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 $25.47, down 1.01% from the previous day, and has decreased 4.21% in one year. It has underperformed other stocks in the Medical Distribution industry by 0.37 percentage points. Patterson Companies stock is currently +1.88% from its 52-week low of $25.00, and -26.24% from its 52-week high of $34.53.
There are currently 89.59M PDCO shares outstanding. The market cap of PDCO is $2.28B. In the past 24 hours, 765,018 PDCO shares were traded.
How to Buy Patterson Companies Stock
Wondering how to invest in Patterson Companies stock? Here's how.
- 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.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your payment method and add your details.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
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Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 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.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open a new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
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.
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 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 12.49x, relative to Medical Distribution industry P/E ratio of 25.93x
- PDCO could be undervalued based on its P/B ratio of 2.35x, relative to Medical Distribution industry P/B ratio of 144.44x
- PDCO could be overvalued based on its PEG ratio of 1.15x
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 $124.00M in cash and short term investments. This is not enough to cover its annual cash burn of $819.48M.
- PDCO has a relatively high debt to equity ratio of 2.03.
- PDCO has cash burn of 819478000. It does not have sufficient cash and short-term investments to cover this.
- PDCO profit margin has gone down from 3.1% to 3% 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 5 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.
Latest PDCO Analyst Ratings
Jonathan Block, a top 44% analyst from Stifel Nicolaus reiterates PDCO with a hold rating and maintains their PDCO price target from $32.00 to $32.00, on Nov 28, 2023.
You can dive deeper into what analysts are saying on the Patterson Companies stock forecast page.
PDCO Technicals
PDCO Earnings
Last year, PDCO earnings were $193.86M. Over the last 5 year, PDCO's earnings have gone up by 19.7% per year. This was faster than the Medical Distribution industry average of 16.55%.
Last year, PDCO revenue was $6.57B. In the last five year, PDCO's revenue has increased by 3.46% per year. This was slower than the Medical Distribution industry average of 7.99%.
Learn more about PDCO's earnings and revenue performance here.
Who is buying/selling PDCO?
In the last year, insiders 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 $10,247.31 worth of PDCO shares on Mar 31, 2024.
Research more about who owns PDCO stock here.
Does PDCO stock generate passive income?
Patterson Companies pays a dividend of 5.1%, compared to the Medical Distribution industry's average dividend yield of 2.07%. If you owned $1,000 worth of PDCO stock, you would have received $51.04 in the past 12 months.
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.
Get analysis from other traders
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your PDCO trade
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, place a limit order.
Click the Open Trade button and eToro will place the order.
If you require additional help buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your PDCO position
Now that you own some PDCO shares, you'll want to stay up-to-date on your new shares.
Create a watchlist to track your PDCO stock.
PDCO Feed
How to Buy Stock in Patterson Companies
To reiterate, here are the 6 steps for buying Patterson Companies stock:
- Choose where to buy Patterson Companies stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Research Patterson Companies stock
- Execute your PDCO trade
- Get updates on your PDCO position
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Patterson Companies, create a watchlist today.
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