Patrick Industries, Inc [PATK] stock prices are down -0.19% to $101.1 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PATK shares have gain 1.59% over the last week, with a monthly amount glided 9.57%, and 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.
The stock price of Patrick Industries, Inc [PATK] has been fluctuating between $72.99 and $102.83 over the past year. Currently, Wall Street analysts expect the stock to reach $84 within the next 12 months. Patrick Industries, Inc [NASDAQ: PATK] shares were valued at $101.1 at the most recent close of the market. An investor can expect a potential drop of -16.91% based on the average PATK price forecast.
Analyzing the PATK fundamentals
The Patrick Industries, Inc [NASDAQ:PATK] reported sales of 3.79B for trailing twelve months, representing a surge of 7.49%. Gross Profit Margin for this corporation currently stands at 0.23% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.43.
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 99.72 points at the first support level, and at 98.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 102.87, and for the 2nd resistance point, it is at 104.63.
Ratios To Look Out For
It’s worth pointing out that Patrick Industries, Inc [NASDAQ:PATK]’s Current Ratio is 2.41. As well, the Quick Ratio is 1.04, while the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 0.89, the price to book ratio is 2.97 and price to earnings (TTM) ratio is 24.20.
Transactions by insiders
Recent insider trading involved Forbes John A, Director, that happened on Jun 13 ’25 when 2875.0 shares were sold. Director, John A Forbes completed a deal on Jun 13 ’25 to buy 2875.0 shares. Meanwhile, Director Cleveland Todd M bought 2000.0 shares on Jun 02 ’25.
