Profile
Sector:
Consumer CyclicalIndustry:
Furnishings, Fixtures & AppliancesCountry:
United StatesIPO:
17 March 1980Website:
http://www.patrickind.comNext earnings report:
26 July 2024Last dividends:
03 June 2024Next dividends:
N/APrice
after hours | Fri, 05 Jul 2024 20:42:53 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
PATK Latest News
ELKHART, Ind. , July 2, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will participate in CJS Securities 24th Annual "New Ideas" Summer Conference on July 10, 2024.
ELKHART, Ind. , May 28, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will participate in the upcoming Baird 2024 Global Consumer, Technology & Services Conference being held from June 4-6, 2024.
Patrick Industries, Inc. (NASDAQ:PATK) will hold its Q1 2024 Earnings Conference Call on May 2, 2024 at 10:00 AM ET. Key participants include Steve O'Hara, Andy Nemeth, Jeffrey Rodino, Andrew Roeder, Kip Ellis, and Matt Filer. Various analysts from firms like Truist Securities, ROTH MKM, and KeyBanc Capital Markets will also be participating in the call. The operator welcomes all attendees to the conference call.
Patrick Industries is a top supplier of components for recreational vehicles, marine, manufactured housing, and industrial markets. The company has experienced impressive growth over the past decade, with significant increases in free cash flow, revenues, and earnings per share. The balance sheet remains strong, with a current ratio consistently above 2x and a net leverage ratio approaching the desired range of 2.25-2.5.
Patrick Industries (PATK) reported earnings of $1.79 per share for the quarter, surpassing the Zacks Consensus Estimate of $1.32 per share. This is an improvement from earnings of $1.35 per share in the same quarter last year.
At Zacks, we prioritize the Zacks Rank system, which highlights earnings estimates and revisions to identify top stocks. However, we also keep a close eye on current value, growth, and momentum trends to highlight strong selections.
Patrick Industries (PATK) is currently considered oversold, suggesting that the intense selling pressure may be waning. Additionally, there is a consensus among analysts that earnings estimates will improve, hinting at a possible turnaround for the stock soon.
Patrick Industries (PATK) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Patrick Industries, Inc. (PATK) Q4 2023 Earnings Call Transcript
Patrick Industries (PATK) came out with quarterly earnings of $1.49 per share, beating the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $1.82 per share a year ago.
- 1(current)
What type of business is Patrick Industries?
Patrick Industries, Inc. is a large distributor of building products and materials for transportation vehicles, marine vessels, industrial housing, and industrial markets in the United States and Canada. The company was founded in 1959, with its headquarters located in Elkhart, Indiana. The manufacturing segment provides furniture, shelving, cabinets, fiberglass plumbing fixtures, hardwood furniture, vinyl printing, granite and quartz products. The distribution segment offers ready-made wall and ceiling panels, drywall and drywall finishing materials, electronics, audio system components, household appliances, electrical products, and electrical and plumbing products.
What sector is Patrick Industries in?
Patrick Industries is in the Consumer Cyclical sector
What industry is Patrick Industries in?
Patrick Industries is in the Furnishings, Fixtures & Appliances industry
What country is Patrick Industries from?
Patrick Industries is headquartered in United States
When did Patrick Industries go public?
Patrick Industries initial public offering (IPO) was on 17 March 1980
What is Patrick Industries website?
https://www.patrickind.com
Is Patrick Industries in the S&P 500?
No, Patrick Industries is not included in the S&P 500 index
Is Patrick Industries in the NASDAQ 100?
No, Patrick Industries is not included in the NASDAQ 100 index
Is Patrick Industries in the Dow Jones?
No, Patrick Industries is not included in the Dow Jones index
When does Patrick Industries report earnings?
The next expected earnings date for Patrick Industries is 26 July 2024