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Patrick Industries ( (PATK) ) has shared an announcement.
On December 12, 2025, Patrick Industries announced the resignation of Kip B. Ellis, President of Powersports and Housing, effective immediately. Hugo E. Gonzalez, currently Executive Vice President – Operations and Chief Operating Officer, has been appointed as his successor, aligning with the company’s succession plan.
The most recent analyst rating on (PATK) stock is a Buy with a $120.00 price target. To see the full list of analyst forecasts on Patrick Industries stock, see the PATK Stock Forecast page.
Spark’s Take on PATK Stock
According to Spark, TipRanks’ AI Analyst, PATK is a Outperform.
Patrick Industries shows a stable financial performance with improved leverage, but declining profitability margins and cash flow growth are concerns. Technical indicators are favorable, suggesting positive momentum. However, the high P/E ratio indicates potential overvaluation. The earnings call and recent corporate events highlight growth opportunities and strategic initiatives, supporting a moderately positive outlook.
To see Spark’s full report on PATK stock, click here.
More about Patrick Industries
Patrick Industries, Inc. is a leading component solutions provider for the Outdoor Enthusiast and Housing markets.
Average Trading Volume: 269,710
Technical Sentiment Signal: Buy
Current Market Cap: $3.83B
Learn more about PATK stock on TipRanks’ Stock Analysis page.