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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$80.62 - $148.35
Previous Close$129.68
Volume199.50K
Average Volume (3M)222.31K
Market Cap
$2.90B
Enterprise Value$4.45B
Total Cash (Recent Filing)$52.61M
Total Debt (Recent Filing)$1.60B
Price to Earnings (P/E)18.6
Beta1.49
Next Earnings
Feb 06, 2025EPS Estimate
$0.79Next Dividend Ex-Date
Nov 25, 2024Dividend Yield1.68%
Share Statistics
EPS (TTM)6.96
Shares Outstanding22,399,762
10 Day Avg. Volume327,600
30 Day Avg. Volume222,315
Standard Deviation0.14
R-Squared0.37
Alpha0.00787
Financial Highlights & Ratios
Price to Book (P/B)2.59
Price to Sales (P/S)0.80
Price to Cash Flow (P/CF)14.10
P/FCF Ratio21.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.22
Enterprise Value/Gross Profit5.69
Enterprise Value/Ebitda13.93
Forecast
1Y Price Target
$138.57Price Target Upside5.96% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Patrick Industries News
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 ImpactThe recent RecPro acquisition could provide significant upside by granting PATK increased access to the RV aftermarket.
Industry ReboundThe RV industry is poised to rebound due to prudent channel management and a pricing reset, and PATK is well-positioned to benefit from that rebound given its diverse product portfolio.
Market ExpansionRecent acquisition of RecPro should help expand its aftermarket presence across RV, Marine, and Powersport products.
Bears Say
EarningsPATK's 3Q24 results came in a little below expectations, as industry wholesale and content headwinds weighed on results.
Market ConditionsConsumer confidence & 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.
ValuationPATK 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
4.28% Insiders
35.71% Mutual Funds
17.62% Other Institutional Investors
13.49% 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 $80.62 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 77 days.
How were Patrick Industries’s earnings last quarter?
Patrick Industries released its earnings results on Oct 31, 2024. The company reported $1.8 earnings per share for the quarter, missing the consensus estimate of $1.824 by -$0.024.
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 1.68%. See more information on Patrick Industries dividends here
What is Patrick Industries’s EPS estimate?
Patrick Industries’s EPS estimate is $0.79.
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 $1.8 in its last earnings report, missing expectations of $1.824. Following the earnings report the stock price went down -5.985%.
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:
$138.57 (5.96% Upside)
$138.57 (5.96% Upside)
Blogger Sentiment
Bullish
PATK Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 26.3K 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 ▲ 3.0%
Last 30 Days ▲ 16.1%
Last 30 Days ▲ 16.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.85%
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
$138.57
▲(5.96% Upside)
Technical Analysis
Best Analysts Covering PATK
1 Year
1 Year Success Rate
17/19 ratings generated profit
1 Year Average Return
+37.84%
reiterated a buy rating 18 days ago
Copying Michael Swartz's trades and holding each position for 1 Year would result in 89.47% of your transactions generating a profit, with an average return of +37.84% per trade.
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