Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, Patrick Industries, Inc (NASDAQ: PATK) closed at $89.66 up 1.79% from its previous closing price of $88.08. In other words, the price has increased by $1.79 from its previous closing price. On the day, 0.3 million shares were traded. PATK stock price reached its highest trading level at $90.67 during the session, while it also had its lowest trading level at $88.085.
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 34.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.92. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 2.41. In the meantime, Its Debt-to-Equity ratio is 1.43 whereas as Long-Term Debt/Eq ratio is at 1.38.
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 Jun 13 ’25 when Forbes John A sold 2,875 shares for $91.62 per share. The transaction valued at 263,408 led to the insider holds 52,591 shares of the business.
John A Forbes bought 2,875 shares of PATK for $267,500 on Jun 13 ’25. On Jun 02 ’25, another insider, Cleveland Todd M, who serves as the Director of the company, bought 2,000 shares for $82.55 each. As a result, the insider paid 165,100 and bolstered with 132,286 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PATK now has a Market Capitalization of 2997091840 and an Enterprise Value of 4542439936. As of this moment, Patrick’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.47, and their Forward P/E ratio for the next fiscal year is 16.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 2.63. Its current Enterprise Value per Revenue stands at 1.2 whereas that against EBITDA is 10.488.
Stock Price History:
The Beta on a monthly basis for PATK is 1.20, which has changed by 0.25797403 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, PATK has reached a high of $98.90, while it has fallen to a 52-week low of $69.44. The 50-Day Moving Average of the stock is 6.12%, while the 200-Day Moving Average is calculated to be 1.70%.
Shares Statistics:
For the past three months, PATK has traded an average of 365.56K shares per day and 327860 over the past ten days. A total of 33.53M shares are outstanding, with a floating share count of 31.95M. Insiders hold about 4.41% of the company’s shares, while institutions hold 107.59% stake in the company. Shares short for PATK as of 1748563200 were 3218246 with a Short Ratio of 8.80, compared to 1745971200 on 3315874. Therefore, it implies a Short% of Shares Outstanding of 3218246 and a Short% of Float of 13.98.
Dividends & Splits
According to the company, the forward annual dividend rate for PATK is 1.57, from 1.533 in the trailing year. Against a Trailing Annual Dividend Yield of 0.01740463The stock’s 5-year Average Dividend Yield is 1.85. The current Payout Ratio is 36.52% for PATK, which recently paid a dividend on 2025-05-27 with an ex-dividend date of 1748304000. Stock splits for the company last occurred on 2024-12-16 when the company split stock in a 3:2 ratio.
Earnings Estimates
Currently, 7.0 analysts are dedicated to thoroughly evaluating and rating the performance of Patrick Industries, Inc (PATK) in the stock market.The consensus estimate for the next quarter is $0.91, with high estimates of $1.1 and low estimates of $0.74.
Analysts are recommending an EPS of between $4.3 and $4.07 for the fiscal current year, implying an average EPS of $4.18. EPS for the following year is $5.43, with 7.0 analysts recommending between $5.75 and $5.0.
Revenue Estimates
A total of 9 analysts believe the company’s revenue will be $1.03B this quarter.It ranges from a high estimate of $1.06B to a low estimate of $991.3M. As of the current estimate, Patrick Industries, Inc’s year-ago sales were $1.02BFor the next quarter, 9 analysts are estimating revenue of $879.41M. There is a high estimate of $936.6M for the next quarter, whereas the lowest estimate is $845.08M.
A total of 9 analysts have provided revenue estimates for PATK’s current fiscal year. The highest revenue estimate was $3.85B, while the lowest revenue estimate was $3.67B, resulting in an average revenue estimate of $3.75B. In the same quarter a year ago, actual revenue was $3.72BBased on 9 analysts’ estimates, the company’s revenue will be $3.99B in the next fiscal year. The high estimate is $4.17B and the low estimate is $3.84B.