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Patrick Industries Inc   (PATK)
Other Ticker:  
 
 
Price: $113.6700 $0.91 0.807%
Day's High: $113.74 Week Perf: 4.14 %
Day's Low: $ 112.35 30 Day Perf: 2.49 %
Volume (M): 4 52 Wk High: $ 123.58
Volume (M$): $ 424 52 Wk Avg: $83.60
Open: $113.74 52 Wk Low: $63.57



 Market Capitalization (Millions $) 2,499
 Shares Outstanding (Millions) 22
 Employees -
 Revenues (TTM) (Millions $) 3,467
 Net Income (TTM) (Millions $) 143
 Cash Flow (TTM) (Millions $) -11
 Capital Exp. (TTM) (Millions $) 59

Patrick Industries Inc

Patrick Industries, Inc. was founded in 1959 and incorporated in the state of Indiana in 1961. Patrick is a major manufacturer of component products and distributor of building products and materials serving original equipment manufacturers (“OEMs”) primarily in the recreational vehicle (“RV”) and manufactured housing (“MH”) industries. The Company also supplies products to adjacent industrial markets, such as kitchen cabinet, office and household furniture, fixtures and commercial furnishings, marine, and other industrial markets. The majority of the Company’s industrial customers are generally directly linked to the residential housing markets. At December 31, 2016, Patrick maintained 56 manufacturing plants and 22 warehouse and distribution facilities in 16 states.

The Company’s strategic and capital allocation strategy is to optimally manage and utilize its resources and leverage its platform of operating brands to continue to grow its business. Through strategic acquisitions, expansion geographically and into new product lines, investment in infrastructure and capital expenditures, Patrick seeks to ensure that its operating network contains both capacity and technology to support anticipated growth needs, to effectively respond to changes in inventory and sales levels, and to successfully integrate manufacturing, distribution and administrative functions.

Patrick manufactures and distributes a variety of products within its operating segments including:

Manufacturing

Decorative vinyl and paper laminated panels

Solid surface, granite and quartz countertops

Fabricated aluminum products

Wrapped vinyl, paper and hardwood profile mouldings

Slide-out trim and fascia

Cabinet doors and components

Hardwood furniture

Fiberglass bath fixtures

Fiberglass and plastic component products including front and rear caps and marine helms

Softwoods lumber

Interior passage doors

RV painting

Slotwall panels and components and other


Distribution


Pre-finished wall and ceiling panels

Drywall and drywall finishing products

Electrical systems components

Wiring, electrical and plumbing products

Electronics and audio systems components

Cement siding

Raw and processed lumber

Fiber reinforced polyester (“FRP”) products

Interior passage doors

Roofing products

Laminate and ceramic flooring

Shower doors

Furniture

Fireplaces and surrounds

Interior and exterior lighting products

Other miscellaneous products



   Company Address: 107 W. Franklin St. Elkhart, 46516 IN
   Company Phone Number: 294-7511   Stock Exchange / Ticker: NASDAQ PATK
   


Customers Net Income fell by PATK's Customers Net Profit Margin fell to

-56.59 %

2.78 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
LEG   -5.01%    
MAS   -2.22%    
NWL      0% 
UFPI        0.68% 
• View Complete Report
   



Patrick Industries Inc

Investors wary as Patrick Industries Inc faces declining revenue and earnings in fiscal fourth quarter of 2023

Patrick Industries Inc has experienced a mix of positive and negative financial results in recent times. While the company has seen a solid gain in its share price and reached its 52-week high, its revenue and earnings have been on a downward trend.
In the fiscal fourth quarter of 2023, Patrick Industries reported a decrease in income by -10.07% to $1.44 per share and a drop in revenue by -17.845% year on year. This downward trajectory continued through the fiscal year, with income falling by -20.64% and revenue deteriorating by -9.602% compared to the previous year.

Patrick Industries Inc

Patrick Industries Inc. Reports Declining Revenue in Recent Fiscal Period

Patrick Industries Inc, a company operating in the manufacturing industry, has recently released its fiscal results for the time-frame ending October 1, 2023. These results show a decline in various key financial metrics compared to the previous year and the preceding reporting season.
Firstly, the company's earnings per share (EPS) witnessed a significant drop of -25.51%, falling from $2.43 per share to $1.81 per share compared to the same period a year before. Additionally, EPS decreased by -6.7% from $1.94 per share in the previous reporting season. This decline in earnings per share indicates a decrease in profitability and could raise concerns among investors and stakeholders.

Patrick Industries Inc

Patrick Industries Inc Overcomes Impressive Challenges, Surges in Second Quarter 2023 Earnings!

Investors Worried about Patrick Industries Inc's Future Performance as Fiscal Q2 Results Disappoint
Patrick Industries Inc, a leading company in the Auto & Truck Parts industry, recently reported its fiscal second-quarter results for 2023, and it seems like the company is facing some significant challenges. Investors are starting to worry about the future performance of the company, especially after a sharp decline in key financial indicators.
One of the most concerning aspects of Patrick Industries Inc's Q2 report is the drastic decrease in income per share. Compared to the same period last year, the company experienced a staggering decline of -59.5%, with income per share dropping from $4.79 to $1.94. This is a significant blow to investor confidence, as it indicates a major setback in the company's profitability.

Patrick Industries Inc

An Eye-Catching Slump in Revenue Hits Patrick Industries Inc as Return on Equity Plummets in Q1 2023

Patrick Industries Inc's Return on Equity Falls in Q1 2023
In its first quarter of 2023, Patrick Industries Inc reported a Return on Equity (ROE) of 26.07%, which is below the company's average ROE of 29.61%. The decline in net income was attributed to the drop in ROE relative to the previous period ending.
Among the Auto & Truck Parts industry, Patrick Industries Inc ranked lower than six other companies in terms of ROE. However, the company's overall ranking has improved from 307 in the fourth quarter of 2022 to 289 in the first quarter of 2023.






 

Patrick Industries Inc's Segments
 
 
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