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After finishing at $20.76 in the prior trading day, Patterson Companies Inc (NASDAQ: PDCO) closed at $20.00, down -3.66%. In other words, the price has decreased by -$3.66 from its previous closing price. On the day, 0.93 million shares were traded. PDCO stock price reached its highest trading level at $20.67 during the session, while it also had its lowest trading level at $19.97.
Ratios:
Our goal is to gain a better understanding of PDCO by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 1830806016 and an Enterprise Value of 2524534016. As of this moment, Patterson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.91, and their Forward P/E ratio for the next fiscal year is 7.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 1.85. Its current Enterprise Value per Revenue stands at 0.386 whereas that against EBITDA is 7.257.
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 $19.89. The 50-Day Moving Average of the stock is -5.22%, while the 200-Day Moving Average is calculated to be -18.42%.
Shares Statistics:
The stock has traded on average 859.73K shares per day over the past 3-months and 863510 shares per day over the last 10 days, according to various share statistics. 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 88.92% stake in the company. Shares short for PDCO as of 1730332800 were 3361177 with a Short Ratio of 3.91, compared to 1727654400 on 3045242. Therefore, it implies a Short% of Shares Outstanding of 3361177 and a Short% of Float of 5.06.
Dividends & Splits
In the trailing 12 months, PDCO’s forward annual dividend rate was 1.04, compared to 1.04 this year. Against a Trailing Annual Dividend Yield of 0.050096337The stock’s 5-year Average Dividend Yield is 3.9.
