Home Sectors Healthcare Current Technicals: Patterson Companies (NASDAQ: PDCO)

Current Technicals: Patterson Companies (NASDAQ: PDCO)


Patterson Companies is in the medical distribution industry and is in the healthcare sector. 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 3.04% with an open at 21.56 and a close of 22.04. It reached an intraday high of 22.10 and a low of 21.56.

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The stock has a market cap of $2.1b with 95.2m shares outstanding, of which the float is 93.6m shares. Trading volume reached 598,237 shares compared to its average volume of 622,492 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Patterson Companies shares returned 1.33% and in the past 30 trading days it returned 2.27%. Over three months, it changed -3.28%. In one year it has changed 8.70% and within that year its 52-week high was 26.60 and its 52-week low was 18.94. PDCO stock is 16.37% above its 52 Week Low.

Our calculations show a 200 day moving average of 22.38 and a 50 day moving average of 21.88. Currently PDCO stock is trading -1.54% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

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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 10.16. Based on 11 analyst estimates, the consensus EPS for the next quarter is 0.35. The TTM EPS is 1.50, which comes to a TTM PE of 14.69. Historically, the PE high was 27.00 and the PE low was 10.16. If the stock reached its PE low, that would represent a price of 15.24, which is a decrease of -30.86%.

Below was the last reported quarterly diluted earnings per share:

Jan19 (Reported on 02/28/2019): 0.33
Oct18 (Reported on 12/06/2018): 0.31
Jul18 (Reported on 08/30/2018): -0.05
Apr18 (Reported on 06/21/2018): 0.23
Jan18 (Reported on 03/01/2018): 1.18

The dividend per share is currently 1.04, which is a dividend yield of 4.72%. PDCO stock may not have enough earnings to cover future dividends and still be able to invest in the business, therefore the dividend may be cut in the future.

Base on our calculations, the intrinsic value per share is 20.22, which means it may be overvalued by -9.00%.

Indicators to Watch:

The current calculated beta is 1.29.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 5.22%, return on assets is 2.19%, profit margin is 1.33%, price-to-sales is 0.49 and price-to-book is 1.39.

Company Scores:

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

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.