Patrick Industries Inc (PATK) Stock Forecast & Price Target
Patrick Industries Inc · NASDAQ
$80.40-2.44 (-2.95%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 6 firms covering Patrick Industries Inc, 5 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets span $99.00 to $150.00, a moderate spread. The average target of $121.17 sits 51% above the current $80.40. The rating mix has stayed broadly stable, with Buy-side ratings easing from 6 to 5 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.84 next quarter toward $5.34 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS6 ratings
Strong Buy
Strong Buy00%
Buy583%
Hold117%
Sell00%
Strong Sell00%
Based on 6 analysts giving stock ratings to Patrick Industries Inc.
As of Sep, 5 of 6 firms rate PATK a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
PATK EPS & revenue forecast
EPS · NEXT QUARTER
$0.84
Range $0.77 – $0.91 · 9 analysts · -0% YoY
Next period, 9 analysts expect Patrick Industries Inc to earn $0.84 a share (range $0.77 – $0.91), versus $0.84 a year earlier. Full-year consensus is $4.29, growing to $5.34 the year after.
REVENUE · NEXT QUARTER
$895.3M
Range $857.6M – $907.9M · 9 analysts · -3% YoY
Revenue is expected to reach $895.3M (range $857.6M – $907.9M), -3.1% year-over-year. Full-year consensus is $3.9B, rising to $4.1B next year.
Top analysts covering Patrick Industries Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on PATK.
#1
CK
Craig Kennison
Baird · Rank #405
Hold
$96.00+19.4% to target
Overall win rate
24%
+ Follow
#2
Michael Swartz
Truist Securities · Rank #433
Buy
$114.00+41.8% to target
Overall win rate
23%
+ Follow
#3
NZ
Noah Zatzkin
Keybanc
Buy
$115.00+43.0% to target
Coverage
—
+ Follow
#4
MA
Michael Albanese
Benchmark
Buy
$115.00+43.0% to target
Coverage
—
+ Follow
#5
TT
Tristan Thomas-Martin
BMO Capital
Buy
$120.00+49.3% to target
Coverage
—
+ Follow
PATK stock forecast FAQ
What is PATK's average 12-month price target?+
The 6 analysts with a live target average $121.17 for Patrick Industries Inc over the next 12 months, ranging from a $150.00 high to a $99.00 low.
Is PATK stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 6 analyst ratings, 5 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for PATK?+
The Street-high target is $150.00 (BMO Capital), and the Street-low is $99.00 (Loop Capital). The average of all 6 active targets is $121.17.
How many Wall Street analysts cover PATK?+
6 analysts have an active rating on Patrick Industries Inc, and 6 firms carry a live 12-month price target.
Who is the most accurate analyst covering PATK?+
Among analysts who currently cover PATK, Craig Kennison of Baird has the strongest overall Quantellect track record (Rank #405). Their current call is Hold with a $96.00 target.
What is Patrick Industries Inc's projected EPS for next quarter?+
The consensus estimate is $0.84 per share (range $0.77 – $0.91) across 9 analysts. Full-year EPS is projected at $4.29, rising to $5.34 the following year.
How much revenue is Patrick Industries Inc expected to report next quarter?+
Consensus revenue is $895.3M (range $857.6M – $907.9M). Full-year revenue is projected at $3.9B, growing to $4.1B next year.
Have analysts been upgrading or downgrading PATK lately?+
As of Sep, 5 of 6 firms rate PATK a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their PATK calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
