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Patrick Industries, Inc. (PATK)

NASDAQ: PATK · Delayed Price · USD
80.36 1.17 (1.48%)
Sep 23, 2021 4:00 PM EDT - Market closed
Market Cap1.90B
Revenue (ttm)3.34B
Net Income (ttm)181.66M
Shares Out22.95M
EPS (ttm)7.82
PE Ratio10.28
Forward PEn/a
Dividend$1.09 (1.36%)
Ex-Dividend DateAug 27, 2021
Volume95,859
Open79.99
Previous Close79.19
Day's Range78.29 - 81.57
52-Week Range50.62 - 98.18
Beta2.43
AnalystsStrong Buy
Price Target113.25 (+40.9%)
Est. Earnings DateOct 28, 2021

About PATK

Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States and Canada. Its Manufacturing segment manufactures and sells furniture, shelving, wall, countertop, and cabinet product; cabinet door, fiberglass bath fixture, and tile system; hardwood furniture, vinyl printing, solid surface, granite, and quartz countertop fabrication aluminum product; RV painting; decorative vinyl and paper laminated panel; f...

IndustryBuilding Products
Founded1959
CEOAndrew Nemeth
Employees10,000
Stock ExchangeNASDAQ
Ticker SymbolPATK
Full Company Profile

Financial Performance

In 2020, PATK's revenue was $2.49 billion, an increase of 6.40% compared to the previous year's $2.34 billion. Earnings were $97.06 million, an increase of 8.37%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for PATK stock is "Strong Buy." The 12-month stock price forecast is 113.25, which is an increase of 40.93% from the latest price.

Price Target
$113.25
(40.93% upside)
Analyst Consensus: Strong Buy

News

Patrick Industries (PATK) Outpaces Stock Market Gains: What You Should Know

Patrick Industries (PATK) closed the most recent trading day at $80.47, moving +1.71% from the previous trading session.

1 week ago - Zacks Investment Research

RVs Form the Latest Travel Trend: 5 Stock Picks

RV sales continue to rise with extended outdoor travel. This calls for investing in Cavco Industries (CVCO), Patrick Industries (PATK), Skyline Champion (SKY), LCI Industries (LCII) & Winnebago (WGO).

Other symbols:CVCOLCIISKYWGO
1 week ago - Zacks Investment Research

Patrick (PATK) Acquires Tumacs, Boosts Marine Products

Patrick Industries (PATK) acquires Tumacs Covers, thereby enhancing its marine line of products.

3 weeks ago - Zacks Investment Research

Patrick Industries, Inc. Completes Acquisition of Tumacs Covers

ELKHART, Ind., Aug. 30, 2021 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") announced today that it has completed the acquisition of Tumacs Covers ("Tumacs"), a lea...

3 weeks ago - PRNewsWire

Patrick Industries (PATK) Just Overtook the 20-Day Moving Average

Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?

4 weeks ago - Zacks Investment Research

4 Stocks to Make the Most of a Sustained Demand for RVs

Invest in stocks like Skyline Champion (SKY), Patrick Industries (PATK), Cavco Industries (CVCO) and Winnebago Industries (WGO) as demand for RVs in the United States continues to rise.

Other symbols:CVCOSKYWGO
4 weeks ago - Zacks Investment Research

Is Patrick Industries (PATK) Outperforming Other Construction Stocks This Year?

Is (PATK) Outperforming Other Construction Stocks This Year?

1 month ago - Zacks Investment Research

Patrick Industries Boosts Buyback Authorization To $50M, Declares Dividend

Patrick Industries Inc's (NASDAQ: PATK) board of directors has authorized an increase in the share repurchase program to $50.0 million, including the $14.4 million remaining under the previous authoriza...

1 month ago - Benzinga

Patrick Industries, Inc. Announces Declaration of Quarterly Cash Dividend and Increased Share Repurchase Authorization

ELKHART, Ind., Aug. 13, 2021 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) (the "Company") announced that on August 12, 2021, its Board of Directors (the "Board") declared a quarterly cash div...

1 month ago - PRNewsWire

Why Patrick Industries (PATK) Might be Well Poised for a Surge

Patrick Industries (PATK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

1 month ago - Zacks Investment Research

Patrick Industries, Inc. Completes Acquisition of Coyote Mfg. Co.

ELKHART, Ind., Aug. 9, 2021 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") announced today that it has completed the acquisition of Nashville, Georgia-based Coyote ...

1 month ago - PRNewsWire

This Overlooked Segment of the Construction Sector Is Going Great Guns

With summer travel around the corner, RVs are a great place to park your money.

Other symbols:THOWGO
1 month ago - Zacks Investment Research

Patrick Industries (PATK) Q2 Earnings and Revenues Top Estimates

Patrick Industries (PATK) delivered earnings and revenue surprises of 37.70% and 16.06%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Patrick Industries, Inc. Reports Second Quarter 2021 Financial Results

ELKHART, Ind., July 29, 2021 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK), a leading component solutions provider for the RV, marine, manufactured housing ("MH") and industrial markets today ...

1 month ago - PRNewsWire

Patrick (PATK) to Post Q2 Earnings: What's in the Offing?

Patrick's (PATK) second-quarter results are likely to benefit from strong demand in RV and marine markets.

1 month ago - Zacks Investment Research

6 Homebuilder Stocks to Avoid While the Real Estate Market Runs Hot

The housing market may be booming but that doesn't mean all homebuilders are experiencing the same types of success. The post 6 Homebuilder Stocks to Avoid While the Real Estate Market Runs Hot appeared...

Other symbols:CVCOFTDRLEGHLSEATMHC
1 month ago - InvestorPlace

Patrick Industries (PATK) Gains But Lags Market: What You Should Know

In the latest trading session, Patrick Industries (PATK) closed at $78, marking a +0.71% move from the previous day.

2 months ago - Zacks Investment Research

Patrick Industries (PATK) Reports Next Week: Wall Street Expects Earnings Growth

Patrick Industries (PATK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Patrick Industries, Inc. Announces Second Quarter 2021 Earnings Release and Conference Call Webcast on July 29, 2021

ELKHART, Ind., July 15, 2021 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK), a major manufacturer and distributor of building and component products for the recreational vehicle, marine, manufa...

2 months ago - PRNewsWire

Patrick Industries, Inc. Announces Promotion of Jeffrey M. Rodino to President

ELKHART, Ind., July 13, 2021 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") announced today that Jeffrey M.

2 months ago - PRNewsWire

New Strong Buy Stocks for June 25th

New Strong Buy Stocks for June 25th

Other symbols:AMDAMNFCFKFY
2 months ago - Zacks Investment Research

After Plunging 14.7% in 4 Weeks, Here's Why the Trend Might Reverse for Patrick Industries (PATK)

Patrick Industries (PATK) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings es...

3 months ago - Zacks Investment Research

4 RV Stocks to Gain as Americans Continue to Hit the Road

Invest in the likes of Skyline Champion (SKY), Thor Industries (THO), Winnebago Industries (WGO) and Patrick Industries (PATK) as Americans continue to adopt RVs for traveling conveniently.

Other symbols:SKYTHOWGO
3 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for June 18th

Top Ranked Value Stocks to Buy for June 18th

Other symbols:FISIGGALGLOP
3 months ago - Zacks Investment Research

New Strong Buy Stocks for June 16th

New Strong Buy Stocks for June 16th

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3 months ago - Zacks Investment Research