PATK RSI Chart
Last 7 days
-3.0%
Last 30 days
6.9%
Last 90 days
0.2%
Trailing 12 Months
60.6%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 3.5B | 0 | 0 | 0 |
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 |
---|---|---|---|---|---|---|
May 09, 2024 | nemeth andy l | gifted | - | - | -2,500 | chief executive officer |
Mar 04, 2024 | ellis kip b | sold | -910,287 | 121 | -7,462 | president-powersports/ housing |
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 |
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 | - |
Feb 29, 2024 | cleveland todd m | sold | -2,275,540 | 119 | -19,076 | - |
Feb 27, 2024 | rodino jeff | sold | -2,342,860 | 117 | -20,000 | president-rv |
Feb 27, 2024 | nemeth andy l | sold | -582,500 | 116 | -5,000 | chief executive officer |
Feb 26, 2024 | ellis kip b | sold | -2,070,010 | 115 | -18,000 | president-powersports/ housing |
Which funds bought or sold PATK recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | COMERICA BANK | added | 16.47 | 426,825 | 1,531,080 | 0.01% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -5.74 | 273,622 | 2,512,930 | -% |
May 16, 2024 | JANE STREET GROUP, LLC | added | 866 | 2,795,290 | 3,061,420 | -% |
May 16, 2024 | Ancora Advisors LLC | unchanged | - | 2,237 | 13,978 | -% |
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -41.97 | -2,525,400 | 4,722,740 | -% |
May 15, 2024 | BARCLAYS PLC | reduced | -44.86 | -1,230,000 | 2,351,000 | -% |
May 15, 2024 | UBS ASSET MANAGEMENT AMERICAS LLC | unchanged | - | 279,401 | 1,745,820 | -% |
May 15, 2024 | DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | unchanged | - | 28,489 | 178,010 | -% |
May 15, 2024 | WELLINGTON MANAGEMENT GROUP LLP | reduced | -6.89 | 3,982,890 | 40,681,700 | 0.01% |
May 15, 2024 | Schonfeld Strategic Advisors LLC | new | - | 1,049,420 | 1,049,420 | 0.01% |
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 | 341.2B | 152.7B | 22.53 | 2.24 | ||||
LOW | 132.3B | 86.4B | 17.12 | 1.53 | ||||
DHI | 49.9B | 37.1B | 10.05 | 1.35 | ||||
NVR | 24.0B | 9.7B | 14.63 | 2.48 | ||||
FND | 12.7B | 4.4B | 56.7 | 2.9 | ||||
MID-CAP | ||||||||
MHK | 7.7B | 11.0B | -18.54 | 0.7 | ||||
IBP | 6.0B | 2.8B | 24.08 | 2.14 | ||||
WHR | 5.0B | 19.3B | 12.43 | 0.26 | ||||
CVCO | 3.1B | 1.9B | 18.29 | 1.69 | ||||
CCS | 2.8B | 3.9B | 9.69 | 0.72 | ||||
LEG | 1.6B | 4.6B | -10.2 | 0.35 | ||||
SMALL-CAP | ||||||||
AMWD | 1.5B | 1.9B | 12.72 | 0.81 | ||||
BZH | 907.0M | 2.1B | 5.65 | 0.42 | ||||
BSET | 123.6M | 369.0M | -21.28 | 0.33 | ||||
CRWS | 53.0M | 86.7M | 11.24 | 0.61 |
Patrick Industries Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 19.5% | 933 | 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 |
Gross Profit | 14.5% | 205 | 179 | 199 | 210 | 194 | 201 | 236 | 327 | 295 | 227 | 208 | 204 | 162 | 142 | 133 | 74.00 | 109 | 99.00 | 104 | 113 | 107 |
Operating Expenses | 19.7% | 146 | 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 |
S&GA Expenses | 26.1% | 85.00 | 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 |
EBITDA Margin | 0.9% | 0.10* | 0.10* | 0.09* | 0.09* | 0.10* | 0.12* | 0.11* | 0.12* | 0.11* | 0.10* | 0.10* | 0.10* | - | - | - | - | - | - | - | - | - |
Income Taxes | -62.8% | 4.00 | 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 |
Earnings Before Taxes | -6.5% | 39.00 | 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 |
EBT Margin | -0.2% | 0.06* | 0.06* | 0.06* | 0.06* | 0.07* | 0.09* | 0.09* | 0.09* | 0.08* | 0.07* | 0.07* | 0.07* | - | - | - | - | - | - | - | - | - |
Net Income | 13.9% | 35.00 | 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 |
Net Income Margin | 2.5% | 0.04* | 0.04* | 0.04* | 0.04* | 0.06* | 0.07* | 0.07* | 0.07* | 0.06* | 0.06* | 0.05* | 0.05* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -80.9% | 20.00 | 103 | 105 | 163 | -21.22 | 165 | 137 | 72.00 | -41.71 | 84.00 | 51.00 | 16.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 18.4% | 3,033 | 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 |
Current Assets | 17.0% | 859 | 735 | 811 | 834 | 954 | 910 | 1,107 | 1,223 | 1,174 | 974 | 863 | 764 | 592 | 528 | 532 | 537 | 549 | 517 | 528 | 412 | 429 |
Cash Equivalents | 54.4% | 18.00 | 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 |
Inventory | 0.9% | 515 | 510 | 518 | 555 | 628 | 668 | 734 | 739 | 699 | 614 | 486 | 406 | 345 | 313 | 281 | 262 | 274 | 254 | 263 | 253 | 265 |
Net PPE | 4.9% | 371 | 354 | 358 | 363 | 354 | 351 | 343 | 340 | 328 | 319 | 309 | 298 | 256 | 251 | 197 | 185 | 189 | 181 | 180 | 182 | 180 |
Goodwill | 18.6% | 756 | 637 | 637 | 633 | 627 | 629 | 598 | 605 | 600 | 551 | 479 | 454 | 405 | 396 | 356 | 326 | 326 | 319 | 308 | 302 | 292 |
Liabilities | 30.1% | 1,974 | 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 |
Current Liabilities | 16.9% | 361 | 308 | 336 | 307 | 333 | 367 | 436 | 473 | 496 | 433 | 409 | 329 | 300 | 227 | 253 | 219 | 236 | 187 | 202 | 205 | 218 |
Long Term Debt | 36.7% | 1,392 | 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 |
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 | 8.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 10.00 | 10.00 |
LT Debt, Non Current | -100.0% | - | 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 |
Shareholder's Equity | 1.3% | 1,059 | 1,045 | 1,031 | 997 | 970 | 955 | 947 | 898 | 800 | 768 | 692 | 643 | 595 | 559 | 526 | 493 | 495 | 497 | 480 | 459 | 429 |
Retained Earnings | 2.7% | 866 | 843 | 830 | 801 | 776 | 759 | 753 | 708 | 613 | 514 | 476 | 453 | 401 | 360 | 331 | 304 | 309 | 306 | 292 | 273 | 246 |
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 |
Shares Outstanding | -2.3% | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 23.00 | 23.00 | 23.00 | 23.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 1,700 | - | - | - | 1,150 | - | - | - | 1,700 | - | - | - | 1,200 | - | - | - | 1,100 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -69.4% | 35,176 | 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 |
Share Based Compensation | -5.1% | 5,460 | 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 |
Cashflow From Investing | -3245.3% | -370,724 | -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 |
Cashflow From Financing | 414.1% | 341,749 | -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 |
Dividend Payments | -100.0% | - | 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 | -100.0% | - | 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 | - |
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Apr. 02, 2023 | |
Income Statement [Abstract] | ||
NET SALES | $ 933,492 | $ 900,100 |
Cost of goods sold | 728,637 | 705,856 |
GROSS PROFIT | 204,855 | 194,244 |
Operating expenses: | ||
Warehouse and delivery | 37,449 | 35,845 |
Selling, general and administrative | 85,246 | 82,401 |
Amortization of intangible assets | 22,818 | 19,764 |
Total operating expenses | 145,513 | 138,010 |
OPERATING INCOME | 59,342 | 56,234 |
Interest expense, net | 20,090 | 18,484 |
Income before income taxes | 39,252 | 37,750 |
Income taxes | 4,159 | 7,577 |
NET INCOME | $ 35,093 | $ 30,173 |
BASIC EARNINGS PER COMMON SHARE (in dollars per share) | $ 1.62 | $ 1.40 |
DILUTED EARNINGS PER COMMON SHARE (in dollars per share) | $ 1.59 | $ 1.35 |
Weighted average shares outstanding - Basic (in shares) | 21,653 | 21,591 |
Weighted average shares outstanding - Diluted (in shares) | 22,080 | 22,512 |
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current Assets | ||
Cash and cash equivalents | $ 17,610 | $ 11,409 |
Trade and other receivables, net | 278,337 | 163,838 |
Inventories | 514,543 | 510,133 |
Prepaid expenses and other | 48,884 | 49,251 |
Total current assets | 859,374 | 734,631 |
Property, plant and equipment, net | 371,128 | 353,625 |
Operating lease right-of-use assets | 190,507 | 177,717 |
Goodwill | 755,729 | 637,393 |
Intangible assets, net | 848,753 | 651,153 |
Other non-current assets | 7,385 | 7,929 |
TOTAL ASSETS | 3,032,876 | 2,562,448 |
Current Liabilities | ||
Current maturities of long-term debt | 7,500 | 7,500 |
Current operating lease liabilities | 51,839 | 48,761 |
Accounts payable | 196,747 | 140,524 |
Accrued liabilities | 104,456 | 111,711 |
Total current liabilities | 360,542 | 308,496 |
Long-term debt, less current maturities, net | 1,392,099 | 1,018,356 |
Long-term operating lease liabilities | 142,799 | 132,444 |
Deferred tax liabilities, net | 67,903 | 46,724 |
Other long-term liabilities | 10,997 | 11,091 |
TOTAL LIABILITIES | 1,974,340 | 1,517,111 |
SHAREHOLDERS’ EQUITY | ||
Common stock | 193,930 | 203,258 |
Accumulated other comprehensive loss | (1,031) | (999) |
Retained earnings | 865,637 | 843,078 |
TOTAL SHAREHOLDERS’ EQUITY | 1,058,536 | 1,045,337 |
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $ 3,032,876 | $ 2,562,448 |