Patrick Industries Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 28/58 in the Homebuilding & Construction Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 110.30.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Patrick Industries Inc's Score
Industry at a Glance
Industry Ranking
28 / 58
Overall Ranking
138 / 4582
Industry
Homebuilding & Construction Supplies
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
10
analysts
Buy
Current Rating
110.300
Target Price
+2.43%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Patrick Industries Inc Highlights
StrengthsRisks
Patrick Industries, Inc. is a component solutions provider for the recreational vehicle (RV), marine, powersports, manufactured housing (MH) and various industrial 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; and other products. 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 29.88, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 36.91M shares, decreasing 8.86% quarter-over-quarter.
Patrick Industries, Inc. is a component solutions provider for the recreational vehicle (RV), marine, powersports, manufactured housing (MH) and various industrial 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; and other products. 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.
Ticker SymbolPATK
CompanyPatrick Industries Inc
CEONemeth (Andrew L)
Websitehttps://patrickind.com/
FAQs
What is the current price of Patrick Industries Inc (PATK)?
The current price of Patrick Industries Inc (PATK) is 110.700.
What is the symbol of Patrick Industries Inc?
The ticker symbol of Patrick Industries Inc is PATK.
What is the 52-week high of Patrick Industries Inc?
The 52-week high of Patrick Industries Inc is 116.780.
What is the 52-week low of Patrick Industries Inc?
The 52-week low of Patrick Industries Inc is 72.990.
What is the market capitalization of Patrick Industries Inc?
The market capitalization of Patrick Industries Inc is 3.68B.
What is the net income of Patrick Industries Inc?
The net income of Patrick Industries Inc is 138.40M.
Is Patrick Industries Inc (PATK) currently rated as Buy, Hold, or Sell?
According to analysts, Patrick Industries Inc (PATK) has an overall rating of Buy, with a price target of 110.300.
What is the Earnings Per Share (EPS TTM) of Patrick Industries Inc (PATK)?
The Earnings Per Share (EPS TTM) of Patrick Industries Inc (PATK) is 3.704.