Patrick Industries, Inc. (PATK)
NASDAQ: PATK · Real-Time Price · USD
90.18
-2.82 (-3.03%)
Feb 21, 2025, 4:00 PM EST - Market closed
Patrick Industries Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Patrick Industries stock have an average target of 102.07, with a low estimate of 84 and a high estimate of 120. The average target predicts an increase of 13.18% from the current stock price of 90.18.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Patrick Industries stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 4 | 4 | 4 | 4 | 5 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 8 | 8 | 8 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $115 → $120 | Strong Buy | Maintains | $115 → $120 | +33.07% | Feb 10, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $98 → $102 | Strong Buy | Maintains | $98 → $102 | +13.11% | Feb 7, 2025 |
| Raymond James | Raymond James | Buy Maintains $99 → $103 | Buy | Maintains | $99 → $103 | +14.22% | Feb 7, 2025 |
| Keybanc | Keybanc | Buy Maintains $100 → $110 | Buy | Maintains | $100 → $110 | +21.98% | Feb 7, 2025 |
| Truist Securities | Truist Securities | Strong Buy Maintains $110 → $105 | Strong Buy | Maintains | $110 → $105 | +16.43% | Jan 7, 2025 |
Financial Forecast
Revenue This Year
4.02B
from 3.72B
Increased by 8.30%
Revenue Next Year
4.29B
from 4.02B
Increased by 6.51%
EPS This Year
5.35
from 4.11
Increased by 30.13%
EPS Next Year
6.37
from 5.35
Increased by 19.15%
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 4.3B | 4.6B |
| Avg | 4.0B | 4.3B |
| Low | 3.8B | 4.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 15.3% | 14.4% |
| Avg | 8.3% | 6.5% |
| Low | 3.1% | -0.5% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 5.88 | 7.14 |
| Avg | 5.35 | 6.37 |
| Low | 4.90 | 5.83 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 43.1% | 33.5% |
| Avg | 30.1% | 19.1% |
| Low | 19.2% | 9.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.