Dec. 24, 2019 Price forecast | 2 weeks: -2.91% | 1 month: -7.26% | 3 months: -7.23%


PATK stock forecast

Our latest prediction for Patrick Industries, Inc.'s stock price was made on the Dec. 24, 2019 when the stock price was at 54.21$.

In the short term (2weeks), PATK's stock price should underperform the market by -2.91%. During that period the price should oscillate between -5.69% and +4.00%.

In the medium term (3months), PATK's stock price should underperform the market by -7.23%. During that period the price should oscillate between -18.07% and +12.78%.


About Patrick Industries, Inc.

Patrick Industries, Inc. engages in the manufacture of components products and distribution of building products for industrial markets. It operates through the Manufacturing and Distribution segments. The Manufacturing segment includes laminated products what are utilized to produce furniture, shelving, walls, countertops, cabinet products, cabinet doors, fiberglass bat fixtures, hardwood furniture, vinyl printing, solid surface, granite, quartz countertop fabrication, RV painting, fabricated aluminum products, fiberglass and plastic components, softwoods lumber, custom cabinetry, polymer-based flooring, electrical systems components, and other products. The Distribution segment distributes pre-finished wall and ceiling panels, drywall and drywall finishing products, electronics and audio systems components, wiring, electrical and plumbing products, fiber reinforced polyester products, cement siding, interior passage doors, roofing products, laminate and ceramic flooring, shower doors, furniture, fireplaces and surrounds, interior and exterior lightning products, and other miscellaneous products. The company was founded in 1959 and is headquartered in Elkhart, IN.

At the moment the company generates 2319M USD in revenues.

On its last earning announcement, the company reported a profit of 4.15$ per share.

The book value per share is 16.45$

Patrick Industries, Inc. website


Three months stock forecastDec. 24, 2019


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
2319M 18.10% 157M 6.80% 97M 4.15 - - 23M 16.45 195M -31M 164M