Home Sectors Healthcare Latest Movement: Patterson Companies (NASDAQ: PDCO)

Latest Movement: Patterson Companies (NASDAQ: PDCO)

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Patterson Companies trades as part of the healthcare sector and is in the medical distribution industry. The company CEO is Mark S. Walchirk. Patterson Companies Inc is a value-added specialty distributor. It operates through its two strategic business units, Patterson Dental and Patterson Animal Health, offering similar products and services to different customer bases.

Previous Intraday Trading Performance:

The PDCO stock showed a previous change of -0.43% with an open at 23.40 and a close of 23.16. It reached an intraday high of 23.53 and a low of 22.73.

SeekingAlpha:  Patterson Companies: Should You Buy This Medical Supplier's 4.2% Yield?

Liquidity:

The stock has a market cap of $2.2b with 94.7m shares outstanding, of which the float is 93.4m shares. Trading volume reached 2,005,966 shares compared to its average volume of 2,664,605 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Patterson Companies shares returned 1.22% and in the past 30 trading days it returned 9.35%. Over three months, it changed 1.34%. In one year it has changed -45.69% and within that year its 52-week high was 44.09 and its 52-week low was 20.57. PDCO stock is 12.59% above its 52 Week Low.

Our calculations show a 200 day moving average of 29.75 and a 50 day moving average of 22.48. Currently PDCO stock is trading -22.14% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Patterson Companies: Should You Buy This Medical Supplier's 4.2% Yield?

Earnings:

The last annual fiscal EPS for the company was reported at 2.17 that ended on 30th of April 2018, which according to the previous close, that is a PE of 10.67. Based on 8 analyst estimates, the consensus EPS for the next quarter is 0.54. The TTM EPS is 2.22, which comes to a TTM PE of 10.43. Historically, the PE high was 27.00 and the PE low was 10.43. PDCO stock has set a new PE low record!

The following are the last four quarter reported earnings per share:
04-30-2018:  0.30
01-31-2018:  0.43
10-31-2017:  0.51
07-31-2017:  0.44

The dividend per share is currently 1.04, which is a dividend yield of 4.47%. Also, the payout ratio is 46.85%, therefore the dividend is safe according to our calculations. PDCO stock has a high dividend yield, but because the company has sufficient earnings to cover future dividends, it may be a good investment opportunity for an income portfolio.

Base on our calculations, the intrinsic value per share is 37.68, which means it is possibly undervalued and has a margin of safety of 38.53%

Indicators to Watch:

Based on the latest filings, there is 89.80% of institutional ownership. Short-interest is 15,664,528, which is 16.54% of shares outstanding. The short-interest ratio or days-to-cover ratio is 10.45. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 1.07

SeekingAlpha:  By The Numbers: Industrials With Big Cash Distributions

Fundamental Indicators:

Based on last reported financials, the company's return on equity is 13.36%, return on assets is 5.46%, profit margin is 3.72%, price-to-sales is 0.40 and price-to-book is 1.51.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 3  :Past Performance Score
 3  :Financial Strength Score
 0  :Future Growth Score
 4  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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