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The price of Patterson Companies Inc. (NASDAQ: PDCO) closed at $21.15 in the last session, down -2.26% from day before closing price of $21.64. In other words, the price has decreased by -$2.26 from its previous closing price. On the day, 0.55 million shares were traded. PDCO stock price reached its highest trading level at $21.865 during the session, while it also had its lowest trading level at $21.08.
Ratios:
We take a closer look at PDCO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.44.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on February 29, 2024, Downgraded its rating to Neutral and sets its target price to $28 from $34 previously.
On February 26, 2024, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $36.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 16 ’24 when Zurbay Donald sold 7,216 shares for $24.99 per share. The transaction valued at 180,328 led to the insider holds 230,072 shares of the business.
Zurbay Donald sold 5,875 shares of PDCO for $139,322 on Jul 03 ’24. The President & CEO now owns 237,288 shares after completing the transaction at $23.71 per share. On Jul 03 ’24, another insider, KORSH LES B, who serves as the CLO & Corporate Secretary of the company, sold 2,842 shares for $23.71 each. As a result, the insider received 67,398 and left with 103,765 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PDCO now has a Market Capitalization of 1864266752 and an Enterprise Value of 2625900800. As of this moment, Patterson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.54, and their Forward P/E ratio for the next fiscal year is 8.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 0.402 whereas that against EBITDA is 7.548.
Stock Price History:
Over the past 52 weeks, PDCO has reached a high of $32.58, while it has fallen to a 52-week low of $19.96. The 50-Day Moving Average of the stock is -10.87%, while the 200-Day Moving Average is calculated to be -18.35%.
Shares Statistics:
According to the various share statistics, PDCO traded on average about 880.67K shares per day over the past 3-months and 861450 shares per day over the past 10 days. A total of 89.70M shares are outstanding, with a floating share count of 77.69M. Insiders hold about 11.86% of the company’s shares, while institutions hold 87.15% stake in the company. Shares short for PDCO as of 1724976000 were 3413971 with a Short Ratio of 3.92, compared to 1722384000 on 3002990. Therefore, it implies a Short% of Shares Outstanding of 3413971 and a Short% of Float of 5.140000000000001.
Dividends & Splits
The forward annual dividend rate for PDCO is 1.04, which was 1.04 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.04805915The stock’s 5-year Average Dividend Yield is 3.94.
