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In the latest session, Patterson Companies Inc (NASDAQ: PDCO) closed at $31.32 down -0.06% from its previous closing price of $31.34. In other words, the price has decreased by -$0.06 from its previous closing price. On the day, 1.94 million shares were traded. PDCO stock price reached its highest trading level at $31.33 during the session, while it also had its lowest trading level at $31.31.
Ratios:
For a deeper understanding of Patterson Companies Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.42.
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 this company, Mizuho on December 04, 2024, initiated with a Neutral rating and assigned the stock a target price of $23.
On February 29, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $34 to $28.
On February 26, 2024, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $36.Leerink Partners initiated its Outperform rating on February 26, 2024, with a $36 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 09 ’24 when Zurbay Donald sold 1,962 shares for $23.08 per share. The transaction valued at 45,278 led to the insider holds 222,736 shares of the business.
Zurbay Donald sold 7,216 shares of PDCO for $180,328 on Jul 16 ’24. The President & CEO now owns 230,072 shares after completing the transaction at $24.99 per share. On Jul 03 ’24, another insider, Zurbay Donald, who serves as the President & CEO of the company, sold 5,875 shares for $23.71 each. As a result, the insider received 139,322 and left with 237,288 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 2770999296 and an Enterprise Value of 3513801728. As of this moment, Patterson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.20, and their Forward P/E ratio for the next fiscal year is 14.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 18.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 2.80. Its current Enterprise Value per Revenue stands at 0.54 whereas that against EBITDA is 11.125.
Stock Price History:
The Beta on a monthly basis for PDCO is 0.62, which has changed by 0.21725607 over the last 52 weeks, in comparison to a change of 0.07455289 over the same period for the S&P500. Over the past 52 weeks, PDCO has reached a high of $31.79, while it has fallen to a 52-week low of $19.45. The 50-Day Moving Average of the stock is 0.65%, while the 200-Day Moving Average is calculated to be 19.80%.
Shares Statistics:
For the past three months, PDCO has traded an average of 1.53M shares per day and 3467420 over the past ten days. A total of 88.45M shares are outstanding, with a floating share count of 78.08M. Insiders hold about 11.74% of the company’s shares, while institutions hold 90.78% stake in the company. Shares short for PDCO as of 1743379200 were 2785079 with a Short Ratio of 1.82, compared to 1740700800 on 2021638. Therefore, it implies a Short% of Shares Outstanding of 2785079 and a Short% of Float of 4.2299999999999995.
Dividends & Splits
According to the company, the forward annual dividend rate for PDCO is 0.78, from 0.78 in the trailing year. Against a Trailing Annual Dividend Yield of 0.02488832The stock’s 5-year Average Dividend Yield is 3.75. The current Payout Ratio is 52.40% for PDCO, which recently paid a dividend on 2024-10-18 with an ex-dividend date of 1729209600. Stock splits for the company last occurred on 2004-10-25 when the company split stock in a 2:1 ratio.
