Patterson Companies Inc (NASDAQ:PDCO) shares, rose in value on Friday, February 14, with price down by -0.03% to the previous day’s close as strong demand from buyers drove the stock to $31.03.
Actively observing the price movement in the last trading, the stock closed the session at $31.04, falling within a range of $31.03 and $31.06. The value of beta (5-year monthly) was 0.885 whereas the PE ratio was 18.09 over 12-month period. Referring to stock’s 52-week performance, its high was $31.79, and the low was $19.45. On the whole, PDCO has fluctuated by 0.45% over the past month.
With the market capitalization of Patterson Companies Inc currently standing at about $2.74 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.78, with its dividend yield at 2.51%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 6.62B, with a low estimate of 1.62B and a high estimate of 1.64B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.63B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PDCO’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.95, with the price of PDCO currently trading nearly 0.16% and 3.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 76.60, while the 7-day volatility ratio is showing 0.10% which for the 30-day chart, stands at 0.18%. Furthermore, Patterson Companies Inc (PDCO)’s beta value is 0.98, and its average true range (ATR) is 0.11.
A comparison of Patterson Companies Inc (PDCO) with its peers suggests the former has fared considerably weaker in the market. PDCO showed an intraday change of -0.03% in last session, and over the past year, it grew by 11.38%%.
Data on historical trading for Patterson Companies Inc (NASDAQ:PDCO) indicates that the trading volumes over the past 10 days have averaged 0.88 and over the past 3 months, they’ve averaged 1.49 million. According to company’s latest data on outstanding shares, there are 88.32 million shares outstanding.
Nearly 11.76% of Patterson Companies Inc’s shares belong to company insiders and institutional investors own 84.08% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.53 million shares as on 2025-01-31, resulting in a short ratio of 1.58. According to the data, the short interest in Patterson Companies Inc (PDCO) stood at 380.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 2.01 million. The stock has risen by 0.55% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PDCO stock heading into the next quarter.
