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How to buy Patterson Companies stock in Canada | $32.54

Own Patterson Companies shares in just a few minutes.

Patterson Companies, Inc
NASDAQ: PDCO - USD
MEDICAL DISTRIBUTION
$30.42
+$0.07 (+0.23%)

Patterson Companies is a medical distribution business based in the US. Patterson Companies stocks (PDCO.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $29.92 – a decrease of 2.72% over the previous week. Patterson Companies employs 7,800 staff and has a trailing 12-month revenue of around $5.9 billion.

How to buy Patterson Companies stock in Canada

  1. Choose a platform. If you're a beginner, our stock trading table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: PDCO in this case.
  5. Research Patterson Companies stocks. The platform should provide the latest information available.
  6. Buy your Patterson Companies stocks. It's that simple.

How has Coronavirus impacted Patterson Companies's stock price?

Since the stock market crash in March caused by coronavirus, Patterson Companies's stock price has had significant positive movement.

Its last market close was $32.54, which is 30.15% up on its pre-crash value of $22.73 and 151.27% up on the lowest point reached during the March crash when the stocks fell as low as $12.95.

If you had bought $1,000 worth of Patterson Companies stocks at the start of February 2020, those stocks would have been worth $724.66 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,456.49.

Patterson Companies stock price

Use our graph to track the performance of PDCO stocks over time.

Patterson Companies stocks at a glance

Information last updated 2021-07-23.
Latest market close$32.54
52-week range$21.5872 - $37.37
50-day moving average $32.3477
200-day moving average $32.5617
Wall St. target price$33.58
PE ratio 18.5963
Dividend yield $1.04 (3.44%)
Earnings per share (TTM) $1.61

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Is it a good time to buy Patterson Companies stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Patterson Companies price performance over time

Historical closes compared with the last close of $32.54

1 month (2021-06-28) 6.90%
3 months (2021-04-28) -0.58%

Is Patterson Companies under- or over-valued?

Valuing Patterson Companies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Patterson Companies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Patterson Companies's P/E ratio

Patterson Companies's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, Patterson Companies stocks trade at around 19x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the stocks or simply that they're under-valued.

Patterson Companies's PEG ratio

Patterson Companies's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.0182. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Patterson Companies's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Patterson Companies's EBITDA

Patterson Companies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$292.8 million.

The EBITDA is a measure of a Patterson Companies's overall financial performance and is widely used to measure a its profitability.

Patterson Companies financials

Revenue TTM USD$5.9 billion
Operating margin TTM 3.62%
Gross profit TTM USD$1.2 billion
Return on assets TTM 4.89%
Return on equity TTM 17.22%
Profit margin 2.64%
Book value $9.949
Market capitalisation USD$2.9 billion

TTM: trailing 12 months

How to short and sell Patterson Companies stocks

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "PDCO.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 7.4 million Patterson Companies stocks held short by investors – that's known as Patterson Companies's "short interest". This figure is 4.9% down from 7.8 million last month.

There are a few different ways that this level of interest in shorting Patterson Companies stocks can be evaluated.

Patterson Companies's "short interest ratio" (SIR)

Patterson Companies's "short interest ratio" (SIR) is the quantity of Patterson Companies stocks currently shorted divided by the average quantity of Patterson Companies stocks traded daily (recently around 1.4 million). Patterson Companies's SIR currently stands at 5.14. In other words for every 100,000 Patterson Companies stocks traded daily on the market, roughly 5140 stocks are currently held short.

However Patterson Companies's short interest can also be evaluated against the total number of Patterson Companies stocks, or, against the total number of tradable Patterson Companies stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Patterson Companies's short interest could be expressed as 0.08% of the outstanding stocks (for every 100,000 Patterson Companies stocks in existence, roughly 80 stocks are currently held short) or 0.0858% of the tradable stocks (for every 100,000 tradable Patterson Companies stocks, roughly 86 stocks are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the stock price, with fewer people currently willing to bet against Patterson Companies.

Find out more about how you can short Patterson Companies stock.

Patterson Companies stock dividends

54%

Dividend payout ratio: 54.17% of net profits

Recently Patterson Companies has paid out, on average, around 54.17% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.41% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Patterson Companies shareholders could enjoy a 3.41% return on their shares, in the form of dividend payments. In Patterson Companies's case, that would currently equate to about $1.04 per share.

Patterson Companies's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Patterson Companies's most recent dividend payout was on 6 August 2021. The latest dividend was paid out to all shareholders who bought their stocks by 22 July 2021 (the "ex-dividend date").

Have Patterson Companies stocks ever split?

Patterson Companies stocks were split on a 2:1 basis on 25 October 2004. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Patterson Companies stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for Patterson Companies stocks which in turn could have impacted Patterson Companies's stock price.

Patterson Companies stock price volatility

Over the last 12 months, Patterson Companies's stocks have ranged in value from as little as $21.5872 up to $37.37. A popular way to gauge a stock's volatility is its "beta".

PDCO.US volatility(beta: 1.57)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Patterson Companies's is 1.5734. This would suggest that Patterson Companies's stocks are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Patterson Companies overview

Patterson Companies, Inc. distributes and sells dental and animal health products in the United States, the United Kingdom, and Canada. It operates through three segments; Dental, Animal Health, and Corporate segments. The Dental segment offers consumable products, including infection control, restorative materials, and instruments; basic and advanced technology and dental equipment; practice optimization solutions, such as practice management software, e-commerce, revenue cycle management, patient engagement solutions, and clinical and patient education systems. It also provides a range of related services comprising software and design services, maintenance and repair, and equipment financing. The Animal Health segment distributes biologicals, pharmaceuticals, vaccines, parasiticides, diagnostics, prescription and non-prescription diets, nutritionals, consumable supplies, equipment, and software, as well as value-added services. This segment also provides private label portfolio of products to veterinarians, producers, and retailers under the Aspen, First Companion, and Patterson Veterinary brands. The Corporate segment offers customer financing services; and sells other miscellaneous products. It serves dentists, laboratories, institutions, other healthcare professionals, veterinarians, other animal health professionals, production animal operators, and animal health product retailers. The company was formerly known as Patterson Dental Company and changed its name to Patterson Companies, Inc. in June 2004. Patterson Companies, Inc. was founded in 1877 and is headquartered in Saint Paul, Minnesota.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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