At the time of writing, Patterson Companies Inc [PDCO] stock is trading at $31.08, up 0.03%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PDCO shares have gain 0.10% over the last week, with a monthly amount glided 0.48%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Patterson Companies Inc [NASDAQ: PDCO] stock has seen the most recent analyst activity on December 04, 2024, when Mizuho initiated its Neutral rating and assigned the stock a price target of $23. Previously, Piper Sandler downgraded its rating to Neutral on February 29, 2024, and dropped its price target to $28. On February 26, 2024, Leerink Partners initiated with a Outperform rating and assigned a price target of $36 on the stock. Morgan Stanley initiated its recommendation with a Equal-Weight and recommended $30 as its price target on January 31, 2022. In a note dated June 17, 2021, Piper Sandler upgraded an Overweight rating on this stock and boosted its target price from $34 to $44.
For the past year, the stock price of Patterson Companies Inc fluctuated between $19.45 and $31.79. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. Patterson Companies Inc [NASDAQ: PDCO] shares were valued at $31.08 at the most recent close of the market. An investor can expect a potential drop of -26.0% based on the average PDCO price forecast.
Analyzing the PDCO fundamentals
According to Patterson Companies Inc [NASDAQ:PDCO], the company’s sales were 6.55B for trailing twelve months, which represents an 1.31% jump. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.16 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 31.05 points at the first support level, and at 31.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.12, and for the 2nd resistance point, it is at 31.16.
Ratios To Look Out For
It is important to note that Patterson Companies Inc [NASDAQ:PDCO] has a current ratio of 1.37. In addition, the Quick Ratio stands at 0.76 and the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 0.42, the price to book ratio is 2.85 and price to earnings (TTM) ratio is 18.12.
Transactions by insiders
Recent insider trading involved Zurbay Donald, President & CEO, that happened on Dec 09 ’24 when 1962.0 shares were sold. President & CEO, Zurbay Donald completed a deal on Jul 16 ’24 to sell 7216.0 shares. Meanwhile, President & CEO Zurbay Donald sold 5875.0 shares on Jul 03 ’24.
