Technical Analysis of Patterson Companies, Inc. (NASDAQ:PDCO)

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Patterson Companies, Inc. (NASDAQ:PDCO) for the period of 9-Day stands at 9.42% while the stochastic %D for the same period stands at 10.11%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Patterson Companies, Inc. (NASDAQ:PDCO) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Patterson Companies, Inc. (NASDAQ:PDCO) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Patterson Companies, Inc. (NASDAQ:PDCO)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Patterson Companies, Inc. is a value-added distributor serving the dental, companion-pet veterinarian and rehabilitation supply markets.

Previous Day Activity Analysis

On the last trading day, Patterson Companies, Inc. (NASDAQ:PDCO) opened the session at $34.03 and after going down -1.91% closed at $33.38. The stock lost -0.65 points in the last trade.

Patterson Companies, Inc. (NASDAQ:PDCO)’s stock fluctuated in the range of $33.20 and $34.12 during the previous active session. Patterson Companies, Inc. (NASDAQ:PDCO) traded with the volume of 1.64 Million with average volume of 1.49 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 0.98 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.92 and 25.56 respectively.

Currently the Insider Ownership of the shares of Patterson Companies, Inc. (NASDAQ:PDCO) is at 0.4% and the shares outstanding are 97.57 Million.

Important Ratio Analysis

Some important ratios to consider here for Patterson Companies, Inc. (NASDAQ:PDCO) are discussed below:

Dividend yield of Patterson Companies, Inc. (NASDAQ:PDCO) stands at 3.12% whereas Price to Earnings P/E ratio stands at 19.1 while Forward P/E shows the value of 13.43.

The PEG ratio (Price to Earning to Growth) emits the value of 2.28. The Price to Sale P/S and Price to Book P/B shows the value of 0.59 and 2.25 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 32.63 and 60.42 correspondingly.

The Quick Ratio of Patterson Companies, Inc. (NASDAQ:PDCO) stands at 1.2 while the Current Ratio depicts the value of 2.

Return on Assets ROA of Patterson Companies, Inc. (NASDAQ:PDCO) is at 4.6% whereas, Return on Equity ROE and Return of Investment ROI of Patterson Companies, Inc. (NASDAQ:PDCO) stand at 11.7% and 8.5% respectively.

The payout ratio of Patterson Companies, Inc. (NASDAQ:PDCO) stands at 57.9%.

Stock Performance Analysis

The stock performance of Patterson Companies, Inc. (NASDAQ:PDCO) on the basis of 5 day trade show the dip of -7.66% whereas, the monthly performance of the stock shows decrease of -10.34%.

The quarterly performance of the stock remained in red zone with the value of -11.93% while six month performance of the shares of Patterson Companies, Inc. (NASDAQ:PDCO) remained bearish with the count of -23.42%.

The yearly and YTD performance of Patterson Companies, Inc. (NASDAQ:PDCO) remained down at -29.7% and -18.64% respectively.