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How to Buy Patterson Companies Stock

Patterson Companies Inc

Patterson Companies, Inc. engages in distribution of dental and animal health products in the United States, the United Kingdom, and Canada.

Patterson Companies stock last closed at $20.23, down 1.75% from the previous day, and has decreased 32.21% in one year. It has underperformed other stocks in the Medical Distribution industry by 0.43 percentage points. Patterson Companies stock is currently +1.35% from its 52-week low of $19.96, and -37.91% from its 52-week high of $32.58.

There are currently 88.15M PDCO shares outstanding. The market cap of PDCO is $1.78B. In the past 24 hours, 670,471 PDCO shares were traded.

How to Buy Patterson Companies Stock

Wondering how to invest in Patterson Companies stock? Here's how.
  1. Choose where to buy Patterson Companies stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Patterson Companies stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Choose your payment method and add your details.
  4. Research Patterson Companies stock: The Patterson Companies ticker symbol is PDCO. Is Patterson Companies stock a good investment? Should you buy shares of PDCO? How do PDCO's underlying business fundamentals look? Do top analysts think Patterson Companies is a good buy? Why has PDCO's stock price moved recently? (Hint: Our stock market research website can help you evaluate if PDCO is a good stock to buy).
  5. Execute your PDCO trade: Decide if you will purchase PDCO shares at the current market price or use a limit order to buy PDCO shares at a specific price.
  6. Get updates on your PDCO position: Create a watchlist to important updates regarding your investment in Patterson Companies stock.

Step 1: Choose where to buy Patterson Companies stock

You will need a brokerage account to access the NASDAQ market and buy PDCO stock.

A brokerage account enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal information so you can invest in PDCO stock today.

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Step 3: Deposit funds into your investment account

Now that you've finished signing up on the best stock market app, you need to deposit funds:

Check out the video below for more details depositing funds into your new brokerage account.

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Step 4: Research Patterson Companies stock

After you have decided on the best place to buy Patterson Companies stock, it's crucial to research their stock before you buy, so you truly understand the risk as well as the upside.

Patterson Companies Numbers

PDCO Price
$20.23
1w %
-6.04%
1y %
-32.21%
5y %
19%
P/E
10.99x
P/B
1.87x
P/S
0.27x
PEG
0.79x
Revenue
$6.53B
Earnings
$168.41M
Fore. Rev. Growth
2.47%
Fore. Earn. Growth
13.99%
Market Cap
$1.78B
Next Earnings
Nov 27, 2024
Next Dividend
Nov 1, 2024

PDCO Zen Score

WallStreetZen was built to help part-time investors do more in-depth fundamental analysis.

You can view all of the due diligence checks on PDCO's stock page.

Is PDCO stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge PDCO's true value.

Using relative valuations ratios:

  • PDCO may be undervalued based on its P/E ratio of 10.99x, relative to Medical Distribution industry P/E ratio of 23.8x
  • PDCO could be undervalued based on its P/B ratio of 1.87x, relative to Medical Distribution industry P/B ratio of 94.53x
  • PDCO could be undervalued based on its PEG ratio of 0.79x

You can do additional valuation analysis on PDCO's stock here.

PDCO Financials at a glance

Pros:

  • There are more short-term assets than long-term liabilities on the PDCO balance sheet.
  • There are more short-term assets than short-term liabilities on the PDCO balance sheet.

Cons:

  • PDCO has $148.08M in cash and short term investments. This is not enough to cover its annual cash burn of $885.03M.
  • PDCO has a relatively high debt to equity ratio of 2.02.
  • PDCO has cash burn of 885028000. It does not have sufficient cash and short-term investments to cover this.
  • PDCO profit margin has gone down from 3.3% to 2.6% in the past year.
  • Total PDCO debt is higher than 5 years ago, relative to shareholder equity.

Is PDCO stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 3 sell side analysts who give ratings on PDCO, the consensus analyst rating on PDCO is a Hold

Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Patterson Companies stock forecast page.

PDCO Momentum

SMA10
21.34
SMA20
21.33
SMA50
23.14
SMA100
23.74
SMA200
25.71
MACD
-0.56
MACD Signal
-0.55
MACD Histogram
-0.02
RSI
33.9
Stochastic %K
14.93
Stochastic %D
37.85
StochRSI %K
14
StochRSI %D
44.01

PDCO Growth Metrics

Last year, PDCO earnings were $168.41M. In the past five year, PDCO's earnings have increased by 7.7% per year. This was slower than the Medical Distribution industry average of 24.27%.

Last year, PDCO revenue was $6.53B. Over the last 5 year, PDCO's revenue has gone up by 3.25% per year. This was slower than the Medical Distribution industry average of 8.4%.

You can analyze PDCO's earnings and revenue performance here.

Latest Insiders Trades at PDCO

In the last 12 months, executives and large shareholders at PDCO have bought more shares than they have sold.

Samantha L. Bergeson, CHRO of PDCO, was the latest PDCO insider to buy. They bought $167.08 worth of PDCO shares on Sep 30, 2024.

Learn more about who owns PDCO stock here.

Does PDCO provide a stable income stream?

Patterson Companies pays a dividend of 5.14%, compared to the Medical Distribution industry's average dividend yield of 2.11%. If you owned $1,000 worth of PDCO stock, you would have been paid $51.41 in the past year.

Patterson Companies dividend payments have consistently grown over the past decade and have remained stable.

Get more analysis about Patterson Companies dividend yield and history here.

What do other investors have to say about PDCO?

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Step 5: Execute your PDCO trade

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly fine.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.

Hit the Open button and your broker will execute the order.

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Step 6: Get updates on your PDCO position

Now that you own some PDCO shares, you'll want to keep up with your new stock purchase.

Create a watchlist to get notified of important updates regarding your PDCO stock.

PDCO Feed

How to Buy Stock in Patterson Companies

To reiterate, here are the 6 steps for buying Patterson Companies stock:

  1. Choose where to buy Patterson Companies stock
  2. Sign up for your brokerage account
  3. Deposit funds into your investment account
  4. Research Patterson Companies stock
  5. Execute your PDCO trade
  6. Get updates on your PDCO position

If you need a brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your investment in Patterson Companies, hit the button below to create your watchlist.

NASDAQ: PDCO
$20.23-0.36 (-1.75%)
Updated Oct 3, 2024
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NASDAQ: PDCO
$20.23-0.36 (-1.75%)
Updated Oct 3, 2024
Open eToro Account

FAQ

How much does it cost to buy one Patterson Companies share?

As of Oct 3, 2024, it costs $20.23 to buy one share of Patterson Companies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.494 shares of PDCO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Patterson Companies stock?

According to 3 Wall Street analysts who monitor Patterson Companies, their consensus recommendation is to hold Patterson Companies stock.

What is the best way to buy Patterson Companies stock?

One way to place an order for Patterson Companies stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.