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Patrick Industries NasdaqGS:PATK Stock Report

Last Price

US$119.47

Market Cap

US$2.6b

7D

2.5%

1Y

79.0%

Updated

28 Mar, 2024

Data

Company Financials +

Patrick Industries, Inc.

NasdaqGS:PATK Stock Report

Market Cap: US$2.6b

PATK Stock Overview

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.

PATK fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance2/6
Financial Health4/6
Dividends3/6

Patrick Industries, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Patrick Industries
Historical stock prices
Current Share PriceUS$119.47
52 Week HighUS$123.58
52 Week LowUS$63.57
Beta1.72
1 Month Change2.67%
3 Month Change19.05%
1 Year Change78.98%
3 Year Change34.92%
5 Year Change156.98%
Change since IPO9,305.03%

Recent News & Updates

Patrick Industries: Expectations Run A Bit Hot After Its Biggest M&A Deal

Mar 12

Are Investors Undervaluing Patrick Industries, Inc. (NASDAQ:PATK) By 32%?

Feb 26
Are Investors Undervaluing Patrick Industries, Inc. (NASDAQ:PATK) By 32%?

Recent updates

Patrick Industries: Expectations Run A Bit Hot After Its Biggest M&A Deal

Mar 12

Are Investors Undervaluing Patrick Industries, Inc. (NASDAQ:PATK) By 32%?

Feb 26
Are Investors Undervaluing Patrick Industries, Inc. (NASDAQ:PATK) By 32%?

Patrick Industries (NASDAQ:PATK) Is Due To Pay A Dividend Of $0.55

Feb 11
Patrick Industries (NASDAQ:PATK) Is Due To Pay A Dividend Of $0.55

Patrick Industries, Inc. (NASDAQ:PATK) Might Not Be As Mispriced As It Looks

Jan 23
Patrick Industries, Inc. (NASDAQ:PATK) Might Not Be As Mispriced As It Looks

Is Now The Time To Look At Buying Patrick Industries, Inc. (NASDAQ:PATK)?

Jan 04
Is Now The Time To Look At Buying Patrick Industries, Inc. (NASDAQ:PATK)?

Patrick Industries (NASDAQ:PATK) Will Want To Turn Around Its Return Trends

Dec 19
Patrick Industries (NASDAQ:PATK) Will Want To Turn Around Its Return Trends

We Think Patrick Industries (NASDAQ:PATK) Is Taking Some Risk With Its Debt

Dec 06
We Think Patrick Industries (NASDAQ:PATK) Is Taking Some Risk With Its Debt

Patrick Industries (NASDAQ:PATK) Is Increasing Its Dividend To $0.55

Nov 19
Patrick Industries (NASDAQ:PATK) Is Increasing Its Dividend To $0.55

What Does Patrick Industries, Inc.'s (NASDAQ:PATK) Share Price Indicate?

Sep 25
What Does Patrick Industries, Inc.'s (NASDAQ:PATK) Share Price Indicate?

Capital Allocation Trends At Patrick Industries (NASDAQ:PATK) Aren't Ideal

Aug 16
Capital Allocation Trends At Patrick Industries (NASDAQ:PATK) Aren't Ideal

These 4 Measures Indicate That Patrick Industries (NASDAQ:PATK) Is Using Debt Extensively

Jul 29
These 4 Measures Indicate That Patrick Industries (NASDAQ:PATK) Is Using Debt Extensively

Is Patrick Industries, Inc. (NASDAQ:PATK) Potentially Undervalued?

Jun 11
Is Patrick Industries, Inc. (NASDAQ:PATK) Potentially Undervalued?

Patrick Industries (NASDAQ:PATK) Has Some Way To Go To Become A Multi-Bagger

May 18
Patrick Industries (NASDAQ:PATK) Has Some Way To Go To Become A Multi-Bagger

Patrick Industries, Inc. (NASDAQ:PATK) Shares Could Be 22% Below Their Intrinsic Value Estimate

Apr 27
Patrick Industries, Inc. (NASDAQ:PATK) Shares Could Be 22% Below Their Intrinsic Value Estimate

At US$71.26, Is Patrick Industries, Inc. (NASDAQ:PATK) Worth Looking At Closely?

Mar 10
At US$71.26, Is Patrick Industries, Inc. (NASDAQ:PATK) Worth Looking At Closely?

Is Patrick Industries (NASDAQ:PATK) A Risky Investment?

Feb 22
Is Patrick Industries (NASDAQ:PATK) A Risky Investment?

Is There An Opportunity With Patrick Industries, Inc.'s (NASDAQ:PATK) 32% Undervaluation?

Jan 25
Is There An Opportunity With Patrick Industries, Inc.'s (NASDAQ:PATK) 32% Undervaluation?

Patrick Industries (NASDAQ:PATK) Might Become A Compounding Machine

Jan 09
Patrick Industries (NASDAQ:PATK) Might Become A Compounding Machine

Is Now An Opportune Moment To Examine Patrick Industries, Inc. (NASDAQ:PATK)?

Dec 04
Is Now An Opportune Moment To Examine Patrick Industries, Inc. (NASDAQ:PATK)?

Is Patrick Industries (NASDAQ:PATK) A Risky Investment?

Nov 11
Is Patrick Industries (NASDAQ:PATK) A Risky Investment?

If EPS Growth Is Important To You, Patrick Industries (NASDAQ:PATK) Presents An Opportunity

Oct 05
If EPS Growth Is Important To You, Patrick Industries (NASDAQ:PATK) Presents An Opportunity

Capital Investments At Patrick Industries (NASDAQ:PATK) Point To A Promising Future

Sep 20
Capital Investments At Patrick Industries (NASDAQ:PATK) Point To A Promising Future

Why Patrick Industries, Inc. (NASDAQ:PATK) Could Be Worth Watching

Sep 05
Why Patrick Industries, Inc. (NASDAQ:PATK) Could Be Worth Watching

Patrick Industries expands credit facility to $925M

Aug 15

Is Patrick Industries (NASDAQ:PATK) Using Too Much Debt?

Aug 05
Is Patrick Industries (NASDAQ:PATK) Using Too Much Debt?

Patrick Q2 2022 Earnings Preview

Jul 27

Is Now The Time To Put Patrick Industries (NASDAQ:PATK) On Your Watchlist?

Jun 20
Is Now The Time To Put Patrick Industries (NASDAQ:PATK) On Your Watchlist?

Patrick Industries (NASDAQ:PATK) Has More To Do To Multiply In Value Going Forward

Jun 07
Patrick Industries (NASDAQ:PATK) Has More To Do To Multiply In Value Going Forward

Is It Too Late To Consider Buying Patrick Industries, Inc. (NASDAQ:PATK)?

May 22
Is It Too Late To Consider Buying Patrick Industries, Inc. (NASDAQ:PATK)?

Sell Patrick Industries

May 09

Shareholder Returns

PATKUS Auto ComponentsUS Market
7D2.5%-1.4%0.2%
1Y79.0%-11.2%28.1%

Return vs Industry: PATK exceeded the US Auto Components industry which returned -10.9% over the past year.

Return vs Market: PATK exceeded the US Market which returned 28.8% over the past year.

Price Volatility

Is PATK's price volatile compared to industry and market?
PATK volatility
PATK Average Weekly Movement4.0%
Auto Components Industry Average Movement5.9%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: PATK has not had significant price volatility in the past 3 months.

Volatility Over Time: PATK's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195910,000Andy Nemethhttps://www.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

How do Patrick Industries's earnings and revenue compare to its market cap?
PATK fundamental statistics
Market capUS$2.64b
Earnings (TTM)US$142.90m
Revenue (TTM)US$3.47b

18.7x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PATK income statement (TTM)
RevenueUS$3.47b
Cost of RevenueUS$2.69b
Gross ProfitUS$782.23m
Other ExpensesUS$639.34m
EarningsUS$142.90m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)6.38
Gross Margin22.56%
Net Profit Margin4.12%
Debt/Equity Ratio98.1%

How did PATK perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

29%

Payout Ratio
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