Patrick Industries, Inc.

Patrick Industries, Inc.

PATKยทNASDAQ

$90.65

+0.48%
Consumer CyclicalFurnishings, Fixtures & Appliances

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, China, and Canada. Its Manufacturing segment manufactures and sells furniture, shelving, wall, countertop, and cabinet product; cabinet door, fiberglass bath fixture, and tile system; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum product; fiberglass and plastic components; RV painting; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinet; polymer-based flooring product; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile moulding; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat covers, tower, top, and frame; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite part, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panel, drywall and finishing product, electronic, audio system component, appliance, marine accessories, wiring product, electrical and plumbing product, fiber reinforced polyester product; cement siding product, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring product, shower door, furniture, fireplace and surround, interior and exterior lighting product, and other products. This segment also offers transportation and logistics service. The company was founded in 1959 and is headquartered in Elkhart, Indiana.

At a Glance

Live Snapshot
Market Cap$2.98B
EPS4.1600
P/E Ratio21.79
Earnings Date07/30/2026
patk

Patrick Industries, Inc. Street Expectations Map

PATK ยท NASDAQ

Wall Street analysts project that PATK stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 124.50, with estimates ranging from a low of 108.00 to a high of 150.00.

Lowest Target
108.00
19.14%
Consensus Target
124.50
37.34%
Highest Target
150.00
65.47%

The consensus 1-year price target stands at 124.50, with estimates ranging from a low of 108.00 to a high of 150.00.

Analyst Consensus Analysis

Upside Potential

+37.3%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

33.7% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Patrick Industries, Inc. Forward Estimates of Revenue

PATK ยท NASDAQ
Latest Revenue
3.95B
FY 2025
Avg Estimate
4.07B
FY 2026
Estimate Range
4.03B - 4.12B
Analyst Spread

Forward Growth Analysis

Projected Growth+3.0%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Patrick Industries, Inc. Forward Estimates of Net Income

PATK ยท NASDAQ
Latest Net Income
135.06M
FY 2025
Avg Estimate
183.32M
FY 2026
Estimate Range
178.80M - 187.84M
Analyst Spread

Forward Growth Analysis

Projected Growth+35.7%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread5%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Patrick Industries, Inc. Forward Estimates of EPS

PATK ยท NASDAQ
Latest EPS
4.16
FY 2025
Avg Estimate
$5.44
FY 2026
Estimate Range
$5.31 - $5.57
Analyst Spread

Forward Growth Analysis

Projected Growth+30.9%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread5%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Patrick Industries, Inc. Forward Estimates of EBIT

PATK ยท NASDAQ
Latest EBIT
251.57M
FY 2025
Avg Estimate
327.19M
FY 2026
Estimate Range
324.00M - 331.17M
Analyst Spread

Forward Growth Analysis

Projected Growth+30.1%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Patrick Industries, Inc. Forward Estimates of EBITDA

PATK ยท NASDAQ
Latest EBITDA
421.78M
FY 2025
Avg Estimate
464.26M
FY 2026
Estimate Range
459.75M - 469.91M
Analyst Spread

Forward Growth Analysis

Projected Growth+10.1%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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Patrick Industries, Inc. Forward Estimates of SG&A Expense

PATK ยท NASDAQ
Latest SG&A Expense
539.56M
FY 2025
Avg Estimate
449.81M
FY 2026
Estimate Range
445.43M - 455.28M
Analyst Spread

Forward Growth Analysis

Projected Growth-16.6%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Patrick Industries, Inc. Insider Positioning

PATK ยท NASDAQ

During the last 12 months, insiders have purchased $3.18M and sold $11.90M worth of PATK shares, resulting in $8.72M of net selling activity.

3 Months

Bought

30.6K

2.95M

Sold

13.5K

1.53M

Net Activity

+1.4M

+$1.42M

3-6 Months

Bought

1.1K

147.28K

Sold

34.3K

4.20M

Net Activity

-4.1M

-$4.05M

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

1.0K

82.75K

Sold

56.3K

6.18M

Net Activity

-6.1M

-$6.09M

Top Buyers

1
WMS

Welch M Scott

Director

20.2K sharesโ€ข5 transactions

$2.04M

2
NAL

Nemeth Andy L

Director, Officer: Chief Executive Officer

10.0K sharesโ€ข1 transactions

$880K

3
FMS

Filer Matthew S

Other: Svp Finance / Cao

1.0K sharesโ€ข1 transactions

$140K

4
CTM

Cleveland Todd M

Director

1.0K sharesโ€ข1 transactions

$83K

5
AB

Augsburger Blake

Director

400 sharesโ€ข1 transactions

$34K

Top Sellers

1
NAL

Nemeth Andy L

Director, Officer: Chief Executive Officer

30.0K sharesโ€ข2 transactions

$3.44M

2
RJ

Rodino Jeff

Officer: President-Rv

22.4K sharesโ€ข1 transactions

$2.47M

3
EKB

Ellis Kip B

Officer: President-Powersports/ Housing

21.5K sharesโ€ข1 transactions

$2.36M

4
GHE

Gonzalez Hugo E

Officer: Pres Powersports & Housing/Coo

13.5K sharesโ€ข1 transactions

$1.53M

5
FJA

Forbes John A

Director

5.6K sharesโ€ข2 transactions

$644K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $8.72M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.27:1

Weak buy/sell ratio. Selling significantly exceeds buyingโ€”monitor for potential fundamental concerns.

Recent Trend (3 Months)

$1.42M

Positive recent trend with net buying activity. Insiders have been accumulating shares in recent months.

Insider Participation

Balanced

5 insider buyers and 5 sellers. Equal participation suggests mixed or neutral insider views.