Patrick Industries, Inc [PATK] stock is trading at $81.58, up 5.98%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PATK shares have gain 2.03% over the last week, with a monthly amount drifted -4.15%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Patrick Industries, Inc [NASDAQ: PATK] stock has seen the most recent analyst activity on April 04, 2025, when Robert W. Baird downgraded its rating to a Neutral but kept the price target unchanged to $96 for it. Previously, Raymond James started tracking the stock with Outperform rating on October 01, 2024, and set its price target to $160. On August 29, 2024, The Benchmark Company initiated with a Buy rating and assigned a price target of $145 on the stock. BMO Capital Markets started tracking the stock assigning a Outperform rating and suggested a price target of $105 on December 07, 2023. KeyBanc Capital Markets initiated its recommendation with a Overweight and recommended $80 as its price target on April 19, 2023. DA Davidson started tracking with a Neutral rating for this stock on August 26, 2022, and assigned it a price target of $65. In a note dated May 05, 2022, MKM Partners initiated an Buy rating and provided a target price of $93 on this stock.
Patrick Industries, Inc [PATK] stock has fluctuated between $67.72 and $98.90 over the past year. Currently, Wall Street analysts expect the stock to reach $100.5 within the next 12 months. Patrick Industries, Inc [NASDAQ: PATK] shares were valued at $81.58 at the most recent close of the market. An investor can expect a potential return of 23.19% based on the average PATK price forecast.
Analyzing the PATK fundamentals
Patrick Industries, Inc [NASDAQ:PATK] reported sales of 3.72B for the trailing twelve months, which represents a growth of 8.31%. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.13 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.18.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 78.90 points at the first support level, and at 76.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 83.96, and for the 2nd resistance point, it is at 86.34.
Ratios To Look Out For
For context, Patrick Industries, Inc’s Current Ratio is 2.33. Also, the Quick Ratio is 0.77, while the Cash Ratio stands at 0.21. Considering the valuation of this stock, the price to sales ratio is 0.74, the price to book ratio is 2.43 and price to earnings (TTM) ratio is 19.77.
Transactions by insiders
Recent insider trading involved WELCH M SCOTT, Director, that happened on Mar 13 ’25 when 2500.0 shares were purchased. EVP & CHRO, Neu Stacey L completed a deal on Mar 11 ’25 to sell 2885.0 shares. Meanwhile, Director WELCH M SCOTT bought 10000.0 shares on Mar 11 ’25.
