Patterson Companies Inc (NASDAQ:PDCO) shares, rose in value on Friday, March 28, with the stock price down by -0.13% to the previous day’s close as strong demand from buyers drove the stock to $31.21.
Actively observing the price movement in the last trading, the stock closed the session at $31.25, falling within a range of $31.205 and $31.29. The value of beta (5-year monthly) was 0.979 whereas the PE ratio was 20.13 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 0.19% over the past month.
With the market capitalization of Patterson Companies Inc currently standing at about $2.76 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-25. The company’s Forward Dividend Ratio is 0.78, with its dividend yield at 2.50%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 6.51B, with a low estimate of 1.74B and a high estimate of 1.76B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.75B.
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 18.13, with the price of PDCO currently trading nearly 0.13% and 0.44% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 66.05, while the 7-day volatility ratio is showing 0.13% which for the 30-day chart, stands at 0.13%. Furthermore, Patterson Companies Inc (PDCO)’s beta value is 0.72, and its average true range (ATR) is 0.05.
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 -0.13% in last session, and over the past year, it grew by 15.42%%.
Data on historical trading for Patterson Companies Inc (NASDAQ:PDCO) indicates that the trading volumes over the past 10 days have averaged 0.85 and over the past 3 months, they’ve averaged 1.29 million. According to company’s latest data on outstanding shares, there are 88.45 million shares outstanding.
Nearly 11.74% of Patterson Companies Inc’s shares belong to company insiders and institutional investors own 86.90% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.98 million shares as on 2025-03-14, resulting in a short ratio of 1.49. According to the data, the short interest in Patterson Companies Inc (PDCO) stood at 301.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 1.97 million. The stock has risen by 1.13% 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.
