Patterson Companies Stock Short Ratio
| PDCO Stock | USD 25.80 0.38 1.45% |
Patterson Companies fundamentals help investors to digest information that contributes to Patterson Companies' financial success or failures. It also enables traders to predict the movement of Patterson Stock. The fundamental analysis module provides a way to measure Patterson Companies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Patterson Companies stock.
Patterson | Short Ratio |
Patterson Companies Company Short Ratio Analysis
Patterson Companies' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Patterson Companies Short Ratio | 3.19 X |
Most of Patterson Companies' fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Patterson Companies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Patterson Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Patterson Companies is extremely important. It helps to project a fair market value of Patterson Stock properly, considering its historical fundamentals such as Short Ratio. Since Patterson Companies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Patterson Companies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Patterson Companies' interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Patterson Discontinued Operations
Discontinued Operations |
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Based on the latest financial disclosure, Patterson Companies has a Short Ratio of 3.19 times. This is 18.21% lower than that of the Health Care Providers & Services sector and 66.94% lower than that of the Health Care industry. The short ratio for all United States stocks is 20.25% higher than that of the company.
Patterson Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Patterson Companies' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Patterson Companies could also be used in its relative valuation, which is a method of valuing Patterson Companies by comparing valuation metrics of similar companies.Patterson Companies is currently under evaluation in short ratio category among related companies.
Patterson Companies Institutional Holders
Institutional Holdings refers to the ownership stake in Patterson Companies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Patterson Companies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Patterson Companies' value.| Shares | Bank Of America Corp | 2023-12-31 | 1.6 M | Brown Advisory Holdings Inc | 2023-12-31 | 1.5 M | Northern Trust Corp | 2023-12-31 | 1.5 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.4 M | Neuberger Berman Group Llc | 2023-12-31 | 1.3 M | Victory Capital Management Inc. | 2023-12-31 | 1 M | Sasco Capital Inc | 2023-12-31 | 1 M | Lsv Asset Management | 2023-12-31 | 928.4 K | Norges Bank | 2023-12-31 | 919.6 K | Blackrock Inc | 2023-12-31 | 10.7 M | Vanguard Group Inc | 2023-12-31 | 9.3 M |
Patterson Fundamentals
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0596 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 3.12 B | ||||
| Shares Outstanding | 89.59 M | ||||
| Shares Owned By Insiders | 11.37 % | ||||
| Shares Owned By Institutions | 89.52 % | ||||
| Number Of Shares Shorted | 2.56 M | ||||
| Price To Earning | 13.85 X | ||||
| Price To Book | 2.35 X | ||||
| Price To Sales | 0.35 X | ||||
| Revenue | 6.47 B | ||||
| Gross Profit | 1.37 B | ||||
| EBITDA | 387.5 M | ||||
| Net Income | 206.6 M | ||||
| Cash And Equivalents | 153.23 M | ||||
| Cash Per Share | 1.58 X | ||||
| Total Debt | 628 M | ||||
| Debt To Equity | 0.70 % | ||||
| Current Ratio | 1.63 X | ||||
| Book Value Per Share | 10.78 X | ||||
| Cash Flow From Operations | (754.85 M) | ||||
| Short Ratio | 3.19 X | ||||
| Earnings Per Share | 2.03 X | ||||
| Price To Earnings To Growth | 2.10 X | ||||
| Target Price | 29.8 | ||||
| Number Of Employees | 7.6 K | ||||
| Beta | 1.05 | ||||
| Market Capitalization | 2.35 B | ||||
| Total Asset | 2.88 B | ||||
| Retained Earnings | 972.13 M | ||||
| Working Capital | 697.8 M | ||||
| Current Asset | 1.75 B | ||||
| Current Liabilities | 829.34 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 4.15 % | ||||
| Net Asset | 2.88 B | ||||
| Last Dividend Paid | 1.04 |
About Patterson Companies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Patterson Companies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Patterson Companies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Patterson Companies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Patterson Companies Piotroski F Score and Patterson Companies Altman Z Score analysis. To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.Note that the Patterson Companies information on this page should be used as a complementary analysis to other Patterson Companies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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When running Patterson Companies' price analysis, check to measure Patterson Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Patterson Companies is operating at the current time. Most of Patterson Companies' value examination focuses on studying past and present price action to predict the probability of Patterson Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patterson Companies' price. Additionally, you may evaluate how the addition of Patterson Companies to your portfolios can decrease your overall portfolio volatility.
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Is Patterson Companies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patterson Companies. If investors know Patterson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patterson Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.06) | Dividend Share 1.04 | Earnings Share 2.03 | Revenue Per Share 69.215 | Quarterly Revenue Growth 0.01 |
The market value of Patterson Companies is measured differently than its book value, which is the value of Patterson that is recorded on the company's balance sheet. Investors also form their own opinion of Patterson Companies' value that differs from its market value or its book value, called intrinsic value, which is Patterson Companies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patterson Companies' market value can be influenced by many factors that don't directly affect Patterson Companies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Patterson Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patterson Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patterson Companies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.