Patterson Companies Net Worth
Patterson Companies Net Worth Breakdown | PDCO |
Patterson Companies Net Worth Analysis
Patterson Companies' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Patterson Companies' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Patterson Companies' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Patterson Companies' net worth analysis. One common approach is to calculate Patterson Companies' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Patterson Companies' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Patterson Companies' net worth. This approach calculates the present value of Patterson Companies' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Patterson Companies' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Patterson Companies' net worth. This involves comparing Patterson Companies' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Patterson Companies' net worth relative to its peers.
Enterprise Value |
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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' net worth 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 90.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 1945 shares by Kevin Pohlman of Patterson Companies at 24.08 subject to Rule 16b-3 |
Patterson Companies Quarterly Good Will |
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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 |
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 21st of March 2025
Target Price
Analyst Consensus On Patterson Companies Target Price
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 |
Follow 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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Project Patterson Companies' profitablity
| 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 |
When accessing Patterson Companies' net worth, it's important to look at multiple sources and consider different scenarios. 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.
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 21st 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.
Enterprise Value Revenue 0.5374 | Revenue | Quarterly Revenue Growth (0.03) | Revenue Per Share | Return On Equity |
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 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 Companies Earnings Estimation Breakdown
The calculation of Patterson Companies' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Patterson Companies is estimated to be 0.490625 with the future projection ranging from a low of 0.4675 to a high of 0.5225. Please be aware that this consensus of annual earnings estimates for Patterson Companies is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.47 Lowest | Expected EPS | 0.52 Highest |
Patterson Companies Earnings Projection Consensus
Suppose the current estimates of Patterson Companies' value are higher than the current market price of the Patterson Companies stock. In this case, investors may conclude that Patterson Companies is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Patterson Companies' stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of April 2025 | Current EPS (TTM) | |
| 11 | 85.79% | 0.43 | 0.490625 | 1.53 |
Patterson Companies Earnings History
Earnings estimate consensus by Patterson Companies analysts from Wall Street is used by the market to judge Patterson Companies' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Patterson Companies' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Patterson Companies Quarterly Gross Profit |
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Patterson Companies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Patterson Companies Earnings per Share Projection vs Actual
Actual Earning per Share of Patterson Companies refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Patterson Companies predict the company's earnings will be in the future. The higher the earnings per share of Patterson Companies, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Patterson Companies Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Patterson Companies, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Patterson Companies should always be considered in relation to other companies to make a more educated investment decision.Patterson Quarterly Analyst Estimates and Surprise Metrics
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.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-02-26 | 2025-01-31 | 0.6217 | 0.43 | -0.1917 | 30 | ||
2024-11-27 | 2024-10-31 | 0.49 | 0.47 | -0.02 | 4 | ||
2024-08-28 | 2024-07-31 | 0.32 | 0.24 | -0.08 | 25 | ||
2024-06-18 | 2024-04-30 | 0.82 | 0.82 | 0.0 | 0 | ||
2024-02-28 | 2024-01-31 | 0.6 | 0.59 | -0.01 | 1 | ||
2023-11-29 | 2023-10-31 | 0.58 | 0.5 | -0.08 | 13 | ||
2023-08-30 | 2023-07-31 | 0.4 | 0.4 | 0.0 | 0 | ||
2023-06-21 | 2023-04-30 | 0.7 | 0.84 | 0.14 | 20 | ||
2023-03-02 | 2023-01-31 | 0.6 | 0.62 | 0.02 | 3 | ||
2022-12-01 | 2022-10-31 | 0.57 | 0.63 | 0.06 | 10 | ||
2022-09-01 | 2022-07-31 | 0.38 | 0.32 | -0.06 | 15 | ||
2022-06-29 | 2022-04-30 | 0.55 | 0.71 | 0.16 | 29 | ||
2022-03-02 | 2022-01-31 | 0.5 | 0.55 | 0.05 | 10 | ||
2021-12-01 | 2021-10-31 | 0.5 | 0.58 | 0.08 | 16 | ||
2021-09-02 | 2021-07-31 | 0.37 | 0.43 | 0.06 | 16 | ||
2021-06-23 | 2021-04-30 | 0.52 | 0.38 | -0.14 | 26 | ||
2021-03-03 | 2021-01-31 | 0.52 | 0.58 | 0.06 | 11 | ||
2020-12-02 | 2020-10-31 | 0.38 | 0.63 | 0.25 | 65 | ||
2020-09-03 | 2020-07-31 | 0.23 | 0.33 | 0.1 | 43 | ||
2020-06-24 | 2020-04-30 | 0.15 | 0.43 | 0.28 | 186 | ||
2020-02-27 | 2020-01-31 | 0.36 | 0.47 | 0.11 | 30 | ||
2019-12-05 | 2019-10-31 | 0.34 | 0.39 | 0.05 | 14 | ||
2019-08-29 | 2019-07-31 | 0.24 | 0.27 | 0.03 | 12 | ||
2019-06-26 | 2019-04-30 | 0.39 | 0.37 | -0.02 | 5 | ||
2019-02-28 | 2019-01-31 | 0.38 | 0.38 | 0.0 | 0 | ||
2018-12-06 | 2018-10-31 | 0.37 | 0.39 | 0.02 | 5 | ||
2018-08-30 | 2018-07-31 | 0.34 | 0.26 | -0.08 | 23 | ||
2018-06-21 | 2018-04-30 | 0.3 | 0.3 | 0.0 | 0 | ||
2018-03-01 | 2018-01-31 | 0.52 | 0.43 | -0.09 | 17 | ||
2017-11-21 | 2017-10-31 | 0.54 | 0.51 | -0.03 | 5 | ||
2017-08-24 | 2017-07-31 | 0.44 | 0.44 | 0.0 | 0 | ||
2017-05-25 | 2017-04-30 | 0.64 | 0.69 | 0.05 | 7 | ||
2017-02-23 | 2017-01-31 | 0.57 | 0.58 | 0.01 | 1 | ||
2016-11-22 | 2016-10-31 | 0.6 | 0.56 | -0.04 | 6 | ||
2016-08-25 | 2016-07-31 | 0.51 | 0.51 | 0.0 | 0 | ||
2016-05-26 | 2016-04-30 | 0.75 | 0.77 | 0.02 | 2 | ||
2016-02-25 | 2016-01-31 | 0.67 | 0.68 | 0.01 | 1 | ||
2015-11-24 | 2015-10-31 | 0.6 | 0.56 | -0.04 | 6 | ||
2015-08-27 | 2015-07-31 | 0.54 | 0.47 | -0.07 | 12 | ||
2015-05-21 | 2015-04-30 | 0.65 | 0.68 | 0.03 | 4 | ||
2015-02-19 | 2015-01-31 | 0.59 | 0.55 | -0.04 | 6 | ||
2014-11-20 | 2014-10-31 | 0.51 | 0.54 | 0.03 | 5 | ||
2014-08-21 | 2014-07-31 | 0.5 | 0.5 | 0.0 | 0 | ||
2014-05-22 | 2014-04-30 | 0.66 | 0.61 | -0.05 | 7 | ||
2014-02-20 | 2014-01-31 | 0.57 | 0.57 | 0.0 | 0 | ||
2013-11-21 | 2013-10-31 | 0.47 | 0.48 | 0.01 | 2 | ||
2013-08-22 | 2013-07-31 | 0.48 | 0.46 | -0.02 | 4 | ||
2013-05-23 | 2013-04-30 | 0.62 | 0.62 | 0.0 | 0 | ||
2013-02-21 | 2013-01-31 | 0.52 | 0.52 | 0.0 | 0 | ||
2012-11-20 | 2012-10-31 | 0.48 | 0.44 | -0.04 | 8 | ||
2012-08-23 | 2012-07-31 | 0.49 | 0.47 | -0.02 | 4 | ||
2012-05-24 | 2012-04-30 | 0.56 | 0.58 | 0.02 | 3 | ||
2012-02-23 | 2012-01-31 | 0.5 | 0.5 | 0.0 | 0 | ||
2011-11-22 | 2011-10-31 | 0.46 | 0.43 | -0.03 | 6 | ||
2011-08-25 | 2011-07-31 | 0.44 | 0.42 | -0.02 | 4 | ||
2011-05-26 | 2011-04-30 | 0.51 | 0.53 | 0.02 | 3 | ||
2011-02-24 | 2011-01-31 | 0.48 | 0.47 | -0.01 | 2 | ||
2010-11-23 | 2010-10-31 | 0.45 | 0.45 | 0.0 | 0 | ||
2010-08-26 | 2010-07-31 | 0.44 | 0.45 | 0.01 | 2 | ||
2010-05-20 | 2010-04-30 | 0.5 | 0.52 | 0.02 | 4 | ||
2010-02-18 | 2010-01-31 | 0.47 | 0.47 | 0.0 | 0 | ||
2009-11-19 | 2009-10-31 | 0.41 | 0.41 | 0.0 | 0 | ||
2009-08-20 | 2009-07-31 | 0.37 | 0.38 | 0.01 | 2 | ||
2009-05-21 | 2009-04-30 | 0.5 | 0.46 | -0.04 | 8 | ||
2009-02-19 | 2009-01-31 | 0.44 | 0.45 | 0.01 | 2 | ||
2008-11-20 | 2008-10-31 | 0.46 | 0.4 | -0.06 | 13 | ||
2008-08-21 | 2008-07-31 | 0.39 | 0.39 | 0.0 | 0 | ||
2008-05-22 | 2008-04-30 | 0.51 | 0.51 | 0.0 | 0 | ||
2008-02-21 | 2008-01-31 | 0.45 | 0.45 | 0.0 | 0 | ||
2007-11-21 | 2007-10-31 | 0.4 | 0.39 | -0.01 | 2 | ||
2007-08-23 | 2007-07-31 | 0.35 | 0.35 | 0.0 | 0 | ||
2007-05-24 | 2007-04-30 | 0.45 | 0.44 | -0.01 | 2 | ||
2007-02-22 | 2007-01-31 | 0.44 | 0.43 | -0.01 | 2 | ||
2006-11-22 | 2006-10-31 | 0.34 | 0.35 | 0.01 | 2 | ||
2006-08-24 | 2006-07-31 | 0.32 | 0.3 | -0.02 | 6 | ||
2006-05-25 | 2006-04-30 | 0.41 | 0.41 | 0.0 | 0 | ||
2006-02-23 | 2006-01-31 | 0.39 | 0.39 | 0.0 | 0 | ||
2005-11-23 | 2005-10-31 | 0.33 | 0.32 | -0.01 | 3 | ||
2005-08-25 | 2005-07-31 | 0.32 | 0.31 | -0.01 | 3 | ||
2005-05-26 | 2005-04-30 | 0.39 | 0.36 | -0.03 | 7 | ||
2005-02-24 | 2005-01-31 | 0.36 | 0.36 | 0.0 | 0 | ||
2004-11-24 | 2004-10-31 | 0.32 | 0.31 | -0.01 | 3 | ||
2004-08-26 | 2004-07-31 | 0.3 | 0.3 | 0.0 | 0 | ||
2004-05-20 | 2004-04-30 | 0.33 | 0.33 | 0.0 | 0 | ||
2004-02-19 | 2004-01-31 | 0.29 | 0.29 | 0.0 | 0 | ||
2003-11-20 | 2003-10-31 | 0.25 | 0.26 | 0.01 | 4 | ||
2003-08-20 | 2003-07-31 | 0.22 | 0.22 | 0.0 | 0 | ||
2003-05-22 | 2003-04-30 | 0.24 | 0.25 | 0.01 | 4 | ||
2003-02-20 | 2003-01-31 | 0.21 | 0.22 | 0.01 | 4 | ||
2002-11-21 | 2002-10-31 | 0.21 | 0.2 | -0.01 | 4 | ||
2002-08-22 | 2002-07-31 | 0.18 | 0.19 | 0.01 | 5 | ||
2002-05-23 | 2002-04-30 | 0.19 | 0.2 | 0.01 | 5 | ||
2002-02-20 | 2002-01-31 | 0.18 | 0.18 | 0.0 | 0 | ||
2001-11-20 | 2001-10-31 | 0.17 | 0.17 | 0.0 | 0 | ||
2001-08-23 | 2001-07-31 | 0.14 | 0.14 | 0.0 | 0 | ||
2001-05-24 | 2001-04-30 | 0.16 | 0.16 | 0.0 | 0 | ||
2001-02-22 | 2001-01-31 | 0.15 | 0.15 | 0.0 | 0 | ||
2000-11-20 | 2000-10-31 | 0.13 | 0.14 | 0.01 | 7 | ||
2000-08-24 | 2000-07-31 | 0.12 | 0.12 | 0.0 | 0 | ||
2000-05-25 | 2000-04-30 | 0.13 | 0.13 | 0.0 | 0 | ||
2000-02-24 | 2000-01-31 | 0.12 | 0.13 | 0.01 | 8 | ||
1999-11-22 | 1999-10-31 | 0.11 | 0.11 | 0.0 | 0 | ||
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 | ||
1999-02-18 | 1999-01-31 | 0.1 | 0.1 | 0.0 | 0 | ||
1998-11-19 | 1998-10-31 | 0.09 | 0.09 | 0.0 | 0 | ||
1998-08-20 | 1998-07-31 | 0.08 | 0.08 | 0.0 | 0 | ||
1998-05-21 | 1998-04-30 | 0.09 | 0.09 | 0.0 | 0 | ||
1998-02-17 | 1998-01-31 | 0.08 | 0.08 | 0.0 | 0 | ||
1997-11-20 | 1997-10-31 | 0.07 | 0.08 | 0.01 | 14 | ||
1997-08-14 | 1997-07-31 | 0.06 | 0.06 | 0.0 | 0 | ||
1997-05-22 | 1997-04-30 | 0.07 | 0.07 | 0.0 | 0 | ||
1997-02-18 | 1997-01-31 | 0.06 | 0.07 | 0.01 | 16 | ||
1996-11-21 | 1996-10-31 | 0.06 | 0.06 | 0.0 | 0 | ||
1996-08-15 | 1996-07-31 | 0.05 | 0.05 | 0.0 | 0 | ||
1996-05-29 | 1996-04-30 | 0.06 | 0.06 | 0.0 | 0 | ||
1996-02-14 | 1996-01-31 | 0.05 | 0.05 | 0.0 | 0 |
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.
Please note, there is a significant difference between Patterson Companies' value and its price as these two are different measures arrived at by different 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.