Patterson Stock Analysis

PDCO
 Stock
  

USD 26.03  0.05  0.19%   

Patterson Companies price slide over the last few months may encourage institutional investors to take a closer look at the company as it is trading at a share price of 26.03 on 882,424 in trading volume. The company directors and management were not very successful in positioning the company resources to exploit market volatility in September. However, diversifying your holdings with Patterson Companies or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.76. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
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The Patterson Companies stock analysis report makes it easy to digest most publicly released information about Patterson Companies and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Patterson Stock analysis module also helps to analyze the Patterson Companies price relationship with some important fundamental indicators such as market cap and management efficiency.

Patterson Stock Analysis Notes

About 85.0% of the company shares are owned by institutional investors. The book value of Patterson Companies was at this time reported as 9.74. The company recorded a loss per share of 5.05. Patterson Companies last dividend was issued on the 21st of July 2022. The entity had 2:1 split on the 25th of October 2004. 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. To find out more about Patterson Companies contact Mark Walchirk at 651 686 1600 or learn more at https://www.pattersoncompanies.com.

Patterson Companies Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Patterson Companies' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Patterson Companies or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Patterson Companies generated a negative expected return over the last 90 days
Patterson Companies currently holds about 145.89 M in cash with (980.99 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.51.
Over 85.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: Patterson Companies Seems To Use Debt Quite Sensibly - Simply Wall St

Patterson Companies Upcoming and Recent Events

Earnings reports are used by Patterson Companies to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Patterson Companies previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report2nd of March 2022
Next Financial Report22nd of June 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End22nd of June 2022
Last Quarter Report31st of October 2021
Last Financial Announcement31st of January 2021

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
Price T Rowe Associates IncCommon Shares10.7 M325 M
Blackrock IncCommon Shares10.3 M312.5 M
Vanguard Group IncCommon SharesM271.2 M
Dimensional Fund Advisors LpCommon SharesM120.6 M
American Century Companies IncCommon Shares3.1 M93.1 M
State Street CorpCommon Shares2.8 M84.4 M
Westwood Holdings Group IncCommon Shares1.8 M55.1 M
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 Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 2.34 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Patterson Companies's market, we take the total number of its shares issued and multiply it by Patterson Companies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Patterson Profitablity

Patterson Companies' profitability indicators refer to fundamental financial ratios that showcase Patterson Companies' ability to generate income relative to its revenue or operating costs. If, let's say, Patterson Companies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Patterson Companies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Patterson Companies' profitability requires more research than a typical breakdown of Patterson Companies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 3.13 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is normal as compared to the sector avarege. Similarly, it shows Operating Margin (OM) of 4.28 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.04.

Management Efficiency

The entity 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 patterson companies manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 5th of October, Patterson Companies holds the risk adjusted performance of (0.16), and Coefficient Of Variation of (768.11). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Patterson Companies, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down nineteen technical drivers for Patterson Companies, which can be compared to its competitors. Please check Patterson Companies jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Patterson Companies is priced some-what accurately, providing market reflects its current price of 26.03 per share. Given that Patterson Companies has jensen alpha of (0.21), we recommend you to check out Patterson Companies's recent market performance to make sure the company can sustain itself at a future point.

Patterson Companies Price Movement Analysis

The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The MESA Adaptive Moving Average indicator adapts to Patterson Companies price movement based on the rate change of phase as measured by the Hilbert Transform Discriminator.
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Patterson Companies Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Patterson Companies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Patterson Companies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Patterson Companies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Patterson Companies Predictive Daily Indicators

Patterson Companies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Patterson Companies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Patterson Companies Forecast Models

Patterson Companies time-series forecasting models is one of many Patterson Companies' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Patterson Companies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Patterson Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Patterson Companies prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Patterson shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Patterson Companies. By using and applying Patterson Stock analysis, traders can create a robust methodology for identifying Patterson entry and exit points for their positions.
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.

Current Patterson Analysis - Recommendations

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 PriceAdvice# of Analysts
35.5Hold6Odds
Patterson Companies current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Patterson analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Patterson stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Patterson Companies, talking to its executives and customers, or listening to Patterson conference calls.
Patterson Analyst Advice Details

Patterson Stock Analysis Indicators

Patterson Companies stock analysis indicators help investors evaluate how Patterson Companies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Patterson Companies shares will generate the highest return on investment. By understating and applying Patterson Companies stock analysis, traders can identify Patterson Companies position entry and exit signals to maximize returns.
Quick Ratio0.78
Trailing Annual Dividend Rate1.04
Fifty Two Week Low23.87
Revenue Growth4.90%
Payout Ratio50.49%
Average Daily Volume Last 10 Day796.76k
Shares Short Prior Month5.32M
Average Daily Volume In Three Month808.53k
Earnings Growth119.40%
Shares Percent Shares Out6.12%
Earnings Quarterly Growth122.10%
Gross Margins19.83%
Forward Price Earnings9.80
Short Percent Of Float9.55%
Float Shares86.29M
Fifty Two Week High35.29
Fifty Day Average28.33
Enterprise Value To Ebitda12.44
Two Hundred Day Average29.82
Enterprise Value To Revenue0.53
Trailing Annual Dividend Yield4.29%
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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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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.