On Monday, Patterson Companies Inc. (NASDAQ: PDCO) opened higher 0.97% from the last session, before settling in for the closing price of $22.63. Price fluctuations for PDCO have ranged from $22.29 to $34.53 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 3.92%. Company’s average yearly earnings per share was noted -5.73% at the time writing. With a float of $79.43 million, this company’s outstanding shares have now reached $96.35 million.
The extent of productivity of a business whose workforce counts for 7600 workers is very important to gauge.
Patterson Companies Inc. (PDCO) Insider and Institutional Ownership
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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -5.73% 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 0.82 in the next quarter and is forecasted to reach 2.39 in one year’s time.
Technical Analysis of Patterson Companies Inc. (PDCO)
The latest stats from [Patterson Companies Inc., PDCO] show that its last 5-days average volume of 1.35 million was superior to 0.98 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 21.32%. Additionally, its Average True Range was 0.54.
During the past 100 days, Patterson Companies Inc.’s (PDCO) raw stochastic average was set at 6.84%, which indicates a significant decrease from 22.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.98% in the past 14 days, which was lower than the 24.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.01, while its 200-day Moving Average is $27.95. Now, the first resistance to watch is $23.15. This is followed by the second major resistance level at $23.44. The third major resistance level sits at $23.77. If the price goes on to break the first support level at $22.53, it is likely to go to the next support level at $22.20. The third support level lies at $21.91 if the price breaches the second support level.
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.
