On Tuesday, Patterson Companies Inc. (NASDAQ: PDCO) opened lower -1.64% from the last session, before settling in for the closing price of $23.22. Price fluctuations for PDCO have ranged from $22.77 to $34.53 over the past 52 weeks.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 3.92%. Company’s average yearly earnings per share was noted -5.39% at the time writing. With a float of $79.43 million, this company’s outstanding shares have now reached $96.35 million.
Let’s determine the extent of company efficiency that accounts for 7600 employees.
Patterson Companies Inc. (PDCO) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Medical Distribution industry is another important factor to consider. The insider ownership of Patterson Companies Inc. is 11.35%, while institutional ownership is 87.48%. The most recent insider transaction that took place on Dec 19 ’23, was worth 15,221. In this transaction Chief Financial Officer of this company sold 560 shares at a rate of $27.18, taking the stock ownership to the 21,674 shares. Before that another transaction happened on Dec 06 ’23, when Company’s President & CEO sold 1,868 for $26.58, making the entire transaction worth $49,651. This insider now owns 141,923 shares in total.
Patterson Companies Inc. (PDCO) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 1/31/2024, the company posted 0.84 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.7) by 0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.39% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.00% during the next five years compared to -0.34% drop over the previous five years of trading.
Patterson Companies Inc. (NASDAQ: PDCO) Trading Performance Indicators
Check out the current performance indicators for Patterson Companies Inc. (PDCO). In the past quarter, the stock posted a quick ratio of 0.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.03, a number that is poised to hit 0.83 in the next quarter and is forecasted to reach 2.40 in one year’s time.
Technical Analysis of Patterson Companies Inc. (PDCO)
Looking closely at Patterson Companies Inc. (NASDAQ: PDCO), its last 5-days average volume was 0.74 million, which is a drop from its year-to-date volume of 0.97 million. As of the previous 9 days, the stock’s Stochastic %D was 15.91%. Additionally, its Average True Range was 0.53.
During the past 100 days, Patterson Companies Inc.’s (PDCO) raw stochastic average was set at 2.37%, which indicates a significant decrease from 8.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.97% in the past 14 days, which was lower than the 24.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.30, while its 200-day Moving Average is $28.15. However, in the short run, Patterson Companies Inc.’s stock first resistance to watch stands at $23.22. Second resistance stands at $23.61. The third major resistance level sits at $23.89. If the price goes on to break the first support level at $22.55, it is likely to go to the next support level at $22.27. Now, if the price goes above the second support level, the third support stands at $21.88.
Patterson Companies Inc. (NASDAQ: PDCO) Key Stats
There are currently 89,592K shares outstanding in the company with a market cap of 2.05 billion. Presently, the company’s annual sales total 6,471 M according to its annual income of 207,560 K. Last quarter, the company’s sales amounted to 1,616 M and its income totaled 47,700 K.
