Investors finally get a glimpse of Patterson Companies Inc (PDCO) volume hitting the figure of 1.39 million.

Patterson Companies Inc (NASDAQ: PDCO) kicked off on Monday, up 5.67% from the previous trading day, before settling in for the closing price of $20.46. Over the past 52 weeks, PDCO has traded in a range of $19.45-$32.58.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 3.43%. While this was happening, its average annual earnings per share was recorded 0.82%. With a float of $77.77 million, this company’s outstanding shares have now reached $89.70 million.

The extent of productivity of a business whose workforce counts for 7600 workers is very important to gauge. In terms of profitability, gross margin is 21.03%, operating margin of 3.78%, and the pretax margin is 3.37%.

Patterson Companies Inc (PDCO) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Medical Distribution Industry. The insider ownership of Patterson Companies Inc is 11.77%, while institutional ownership is 87.17%. The most recent insider transaction that took place on Jul 16 ’24, was worth 180,328. In this transaction President & CEO of this company sold 7,216 shares at a rate of $24.99, taking the stock ownership to the 230,072 shares. Before that another transaction happened on Jul 03 ’24, when Company’s President & CEO sold 5,875 for $23.71, making the entire transaction worth $139,322. This insider now owns 237,288 shares in total.

Patterson Companies Inc (PDCO) Latest Financial update

In the latest quarterly report, which was put into the public domain on 7/31/2024, the organization reported 0.5 earnings per share (EPS), lower than consensus estimate (set at 0.59) by -0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.66 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 0.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.83% during the next five years compared to 17.28% growth over the previous five years of trading.

Patterson Companies Inc (NASDAQ: PDCO) Trading Performance Indicators

Take a look at Patterson Companies Inc’s (PDCO) current performance indicators. Last quarter, stock had a quick ratio of 0.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.29.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.83, a number that is poised to hit 0.49 in the next quarter and is forecasted to reach 2.52 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 0.99 million was superior to 0.95 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 62.14%. Additionally, its Average True Range was 0.72.

During the past 100 days, Patterson Companies Inc’s (PDCO) raw stochastic average was set at 29.73%, which indicates a significant decrease from 74.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.21% in the past 14 days, which was higher than the 38.54% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $20.99, while its 200-day Moving Average is $24.16. Now, the first resistance to watch is $22.11. This is followed by the second major resistance level at $22.61. The third major resistance level sits at $23.26. If the price goes on to break the first support level at $20.96, it is likely to go to the next support level at $20.31. The third support level lies at $19.81 if the price breaches the second support level.

Patterson Companies Inc (NASDAQ: PDCO) Key Stats

The company with the Market Capitalisation of 1.91 billion has total of 88,145K Shares Outstanding. Its annual sales at the moment are 6,568 M in contrast with the sum of 185,930 K annual income. Company’s last quarter sales were recorded 1,542 M and last quarter income was 13,720 K.