
Sean Muniz, Vice President - Operations
Neil Schrimsher, Director
John Wright, Vice President of Investor Relations
Paul Guggenheim, President of Patterson Dental Supply, Inc.
Ellen Rudnick, Independent Director
Donald Zurbay, CFO
Sarena Lin, Director
Les Vinney, Independent Director
Les Korsh, Vice President General Counsel, Secretary
Francis Malecha, Director
Robert Frenzel, Director
Jerome Thygesen, Vice President - Human Resources
Douglas Jones, President - Companion Animal Group
James Wiltz, Director
George Henriques, President of Patterson Veterinary Supply, Inc.
David Misiak, President - Patterson Dental North America
Kelly Baker, Chief Human Resource Officer
Mark Walchirk, President CEO, Director
Ann Gugino, CFO, Executive VP and Treasurer
Jody Feragen, Independent Director
Ranell Hamm, CIO
John Buck, Independent Director
Scott Anderson, Chairman, CEO and Pres
John Adent, CEO - Patterson Animal Health

Patterson Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Patterson Companies a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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.
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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.