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Patrick Industries (PATK)
NASDAQ:PATK
Patrick Industries (PATK) Stock Price & Analysis
343 Followers
PATK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$67.40 - $123.58
Previous Close$114.6
Volume99.74K
Average Volume (3M)172.20K
Market Cap
$2.57B
Enterprise Value$3.76B
Total Cash (Recent Filing)$11.41M
Total Debt (Recent Filing)$1.21B
Price to Earnings (P/E)17.0
Beta1.46
Next Earnings
Jul 25, 2024EPS Estimate
$2.08Last Dividend Ex-Date
Jun 03, 2024Dividend Yield1.75%
Share Statistics
EPS (TTM)6.75
Shares Outstanding22,401,501
10 Day Avg. Volume97,588
30 Day Avg. Volume172,197
Standard Deviation0.15
R-Squared0.40
Alpha0.00679
Financial Highlights & Ratios
Price to Book (P/B)-10.56
Price to Sales (P/S)0.74
Price to Cash Flow (P/CF)5.60
P/FCF Ratio5.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.09
Enterprise Value/Gross Profit4.81
Enterprise Value/Ebitda26.38
Forecast
1Y Price Target
$125.25Price Target Upside9.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Patrick Industries News
PremiumCompany Announcements
Patrick Industries Clarifies Regulatory Filing Status
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceAnalyst reports an upside to consensus EPS, indicating stronger revenue and a favorable tax rate.
Financial ForecastAnalyst suggests a positive outlook on free cash flow, signaling solid financial health.
Operational EfficiencyAnalyst expects an improvement in operating margin, showcasing potential for increased profitability.
Bears Say
Financial PerformanceExpect softness in PATK’s marine category sales and a 1Q24 organic sales decline of 30% year over year.
Inventory ManagementDealers to take a cautious approach to inventory leading to destocking during the prime selling season.
Market OutlookPatrick beat expectations but tempered its outlook for end markets as higher interest rates impact both consumer demand and dealer willingness to stock inventory.
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Ownership Overview
17.36% Insiders
34.53% Mutual Funds
43.59% Other Institutional Investors
4.52% 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 $67.40 and its highest was $123.58 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 Jul 25, 2024 which is in 52 days.
How were Patrick Industries’s earnings last quarter?
Patrick Industries released its earnings results on May 02, 2024. The company reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.321 by $0.469.
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 $0.55 which represents an annual dividend yield of 1.75%. See more information on Patrick Industries dividends here
What is Patrick Industries’s EPS estimate?
Patrick Industries’s EPS estimate is $2.08.
How many shares outstanding does Patrick Industries have?
Patrick Industries has 22,401,500 shares outstanding.
What happened to Patrick Industries’s price movement after its last earnings report?
Patrick Industries reported an EPS of $1.79 in its last earnings report, beating expectations of $1.321. Following the earnings report the stock price went up 6.035%.
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 12M.
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Patrick Industries Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$125.25 (9.29% Upside)
$125.25 (9.29% Upside)
Blogger Sentiment
Bullish
PATK Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 4.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 4.8%
Last 30 Days ▼ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
78.94%
12-Months-Change
Fundamentals
Return on Equity
14.57%
Trailing 12-Months
Asset Growth
7.67%
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
Q1 2024
0:00 / 0:00
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PATK Stock 12 Month Forecast
Average Price Target
$125.25
▲(9.29% Upside)
Technical Analysis
Best Analysts Covering PATK
1 Year
1 Year Success Rate
15/15 ratings generated profit
1 Year Average Return
+38.82%
reiterated a buy rating last month
Copying Michael Swartz's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +38.82% per trade.
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