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Patrick Industries, Inc. (PATK)
NASDAQ:PATK
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Patrick Industries (PATK) Price & Analysis

423 Followers

PATK Stock Chart & Stats

$84.50
$0.25(0.30%)
At close: 4:00 PM EDT
$84.50
$0.25(0.30%)

Bulls Say, Bears Say

Bulls Say
Diversified End-market Growth And Higher Content Per UnitStronger growth in Marine and Powersports alongside rising content per unit in RV and Housing shows durable portfolio diversification and pricing/content capture. Higher CPU boosts revenue and margin resilience per unit, reducing reliance on cyclical RV volumes over months.
Consistent Cash Generation With Positive Free Cash FlowPositive operating and free cash flow provide durable funding for capex, dividends, buybacks and M&A. Even with weaker momentum, multi-hundred-million OCF capacity supports strategic investments and liquidity buffers that sustain operations through a 2–6 month horizon.
Strategic M&A To Substantially Increase Scale And SynergiesCombining with LCI is a structural move that materially expands scale, aftermarket reach and cost efficiency. Identified run‑rate synergies and larger pro‑forma EBITDA should sustainably improve cash generation and competitive position once approvals and integration are completed.
Bears Say
Elevated Leverage And Sizable Absolute DebtNet leverage near 3x and sizable debt reduce financial flexibility and increase sensitivity to cyclical downturns. Higher leverage constrains ability to absorb prolonged revenue weakness, raises refinancing and interest risk, and can limit capital allocation optionality over coming quarters.
Significant RV End‑market WeaknessMaterial declines in RV volumes directly hit a core revenue stream and plant utilization. Because RV remains a substantial segment, prolonged wholesale and retail weakness will pressure top-line, operating leverage and margins for several quarters unless offset by other segments.
Weakened Operating Cash Flow And Elevated Working CapitalSharp drop in H1 OCF and higher inventory tie up liquidity and reduce free cash flow conversion. Elevated working capital can compress near‑term cash generation, limit reinvestment or debt paydown, and increase risk if end‑market demand remains soft over months.

Patrick Industries News

PATK FAQ

What was Patrick Industries, Inc.’s price range in the past 12 months?
Patrick Industries, Inc. lowest stock price was $81.29 and its highest was $148.50 in the past 12 months.
    What is Patrick Industries, Inc.’s market cap?
    Patrick Industries, Inc.’s market cap is $2.68B.
      When is Patrick Industries, Inc.’s upcoming earnings report date?
      Patrick Industries, Inc.’s upcoming earnings report date is Oct 22, 2026 which is in 59 days.
        How were Patrick Industries, Inc.’s earnings last quarter?
        Patrick Industries, Inc. released its earnings results on Jul 30, 2026. The company reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.236 by $0.054.
          Is Patrick Industries, Inc. overvalued?
          According to Wall Street analysts Patrick Industries, Inc.’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Patrick Industries, Inc. pay dividends?
            Patrick Industries, Inc. pays a Quarterly dividend of $0.47 which represents an annual dividend yield of 2.25%. See more information on Patrick Industries, Inc. dividends here
              What is Patrick Industries, Inc.’s EPS estimate?
              Patrick Industries, Inc.’s EPS estimate is 1.09.
                How many shares outstanding does Patrick Industries, Inc. have?
                Patrick Industries, Inc. has 32,118,263 shares outstanding.
                  What happened to Patrick Industries, Inc.’s price movement after its last earnings report?
                  Patrick Industries, Inc. reported an EPS of $1.29 in its last earnings report, beating expectations of $1.236. Following the earnings report the stock price went down -3.025%.
                    Which hedge fund is a major shareholder of Patrick Industries, Inc.?
                    Currently, no hedge funds are holding shares in PATK
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Patrick Industries, Inc.

                      Patrick Industries, Inc. serves as a primary provider of essential components, construction products, and various materials to key sectors such as the recreational vehicle (RV), marine, manufactured housing, and industrial markets. The company's operational footprint covers the United States, China, and Canada, executed through its distinct Manufacturing and Distribution divisions. Within its Manufacturing segment, the company produces a comprehensive range of specialized parts and finished goods. This includes numerous interior furnishings like furniture, shelving, wall panels, various countertop options (including solid surface, granite, and quartz fabrications), bespoke cabinetry, and cabinet doors. Patrick Industries also fabricates fiberglass bath fixtures, tile systems, decorative laminated panels, and polymer-based flooring. Tailored for the marine and RV industries, it manufactures aluminum and plastic goods, fiberglass and plastic components, dash panels, and offers RV painting services. Acoustic products such as amplifiers, tower speakers, soundbars, and subwoofers are also part of its production capabilities. Additionally, this division supplies wrapped profile mouldings, interior passage doors, air handling systems, slide-out trim and fascia, various types of plywood, fiberglass and plastic helm systems, boat covers, adhesives, sealants, thermoformed shower surrounds, specialty bath and closet items, wiring harnesses, fuel tanks, CNC molds, composite parts, marine hardware, and slotwall panels. The company's Distribution division focuses on supplying a broad assortment of finished goods and raw materials. Its offerings include pre-finished wall and ceiling panels, drywall and finishing products, and a variety of electronic and audio system components. This segment also distributes major appliances, marine accessories, diverse wiring products, and crucial electrical and plumbing fixtures. Building materials such as fiber reinforced polyester and cement siding, along with raw and processed lumber, are also provided. Furthermore, the division handles various flooring types (including interior passage, roofing, laminate, and ceramic), shower doors, furniture, fireplaces with surrounds, and both interior and exterior lighting solutions. Beyond product supply, this division also delivers comprehensive transportation and logistics services. Established in 1959, Patrick Industries, Inc. is headquartered in Elkhart, Indiana.

                      Patrick Industries (PATK) Earnings & Revenues

                      PATK Company Deck

                      PATK Earnings Call

                      Q2 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call presents a cautiously optimistic outlook. Company-level results show resilience driven by strategic diversification: strong double-digit growth in Marine (+22%) and Powersports (+28%), modest Housing growth (+2%), technology and AI investments, a sizable M&A synergy opportunity (~$150M), and solid liquidity ($691M). Counterbalancing these positives are meaningful RV end-market weakness (RV revenue -15%, wholesale shipments -16%), a significant decline in H1 operating cash flow (from $189M to $69M), elevated inventory/working capital, modest margin deterioration (adjusted operating margin down ~80 bps YoY) and near-term margin risk (~20 bps) from affordability programs. Overall, the positives around diversification, technology, M&A and balance-sheet flexibility outweigh the near-term operational and cash-flow headwinds but management emphasizes caution and discipline.View all PATK earnings summaries

                      PATK Stock 12 Month Forecast

                      Average Price Target

                      $105.88
                      ▲(25.30% Upside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 8,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":110.981,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":102.15,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n          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8,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":108.057,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":126.284,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 12,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n  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                      Ownership Overview

                      4.18%48.15%18.27%3.96%
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