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Patrick Industries (PATK)
NASDAQ:PATK
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PATK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$91.01 - $148.35
Previous Close$134.59
Volume457.82K
Average Volume (3M)249.01K
Market Cap
$3.01B
Enterprise Value$4.56B
Total Cash (Recent Filing)$52.61M
Total Debt (Recent Filing)$1.60B
Price to Earnings (P/E)19.3
Beta1.52
Next Earnings
Feb 06, 2025EPS Estimate
$0.51Last Dividend Ex-Date
Nov 25, 2024Dividend Yield1.67%
Share Statistics
EPS (TTM)6.96
Shares Outstanding22,399,762
10 Day Avg. Volume243,488
30 Day Avg. Volume249,011
Standard Deviation0.14
R-Squared0.38
Alpha0.00839
Financial Highlights & Ratios
Price to Book (P/B)2.67
Price to Sales (P/S)0.83
Price to Cash Flow (P/CF)14.60
P/FCF Ratio22.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.25
Enterprise Value/Gross Profit5.83
Enterprise Value/Ebitda14.28
Forecast
1Y Price Target
$141.88Price Target Upside60.77% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Patrick Industries News
PremiumCompany Announcements
Patrick Industries to Host First Investor Day
PremiumCompany Announcements
Patrick Industries Boosts Dividend and Expands Buyback
PremiumCompany Announcements
Patrick Industries Sees Sales Growth Amid Strategic MovesBulls Say, Bears Say
Bulls Say
Acquisition StrategyA key part of Patrick Industries' long-term growth is expected to come from a robust acquisition pipeline, especially in Marine and Powersports.
Market ExpansionThe recent RecPro acquisition could provide significant upside by granting PATK increased access to the RV aftermarket.
Sales Growth PotentialPatrick Industries sees a roadmap to $8 billion in sales with a 12-16% operating margin driven by organic growth, capital allocation to M&A, leverageable overhead, and automation investments.
Bears Say
Consumer Confidence And Inventory CostsConsumer confidence and affordability still remain low while the cost to carry inventory remains high, suggesting that dealers are unlikely to rebuild inventory in a low volume retail period.
Retail And Shipment TrendsNear-term retail and shipment trends are expected to remain challenging despite long-term opportunities.
Valuation ConcernsPATK is trading at the high end of its 5 year historical trading range (16X forward P/E vs. 10X historically).
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Ownership Overview
4.13% Insiders
36.72% Mutual Funds
18.03% Other Institutional Investors
12.07% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PATK FAQ
What was Patrick Industries’s price range in the past 12 months?
Patrick Industries lowest stock price was $91.01 and its highest was $148.35 in the past 12 months.
What is Patrick Industries’s market cap?
Currently, no data Available
When is Patrick Industries’s upcoming earnings report date?
Patrick Industries’s upcoming earnings report date is Feb 06, 2025 which is in 47 days.
How were Patrick Industries’s earnings last quarter?
Patrick Industries released its earnings results on Oct 31, 2024. The company reported $1.2 earnings per share for the quarter, missing the consensus estimate of $1.216 by -$0.016.
Is Patrick Industries overvalued?
According to Wall Street analysts Patrick Industries’s price is currently Undervalued.
Does Patrick Industries pay dividends?
Patrick Industries pays a Quarterly dividend of $0.6 which represents an annual dividend yield of 1.67%. See more information on Patrick Industries dividends here
What is Patrick Industries’s EPS estimate?
Patrick Industries’s EPS estimate is $0.51.
How many shares outstanding does Patrick Industries have?
Patrick Industries has 22,399,761 shares outstanding.
What happened to Patrick Industries’s price movement after its last earnings report?
Patrick Industries reported an EPS of $1.2 in its last earnings report, missing expectations of $1.216. Following the earnings report the stock price went down -5.989%.
Which hedge fund is a major shareholder of Patrick Industries?
Among the largest hedge funds holding Patrick Industries’s share is Royce & Associates LLC. It holds Patrick Industries’s shares valued at 11M.
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Patrick Industries Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$141.88 (60.77% Upside)
$141.88 (60.77% Upside)
Blogger Sentiment
Bullish
PATK Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 12.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 9.4%
Last 30 Days ▲ 31.6%
Last 30 Days ▲ 31.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
53.73%
12-Months-Change
Fundamentals
Return on Equity
14.32%
Trailing 12-Months
Asset Growth
17.58%
Trailing 12-Months
Company Description
Patrick Industries
Patrick Industries, Inc. engages in the manufacture of components products and distribution of building products for industrial markets. It operates through the following segments: Manufacturing and Distribution. The Manufacturing segment includes laminated products what are utilized to produce furniture, shelving, walls, countertops, cabinet products, cabinet doors, fiberglass bat fixtures, hardwood furniture, vinyl printing, solid surface, granite, quartz countertop fabrication, RV painting, fabricated aluminum products, fiberglass and plastic components, softwoods lumber, custom cabinetry, polymer-based flooring, electrical systems components, and other products. The Distribution segment distributes pre-finished wall and ceiling panels, drywall and drywall finishing products, electronics and audio systems components, wiring, electrical and plumbing products, fiber reinforced polyester products, cement siding, interior passage doors, roofing products, laminate and ceramic flooring, shower doors, furniture, fireplaces and surrounds, interior and exterior lightning products, and other miscellaneous products. The company was founded in 1959 and is headquartered in Elkhart, IN.
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PATK Company Deck
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PATK Earnings Call
Q3 2024
0:00 / 0:00
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PATK Stock 12 Month Forecast
Average Price Target
$141.88
▲(60.77% Upside)
Technical Analysis
Best Analysts Covering PATK
1 Year
1 Year Success Rate
9/10 ratings generated profit
1 Year Average Return
+31.06%
assigned a buy rating 18 days ago
Copying Noah Zatzkin's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +31.06% per trade.
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