Patterson Companies is a distributor serving the dental supply markets and animal health supply markets. Co.'s business units are: Patterson Dental, which provides consumable products (including infection control, restorative materials, and instruments); technology and dental equipment; and practice optimization solutions, including practice management software, e-commerce, revenue cycle management, patient engagement solutions, and clinical and patient education; and Patterson Animal Health, which distributes pharmaceuticals, vaccines, parasiticides, diagnostics, prescription and non-prescription diets, nutritionals, consumable supplies and equipment products. We show 58 historical shares outstanding datapoints in our PDCO shares outstanding history coverage, used to compute PDCO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PDCO market cap history over the course of time is important for investors
interested in comparing PDCO's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of PDCO versus a peer is one thing; comparing
PDCO market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like PDCO can fluctuate over the course of history.
With this page we aim to empower investors researching PDCO by allowing them to research the PDCO market cap history. |
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Video: The Importance of Market Cap
