Patterson Companies (NASDAQ:PDCO) Upgraded by BidaskClub to Strong-Buy

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Fund investment / portfolio management for long term sustainable growth concept : Investor pours water from watering can, sprout on rows of rising coins, depicts money gain from financial investment.

Patterson Companies stock has undergone multiple analysts rating changes in the recent past.  Patterson Companies Upgraded by BidaskClub on 6/30/2020. In a note to investors, the firm issued a new rating of Strong-Buy. The analysts previously had rating of Buy.

Shares of Patterson Companies traded down -$0.30 on Monday, reaching $22.50. 0 shares of the stock traded hands, compared to its average volume of 1326897. Shares of Patterson Companies ended Monday on at $22.50. The firm’s 50 day moving average is $18.10 and its 200 day moving average is $19.22.Patterson Companies  has a 12 month low of $22.30 and a 12 month high of $25.70. While on yearly highs and lows, Patterson Companies’s today has traded high as $23.08 and has touched $22.30 on the downward trend. See More Analyst Rating at: RATING

Patterson Companies Earnings and What to expect: 

Patterson Companies last released its quarterly earnings data on June 24th, 2020. The reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.26. The firm earned $1.29 billion during the quarter, compared to the consensus estimate of $1.17 billion. Its revenue was down 10.5% compared to the same quarter last year. Patterson Companies has generated $1.55 earnings per share over the last year. Patterson Companies has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, September 3rd, 2020 based off prior year’s report dates.

Earnings for Patterson Companies are expected to grow by 26.12% in the coming year, from $1.34 to $1.69 per share. The P/E ratio of Patterson Companies is -3.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Patterson Companies is -3.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Patterson Companies has a PEG Ratio of 2.50. PEG Ratios above 1 indicate that a company could be overvalued. Patterson Companies has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 0.75%
  • On 1/11/2018 Insider Ann B. Gugino Sell 750 at average share price of $36.38 which equates to $27,285.00 in money value.
  • On 11/24/2017 Director John D Buck Buy 2,834 at average price of  $34.93 with total value of : Not Data Available
  • On 10/11/2017 CFO Ann B. Gugino Sell 750 at average price of  $36.73 with total value of : $27,547.50

Analyst at BidaskClub are also talking about :

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  • 6/30/2020 – VSE was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/30/2020 – Verisign was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

Patterson Companies (NASDAQ:PDCO) Moving Average Technical Analysis

5 day Moving Average is $21.49 And 5 day price change is $2.79 (14.16%)  with average volume for 5 day average is 2,211,780. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $20.01 and 20 day price change is $2.40 (11.94%) and average 20 day moving volume is 1,442,265. 50 day moving average is $18.10  and 50 day price change is $6.94 ( 44.60%)  and with average volume for 50 days is : 1,340,306. 200 day moving average is $19.22  and 200 day price change is $4.10 (22.28%)  and with average volume for 200 days is : 1,242,195.

See More Analyst Rating at: RATING