Patrick Industries, Inc. (PATK)

Market Cap	2.93B
Revenue (ttm)	3.65B
Net Income (ttm)	154.66M
Shares Out	22.40M
EPS (ttm)	6.96
PE Ratio	18.78
Forward PE	18.21
Dividend	$2.20 (1.68%)
Ex-Dividend Date	Aug 26, 2024

Volume	194,999
Open	129.89
Previous Close	129.68
Day's Range	128.27 - 131.37
52-Week Range	80.62 - 148.35
Beta	1.62
Analysts	Strong Buy
Price Target	139.88 (+6.96%)
Earnings Date	Oct 31, 2024

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 $139.88, which is an increase of 6.96% from the latest price.

Price Target

$139.88

(6.96% upside)

Analyst Consensus: Strong Buy