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

425 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
Segment Diversification And Content GainsPatrick’s revenue mix has meaningfully shifted toward faster-growing segments. Durable double-digit Marine and Powersports growth, plus stable Housing content gains, reduce reliance on cyclical RV volumes and support recurring OEM content wins, improving revenue resilience and through-cycle cash generation.
Scale And Synergy Potential From LCI MergerThe announced all-stock combination with LCI would create a much larger, more diversified supplier (~$8.1B pro forma revenue cited) with material identified synergies. Greater scale and cost savings can strengthen margins, aftermarket reach, and cash generation over a multi-quarter integration horizon.
Investments In Manufacturing Technology And AITargeted investments in digital printing, automation and AI-enabled systems are structural enablers: they can raise content per unit, lower unit costs, speed new-product introduction, and differentiate offerings to OEMs and aftermarket, improving margin sustainability and competitive positioning.
Bears Say
Elevated LeverageLeverage near 3.0x materially constrains financial flexibility during cyclical downturns. Higher net debt limits the firm’s ability to absorb prolonged volume weakness, fund bolt-on M&A, or sustain aggressive buybacks without sacrificing liquidity or raising refinancing risk if headwinds persist.
RV End-market WeaknessRV is a large revenue component and sustained unit declines and dealer destocking reduce plant utilization and pricing leverage. Prolonged RV softness can compress consolidated margins and revenue given the segment’s scale, increasing sensitivity to housing and discretionary cycles.
Weakened Cash Flow And Elevated Working CapitalOperating cash flow plunged year-over-year as inventory builds to support composite products increased working capital. Deteriorating cash conversion and lower trailing free cash flow reduce the buffer for capex, dividends or integration costs and heighten refinancing and liquidity sensitivity.

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 $2.72B.
      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 80 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 2.19%. See more information on Patrick Industries, Inc. dividends here
              What is Patrick Industries, Inc.’s EPS estimate?
              Patrick Industries, Inc.’s EPS estimate is 1.11.
                How many shares outstanding does Patrick Industries, Inc. have?
                Patrick Industries, Inc. has 32,897,865 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

                      $104.00
                      ▲(23.08% 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 10,\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":96.943,"date":1754006400000,"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 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         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7,\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":106.463,"date":1764547200000,"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 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   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