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Patrick Industries Inc is a recreational vehicles business based in the US. Patrick Industries shares (PATK) are listed on the NASDAQ and all prices are listed in US Dollars. Patrick Industries employs 10,000 staff and has a trailing 12-month revenue of around 0.00.
|Latest market close||$82.06|
|52-week range||$52.54 - $98.18|
|50-day moving average||$82.56|
|200-day moving average||$83.27|
|Wall St. target price||$113.25|
|Dividend yield||$1.09 (1.3%)|
|Earnings per share (TTM)||$7.82|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-10-14)||-2.25%|
|1 month (2021-09-21)||5.61%|
|3 months (2021-07-21)||6.02%|
|6 months (2021-04-21)||-8.19%|
|1 year (2020-10-21)||39.75%|
|2 years (2019-10-21)||82.40%|
|3 years (2018-10-19)||62.40%|
|5 years (2016-10-21)||34.19%|
Valuing Patrick Industries stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Patrick Industries's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Patrick Industries's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Patrick Industries shares trade at around 10x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Patrick Industries's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.88. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Patrick Industries's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Patrick Industries's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $370.8 million.
The EBITDA is a measure of a Patrick Industries's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$3.3 billion|
|Operating margin TTM||8.48%|
|Gross profit TTM||$459 million|
|Return on assets TTM||9.53%|
|Return on equity TTM||31.97%|
|Market capitalisation||$1.9 billion|
TTM: trailing 12 months
There are currently 666,754 Patrick Industries shares held short by investors – that's known as Patrick Industries's "short interest". This figure is 3.3% up from 645,162 last month.
There are a few different ways that this level of interest in shorting Patrick Industries shares can be evaluated.
Patrick Industries's "short interest ratio" (SIR) is the quantity of Patrick Industries shares currently shorted divided by the average quantity of Patrick Industries shares traded daily (recently around 118428.77442274). Patrick Industries's SIR currently stands at 5.63. In other words for every 100,000 Patrick Industries shares traded daily on the market, roughly 5630 shares are currently held short.
However Patrick Industries's short interest can also be evaluated against the total number of Patrick Industries shares, or, against the total number of tradable Patrick Industries shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Patrick Industries's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Patrick Industries shares in existence, roughly 30 shares are currently held short) or 0.0297% of the tradable shares (for every 100,000 tradable Patrick Industries shares, roughly 30 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Patrick Industries.
Find out more about how you can short Patrick Industries stock.
Dividend payout ratio: 14.32% of net profits
Recently Patrick Industries has paid out, on average, around 14.32% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.37% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Patrick Industries shareholders could enjoy a 1.37% return on their shares, in the form of dividend payments. In Patrick Industries's case, that would currently equate to about $1.09 per share.
While Patrick Industries's payout ratio might seem low, this can signify that Patrick Industries is investing more in its future growth.
Patrick Industries's most recent dividend payout was on 12 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 26 August 2021 (the "ex-dividend date").
Patrick Industries's shares were split on a 3:2 basis on 10 December 2017. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Patrick Industries shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Patrick Industries shares which in turn could have impacted Patrick Industries's share price.
Over the last 12 months, Patrick Industries's shares have ranged in value from as little as $52.5395 up to $98.1827. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Patrick Industries's is 2.3524. This would suggest that Patrick Industries's shares are significantly more volatile than the average for this exchange and represent a higher risk.
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; fiberglass and plastic component; softwoods lumber; custom cabinet; polymer-based flooring product; marine hardware; air handling; and electrical system and component, including instrument and dash panel, and other product. This segment also provides wrapped vinyl, paper, and hardwood profile moulding; interior passage door; slide-out trim and fascia product; thermoformed shower surround; specialty bath and closet building product; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and component; wiring and wire harnesses; aluminum and plastic fuel tank; boat cover, tower, top, and frame; CNC molds and composite part; and slotwall panel and component. The company's Distribution segment distributes pre-finished wall and ceiling panel, drywall and finishing product, electronic, audio system component, appliance, wiring product, electrical and plumbing product, cement siding product, raw and processed lumber, fiber reinforced polyester product, roofing, laminate and ceramic flooring product, shower door, furniture, fireplace and surround, interior and exterior lighting product, and other product. This segment also offers transportation and logistics service. The company was founded in 1959 and is headquartered in Elkhart, Indiana.
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