Some Investing Thoughts On Patterson Companies Inc (NASDAQ: PDCO)

Patterson Companies Inc (PDCO) concluded trading on Wednesday at a closing price of $31.33, with 9.36 million shares of worth about $293.21 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 49.83% during that period and on April 16, 2025 the price saw a gain of about 0.03%. Currently the company’s common shares owned by public are about 88.45M shares, out of which, 78.08M shares are available for trading.

Stock saw a price change of 0.35% in past 5 days and over the past one month there was a price change of 0.48%. Year-to-date (YTD), PDCO shares are showing a performance of 1.52% which increased to 23.59% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $19.45 but also hit the highest price of $31.79 during that period. The average intraday trading volume for Patterson Companies Inc shares is 1.54 million. The stock is currently trading 0.51% above its 20-day simple moving average (SMA20), while that difference is up 0.66% for SMA50 and it goes to 19.68% higher than SMA200.

Patterson Companies Inc (NASDAQ: PDCO) currently have 88.45M outstanding shares and institutions hold larger chunk of about 90.78% of that.

The stock has a current market capitalization of $2.77B and its 3Y-monthly beta is at 0.62. PE ratio of stock for trailing 12 months is 20.21, while it has posted earnings per share of $1.55 in the same period. Its PEG reads 18.20 and has Quick Ratio of 0.73 while making debt-to-equity ratio of 0.88. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PDCO, volatility over the week remained 0.48% while standing at 0.45% over the month.

Stock’s fiscal year EPS is expected to drop by -12.64% while it is estimated to increase by 11.36% in next year. EPS is likely to shrink at an annualized rate of 1.11% for next 5-years, compared to annual growth of 17.28% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Mizuho on December 04, 2024 offering a Neutral rating for the stock and assigned a target price of $23 to it. Coverage by Piper Sandler stated Patterson Companies Inc (PDCO) stock as a Neutral in their note to investors on February 29, 2024, suggesting a price target of $28 for the stock. On February 26, 2024, Leerink Partners Initiated their recommendations, while on May 13, 2022, Credit Suisse Resumed their ratings for the stock with a price target of $36. Stock get an Equal-weight rating from Morgan Stanley on January 31, 2022.

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