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Patrick Industries, Inc. (PATK)
:PATK
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PATK Stock Chart & Stats
Day’s Range― - ―
52-Week Range$65.88 - $98.90
Previous CloseN/A
Volume52.98K
Average Volume (3M)424.45K
Market Cap
$3.12B
Enterprise Value$4.76B
Total Cash (Recent Filing)$6.45M
Total Debt (Recent Filing)$256.81M
Price to Earnings (P/E)20.0
Beta1.67
Next Earnings
Feb 06, 2025EPS Estimate
0.52Last Dividend Ex-Date
Nov 25, 2024Dividend Yield1.62%
Share Statistics
EPS (TTM)4.64
Shares Outstanding33,599,644
10 Day Avg. Volume352,770
30 Day Avg. Volume424,446
Standard Deviation0.14
R-Squared0.38
Alpha0.00748
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.85
Price to Cash Flow (P/CF)15.10
P/FCF Ratio23.10
Enterprise Value/Market Cap1.53
Enterprise Value/Revenue1.30
Enterprise Value/Gross Profit6.09
Enterprise Value/Ebitda14.91
Forecast
1Y Price Target
$95.41Price Target Upside2.90% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Patrick Industries News
PremiumCompany Announcements
Patrick Industries to Host First Investor Day
PremiumCompany Announcements
Patrick Industries Boosts Dividend and Expands Buyback
Bulls Say, Bears Say
Bulls Say
AcquisitionsA key part of Patrick Industries' long-term growth is expected to come from a robust acquisition pipeline, especially in Marine and Powersports.
Financial PerformancePatrick 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.
Market PositioningThe recent RecPro acquisition could provide significant upside by granting PATK increased access to the RV aftermarket.
Bears Say
Financial PerformancePATK's 3Q24 results came in a little below expectations, as industry wholesale and content headwinds weighed on results.
Product Mix ShiftPATK's RV content is continuing to be pressured by an ongoing mix shift to smaller, more affordable, and less-contented units.
Retail And Shipment ChallengesNear-term retail and shipment trends are expected to remain challenging despite long-term opportunities.
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Ownership Overview
2.75% Insiders
23.94% Mutual Funds
0.81% Other Institutional Investors
49.96% 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, Inc.’s price range in the past 12 months?
Patrick Industries, Inc. lowest stock price was $65.88 and its highest was $98.90 in the past 12 months.
What is Patrick Industries, Inc.’s market cap?
Patrick Industries, Inc.’s market cap is $3.12B.
When is Patrick Industries, Inc.’s upcoming earnings report date?
Patrick Industries, Inc.’s upcoming earnings report date is Feb 06, 2025 which is in 15 days.
How were Patrick Industries, Inc.’s earnings last quarter?
Patrick Industries, Inc. 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, Inc. overvalued?
According to Wall Street analysts Patrick Industries, Inc.’s price is currently Undervalued.
Does Patrick Industries, Inc. pay dividends?
Patrick Industries, Inc. pays a Quarterly dividend of $1.497 which represents an annual dividend yield of 1.62%. See more information on Patrick Industries, Inc. dividends here
What is Patrick Industries, Inc.’s EPS estimate?
Patrick Industries, Inc.’s EPS estimate is 0.52.
How many shares outstanding does Patrick Industries, Inc. have?
Patrick Industries, Inc. has 33,599,644 shares outstanding.
What happened to Patrick Industries, Inc.’s price movement after its last earnings report?
Patrick Industries, Inc. 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 -5.993%.
Which hedge fund is a major shareholder of Patrick Industries, Inc.?
Currently, no hedge funds are holding shares in PATK
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Patrick Industries Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$95.41 (2.90% Upside)
$95.41 (2.90% Upside)
Blogger Sentiment
Bullish
PATK Sentiment 70%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 18.5K 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 ▼ 1.7%
Last 30 Days ▲ 18.2%
Last 30 Days ▲ 18.2%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
49.47%
12-Months-Change
Fundamentals
Return on Equity
14.32%
Trailing 12-Months
Asset Growth
17.58%
Trailing 12-Months
Company Description
Patrick Industries, Inc.
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
Earnings Call Sentiment|Positive
The earnings call reflects a generally positive outlook with strong top-line growth, strategic acquisitions, and solid financial management. Despite facing challenges in specific segments like RV and Powersports, the company is well-positioned with a strong balance sheet and strategic initiatives in place for future growth.Read More>---
PATK Stock 12 Month Forecast
Average Price Target
$95.41
▲(2.90% Upside)
Technical Analysis
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Best Analysts Covering PATK
1 Year
1 Year Success Rate
18/21 ratings generated profit
1 Year Average Return
+32.50%
reiterated a buy rating 16 days ago
Copying Michael Swartz's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +32.50% per trade.
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