Patterson Companies Stock In The News
| PDCO Stock | USD 26.18 0.21 0.81% |
The overall news coverage of Patterson Companies from major news outlets shows bullish sentiment on 9 news articles, blog posts, and TV commentaries analyzed in the last few months. Our overall analysis of Patterson Companies' news coverage and content from conventional and social sources shows investors' bearish mood towards Patterson Companies. The specific impact of Patterson Companies news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Patterson Companies' overall financial health and prospects. It also depends on the type and quality of a news publisher.
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Patterson Companies headlines in addition to utilizing other, more conventional financial analysis modules. Check out Patterson Companies Backtesting and Patterson Companies Hype Analysis. To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.
Patterson |
Patterson Companies Today Top News and Investor Outlook
Patterson Companies Past News Timeline
Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Patterson and other traded companies coverage. We help investors stay connected with Patterson headlines for the 24th of April to make an informed investment decision based on correlating the impacts of news items on Patterson Stock performance. Please note that trading solely based on the Patterson Companies hype is not for everyone as timely availability and quick action are needed to avoid losses.Patterson Companies stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Patterson earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Patterson Companies that are available to investors today. That information is available publicly through Patterson media outlets and privately through word of mouth or via Patterson internal channels. However, regardless of the origin, that massive amount of Patterson data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Patterson Companies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Patterson Companies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Patterson Companies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Patterson Companies alpha.
Patterson Largest EPS Surprises
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 | |||
|---|---|---|---|---|---|---|---|
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 | ||
1997-11-20 | 1997-10-31 | 0.07 | 0.08 | 0.01 | 14 | ||
1997-02-18 | 1997-01-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2019-08-29 | 2019-07-31 | 0.24 | 0.27 | 0.03 | 12 | ||
2022-03-02 | 2022-01-31 | 0.5 | 0.55 | 0.05 | 10 |
Patterson Companies Stock Latest Headlines
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Patterson Companies Stock. The global stock market is bearish. About 60% of major world exchanges and indexes are down. See today's market update for more information.
23rd of April 2024
Duality Advisers LP Takes 1.87 Million Position in Patterson Companies, Inc. - MarketBeat at news.google.com
15th of April 2024
New York State Teachers Retirement System Has 4.06 Million Holdings in Patterson Companies... at news.google.com
22nd of March 2024
Reasons to Hold Patterson Companies in Your Portfolio at finance.yahoo.com
12th of March 2024
Patterson Companies Board Approves New Share Repurchase Authorization and Declares Regular... at businesswire.com
6th of March 2024
Patterson Companies, Inc. Shares Sold by Element Capital Management LLC at thelincolnianonline.com
1st of March 2024
Analysts Are Updating Their Patterson Companies, Inc. Estimates After Its Third-Quarter Re... at finance.yahoo.com
29th of February 2024
Patterson Companies, Inc. Q3 2024 Earnings Call Transcript at insidermonkey.com
28th of February 2024
Patterson Cos. Q3 Earnings and Revenues Miss Estimates at zacks.com
20th of February 2024
Patterson Cos. Advances While Market Declines Some Information for Investors at zacks.com
Patterson Companies Investors Sentiment
The influence of Patterson Companies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Patterson. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Patterson Companies' public news can be used to forecast risks associated with an investment in Patterson. The trend in average sentiment can be used to explain how an investor holding Patterson can time the market purely based on public headlines and social activities around Patterson Companies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Patterson Companies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Patterson Companies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Patterson Companies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Patterson Companies.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Patterson Companies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Patterson Companies' short interest history, or implied volatility extrapolated from Patterson Companies options trading.
Check out Patterson Companies Backtesting and Patterson Companies Hype Analysis. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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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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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.