PATK Stock Overview
Manufactures and distributes component products and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
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Patrick Industries, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$82.89 |
| 52 Week High | US$98.90 |
| 52 Week Low | US$60.67 |
| Beta | 1.62 |
| 1 Month Change | -8.21% |
| 3 Month Change | -12.88% |
| 1 Year Change | 24.66% |
| 3 Year Change | 57.51% |
| 5 Year Change | 136.74% |
| Change since IPO | 9,688.01% |
Recent News & Updates
Recent updates
Patrick Industries' (NASDAQ:PATK) Dividend Will Be Increased To $0.60
Nov 21
Earnings Update: Patrick Industries, Inc. (NASDAQ:PATK) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
Nov 03Should You Investigate Patrick Industries, Inc. (NASDAQ:PATK) At US$146?
Oct 18Patrick Industries, Inc. (NASDAQ:PATK) Investors Are Less Pessimistic Than Expected
Oct 03Patrick Industries (NASDAQ:PATK) Takes On Some Risk With Its Use Of Debt
Sep 09Patrick Industries: With Key Markets Stabilizing, Shares Deserve More Upside
Jul 29Why Patrick Industries, Inc. (NASDAQ:PATK) Could Be Worth Watching
Jul 12Some May Be Optimistic About Patrick Industries' (NASDAQ:PATK) Earnings
May 22Patrick Industries, Inc.'s (NASDAQ:PATK) CEO Compensation Looks Acceptable To Us And Here's Why
May 10Patrick Industries: An Acquisitions Masterclass For Long-Term Growth
May 04Market Still Lacking Some Conviction On Patrick Industries, Inc. (NASDAQ:PATK)
Apr 24Patrick Industries: Expectations Run A Bit Hot After Its Biggest M&A Deal
Mar 12Are Investors Undervaluing Patrick Industries, Inc. (NASDAQ:PATK) By 32%?
Feb 26Patrick Industries (NASDAQ:PATK) Is Due To Pay A Dividend Of $0.55
Feb 11Patrick Industries, Inc. (NASDAQ:PATK) Might Not Be As Mispriced As It Looks
Jan 23Is Now The Time To Look At Buying Patrick Industries, Inc. (NASDAQ:PATK)?
Jan 04Patrick Industries (NASDAQ:PATK) Will Want To Turn Around Its Return Trends
Dec 19We Think Patrick Industries (NASDAQ:PATK) Is Taking Some Risk With Its Debt
Dec 06Patrick Industries (NASDAQ:PATK) Is Increasing Its Dividend To $0.55
Nov 19What Does Patrick Industries, Inc.'s (NASDAQ:PATK) Share Price Indicate?
Sep 25Capital Allocation Trends At Patrick Industries (NASDAQ:PATK) Aren't Ideal
Aug 16These 4 Measures Indicate That Patrick Industries (NASDAQ:PATK) Is Using Debt Extensively
Jul 29Is Patrick Industries, Inc. (NASDAQ:PATK) Potentially Undervalued?
Jun 11Patrick Industries (NASDAQ:PATK) Has Some Way To Go To Become A Multi-Bagger
May 18Patrick Industries, Inc. (NASDAQ:PATK) Shares Could Be 22% Below Their Intrinsic Value Estimate
Apr 27At US$71.26, Is Patrick Industries, Inc. (NASDAQ:PATK) Worth Looking At Closely?
Mar 10Is Patrick Industries (NASDAQ:PATK) A Risky Investment?
Feb 22Shareholder Returns
| PATK | US Auto Components | US Market | |
|---|---|---|---|
| 7D | -7.6% | -4.4% | -2.4% |
| 1Y | 24.7% | -29.6% | 23.3% |
Return vs Industry: PATK exceeded the US Auto Components industry which returned -29.6% over the past year.
Return vs Market: PATK exceeded the US Market which returned 23.3% over the past year.
Price Volatility
| PATK volatility | |
|---|---|
| PATK Average Weekly Movement | 5.6% |
| Auto Components Industry Average Movement | 7.1% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: PATK has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: PATK's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1959 | 10,000 | Andy Nemeth | ir.patrickind.com |
Patrick Industries, Inc. manufactures and distributes component products and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada. Its Manufacturing segment manufactures and sells laminated products for furniture, shelving, wall, countertop, and cabinet products; cabinet doors, fiberglass bath fixtures, and tile systems; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum products; fiberglass and plastic components; RV paintings; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinets; polymer-based flooring products; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile mouldings; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat towers, tops, trailers, and frames; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite parts, marine hardware; slotwall panels, components; and other products.
Patrick Industries, Inc. Fundamentals Summary
| PATK fundamental statistics | |
|---|---|
| Market cap | US$2.79b |
| Earnings (TTM) | US$154.66m |
| Revenue (TTM) | US$3.65b |
18.0x
P/E Ratio0.8x
P/S RatioIs PATK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PATK income statement (TTM) | |
|---|---|
| Revenue | US$3.65b |
| Cost of Revenue | US$2.82b |
| Gross Profit | US$827.57m |
| Other Expenses | US$672.91m |
| Earnings | US$154.66m |
Last Reported Earnings
Sep 29, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.60 |
| Gross Margin | 22.67% |
| Net Profit Margin | 4.24% |
| Debt/Equity Ratio | 123.0% |
How did PATK perform over the long term?
See historical performance and comparisonDividends
1.9%
Current Dividend Yield31%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:53 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Patrick Industries, Inc. is covered by 15 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Craig Kennison | Baird |
| Michael Albanese | Benchmark Company |
| Tristan Thomas-Martin | BMO Capital Markets Equity Research |