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1 Comment
Patrick Industries, Inc is currently in a long term downtrend where the price is trading 4.9% below its 200 day moving average.
From a valuation standpoint, the stock is 99.1% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 0.8.
Patrick Industries, Inc's total revenue rose by 40.6% to $773M since the same quarter in the previous year.
Its net income has increased by 89.3% to $38M since the same quarter in the previous year.
Finally, its free cash flow fell by 42.3% to $37M since the same quarter in the previous year.
Based on the above factors, Patrick Industries, Inc gets an overall score of 3/5.
Sector | Consumer Cyclical |
---|---|
CurrencyCode | USD |
Exchange | NASDAQ |
Industry | Furnishings, Fixtures & Appliances |
ISIN | US7033431039 |
Beta | 1.89 |
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PE Ratio | 5.07 |
Market Cap | 2B |
Target Price | 82 |
Dividend Yield | 2.6% |
Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada. Its Manufacturing segment manufactures and sells laminated products for furniture, shelving, wall, countertop, and cabinet products; cabinet doors, fiberglass bath fixtures, and tile systems; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum products; fiberglass and plastic components; RV paintings; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinets; polymer-based flooring products; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile mouldings; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat towers, tops, trailers, and frames; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite parts, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panels, drywall and finishing products, electronic and audio system components, appliances, marine accessories, wiring products, electrical and plumbing products, fiber reinforced polyester products; cement siding products, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring products, shower doors, furniture, fireplaces and surrounds, interior and exterior lighting products, and other products. This segment also offers transportation and logistics services. The company was founded in 1959 and is based in Elkhart, Indiana.
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