11.37% percent quarterly performance for Patterson Companies Inc (PDCO) is not indicative of the underlying story

Patterson Companies Inc (NASDAQ: PDCO) on Tuesday, soared 0.48% from the previous trading day, before settling in for the closing price of $23.00. Within the past 52 weeks, PDCO’s price has moved between $19.45 and $30.68.

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Healthcare Sector giant saw their annual sales surged by 3.43% over the last five years. The company achieved an average annual earnings per share of -1.92%. With a float of $77.92 million, this company’s outstanding shares have now reached $88.32 million.

The firm has a total of 7600 workers. Let’s measure their productivity. In terms of profitability, gross margin is 20.79%, operating margin of 3.48%, and the pretax margin is 3.09%.

Patterson Companies Inc (PDCO) Insider Activity

Observing investor behavior towards Medical Distribution industry stocks is more important than anything else. The insider ownership of Patterson Companies Inc is 11.77%, while institutional ownership is 87.08%. The most recent insider transaction that took place on Dec 09 ’24, was worth 45,278. In this transaction President & CEO of this company sold 1,962 shares at a rate of $23.08, taking the stock ownership to the 222,736 shares. Before that another transaction happened on Jul 16 ’24, when Company’s President & CEO sold 7,216 for $24.99, making the entire transaction worth $180,328. This insider now owns 230,072 shares in total.

Patterson Companies Inc (PDCO) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -1.92% 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

Patterson Companies Inc (PDCO) is currently performing well based on its current performance indicators. A quick ratio of 0.76 was reported for the most recent quarter. 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 1.72, a number that is poised to hit 0.62 in the next quarter and is forecasted to reach 2.43 in one year’s time.

Technical Analysis of Patterson Companies Inc (PDCO)

Analysing the last 5-days average volume posted by the [Patterson Companies Inc, PDCO], we can find that recorded value of 1.37 million was better than the volume posted last year of 0.96 million. As of the previous 9 days, the stock’s Stochastic %D was 68.97%. Additionally, its Average True Range was 0.74.

During the past 100 days, Patterson Companies Inc’s (PDCO) raw stochastic average was set at 50.71%, which indicates a significant decrease from 79.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.44% in the past 14 days, which was lower than the 37.25% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $21.08, while its 200-day Moving Average is $23.85. Now, the first resistance to watch is $23.28. This is followed by the second major resistance level at $23.46. The third major resistance level sits at $23.71. If the price goes on to break the first support level at $22.86, it is likely to go to the next support level at $22.61. Should the price break the second support level, the third support level stands at $22.44.

Patterson Companies Inc (NASDAQ: PDCO) Key Stats

Market capitalization of the company is 2.04 billion based on 88,316K outstanding shares. Right now, sales total 6,568 M and income totals 185,930 K. The company made 1,674 M in profit during its latest quarter, and 26,770 K in sales during its previous quarter.