The company's average rating is Hold from 6 analysts.
Our recommendation module complements current
analysts and expert consensus on Patterson Companies. It analyzes the company potential to grow using all fundamental, technical, and market related data available at the time.
The performance of Patterson Companies in the marketplace will significantly impact your decision to invest in its stock. Revenue growth, profitability, competitive positioning, management quality, and industry trends can influence Patterson Companies'
stock prices. When investing in Patterson Companies, there are several factors to consider and potential outcomes to expect. As a company performs well, its stock price may increase, allowing investors to benefit from price appreciation. However, Patterson Stock can experience significant price fluctuations due to market conditions, economic factors, industry trends, or company-specific news. This is why investing in stocks such as Patterson Companies carries risks, including the potential for capital loss. Stock prices can decline, and investors may incur losses if they sell shares at a lower price than their initial investment.
And What about dividends?
A dividend is the distribution of a portion of Patterson Companies earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Patterson Companies dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Patterson one year expected dividend income is about USD0.78 per share.
At this time, Patterson Companies'
Dividend Yield is very stable compared to the past year. As of the 25th of April 2024,
Dividend Payout Ratio is likely to grow to 0.52, while
Dividends Paid is likely to drop about 63.5
M.
Investing in dividend-paying stocks, such as Patterson Companies is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Patterson Companies must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Patterson Companies. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.
How important is Patterson Companies's Liquidity
Patterson Companies
financial leverage refers to using borrowed capital as a funding source to finance Patterson Companies ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Patterson Companies financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Patterson Companies' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Patterson Companies' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Patterson Companies's total debt and its cash.
What do experts say about Patterson?
Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
Analysis ConsensusIs Patterson Companies valued appropriately by the market?
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Patterson Companies has an asset utilization ratio of 237.06 percent. This suggests that the company is making $2.37 for each dollar of assets. An increasing asset utilization means that Patterson Companies is more efficient with each dollar of assets it utilizes for everyday operations.
| 2010 | 2011 | 2021 | 2022 (projected) |
Receivables | 452.75 M | 449.24 M | 447.16 M | 477.81 M | Inventories | 288.73 M | 736.78 M | 785.6 M | 656.65 M |
Patterson Companies implied volatility may change after the rise
The maximum drawdown is down to 8.15 as of today. Patterson Companies currently demonstrates below-average downside deviation. It has Information Ratio of -0.04 and Jensen Alpha of -0.1. However, we advise investors to further question Patterson Companies expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Patterson Companies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Patterson Companies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Our Takeaway on Patterson Companies Investment
Whereas few other entities under the medical distribution industry are still a bit expensive, Patterson Companies may offer a potential longer-term growth to institutional investors. While some institutional investors may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Patterson Companies.
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Aina Ster is a Member of Macroaxis Editorial Board. Aina delivers weekly perspective on ongoing market and economic trends, analysis and tips from predictive analysis to forecasting across various financial instruments.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Aina Ster do not own shares of Patterson Companies. Please refer to our
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