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Patrick Industries (PATK)

(Real Time Quote from BATS)

$119.07 USD

119.07
128,337

+3.94 (3.42%)

Updated Nov 5, 2024 02:27 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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5-Strong Sell of 5         5

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value C Growth B Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 18% (204 out of 250)

Industry: Building Products - Mobile Homes and RV Builders

Zacks News

Owens Corning (OC) Up 8% Since Earnings: More Upside Left?

Solid demand and focus on expanding its global product offerings to help Owens Corning (OC) to continue its bull run.

Shrabana Mukherjee headshot

New Analysts Initiate Coverage: Top 5 Stocks on Radar

Increased analyst coverage over the past few weeks may lead to solid price appreciation for stocks like Bancolombia (CIB), Lantheus (LNTH), A-Mark (AMRK), Patrick (PATK) and LCI (LCII).

KBR Secures Green Ammonia Technology Deal for Japan's JGC

The latest contract is likely to enable KBR to utilize its green ammonia technology for Japan's NEDO project to decarbonize our planet.

Johnson Controls (JCI) Q2 Earnings In Line, '22 EPS View Cut

Johnson Controls (JCI) envisions fiscal 2022 EPS in the band of $2.95-$3.05, implying an 11-15% jump on a year-over-year basis but down from the prior guided range of $3.22-$3.32.

Can Patrick Industries (PATK) Run Higher on Rising Earnings Estimates?

Patrick Industries (PATK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Wall Street Analysts Believe Patrick Industries (PATK) Could Rally 54%: Here's is How to Trade

The average of price targets set by Wall Street analysts indicates a potential upside of 53.6% in Patrick Industries (PATK). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Is Patrick Industries (PATK) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Best Value Stocks to Buy for May 4th

PANL, GASS, and PATK made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 4, 2022.

New Strong Buy Stocks for May 4th

WIRE, CNX, PATK, BZH, and GASS have been added to the Zacks Rank #1 (Strong Buy) List on May 4, 2022.

Benjamin Rains headshot

Find Strong Stocks to Buy in May with New Analyst Coverage

Investors who decide to stay on the hunt for stocks might want to utilize our new analyst coverage screen to help find potential winners in May...

Patrick Industries (PATK) Q1 Earnings and Revenues Beat Estimates

Patrick Industries (PATK) delivered earnings and revenue surprises of 57.09% and 11.93%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Construction Stock Earnings Lineup on Apr 28: EME, KBR & More

The sector's Q1 performance is likely to reflect solid housing demand. Intense inflationary pressure stemming from supply chain disruptions might have been a risk.

Patrick Industries (PATK) Reports Next Week: Wall Street Expects Earnings Growth

Patrick Industries (PATK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Best Value Stocks to Buy for April 5th

PATK, ASO, and GIII made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 5, 2022.

Should Value Investors Buy Patrick Industries (PATK) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Wall Street Analysts Predict a 49% Upside in Patrick Industries (PATK): Here's What You Should Know

The consensus price target hints at a 48.8% upside potential for Patrick Industries (PATK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Is Patrick Industries (PATK) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Why Patrick Industries (PATK) Might be Well Poised for a Surge

Patrick Industries (PATK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Patrick Industries (PATK) Climb 50% to Reach the Level Wall Street Analysts Expect?

The consensus price target hints at a 49.6% upside potential for Patrick Industries (PATK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Is Patrick Industries (PATK) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Best Income Stocks to Buy for February 15th

TGH, PATK, and COLM made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 15, 2022

Best Value Stocks to Buy for February 15th

CPG, TGH, and PATK made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 15, 2022

New Strong Buy Stocks for February 15th

BCC, COLM, DIOD, PATK, and TGH have been added to the Zacks Rank #1 (Strong Buy) List on February 15, 2022.

Patrick Industries (PATK) Q4 Earnings and Revenues Surpass Estimates

Patrick Industries (PATK) delivered earnings and revenue surprises of 24.39% and 9.44%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Cavco (CVCO) Beats Q3 Earnings and Revenue Estimates

Cavco (CVCO) delivered earnings and revenue surprises of 75.66% and 7.63%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?