Patterson Cos Inc (NASDAQ: PDCO) has reported earnings for its fourth fiscal quarter (ending April 30) of $0.75 versus $0.77 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $2.00 versus $2.14 for the same period a year ago.
Recent Price Action
Patterson Cos Inc (NASDAQ: PDCO) stock enjoyed a major increase of 11.1% on 6/18/24. The shares closed at $25.38. Moreover, trading volume in this advance was exceptionally high at 447% of normal. The stock has been weak relative to the market over the last nine months but has risen 9.3% during the last week.
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). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Patterson has a slightly negative Appreciation Score of 33 and a very low Power Rating of 13, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information and very positive 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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