Patterson Companies (PDCO) : Traders are bullish on Patterson Companies (PDCO) as it has outperformed the S&P 500 by a wide margin of 1.12% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.94%, relative to the S&P 500. The stock has risen by 2.49% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.92% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.07% and the 50-Day Moving Average is 2.75%.The 200 Day SMA reached 2.16% Patterson Companies, Inc. has dropped 1.96% during the last 3-month period . Year-to-Date the stock performance stands at 3.63%.
Patterson Companies (PDCO) : Average target price received by Patterson Companies (PDCO) is $52 with an expected standard deviation of $9.06. The most aggressive target on the stock is $65, whereas the most downbeat target is $44. 4 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week Patterson Companies (NASDAQ:PDCO): The stock opened at $46 and touched an intraday high of $46.32 on Friday. During the day, the stock corrected to an intraday low of $45.58, however, the bulls stepped in and pushed the price higher to close in the green at $46.14 with a gain of 0.24% for the day. The total traded volume for the day was 1,516,479. The stock had closed at $46.03 in the previous trading session.
Patterson Companies, Inc. is a distributor serving the dental, veterinary and rehabilitation supply markets. The Company operates through three segments: dental supply, veterinary supply and rehabilitation supply. The Companys dental supply segment provides consumable products (including x-ray film, restorative materials, hand instruments and sterilization products); basic and advanced technology dental equipment; practice management and clinical software; patient education systems, and office forms and stationery. The Companys veterinary supply segment distributes veterinary supplies to companion-pet (dogs, cats and other common household pets), equine and large animal veterinarians and veterinary clinics, public and private institutions and shelters across the United States and in the United Kingdom. The rehabilitation supply segment distributes rehabilitation medical supplies and equipment.