For its first fiscal quarter (ending July 31), Patterson Cos Inc (NASDAQ: PDCO) has reported E.P.S. of $0.16 compared to $0.33 a year ago. For the latest four quarters through July 31, E.P.S. were $1.85 versus $2.21 for the same period a year ago.
Recent Price Action
Patterson Cos Inc (NASDAQ: PDCO) stock suffered a major decline of -12.5% on 8/28/24. The shares closed at $22.48. Moreover, trading volume in this decline was exceptionally high at 459% of normal. The stock has declined -8.7% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, PDCO is expected to continue to be a major Value Builder.
Patterson has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Patterson has a neutral Appreciation Score of 46 but a very low Power Rating of 11, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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