How to Buy Patrick Industries Stock
Patrick Industries Inc
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.
Patrick Industries stock last closed at $78.02, down 1.59% from the previous day, and has increased 10.89% in one year. It has overperformed other stocks in the Furnishings Fixtures & Appliances industry by 0.26 percentage points. Patrick Industries stock is currently +15.21% from its 52-week low of $67.72, and -21.11% from its 52-week high of $98.90.
There are currently 33.64M PATK shares outstanding. The market value of PATK is $2.62B. In the past 24 hours, 501,703 PATK shares were traded.
How to Buy Patrick Industries Stock
Not sure how to invest in Patrick Industries stock? Here's how.
- Figure out where to buy Patrick Industries stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Patrick Industries stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your method of payment and add your information.
- Analyze Patrick Industries stock: The Patrick Industries ticker symbol is PATK. Is Patrick Industries stock a good investment? Should you buy shares of PATK? How do PATK's underlying business fundamentals look? Do top analysts think Patrick Industries is a good buy? Why has PATK's stock price moved recently? (Hint: Our stock research website can help you figure out if PATK is a good stock to buy).
- Execute your PATK trade: Decide if you will purchase PATK shares at the current market price or use a limit order to purchase PATK shares at a specific price.
- Get the latest news on your investment in PATK: Create a watchlist to keep tabs on your position in Patrick Industries shares.
Step 1: Figure out where to buy Patrick Industries stock
You will need an online brokerage account in order to access the NASDAQ market and buy PATK stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal details so you are able to buy PATK today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on a good online stock trading app, you need to deposit funds:
Check out the walkthrough below if you need help transferring money into your new investment account.
Step 4: Analyze Patrick Industries stock
Once you have chosen the best place to buy Patrick Industries stock, it's crucial to research their stock before you invest, so you actually wrap your head around the risk and opportunity.
Patrick Industries quick stats
PATK Due Diligence Checks
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on PATK's stock page.
How is PATK stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge PATK's fair value.
Using relative valuations ratios:
- PATK may be overvalued based on its P/E ratio of 18.36x, relative to Furnishings Fixtures & Appliances industry P/E ratio of 16.32x
- PATK may be overvalued based on its P/B ratio of 2.33x, relative to Furnishings Fixtures & Appliances industry P/B ratio of 2.07x
- PATK could be undervalued based on its PEG ratio of 0.9x
You can access additional valuation research on PATK's stock here.
Is PATK a healthy company?
Positive Financial Indicators:
- Total PATK debt is lower than 5 years ago, relative to shareholder equity.
- PATK's operating cash flow of $326.84M allows it to safely service it's debt of $1.52B.
- There are more short-term assets than short-term liabilities on the PATK balance sheet.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the PATK balance sheet.
- PATK earnings of $258.04M is not enough to cover its interest payments.
- PATK profit margin has gone down from 4.1% to 3.7% in the past year.
- PATK has a relatively high debt to equity ratio of 1.68.
Is it a good time to buy Patrick Industries stock, according to Wall Street analysts?
Out of 9 Wall Street analysts who give recommendations on PATK, the consensus analyst rating on PATK is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
Latest PATK Analyst Forecasts
Noah Zatzkin, a bottom 6% analyst from KeyBanc maintains PATK with a strong buy rating and raises their PATK price target from $100.00 to $110.00, on Feb 7, 2025.
Brandon Rolle, a bottom 6% analyst from DA Davidson maintains PATK with a hold rating and lowers their PATK price target from $114.00 to $111.00, on Nov 4, 2024.
Tristan Thomas-Martin, a bottom 22% analyst from BMO Capital maintains PATK with a buy rating and raises their PATK price target from $100.00 to $103.33, on Nov 1, 2024.
Brett Andress, a top 6% analyst from KeyBanc maintains PATK with a strong buy rating and raises their PATK price target from $90.00 to $100.00, on Oct 23, 2024.
KeyBanc's Brett Andress raised their price target on Patrick Industries (NASDAQ: PATK) by 11.1% from $135 to $150 on 2024/10/23. The analyst maintained their Strong Buy rating on the stock.
Andress' price target hike was delivered in a preview of Patrick Industries' Q3 2024 earnings, scheduled for release on 2024/10/31.
Although KeyBanc acknowledges that the leisure vehicle setup is still challenging, the analyst said they maintained a positive stance on Patrick Industries thanks to its unique business model and long-term growth levers in the aftermarket and utility segments.
You can dive deeper into what analysts are saying on the Patrick Industries stock forecast page.
PATK Technical Indicators
Is PATK Growing Revenue?
Last year, PATK earnings were $138.40M. In the last 5 year, PATK's earnings have increased by 10.44% per year. This was faster than the Furnishings Fixtures & Appliances industry average of 8.33%.
Last year, PATK revenue was $3.72B. Over the last 5 year, PATK's revenue has increased by 9.72% per year. This was faster than the Furnishings Fixtures & Appliances industry average of 7.97%.
You can research PATK's earnings and revenue performance here.
Who is buying/selling PATK?
In the last year, insiders at PATK have sold more shares than they have bought.
Richard N. Reyenger, President - Marine of PATK, was the latest PATK insider to sell. They sold $25,437.00 worth of PATK shares on Mar 18, 2025.
Get more info about who owns PATK shares here.
Does PATK provide a stable income stream?
Patrick Industries pays a dividend of 1.97%, compared to the Furnishings Fixtures & Appliances industry's average dividend yield of 4.39%. If you owned $1,000 of PATK stock, you would have received $19.65 last year.
Patrick Industries dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Patrick Industries dividend yield and history here.
Get opinions from other traders
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Step 5: Execute your PATK trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.
Click the Open button and your broker will place the order.
If you need additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Get the latest news on your investment in PATK
Now that you own some PATK stock, you'll want to stay up-to-date on your investment.
Start a watchlist to get the latest updates about your PATK stock.
PATK Feed
How to Buy Stock in Patrick Industries
To reiterate, here are the 6 steps to buy Patrick Industries stock:
- Figure out where to buy Patrick Industries stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Analyze Patrick Industries stock
- Execute your PATK trade
- Get the latest news on your investment in PATK
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Patrick Industries, add PATK to your watchlist below.
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