Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Patrick Industries ( (PATK) ) just unveiled an update.
In the second quarter of 2025, Patrick Industries reported a 3% increase in net sales to $1.05 billion, driven by growth in its RV and Housing businesses, despite declines in Marine and Powersports sectors. The company achieved a 2% rise in operating income to $87 million, with a flat operating margin of 8.3%. Adjusted net income was $51 million, excluding one-time legal settlement expenses, and adjusted diluted EPS rose to $1.50. Patrick Industries maintained strong cash flows, with $189 million provided by operating activities year-to-date, and returned $36.5 million to shareholders. The company is strategically positioned to capitalize on market opportunities and plans to focus on strategic acquisitions in the latter half of 2025.
The most recent analyst rating on (PATK) stock is a Buy with a $85.32 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’ overall stock score of 71 reflects solid financial health and strong technical momentum. The company’s strategic initiatives and robust cash flow generation provide a stable foundation, despite challenges from macroeconomic uncertainties and slowing revenue growth. The valuation is fair, and the earnings call suggests cautious optimism, with strategic measures in place to address market challenges.
To see Spark’s full report on PATK stock, click here.
More about Patrick Industries
Patrick Industries, Inc. is a leading component solutions provider serving the RV, Marine, Powersports, and Housing markets. Established in 1959, the company is known for its customer-focused approach that integrates design, manufacturing, distribution, and transportation. Headquartered in Elkhart, IN, Patrick Industries employs approximately 10,000 skilled team members across the United States.
Average Trading Volume: 304,514
Technical Sentiment Signal: Buy
Current Market Cap: $3.39B
Find detailed analytics on PATK stock on TipRanks’ Stock Analysis page.