PATK RSI Chart
Last 7 days
-3.4%
Last 30 days
-9.3%
Last 90 days
5.3%
Trailing 12 Months
46.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 4.4B | 3.9B | 3.6B | 3.5B |
2022 | 4.6B | 5.0B | 5.1B | 4.9B |
2021 | 2.7B | 3.3B | 3.7B | 4.1B |
2020 | 2.3B | 2.1B | 2.3B | 2.5B |
2019 | 2.3B | 2.3B | 2.3B | 2.3B |
2018 | 1.8B | 2.0B | 2.2B | 2.3B |
2017 | 1.3B | 1.4B | 1.5B | 1.6B |
2016 | 975.6M | 1.1B | 1.1B | 1.2B |
2015 | 789.0M | 834.6M | 861.2M | 920.3M |
2014 | 623.0M | 651.2M | 692.8M | 735.7M |
2013 | 476.8M | 520.8M | 554.4M | 594.9M |
2012 | 341.0M | 374.0M | 409.5M | 437.4M |
2011 | 284.2M | 283.0M | 287.6M | 307.8M |
2010 | 0 | 234.4M | 256.3M | 278.2M |
2009 | 0 | 0 | 0 | 212.5M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 04, 2024 | ellis kip b | sold | -910,287 | 121 | -7,462 | president-powersports/ housing |
Mar 01, 2024 | forbes john a | sold | -806,805 | 118 | -6,793 | - |
Mar 01, 2024 | cleveland todd m | sold | -1,026,600 | 120 | -8,524 | - |
Mar 01, 2024 | welch m scott | sold | -14,405 | 119 | -121 | - |
Mar 01, 2024 | nemeth andy l | sold | -590,000 | 118 | -5,000 | chief executive officer |
Feb 29, 2024 | cleveland todd m | sold | -2,275,540 | 119 | -19,076 | - |
Feb 27, 2024 | nemeth andy l | sold | -582,500 | 116 | -5,000 | chief executive officer |
Feb 27, 2024 | rodino jeff | sold | -2,342,860 | 117 | -20,000 | president-rv |
Feb 26, 2024 | ellis kip b | sold | -2,070,010 | 115 | -18,000 | president-powersports/ housing |
Feb 23, 2024 | nemeth andy l | sold | -1,150,040 | 115 | -10,000 | chief executive officer |
Which funds bought or sold PATK recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 18, 2024 | Tributary Capital Management, LLC | reduced | -0.71 | 3,776,140 | 24,512,300 | 2.01% |
Apr 18, 2024 | WASATCH ADVISORS LP | reduced | -64.18 | -20,221,800 | 15,036,900 | 0.08% |
Apr 18, 2024 | FOSTER & MOTLEY INC | added | 20.06 | 614,000 | 2,043,000 | 0.14% |
Apr 18, 2024 | Park Place Capital Corp | unchanged | - | 860 | 5,376 | -% |
Apr 18, 2024 | Allspring Global Investments Holdings, LLC | added | 1.72 | 2,244,600 | 12,882,400 | 0.02% |
Apr 18, 2024 | SJS Investment Consulting Inc. | added | 50.00 | 158 | 359 | -% |
Apr 18, 2024 | Hexagon Capital Partners LLC | unchanged | - | 688 | 4,301 | -% |
Apr 18, 2024 | FARMERS & MERCHANTS INVESTMENTS INC | reduced | -6.25 | 186 | 1,792 | -% |
Apr 16, 2024 | SummerHaven Investment Management, LLC | added | 1.11 | 179,233 | 1,059,100 | 0.66% |
Apr 16, 2024 | New England Research & Management, Inc. | reduced | -2.43 | 100,000 | 720,000 | 0.35% |
Unveiling Patrick Industries Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Patrick Industries Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
HD | 332.3B | 152.7B | 21.94 | 2.18 | ||||
LOW | 131.7B | 86.4B | 17.05 | 1.52 | ||||
DHI | 47.2B | 35.9B | 9.96 | 1.31 | ||||
NVR | 24.6B | 9.5B | 15.48 | 2.59 | ||||
FND | 11.5B | 4.4B | 46.93 | 2.62 | ||||
MID-CAP | ||||||||
MHK | 6.9B | 11.1B | -15.78 | 0.62 | ||||
IBP | 6.3B | 2.8B | 25.76 | 2.26 | ||||
WHR | 5.7B | 19.5B | 11.85 | 0.29 | ||||
CVCO | 3.0B | 1.9B | 17.46 | 1.62 | ||||
CCS | 2.5B | 3.7B | 9.69 | 0.68 | ||||
LEG | 2.4B | 4.7B | -17.85 | 0.52 | ||||
SMALL-CAP | ||||||||
AMWD | 1.4B | 1.9B | 11.95 | 0.76 | ||||
BZH | 868.7M | 2.1B | 5.57 | 0.4 | ||||
BSET | 115.7M | 369.0M | -19.93 | 0.31 | ||||
CRWS | 51.4M | 86.7M | 10.9 | 0.59 |
Patrick Industries Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -9.8% | 781 | 866 | 921 | 900 | 952 | 1,112 | 1,476 | 1,342 | 1,147 | 1,060 | 1,020 | 850 | 773 | 701 | 424 | 589 | 549 | 566 | 613 | 608 | 531 |
Gross Profit | -10.2% | 179 | 199 | 210 | 194 | 201 | 236 | 327 | 295 | 227 | 208 | 204 | 162 | 142 | 133 | 74.00 | 109 | 99.00 | 104 | 113 | 107 | 97.00 |
Operating Expenses | -5.0% | 122 | 128 | 134 | 138 | 133 | 144 | 153 | 134 | 132 | 115 | 109 | 93.00 | 80.00 | 74.00 | 62.00 | 70.00 | 63.00 | 67.00 | 67.00 | 71.00 | 58.00 |
S&GA Expenses | -4.6% | 68.00 | 71.00 | 79.00 | 82.00 | 77.00 | 85.00 | 90.00 | 76.00 | 78.00 | 64.00 | 60.00 | 51.00 | 41.00 | 38.00 | 32.00 | 36.00 | 30.00 | 34.00 | 33.00 | 38.00 | 29.00 |
EBITDA Margin | 2.5% | 0.10* | 0.09* | 0.09* | 0.10* | 0.12* | 0.12* | 0.22* | 0.11* | 0.10* | 0.11* | 0.11* | 0.10* | 0.09* | 0.09* | 0.09* | - | - | - | - | - | - |
Income Taxes | -23.7% | 11.00 | 15.00 | 15.00 | 8.00 | 12.00 | 19.00 | 43.00 | 34.00 | 17.00 | 20.00 | 22.00 | 10.00 | 13.00 | 12.00 | 1.00 | 8.00 | 6.00 | 7.00 | 9.00 | 6.00 | 3.00 |
Earnings Before Taxes | -22.5% | 42.00 | 54.00 | 57.00 | 38.00 | 52.00 | 77.00 | 159 | 147 | 78.00 | 78.00 | 81.00 | 57.00 | 51.00 | 49.00 | 1.00 | 29.00 | 26.00 | 29.00 | 37.00 | 27.00 | 30.00 |
EBT Margin | -0.2% | 0.06* | 0.06* | 0.06* | 0.07* | 0.09* | 0.09* | 0.09* | 0.08* | 0.07* | 0.07* | 0.07* | 0.06* | - | - | - | - | - | - | - | - | - |
Net Income | -22.1% | 31.00 | 40.00 | 42.00 | 30.00 | 40.00 | 59.00 | 117 | 113 | 61.00 | 57.00 | 59.00 | 48.00 | 38.00 | 37.00 | 1.00 | 21.00 | 20.00 | 21.00 | 27.00 | 21.00 | 27.00 |
Net Income Margin | -1.5% | 0.04* | 0.04* | 0.04* | 0.06* | 0.07* | 0.07* | 0.07* | 0.06* | 0.06* | 0.05* | 0.05* | 0.04* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -1.2% | 103 | 105 | 163 | -21.22 | 165 | 137 | 72.00 | -41.71 | 84.00 | 51.00 | 16.00 | 36.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -3.5% | 2,562 | 2,656 | 2,707 | 2,817 | 2,782 | 2,897 | 3,025 | 2,971 | 2,651 | 2,358 | 2,225 | 1,835 | 1,753 | 1,575 | 1,493 | 1,522 | 1,471 | 1,451 | 1,331 | 1,355 | 1,231 |
Current Assets | -9.4% | 735 | 811 | 834 | 954 | 910 | 1,107 | 1,223 | 1,174 | 974 | 863 | 764 | 592 | 528 | 532 | 537 | 549 | 517 | 528 | 412 | 429 | 385 |
Cash Equivalents | -30.6% | 11.00 | 16.00 | 34.00 | 31.00 | 23.00 | 53.00 | 77.00 | 64.00 | 123 | 45.00 | 58.00 | 6.00 | 45.00 | 62.00 | 111 | 95.00 | 139 | 117 | 24.00 | 8.00 | 7.00 |
Inventory | -1.5% | 510 | 518 | 555 | 628 | 668 | 734 | 739 | 699 | 614 | 486 | 406 | 345 | 313 | 281 | 262 | 274 | 254 | 263 | 253 | 265 | 273 |
Net PPE | -1.3% | 354 | 358 | 363 | 354 | 351 | 343 | 340 | 328 | 319 | 309 | 298 | 256 | 251 | 197 | 185 | 189 | 181 | 180 | 182 | 180 | 177 |
Goodwill | 0% | 637 | 637 | 633 | 627 | 629 | 598 | 605 | 600 | 551 | 479 | 454 | 405 | 396 | 356 | 326 | 326 | 319 | 308 | 302 | 292 | 282 |
Liabilities | -6.6% | 1,517 | 1,625 | 1,710 | 1,847 | 1,827 | 1,950 | 2,127 | 2,171 | 1,883 | 1,666 | 1,581 | 1,240 | 1,194 | 1,049 | 1,000 | 1,027 | 974 | 971 | 872 | 926 | 822 |
Current Liabilities | -8.1% | 308 | 336 | 307 | 333 | 367 | 436 | 473 | 496 | 433 | 409 | 329 | 300 | 227 | 253 | 219 | 236 | 187 | 202 | 205 | 218 | 158 |
Long Term Debt | -7.8% | 1,018 | 1,105 | 1,216 | 1,332 | 1,276 | 1,333 | 1,475 | 1,490 | 1,279 | 1,078 | 1,077 | 786 | 811 | 674 | 673 | 672 | 670 | 671 | 570 | 614 | 622 |
LT Debt, Current | 0% | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 10.00 | 10.00 | 9.00 |
LT Debt, Non Current | -7.8% | 1,018 | 1,105 | 1,216 | 1,332 | 1,276 | 1,333 | 1,475 | 1,490 | 1,279 | 1,078 | 1,077 | 786 | 811 | 674 | 673 | 672 | 670 | 671 | 570 | 614 | 622 |
Shareholder's Equity | 1.4% | 1,045 | 1,031 | 997 | 970 | 955 | 947 | 898 | 800 | 768 | 692 | 643 | 595 | 559 | 526 | 493 | 495 | 497 | 480 | 459 | 429 | 409 |
Retained Earnings | 1.5% | 843 | 830 | 801 | 776 | 759 | 753 | 708 | 613 | 514 | 476 | 453 | 401 | 360 | 331 | 304 | 309 | 306 | 292 | 273 | 246 | 225 |
Additional Paid-In Capital | - | - | - | - | - | - | - | - | - | 60.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 |
Shares Outstanding | 2.9% | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 23.00 | 23.00 | 23.00 | 23.00 | 23.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 1,700 | - | - | - | 1,150 | - | - | - | 1,700 | - | - | - | 1,200 | - | - | - | 1,100 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -0.6% | 114,842 | 115,479 | 179,301 | -950 | 181,930 | 155,512 | 97,335 | -23,039 | 104,713 | 68,672 | 28,453 | 50,292 | 47,395 | 73,386 | 26,208 | 13,164 | 70,377 | 28,219 | 65,930 | 27,884 | 72,600 |
Share Based Compensation | 0.4% | 5,754 | 5,729 | 2,704 | 5,242 | 6,155 | 5,352 | 5,133 | 5,111 | 5,580 | 6,971 | 6,038 | 4,298 | 4,783 | 4,830 | 2,036 | 4,311 | 3,397 | 3,867 | 4,225 | 3,947 | 3,070 |
Cashflow From Investing | -11.8% | -11,082 | -9,916 | -41,970 | -23,577 | -112,583 | -21,324 | -44,441 | -143,119 | -231,018 | -62,823 | -235,848 | -45,045 | -192,460 | -110,407 | -3,177 | -31,840 | -39,144 | -25,002 | -5,211 | -9,855 | -60,370 |
Cashflow From Financing | 11.6% | -108,801 | -123,024 | -134,203 | 32,463 | -99,769 | -157,944 | -39,715 | 107,155 | 204,272 | -19,369 | 259,626 | -43,843 | 127,485 | -11,694 | -6,492 | -26,191 | -8,555 | 89,923 | -45,601 | -16,470 | -5,641 |
Dividend Payments | 21.8% | 11,880 | 9,753 | 9,746 | 10,761 | 9,862 | 7,341 | 7,378 | 8,288 | 7,537 | 6,426 | 6,488 | 6,573 | 6,365 | 5,658 | 5,770 | 5,837 | 5,798 | - | - | - | - |
Buy Backs | 1329.3% | 6,575 | 460 | 8,116 | 3,660 | 29,251 | 7,440 | 16,530 | 24,778 | 16,995 | 10,395 | 21,550 | - | 2,820 | 4,736 | - | 15,550 | 187 | 3,583 | 91.00 | - | 32,539 |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Income Statement [Abstract] | |||
NET SALES | $ 3,468,045 | $ 4,881,872 | $ 4,078,092 |
Cost of goods sold | 2,685,812 | 3,821,934 | 3,276,898 |
GROSS PROFIT | 782,233 | 1,059,938 | 801,194 |
Operating Expenses: | |||
Warehouse and delivery | 143,921 | 163,026 | 139,606 |
Selling, general and administrative | 299,418 | 327,513 | 253,547 |
Amortization of intangible assets | 78,694 | 73,229 | 56,329 |
Total operating expenses | 522,033 | 563,768 | 449,482 |
OPERATING INCOME | 260,200 | 496,170 | 351,712 |
Interest expense, net | 68,942 | 60,760 | 57,890 |
Income before income taxes | 191,258 | 435,410 | 293,822 |
Income taxes | 48,361 | 107,214 | 68,907 |
NET INCOME | $ 142,897 | $ 328,196 | $ 224,915 |
BASIC EARNINGS PER COMMON SHARE (in USD per share) | $ 6.64 | $ 14.82 | $ 9.87 |
DILUTED EARNINGS PER COMMON SHARE (in USD per share) | $ 6.50 | $ 13.49 | $ 9.63 |
Weighted average shares outstanding - Basic (in shares) | 21,519 | 22,140 | 22,780 |
Weighted average shares outstanding - Diluted (in shares) | 22,025 | 24,471 | 23,355 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current Assets | ||
Cash and cash equivalents | $ 11,409 | $ 22,847 |
Trade and other receivables, net | 163,838 | 172,890 |
Inventories | 510,133 | 667,841 |
Prepaid expenses and other | 49,251 | 46,326 |
Total current assets | 734,631 | 909,904 |
Property, plant and equipment, net | 353,625 | 350,572 |
Operating lease right-of-use-assets | 177,717 | 163,674 |
Goodwill | 637,393 | 629,263 |
Intangible assets, net | 651,153 | 720,230 |
Other non-current assets | 7,929 | 8,828 |
TOTAL ASSETS | 2,562,448 | 2,782,471 |
Current Liabilities | ||
Current maturities of long-term debt | 7,500 | 7,500 |
Current operating lease liabilities | 48,761 | 44,235 |
Accounts payable | 140,524 | 142,910 |
Accrued liabilities | 111,711 | 172,595 |
Total current liabilities | 308,496 | 367,240 |
Long-term debt, less current maturities, net | 1,018,356 | 1,276,149 |
Long-term operating lease liabilities | 132,444 | 122,471 |
Deferred tax liabilities, net | 46,724 | 48,392 |
Other long-term liabilities | 11,091 | 13,050 |
TOTAL LIABILITIES | 1,517,111 | 1,827,302 |
COMMITMENTS AND CONTINGENCIES | ||
SHAREHOLDERS’ EQUITY | ||
Preferred stock, no par value; authorized 1,000,000 shares; none issued or outstanding | 0 | 0 |
Common stock, no par value; authorized 40,000,000 shares; issued and outstanding 2023 - 22,160,608 shares; issued and outstanding 2022 - 22,212,360 shares | 203,258 | 197,003 |
Accumulated other comprehensive loss | (999) | (695) |
Retained earnings | 843,078 | 758,861 |
TOTAL SHAREHOLDERS’ EQUITY | 1,045,337 | 955,169 |
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $ 2,562,448 | $ 2,782,471 |