Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Patrick Industries, Inc (NASDAQ: PATK) closed at $77.96 down -2.20% from its previous closing price of $79.71. In other words, the price has decreased by -$2.20 from its previous closing price. On the day, 0.71 million shares were traded.
Ratios:
For a deeper understanding of Patrick Industries, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 77.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.42. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 2.33. In the meantime, Its Debt-to-Equity ratio is 1.35 whereas as Long-Term Debt/Eq ratio is at 1.30.
On October 01, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $160.
On August 29, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $145.The Benchmark Company initiated its Buy rating on August 29, 2024, with a $145 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 13 ’25 when WELCH M SCOTT bought 2,500 shares for $84.62 per share. The transaction valued at 211,562 led to the insider holds 2,961 shares of the business.
Neu Stacey L sold 2,885 shares of PATK for $246,749 on Mar 11 ’25. The EVP & CHRO now owns 18,044 shares after completing the transaction at $85.53 per share. On Mar 11 ’25, another insider, WELCH M SCOTT, who serves as the Director of the company, bought 10,000 shares for $86.22 each. As a result, the insider paid 862,215 and bolstered with 136,000 shares of the company.
Valuation Measures:
As of this moment, Patrick’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.90, and their Forward P/E ratio for the next fiscal year is 12.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 2.32.
Stock Price History:
Over the past 52 weeks, PATK has reached a high of $98.90, while it has fallen to a 52-week low of $67.72. The 50-Day Moving Average of the stock is -9.22%, while the 200-Day Moving Average is calculated to be -10.72%.
Shares Statistics:
A total of 33.57M shares are outstanding, with a floating share count of 32.10M. Insiders hold about 4.34% of the company’s shares, while institutions hold 101.32% stake in the company.
