Patterson Companies Price To Earning vs. Shares Owned By Insiders
| PD2 Stock | EUR 29.40 0.40 1.34% |
For Patterson Companies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Patterson Companies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Patterson Companies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Patterson Companies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Patterson Companies over time as well as its relative position and ranking within its peers.
Patterson |
Patterson Companies Shares Owned By Insiders vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Patterson Companies's current stock value. Our valuation model uses many indicators to compare Patterson Companies value to that of its competitors to determine the firm's financial worth. Patterson Companies is regarded third in price to earning category among its peers. It is regarded fourth in shares owned by insiders category among its peers making about 0.59 of Shares Owned By Insiders per Price To Earning. The ratio of Price To Earning to Shares Owned By Insiders for Patterson Companies is roughly 1.70 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Patterson Companies' earnings, one of the primary drivers of an investment's value.Patterson Shares Owned By Insiders vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Patterson Companies |
| = | 18.07 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Patterson Companies |
| = | 10.62 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Patterson Shares Owned By Insiders Comparison
Patterson Companies is regarded third in shares owned by insiders category among its peers.
Patterson Companies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Patterson Companies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Patterson Companies will eventually generate negative long term returns. The profitability progress is the general direction of Patterson Companies' change in net profit over the period of time. It can combine multiple indicators of Patterson Companies, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Patterson Companies, Inc. distributes and sells dental and animal health products in the United States, the United Kingdom, and Canada. Patterson Companies, Inc. was founded in 1877 and is headquartered in St. PATTERSON COS operates under Medical Distribution classification in Germany and is traded on Frankfurt Stock Exchange. It employs 7800 people.
Patterson Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Patterson Companies. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Patterson Companies position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Patterson Companies' important profitability drivers and their relationship over time.
Use Patterson Companies in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Patterson Companies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Patterson Companies will appreciate offsetting losses from the drop in the long position's value.Patterson Companies Pair Trading
Patterson Companies Pair Trading Analysis
The ability to find closely correlated positions to Patterson Companies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Patterson Companies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Patterson Companies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Patterson Companies to buy it.
The correlation of Patterson Companies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Patterson Companies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Patterson Companies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Patterson Companies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Patterson Companies position
In addition to having Patterson Companies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Precious Metals Funds Thematic Idea Now
Precious Metals Funds
Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals Funds theme has 29 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Precious Metals Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Information and Resources on Investing in Patterson Stock
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. For more detail on how to invest in Patterson Stock please use our How to Invest in Patterson Companies guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
To fully project Patterson Companies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Patterson Companies at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Patterson Companies' income statement, its balance sheet, and the statement of cash flows.