Patterson Companies Stock Price on October 11, 2023
| PDCO Stock | USD 31.40 8.29 35.87% |
Below is the normalized historical share price chart for Patterson Companies extending back to October 28, 1992. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Patterson Companies stands at 31.40, as last reported on the 11th of December 2024, with the highest price reaching 31.43 and the lowest price hitting 30.95 during the day.
If you're considering investing in Patterson Stock, it is important to understand the factors that can impact its price. Patterson Companies appears to be not too volatile, given 3 months investment horizon. Patterson Companies maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. By analyzing Patterson Companies' technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please evaluate Patterson Companies' Semi Deviation of 1.34, risk adjusted performance of 0.1208, and Coefficient Of Variation of 643.08 to confirm if our risk estimates are consistent with your expectations.
At this time, Patterson Companies' Common Stock Shares Outstanding is very stable compared to the past year. As of the 11th of December 2024, Other Stockholder Equity is likely to grow to about 271.6 M, while Total Stockholder Equity is likely to drop about 938.6 M. . At this time, Patterson Companies' Price Fair Value is very stable compared to the past year. Patterson Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of October 1992 | 200 Day MA 23.8453 | 50 Day MA 21.0788 | Beta 1.012 |
Patterson |
Sharpe Ratio = 0.1515
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Estimated Market Risk
| 4.9 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Patterson Companies is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Patterson Companies by adding it to a well-diversified portfolio.
Price Book 2.1194 | Enterprise Value Ebitda 7.8537 | Price Sales 0.4245 | Shares Float 79.8 M | Wall Street Target Price 28.0046 |
Patterson Companies Valuation on October 11, 2023
It is possible to determine the worth of Patterson Companies on a given historical date. On October 11, 2023 Patterson was worth 28.02 at the beginning of the trading date compared to the closed value of 27.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Patterson Companies stock. Still, in general, we apply an absolute valuation method to find Patterson Companies' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Patterson Companies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Patterson Companies' related companies.
| Open | High | Low | Close | Volume | |
| 28.14 | 28.43 | 27.97 | 28.11 | 549,840 | |
10/11/2023 | 28.02 | 28.22 | 27.52 | 27.91 | 735,191 |
| 27.93 | 28.31 | 27.60 | 27.96 | 1,155,675 |
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Patterson Companies Trading Date Momentum on October 11, 2023
| On October 12 2023 Patterson Companies was traded for 27.96 at the closing time. The top price for the day was 28.31 and the lowest listed price was 27.60 . The trading volume for the day was 1.2 M. The trading history from October 12, 2023 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.18% . The trading delta at closing time against the current closing price is 3.76% . |
Patterson Companies Fundamentals Correlations and Trends
By evaluating Patterson Companies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Patterson Companies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Patterson financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Patterson Companies Stock history
Patterson Companies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Patterson is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Patterson Companies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Patterson Companies stock prices may prove useful in developing a viable investing in Patterson Companies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 93.7 M | 94.8 M | |
| Net Income Applicable To Common Shares | 186.8 M | 114.1 M |
Patterson Companies Quarterly Net Working Capital |
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Patterson Companies Stock Technical Analysis
Patterson Companies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Patterson Companies Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Patterson Companies cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Patterson Companies December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Patterson Companies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Patterson Companies shares will generate the highest return on investment. By undertsting and applying Patterson Companies stock market strength indicators, traders can identify Patterson Companies entry and exit signals to maximize returns
Patterson Companies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Patterson Companies' price direction in advance. Along with the technical and fundamental analysis of Patterson Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Patterson to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1208 | |||
| Jensen Alpha | 0.6544 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.3221 | |||
| Treynor Ratio | 0.9789 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patterson Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Health Care Providers & Services space 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 (0.53) | Earnings Share 1.69 | Revenue Per Share 71.704 | Quarterly Revenue Growth (0.02) | Return On Assets 0.056 |
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.