River Road Asset Management LLC Trims Position in Patterson Companies by 0.4%

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Patterson Companies ($NASDAQ:PDCO), Inc. (PDCO) is a value-added distributor serving the dental and animal health markets in North America. Recently, River Road Asset Management LLC trimmed its stake in Patterson Companies, Inc. by 0.4% in the first quarter. The sale of shares by River Road Asset Management LLC shows that investors may be cautious about the future prospects of Patterson Companies, Inc., as the company grapples with a rapidly changing industry landscape.

However, the company has already initiated several strategic moves to improve its financial performance and its financial stability. Overall, Patterson Companies, Inc. continues to be a strong player in the dental and animal health markets. With its broad range of products and services, and strategic initiatives aimed at enhancing the company’s financial performance, it is well positioned to benefit from current market trends and remain competitive in the years to come.

Analysis

At GoodWhale, we provide insights on companies’ financials so that investors can make informed decisions. Paterson Companies is one of the companies in our portfolio and we have conducted an analysis to gauge its risk rating. After a comprehensive study, we have concluded that Paterson Companies is a high risk investment from both a financial and business perspective. GoodWhale has detected 3 risk warning signals in Paterson Companies’ balance sheet, cashflow statement, and financial journal. The warning signs include low liquidity ratio, high debt to equity ratio, and excessive expense. To check out what these risk signals mean for your investments, register with us today. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Patterson Companies. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Patterson Companies. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Patterson Companies. More…

Key Ratios Snapshot

Some of the financial key ratios for Patterson Companies are shown below. More…

Peers

The company’s competitors include PT Soho Global Health Tbk, BioGaia AB, and ForU Holdings Inc.

– PT Soho Global Health Tbk ($IDX:SOHO)

Soho Global Health Tbk is a leading healthcare company in Indonesia with a market cap of 7.04T as of 2022. The company has a strong focus on providing quality healthcare services to the Indonesian people. It has a wide range of products and services including hospitals, clinics, pharmacies, and medical equipment. The company has a strong focus on research and development to bring new and innovative products to the market. The company has a strong financial position with a return on equity of 15.28%.

– BioGaia AB ($LTS:0GTN)

Biogaia AB is a Swedish biotechnology company that develops, manufactures, and markets probiotic products for human and animal health. The company focuses on the development of lactic acid bacteria for the prevention and treatment of gastrointestinal diseases. Its products include Probio-Kid, a probiotic supplement for children; Probio-Stick, a probiotic supplement for adults; and BioGaia Protectis, a probiotic infant formula. Biogaia AB was founded in 1990 and is headquartered in Stockholm, Sweden.

– ForU Holdings Inc ($OTCPK:FORU)

Founded in 2013, U.S.-based ForU Holdings Inc is a provider of solar panel installation services. As of 2022, the company had a market capitalization of $3.61 million and a return on equity of 65.19%. The company’s solar panel installation services are available in the United States, Canada, and the United Kingdom.

Summary

River Road Asset Management LLC recently sold a small fraction of their shares in Patterson Companies, Inc. This could suggest a potential decrease in investor confidence in the company. It’s important for investors to stay up to date on the latest news and developments around Patterson Companies and to conduct a thorough analysis of the company’s financials, operations, and competitive positioning before making any investment decisions. In addition, investors should compare Patterson Companies against its peers in the industry and watch for potential catalysts that could move the stock price.