The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Score
Industry at a Glance
Industry Ranking
26 / 56
Overall Ranking
160 / 4724
Industry
Homebuilding & Construction Supplies
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
8
analysts
Buy
Current Rating
108.375
Target Price
-1.81%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Company Highlights
StrengthsRisks
Patrick Industries, Inc. is a component solutions provider serving the recreational vehicle (RV), marine, powersports and housing markets. Its Manufacturing segment includes laminated products that are utilized to produce furniture, shelving, walls, countertops and cabinet products; cabinet doors; fiberglass bath fixtures and tile systems; hardwood furniture; vinyl printing; RV and marine furniture; audio systems and accessories, including amplifiers, tower speakers, soundbars, and subwoofers; and other products. Its Distribution segment includes the distribution of pre-finished wall and ceiling panels; drywall and drywall finishing products; electronics and audio systems components; appliances; marine accessories and components; wiring, electrical and plumbing products; and others. It also operates RecPro, which is an e-commerce business and aftermarket platform specializing in creating and marketing component products, systems, and solutions for the RV and marine end markets.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 36.30%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 36.30%.
Overvalued
The company’s latest PE is 28.54, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 38.62M shares, increasing 0.58% quarter-over-quarter.
Patrick Industries, Inc. is a component solutions provider serving the recreational vehicle (RV), marine, powersports and housing markets. Its Manufacturing segment includes laminated products that are utilized to produce furniture, shelving, walls, countertops and cabinet products; cabinet doors; fiberglass bath fixtures and tile systems; hardwood furniture; vinyl printing; RV and marine furniture; audio systems and accessories, including amplifiers, tower speakers, soundbars, and subwoofers; and other products. Its Distribution segment includes the distribution of pre-finished wall and ceiling panels; drywall and drywall finishing products; electronics and audio systems components; appliances; marine accessories and components; wiring, electrical and plumbing products; and others. It also operates RecPro, which is an e-commerce business and aftermarket platform specializing in creating and marketing component products, systems, and solutions for the RV and marine end markets.