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PATK Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
94.690
Open
93.810
VWAP
93.68
Vol
632.95K
Mkt Cap
3.12B
Low
93.020
Amount
59.29M
EV/EBITDA(TTM)
9.83
Total Shares
33.11M
EV
4.39B
EV/OCF(TTM)
13.31
P/S(TTM)
0.83
Patrick Industries, Inc. is a component solutions provider serving the recreational vehicle (RV), marine, powersports and housing markets. Its segments include Manufacturing and Distribution. The Manufacturing includes laminated products that are utilized to produce furniture, shelving, walls, countertops and cabinet products; cabinet doors; fiberglass bath fixtures and tile systems; hardwood furniture; vinyl printing; RV and marine furniture; audio systems and accessories, including amplifiers, soundbars, and subwoofers; decorative vinyl and paper laminated panels; solid surface, granite, and quartz countertop fabrication; RV painting; softwoods lumber; custom cabinetry; polymer-based and other flooring, and electrical systems. The Distribution segment distributes pre-finished wall and ceiling panels; drywall and drywall finishing products; electronics and audio systems components; appliances; marine accessories and components; wiring, electrical, and plumbing products.
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Events Timeline

(ET)
2026-04-17
17:30:00
LCI Industries in Talks with Patrick Industries for Possible Merger
select
2026-04-17
17:10:00
Patrick Industries in Talks with LCI Industries for Potential Merger
select
2026-04-17
12:50:00
Patrick Industries in Talks to Merge with LCI Industries
select
2026-04-17
12:50:00
Patrick Industries Shares Up 4% on Tie-Up Talks with LCI Industries
select
2026-04-17
12:40:00
Patrick Industries in Talks to Combine with LCI Industries
select

News

seekingalpha
9.5
19:12 PMseekingalpha
PinnedPatrick Industries Set to Announce Q1 Earnings on April 30
  • Earnings Announcement: Patrick Industries (PATK) is set to release its Q1 2023 earnings report on April 30 before market open, with consensus EPS estimate at $1.04, reflecting a 6.3% year-over-year decline, and revenue estimate at $990.87 million, down 0.9% year-over-year.
  • Historical Performance: Over the past two years, PATK has surpassed EPS and revenue estimates 88% of the time, indicating strong market expectation management, although recent revisions show downward trends in both EPS and revenue forecasts.
  • Revision Trends: In the last three months, there have been no upward revisions for EPS estimates, with six downward adjustments, while revenue estimates also saw no upward revisions and five downward adjustments, suggesting a cautious market outlook on the company's future performance.
  • Strategic Outlook: Despite these challenges, Patrick Industries aims to improve operating margins by 70-90 basis points by 2026 while expanding its composite and aftermarket strategies, demonstrating confidence in future growth opportunities.
PRnewswire
8.5
04-17PRnewswire
Patrick Industries in Talks for Merger with LCI Industries
  • Merger Discussions Confirmed: Patrick Industries (NASDAQ:PATK) has confirmed it is in discussions with LCI Industries (NYSE:LCII) regarding a potential merger of equals, although there is no assurance that any transaction will result, which could reshape the competitive landscape in the outdoor and housing markets.
  • Market Impact Assessment: The merger discussions may influence investor confidence in both companies, particularly in light of the consolidation trends in the outdoor and housing markets, and a successful merger could enhance their market share and resource integration capabilities.
  • Company Background: Founded in 1959, Patrick Industries focuses on providing component solutions for the RV, marine, powersports, and housing markets, boasting over 85 brands and more than 10,000 employees, underscoring its leadership position in the industry.
  • Future Outlook: While no formal agreement has been reached, Patrick has stated it will remain silent until further progress is made, and this cautious approach may affect market expectations regarding its future strategy.
Newsfilter
8.5
04-17Newsfilter
Patrick Industries in Talks for Merger with LCI Industries
  • Merger Discussions Confirmed: Patrick Industries (NASDAQ:PATK) has confirmed it is in discussions with LCI Industries (NYSE:LCII) regarding a potential merger of equals, although there is no assurance that any transaction will result, which could reshape the competitive landscape in the outdoor and housing markets.
  • Market Impact Analysis: The merger discussions may influence investor perceptions of future growth potential for both companies, particularly in light of the consolidation trends in the outdoor recreation and housing markets, potentially leading to enhanced market competitiveness.
  • Company Background: Founded in 1959, Patrick Industries has become a leading component solutions provider in the RV, marine, powersports, and housing markets, boasting over 85 brands and more than 10,000 employees, showcasing significant market influence.
  • Future Outlook: While no formal agreement has been reached, Patrick Industries has indicated it will maintain transparent communication with the market, potentially updating information based on the progress of discussions, reflecting the company's emphasis on the merger's potential.
Newsfilter
8.5
04-17Newsfilter
LCI Industries in Talks for Merger with Patrick Industries
  • Merger Discussions Confirmed: LCI Industries (NYSE:LCII) has confirmed ongoing discussions with Patrick Industries, Inc. (NASDAQ:PATK) regarding a potential merger of equals, although there are no assurances that these discussions will lead to a transaction, which could reshape their positions in the outdoor recreation and transportation markets.
  • Market Leadership: Through its Lippert subsidiary, LCI Industries is a global leader in supplying engineered components, and its innovative culture and advanced manufacturing capabilities have established it as a reliable partner for both OEM and aftermarket customers, with a merger potentially enhancing its competitive edge.
  • Forward-Looking Statement Risks: The press release includes forward-looking statements indicating that the timing, terms, and completion of any transaction involve various risks and uncertainties that could lead to actual results differing materially from expectations, urging investors to exercise caution.
  • Regulatory Approval Challenges: LCI Industries emphasizes that the merger may face challenges in obtaining regulatory approvals and may not meet all conditions necessary for the transaction, which could impact the final outcome and the company's future strategic direction.
Yahoo Finance
8.5
04-17Yahoo Finance
Patrick Industries Confirms Merger Talks with LCI Industries
  • Merger Talks Confirmed: Patrick Industries (NASDAQ: PATK) has confirmed discussions with LCI Industries (NYSE: LCII) regarding a potential merger of equals, indicating a proactive stance in industry consolidation that could enhance its market competitiveness.
  • Transaction Uncertainty: While discussions are ongoing, the company has stated that there is no assurance any transaction will be finalized, reflecting the complexities and potential risks involved in the merger process, which may impact investor confidence.
  • Industry Context: As a leading component solutions provider for the outdoor and housing markets since 1959, Patrick has been dedicated to supporting manufacturers and outdoor enthusiasts, and a merger could further solidify its market position.
  • Employee Scale and Brands: Patrick employs over 10,000 people in the U.S. and is home to more than 85 well-known brands, and a merger may lead to resource integration and brand synergies, enhancing overall operational efficiency.
moomoo
8.5
04-17moomoo
PATRICK INDUSTRIES, INC. ANNOUNCES TALKS WITH LCI INDUSTRIES ABOUT POSSIBLE MERGER OF EQUALS
  • Company Confirmation: Patrick Industries, Inc. has confirmed ongoing discussions with LC Industries regarding a potential merger.
  • Industry Implications: The potential merger could have significant implications for both companies and the industries they operate in.
Wall Street analysts forecast PATK stock price to rise
6 Analyst Rating
Wall Street analysts forecast PATK stock price to rise
5 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
99.00
Averages
115.00
High
126.00
Current: 0.000
sliders
Low
99.00
Averages
115.00
High
126.00
BMO Capital
Tristan Thomas-Martin
Outperform
maintain
$155 -> $150
AI Analysis
2026-04-20
Reason
BMO Capital
Tristan Thomas-Martin
Price Target
$155 -> $150
AI Analysis
2026-04-20
maintain
Outperform
Reason
BMO Capital analyst Tristan Thomas-Martin lowered the firm's price target on Patrick Industries to $150 from $155 and keeps an Outperform rating on the shares after hosting meetings with its Investor Relations team. The management was cautious around recent macro headwinds but confident in its own internal initiatives to keep outperforming via market share/content expansion, particularly in its new end markets and the aftermarket, the analyst tells investors in a research note. BMO adds however that given the retail softness to start the year, it is lowering its industry retail and production estimates.
Roth Capital
Scott Stember
Buy
downgrade
$157 -> $140
2026-04-16
Reason
Roth Capital
Scott Stember
Price Target
$157 -> $140
2026-04-16
downgrade
Buy
Reason
Roth Capital analyst Scott Stember lowered the firm's price target on Patrick Industries to $140 from $157 and keeps a Buy rating on the shares. The firm is reducing its estimates as inclement weather and the outbreak of war with Iran have conspired to derail what was a promising start to 2026, the analyst tells investors in a research note. While both retail demand and dealer shipment activity was off mid-to-high teens through February, Roth expects that March retail will still be down year over year, though improved as weather cleared as the selling season started, the firm added.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for PATK
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Valuation Metrics

The current forward P/E ratio for Patrick Industries Inc (PATK.O) is 18.32, compared to its 5-year average forward P/E of 12.89. For a more detailed relative valuation and DCF analysis to assess Patrick Industries Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
12.89
Current PE
18.32
Overvalued PE
18.30
Undervalued PE
7.48

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
7.88
Current EV/EBITDA
10.97
Overvalued EV/EBITDA
9.85
Undervalued EV/EBITDA
5.92

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.58
Current PS
0.74
Overvalued PS
0.79
Undervalued PS
0.37

Financials

AI Analysis
Annual
Quarterly

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Whales Holding PATK

T
Tontine Management, LLC
Holding
PATK
+23.59%
3M Return
S
Silvercrest Asset Management Group LLC
Holding
PATK
+6.15%
3M Return
C
Copeland Capital Management, LLC
Holding
PATK
+5.76%
3M Return
T
Turtle Creek Asset Management Inc.
Holding
PATK
+4.94%
3M Return
A
Argent Capital Management LLC
Holding
PATK
+2.68%
3M Return
K
Kennedy Capital Management LLC
Holding
PATK
-0.02%
3M Return

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Frequently Asked Questions

What is Patrick Industries Inc (PATK) stock price today?

The current price of PATK is 93.32 USD — it has decreased -1.06

What is Patrick Industries Inc (PATK)'s business?

Patrick Industries, Inc. is a component solutions provider serving the recreational vehicle (RV), marine, powersports and housing markets. Its segments include Manufacturing and Distribution. The Manufacturing includes laminated products that are utilized to produce furniture, shelving, walls, countertops and cabinet products; cabinet doors; fiberglass bath fixtures and tile systems; hardwood furniture; vinyl printing; RV and marine furniture; audio systems and accessories, including amplifiers, soundbars, and subwoofers; decorative vinyl and paper laminated panels; solid surface, granite, and quartz countertop fabrication; RV painting; softwoods lumber; custom cabinetry; polymer-based and other flooring, and electrical systems. The Distribution segment distributes pre-finished wall and ceiling panels; drywall and drywall finishing products; electronics and audio systems components; appliances; marine accessories and components; wiring, electrical, and plumbing products.

What is the price predicton of PATK Stock?

Wall Street analysts forecast PATK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PATK is115.00 USD with a low forecast of 99.00 USD and a high forecast of 126.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Patrick Industries Inc (PATK)'s revenue for the last quarter?

Patrick Industries Inc revenue for the last quarter amounts to 924.17M USD, increased 9.22

What is Patrick Industries Inc (PATK)'s earnings per share (EPS) for the last quarter?

Patrick Industries Inc. EPS for the last quarter amounts to 0.83 USD, increased 97.62

How many employees does Patrick Industries Inc (PATK). have?

Patrick Industries Inc (PATK) has 10000 emplpoyees as of April 29 2026.

What is Patrick Industries Inc (PATK) market cap?

Today PATK has the market capitalization of 3.12B USD.