Patrick Industries, Inc. (PATK)

Market Cap	2.79B
Revenue (ttm)	3.65B
Net Income (ttm)	154.66M
Shares Out	33.60M
EPS (ttm)	4.64
PE Ratio	17.86
Forward PE	17.49
Dividend	$2.17 (2.61%)
Ex-Dividend Date	Dec 16, 2024

Volume	2,024,721
Open	82.83
Previous Close	83.52
Day's Range	82.22 - 84.67
52-Week Range	60.67 - 98.90
Beta	1.62
Analysts	Strong Buy
Price Target	93.25 (+12.5%)
Earnings Date	Feb 6, 2025

About PATK

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 fa...

• Industry: Furnishings, Fixtures & Appliances
• Sector: Consumer Discretionary
• Founded: 1959
• Employees: 10,000
• Stock Exchange: NASDAQ
• Ticker Symbol: PATK
• Website: https://ir.patrickind.com

Financial Performance

In 2023, Patrick Industries's revenue was $3.47 billion, a decrease of -28.96% compared to the previous year's $4.88 billion. Earnings were $142.90 million, a decrease of -56.46%.

Analyst Forecast

According to 8 analysts, the average rating for PATK stock is "Strong Buy." The 12-month stock price forecast is $93.25, which is an increase of 12.50% from the latest price.

Price Target

$93.25

(12.50% upside)

Analyst Consensus: Strong Buy