Patterson Companies Stock Performance
| PDCO Stock | USD 26.18 0.21 0.81% |
The company holds a Beta of 1.34, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Patterson Companies will likely underperform. Patterson Companies has an expected return of -0.22%. Please make sure to check Patterson Companies value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Patterson Companies performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Patterson Companies has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of inconsistent performance in the last few months, the Stock's fundamental indicators remain very healthy which may send shares a bit higher in May 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Actual Historical Performance (%)
One Day Return 0.077 | Five Day Return 2.28 | Year To Date Return (9.41) | Ten Year Return (36.50) | All Time Return 1.2 K |
Forward Dividend Yield 0.0401 | Payout Ratio 0.4464 | Last Split Factor 2:1 | Forward Dividend Rate 1.04 | Dividend Date 2024-05-03 |
| Patterson Companies dividend paid on 2nd of February 2024 | 02/02/2024 |
1 | Patterson Cos. Advances While Market Declines Some Information for Investors | 02/20/2024 |
2 | Patterson Cos. Q3 Earnings and Revenues Miss Estimates | 02/28/2024 |
3 | Patterson Companies, Inc. Q3 2024 Earnings Call Transcript | 02/29/2024 |
4 | Analysts Are Updating Their Patterson Companies, Inc. Estimates After Its Third-Quarter Results | 03/01/2024 |
5 | Patterson Companies, Inc. Shares Sold by Element Capital Management LLC | 03/06/2024 |
6 | Patterson Companies Board Approves New Share Repurchase Authorization and Declares Regular Quarterly Cash Dividend | 03/12/2024 |
7 | Reasons to Hold Patterson Companies in Your Portfolio | 03/22/2024 |
8 | Acquisition by Samantha Bergeson of 436 shares of Patterson Companies at 23.5025 subject to Rule 16b-3 | 03/28/2024 |
9 | New York State Teachers Retirement System Has 4.06 Million Holdings in Patterson Companies, Inc. - Defense World | 04/15/2024 |
10 | Duality Advisers LP Takes 1.87 Million Position in Patterson Companies, Inc. - MarketBeat | 04/23/2024 |
| Begin Period Cash Flow | 142 M | |
| Total Cashflows From Investing Activities | 901.6 M |
Patterson |
Patterson Companies Relative Risk vs. Return Landscape
If you would invest 3,003 in Patterson Companies on January 25, 2024 and sell it today you would lose (406.00) from holding Patterson Companies or give up 13.52% of portfolio value over 90 days. Patterson Companies is currently does not generate positive expected returns and assumes 1.6198% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% of stocks are less volatile than Patterson, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Patterson Companies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Patterson Companies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Patterson Companies, and traders can use it to determine the average amount a Patterson Companies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1341
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| Negative Returns | PDCO |
Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Patterson Companies is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Patterson Companies by adding Patterson Companies to a well-diversified portfolio.
Patterson Companies Fundamentals Growth
Patterson Stock prices reflect investors' perceptions of the future prospects and financial health of Patterson Companies, and Patterson Companies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Patterson Stock performance.
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0596 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 3.1 B | ||||
| Shares Outstanding | 89.59 M | ||||
| Price To Earning | 13.85 X | ||||
| Price To Book | 2.35 X | ||||
| Price To Sales | 0.35 X | ||||
| Revenue | 6.47 B | ||||
| Gross Profit | 1.37 B | ||||
| EBITDA | 387.5 M | ||||
| Net Income | 206.6 M | ||||
| Cash And Equivalents | 153.23 M | ||||
| Cash Per Share | 1.58 X | ||||
| Total Debt | 628 M | ||||
| Debt To Equity | 0.70 % | ||||
| Current Ratio | 1.63 X | ||||
| Book Value Per Share | 10.78 X | ||||
| Cash Flow From Operations | (754.85 M) | ||||
| Earnings Per Share | 2.03 X | ||||
| Market Capitalization | 2.33 B | ||||
| Total Asset | 2.88 B | ||||
| Retained Earnings | 972.13 M | ||||
| Working Capital | 697.8 M | ||||
| Current Asset | 1.75 B | ||||
| Current Liabilities | 829.34 M | ||||
About Patterson Companies Performance
To evaluate Patterson Companies Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Patterson Companies generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Patterson Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Patterson Companies market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Patterson's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 55.03 | 44.02 | |
| Return On Tangible Assets | 0.09 | 0.13 | |
| Return On Capital Employed | 0.09 | 0.09 | |
| Return On Assets | 0.07 | 0.1 | |
| Return On Equity | 0.19 | 0.29 |
Things to note about Patterson Companies performance evaluation
Checking the ongoing alerts about Patterson Companies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Patterson Companies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Patterson Companies generated a negative expected return over the last 90 days | |
| Patterson Companies currently holds about 153.23 M in cash with (754.85 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.58. | |
| Over 90.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Duality Advisers LP Takes 1.87 Million Position in Patterson Companies, Inc. - MarketBeat |
- Analyzing Patterson Companies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Patterson Companies' stock is overvalued or undervalued compared to its peers.
- Examining Patterson Companies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Patterson Companies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Patterson Companies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Patterson Companies' stock. These opinions can provide insight into Patterson Companies' potential for growth and whether the stock is currently undervalued or overvalued.
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 tightly coupled 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.Note that the Patterson Companies information on this page should be used as a complementary analysis to other Patterson Companies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Patterson Stock analysis
When running Patterson Companies' price analysis, check to measure Patterson Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Patterson Companies is operating at the current time. Most of Patterson Companies' value examination focuses on studying past and present price action to predict the probability of Patterson Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patterson Companies' price. Additionally, you may evaluate how the addition of Patterson Companies to your portfolios can decrease your overall portfolio volatility.
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| Fundamental Analysis View fundamental data based on most recent published financial statements |
Is Patterson Companies' industry 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 (0.06) | Dividend Share 1.04 | Earnings Share 2.03 | Revenue Per Share 69.215 | Quarterly Revenue Growth 0.01 |
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.