Is Patterson Companies Stock a Good Investment?
Patterson Companies Investment Advice | PDCO |
- Examine Patterson Companies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Patterson Companies' leadership team and their track record. Good management can help Patterson Companies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Providers & Services space and any emerging trends that could impact Patterson Companies' business and its evolving consumer preferences.
- Compare Patterson Companies' performance and market position to its competitors. Analyze how Patterson Companies is positioned in terms of product offerings, innovation, and market share.
- Check if Patterson Companies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Patterson Companies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Patterson Companies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Patterson Companies is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Patterson Companies Stock
Researching Patterson Companies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 91.0% of the company shares are owned by institutional investors. The book value of Patterson Companies was at this time reported as 11.19. The company has Price/Earnings To Growth (PEG) ratio of 2.1. Patterson Companies last dividend was issued on the 18th of October 2024. The entity had 2:1 split on the 25th of October 2004.
To determine if Patterson Companies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Patterson Companies' research are outlined below:
| Patterson Companies currently holds about 153.23 M in cash with (789.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.58. | |
| Patterson Companies has a poor financial position based on the latest SEC disclosures | |
| Over 91.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: StockNews.com Begins Coverage on Patterson Companies |
Patterson Companies Quarterly Liabilities And Stockholders Equity |
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Patterson Companies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Patterson Companies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Patterson Companies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 19th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 19th of June 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 30th of April 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Patterson Companies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Patterson Companies' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
1999-08-26 | 1999-07-31 | 0.1 | 0.11 | 0.01 | 10 | ||
1999-05-20 | 1999-04-30 | 0.1 | 0.11 | 0.01 | 10 | ||
1997-11-20 | 1997-10-31 | 0.07 | 0.08 | 0.01 | 14 | ||
1997-02-18 | 1997-01-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2019-08-29 | 2019-07-31 | 0.24 | 0.27 | 0.03 | 12 | ||
2022-03-02 | 2022-01-31 | 0.5 | 0.55 | 0.05 | 10 | ||
2019-12-05 | 2019-10-31 | 0.34 | 0.39 | 0.05 | 14 | ||
2022-12-01 | 2022-10-31 | 0.57 | 0.63 | 0.06 | 10 |
Patterson Companies Target Price Consensus
Patterson target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Patterson Companies' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 12 | Hold |
Most Patterson analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Patterson stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Patterson Companies, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationPatterson Companies Target Price Projection
Patterson Companies' current and average target prices are 31.20 and 30.51, respectively. The current price of Patterson Companies is the price at which Patterson Companies is currently trading. On the other hand, Patterson Companies' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Patterson Companies Market Quote on 24th of March 2025
Target Price
Analyst Consensus On Patterson Companies Target Price
Patterson Companies Analyst Ratings
Patterson Companies' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Patterson Companies stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Patterson Companies' financials, market performance, and future outlook by experienced professionals. Patterson Companies' historical ratings below, therefore, can serve as a valuable tool for investors.Know Patterson Companies' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Patterson Companies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Patterson Companies backward and forwards among themselves. Patterson Companies' institutional investor refers to the entity that pools money to purchase Patterson Companies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of New York Mellon Corp | 2024-12-31 | 1.5 M | Private Management Group Inc | 2024-12-31 | 1.4 M | Neuberger Berman Group Llc | 2024-12-31 | 1.3 M | River Road Asset Management, Llc | 2024-12-31 | 1.3 M | Glazer Capital, Llc | 2024-12-31 | 1.2 M | Northern Trust Corp | 2024-12-31 | 1.2 M | Allianz Asset Management Ag | 2024-12-31 | 1.2 M | Goldman Sachs Group Inc | 2024-12-31 | 1 M | Lsv Asset Management | 2024-12-31 | 910.1 K | Blackrock Inc | 2024-12-31 | 12.7 M | Vanguard Group Inc | 2024-12-31 | 9.4 M |
Patterson Companies' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.76 B.Market Cap |
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Patterson Companies' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.09 | 0.13 | |
| Return On Capital Employed | 0.09 | 0.09 | |
| Return On Assets | 0.07 | 0.10 | |
| Return On Equity | 0.19 | 0.29 |
Determining Patterson Companies' profitability involves analyzing its financial statements and using various financial metrics to determine if Patterson Companies is a good buy. For example, gross profit margin measures Patterson Companies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Patterson Companies' profitability and make more informed investment decisions.
Patterson Companies' Earnings Breakdown by Geography
Evaluate Patterson Companies' management efficiency
Patterson Companies has return on total asset (ROA) of 0.0485 % which means that it generated a profit of $0.0485 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1411 %, meaning that it created $0.1411 on every $100 dollars invested by stockholders. Patterson Companies' management efficiency ratios could be used to measure how well Patterson Companies manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Patterson Companies' Return On Tangible Assets are very stable compared to the past year. As of the 24th of March 2025, Return On Assets is likely to grow to 0.1, while Return On Capital Employed is likely to drop 0.09. At this time, Patterson Companies' Return On Assets are very stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 10.72 | 6.26 | |
| Tangible Book Value Per Share | 6.68 | 7.01 | |
| Enterprise Value Over EBITDA | 9.37 | 13.92 | |
| Price Book Value Ratio | 2.87 | 2.73 | |
| Enterprise Value Multiple | 9.37 | 13.92 | |
| Price Fair Value | 2.87 | 2.73 | |
| Enterprise Value | 411.2 M | 489.6 M |
Patterson Companies showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Basic technical analysis of Patterson Stock
As of the 24th of March, Patterson Companies holds the Risk Adjusted Performance of (0.04), semi deviation of 0.083, and Coefficient Of Variation of 2699.41. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Patterson Companies, as well as the relationship between them.Patterson Companies' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Patterson Companies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Patterson Companies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Patterson Companies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Patterson Companies' Outstanding Corporate Bonds
Patterson Companies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Patterson Companies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Patterson bonds can be classified according to their maturity, which is the date when Patterson Companies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US703343AD59 Corp BondUS703343AD59 | View | |
| Pattern Energy Operations Corp BondUS70339PAA75 | View |
Understand Patterson Companies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Patterson Companies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.12) | |||
| Mean Deviation | 0.0786 | |||
| Semi Deviation | 0.083 | |||
| Downside Deviation | 0.1238 | |||
| Coefficient Of Variation | 2699.41 | |||
| Standard Deviation | 0.1067 | |||
| Variance | 0.0114 | |||
| Information Ratio | 0.5747 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | 0.0021 | |||
| Sortino Ratio | 0.4951 | |||
| Treynor Ratio | (0.13) | |||
| Maximum Drawdown | 0.3892 | |||
| Value At Risk | (0.16) | |||
| Potential Upside | 0.1618 | |||
| Downside Variance | 0.0153 | |||
| Semi Variance | 0.0069 | |||
| Expected Short fall | (0.09) | |||
| Skewness | (0.49) | |||
| Kurtosis | 2.11 |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.12) | |||
| Mean Deviation | 0.0786 | |||
| Semi Deviation | 0.083 | |||
| Downside Deviation | 0.1238 | |||
| Coefficient Of Variation | 2699.41 | |||
| Standard Deviation | 0.1067 | |||
| Variance | 0.0114 | |||
| Information Ratio | 0.5747 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | 0.0021 | |||
| Sortino Ratio | 0.4951 | |||
| Treynor Ratio | (0.13) | |||
| Maximum Drawdown | 0.3892 | |||
| Value At Risk | (0.16) | |||
| Potential Upside | 0.1618 | |||
| Downside Variance | 0.0153 | |||
| Semi Variance | 0.0069 | |||
| Expected Short fall | (0.09) | |||
| Skewness | (0.49) | |||
| Kurtosis | 2.11 |
Consider Patterson Companies' intraday indicators
Patterson Companies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Patterson Companies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 0.0016 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 31.19 | |||
| Day Typical Price | 31.19 | |||
| Market Facilitation Index | 0.05 | |||
| Price Action Indicator | 0.015 |
Patterson Companies Corporate Filings
| 27th of February 2025 Other Reports | ViewVerify | |
8K | 26th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 6th of February 2025 Other Reports | ViewVerify | |
| 24th of January 2025 Other Reports | ViewVerify |
Patterson Stock media impact
Far too much social signal, news, headlines, and media speculation about Patterson Companies that are available to investors today. That information is available publicly through Patterson media outlets and privately through word of mouth or via Patterson internal channels. However, regardless of the origin, that massive amount of Patterson data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Patterson Companies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Patterson Companies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Patterson Companies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Patterson Companies alpha.
Patterson Companies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Patterson Companies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Patterson Companies Historical Investor Sentiment
Investor biases related to Patterson Companies' public news can be used to forecast risks associated with an investment in Patterson. The trend in average sentiment can be used to explain how an investor holding Patterson can time the market purely based on public headlines and social activities around Patterson Companies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Patterson Companies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Patterson Companies and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Patterson Companies news discussions. The higher the estimate score, the more favorable the investor's outlook on Patterson Companies.
When determining whether Patterson Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Patterson Companies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Patterson Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Patterson Companies Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patterson Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patterson Companies. If investors know Patterson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patterson Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Dividend Share 0.78 | Earnings Share 1.53 | Revenue Per Share | Quarterly Revenue Growth (0.03) |
The market value of Patterson Companies is measured differently than its book value, which is the value of Patterson that is recorded on the company's balance sheet. Investors also form their own opinion of Patterson Companies' value that differs from its market value or its book value, called intrinsic value, which is Patterson Companies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patterson Companies' market value can be influenced by many factors that don't directly affect Patterson Companies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Patterson Companies' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Patterson Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patterson Companies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.