Patterson Companies Inc. (NASDAQ:PDCO) went up by 5.95% from its latest closing price compared to the recent 1-year high of $36.88. The company’s stock price has collected 7.75% of gains in the last five trading sessions. Press Release reported on 04/26/21 that Patterson Veterinary Enters Agreement to Acquire Miller Vet Holdings
Is It Worth Investing in Patterson Companies Inc. (NASDAQ :PDCO) Right Now?
Plus, the 36-month beta value for PDCO is at 1.58. Opinions of the stock are interesting as 3 analysts out of 16 who provided ratings for Patterson Companies Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 11 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $33.67, which is -$1.86 below the current price. PDCO currently public float of 74.65M and currently shorts hold a 10.64% ratio of that float. Today, the average trading volume of PDCO was 674.18K shares.
PDCO’s Market Performance
PDCO stocks went up by 7.75% for the week, with a monthly jump of 9.99% and a quarterly performance of 11.41%, while its annual performance rate touched 118.09%. The volatility ratio for the week stands at 3.90% while the volatility levels for the past 30 days are set at 2.92% for Patterson Companies Inc.. The simple moving average for the period of the last 20 days is 8.87% for PDCO stocks with a simple moving average of 21.15% for the last 200 days.
Analysts’ Opinion of PDCO
Piper Sandler, on the other hand, stated in their research note that they expect to see PDCO reach a price target of $22. The rating they have provided for PDCO stocks is “Neutral” according to the report published on July 07th, 2020.
Goldman gave a rating of “Neutral” to PDCO, setting the target price at $21 in the report published on June 25th of the previous year.
PDCO Trading at 10.52% from the 50-Day Moving Average
After a stumble in the market that brought PDCO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.90% of loss for the given period.
Volatility was left at 2.92%, however, over the last 30 days, the volatility rate increased by 3.90%, as shares surge +8.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.47% upper at present.
During the last 5 trading sessions, PDCO rose by +7.75%, which changed the moving average for the period of 200-days by +37.47% in comparison to the 20-day moving average, which settled at $32.70. In addition, Patterson Companies Inc. saw 19.61% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at PDCO starting from KORSH LES B, who sale 1,174 shares at the price of $33.65 back on Apr 26. After this action, KORSH LES B now owns 101,139 shares of Patterson Companies Inc., valued at $39,505 using the latest closing price.
Zurbay Donald, the Chief Financial Officer of Patterson Companies Inc., sale 6,817 shares at $30.10 during a trade that took place back on Mar 05, which means that Zurbay Donald is holding 101,525 shares at $205,173 based on the most recent closing price.
Stock Fundamentals for PDCO
Current profitability levels for the company are sitting at:
- +2.75 for the present operating margin
- +21.81 for the gross margin
The net margin for Patterson Companies Inc. stands at -10.72. The total capital return value is set at 8.09, while invested capital returns managed to touch -32.03. Equity return is now at value -54.80, with -17.50 for asset returns.
Based on Patterson Companies Inc. (PDCO), the company’s capital structure generated 80.12 points at debt to equity in total, while total debt to capital is 44.48. Total debt to assets is 24.61, with long-term debt to equity ratio resting at 76.44. Finally, the long-term debt to capital ratio is 42.44.
When we switch over and look at the enterprise to sales, we see a ratio of 0.37, with the company’s debt to enterprise value settled at 0.33. The receivables turnover for the company is 11.00 and the total asset turnover is 1.83. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.44.