Patrick Industries/PATK

$103.09

0.44%
-
1D1W1MYTD1YMAX

About Patrick Industries

Patrick Industries, Inc. is a component solutions provider for the recreational vehicle (RV), marine, powersports and housing markets. The Company’s segments include Manufacturing, which offers laminated products for furniture, shelving, walls and countertops; decorative vinyl, wrapped vinyl, paper laminated panels and vinyl printing; solid surface, granite and quartz countertops; fabricated aluminum products; and other products, and Distribution segment, which provides pre-finished wall and ceiling panels, drywall and drywall finishing products, interior and exterior lighting products, wiring, electrical and plumbing products, transportation and logistics services and other products. It operates through a network that includes approximately 179 manufacturing plants and 62 warehouse and distribution facilities located in 23 states with presence in Mexico, China, and Canada. It also serves original equipment manufacturers (OEMs), and various other industrial markets.

Ticker

PATK

Sector

Consumer Cyclicals

Trading on

NASDAQ

Industry

Constr. - Supplies & Fixtures

CEO

Todd Cleveland

Employees

10,000

Headquarters

Elkhart, United States

PATK Metrics

BasicAdvanced
$2.33B
Market cap
16.02
P/E ratio
$6.51
EPS
1.73
Beta
$1.90
Dividend rate
2.11%
Dividend yield
$2.33B
1.72793
$123.58
$63.57
182.26K
$1.90
2.381
0.728
97.419
98.136
29.62%
17.973
3.77%
5.35%
14.29%
6.12%
16.018
0.673
2.209
7.59
1.6%
1.82%
2.11%
-28.96%
-51.33%
11.73%
15.6%
22.64%

What the Analysts think about PATK

Analyst Ratings

Majority rating from 8 analysts.
Buy

Price Targets

Average projection from 8 analysts.
15.56% upside
High $145.00
Low $95.00
$103.09
Current price
$119.13
Average price target

PATK Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
3.94% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$781.1M
-9.8%
Net income
$30.8M
-22.03%
Profit margin
3.94%
-13.6%

PATK Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 4.35%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$1.35
$1.94
$1.84
$1.41
-
Expected
$1.14
$1.83
$1.75
$1.35
$1.32
Surprise
18.57%
6.26%
5.06%
4.35%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Patrick Industries stock?

Patrick Industries (PATK) has a market cap of $2.33B as of April 20, 2024.

What is the P/E ratio for Patrick Industries stock?

The price to earnings (P/E) ratio for Patrick Industries (PATK) stock is 16.02 as of April 20, 2024.

Does Patrick Industries stock pay dividends?

Yes, the Patrick Industries (PATK) stock pays dividends to shareholders. As of April 20, 2024, the dividend rate is $1.9 and the yield is 2.11%. Patrick Industries has a payout ratio of 29.62% on a trailing twelve-month basis.

When is the next Patrick Industries dividend payment date?

The next Patrick Industries (PATK) dividend payment date is unconfirmed.

What is the beta indicator for Patrick Industries?

Patrick Industries (PATK) has a beta rating of 1.73. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Patrick Industries stock price target?

The target price for Patrick Industries (PATK) stock is $119.13, which is 15.21% above the current price of $103.4. This is an average based on projections from 8 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Patrick Industries stock

Buy or sell Patrick Industries stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing