Ratio Analysis: Unpacking Patterson Companies Inc. (PDCO)’s Price-to-Cash and Price-to-Free Cash Flow

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After finishing at $25.56 in the prior trading day, Patterson Companies Inc. (NASDAQ: PDCO) closed at $25.44, down -0.47%. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 1.13 million shares were traded. PDCO stock price reached its highest trading level at $26.19 during the session, while it also had its lowest trading level at $25.345.

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 0.72 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 0.92 whereas as Long-Term Debt/Eq ratio is at 0.54.

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 Dec 19 ’23 when BARRY KEVIN MICHAEL sold 560 shares for $27.18 per share. The transaction valued at 15,221 led to the insider holds 21,674 shares of the business.

Zurbay Donald sold 1,868 shares of PDCO for $49,651 on Dec 06 ’23. The President & CEO now owns 141,923 shares after completing the transaction at $26.58 per share. On Dec 01 ’23, another insider, BARRY KEVIN MICHAEL, who serves as the Chief Financial Officer of the company, sold 1,627 shares for $25.36 each. As a result, the insider received 41,261 and left with 23,103 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 2289971456 and an Enterprise Value of 3056539392. As of this moment, Patterson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.55, and their Forward P/E ratio for the next fiscal year is 10.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 2.36. Its current Enterprise Value per Revenue stands at 0.465 whereas that against EBITDA is 8.328.

Stock Price History:

Over the past 52 weeks, PDCO has reached a high of $34.53, while it has fallen to a 52-week low of $24.77. The 50-Day Moving Average of the stock is -3.51%, while the 200-Day Moving Average is calculated to be -12.44%.

Shares Statistics:

The stock has traded on average 791.76K shares per day over the past 3-months and 1050940 shares per day over the last 10 days, according to various share statistics. A total of 96.35M shares are outstanding, with a floating share count of 79.43M. Insiders hold about 11.35% of the company’s shares, while institutions hold 89.65% stake in the company. Shares short for PDCO as of 1714435200 were 2912645 with a Short Ratio of 3.68, compared to 1711584000 on 2762433. Therefore, it implies a Short% of Shares Outstanding of 2912645 and a Short% of Float of 4.2.

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 0.040688574The stock’s 5-year Average Dividend Yield is 4.0.

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