Patterson Companies Inc (NASDAQ: PDCO) is -0.06% lower on its value in year-to-date trading and has touched a low of $19.45 and a high of $31.79 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PDCO stock was last observed hovering at around $30.81 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $30.84, the stock is -0.15% and 21.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.74 million and changing 0.10% at the moment leaves the stock 27.22% off its SMA200. PDCO registered 4.51% gain for a year compared to 6-month loss of 26.76%. The firm has a 50-day simple moving average (SMA 50) of $25.1094 and a 200-day simple moving average (SMA200) of $24.22215.
The stock witnessed a 33.45% gain in the last 1 month and extending the period to 3 months gives it a 53.05%, and is 0.06% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.37% over the week and 0.54% over the month.
Patterson Companies Inc (PDCO) has around 7600 employees, a market worth around $2.72B and $6.55B in sales. Current P/E ratio is 17.98 and Fwd P/E is 12.66. Profit margin for the company is 2.37%. Distance from 52-week low is 58.58% and -2.99% from its 52-week high. The company has generated returns on investments over the last 12 months (11.23%).
with sales reaching $1.64B over the same period.The EPS is expected to shrink by -2.03% this year, but quarterly earnings will post 0.97% year-over-year. Quarterly sales are estimated to grow 1.21% in year-over-year returns.
Patterson Companies Inc (PDCO) Top Institutional Holders
390.0 institutions hold shares in Patterson Companies Inc (PDCO), with institutional investors hold 91.31% of the company’s shares. The shares outstanding are 88.32M, and float is at 77.88M with Short Float at 2.59%. Institutions hold 90.33% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 12.88 million shares valued at $310.67 million. The investor’s holdings represent 13.8543% of the PDCO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 9.42 million shares valued at $227.22 million to account for 10.1329 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 3.92 million shares representing 4.2114% and valued at over $94.44 million, while STATE STREET CORP holds 3.4717 of the shares totaling 3.23 million with a market value of $77.85 million.
Patterson Companies Inc (PDCO) Insider Activity
The most recent transaction is an insider sale by Zurbay Donald, the company’s President & CEO. SEC filings show that Zurbay Donald sold 1,962 shares of the company’s common stock on Dec 09 ’24 at a price of $23.08 per share for a total of $45278.0. Following the sale, the insider now owns 0.22 million shares.
Patterson Companies Inc disclosed in a document filed with the SEC on Jul 16 ’24 that Zurbay Donald (President & CEO) sold a total of 7,216 shares of the company’s common stock. The trade occurred on Jul 16 ’24 and was made at $24.99 per share for $0.18 million. Following the transaction, the insider now directly holds 0.23 million shares of the PDCO stock.
Still, SEC filings show that on Jul 03 ’24, Zurbay Donald (President & CEO) disposed off 5,875 shares at an average price of $23.71 for $0.14 million. The insider now directly holds 237,288 shares of Patterson Companies Inc (PDCO).
