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Upturn AI SWOT - About
PATK 
Patrick Industries Inc (PATK)
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Upturn Advisory Summary
06/27/2025: PATK (3-star) is a STRONG-BUY. BUY since 31 days. Profits (7.21%). Updated daily EoD!
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Number of Analysts
9 Analysts rated it
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Year Target Price $97.33
Year Target Price $97.33
| 3 | Strong Buy |
| 4 | Buy |
| 1 | Hold |
| 0 | Under performing |
| 1 | Sell |
Analysis of Past Performance
Type Stock | Historic Profit 57.22% | Avg. Invested days 58 | Today’s Advisory Strong Buy |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 06/27/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.09B USD | Price to earnings Ratio 22.22 | 1Y Target Price 98 |
Price to earnings Ratio 22.22 | 1Y Target Price 98 | ||
Volume (30-day avg) - | Beta 1.2 | 52 Weeks Range 68.15 - 97.74 | Updated Date 06/29/2025 |
52 Weeks Range 68.15 - 97.74 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 1.73% | Basic EPS (TTM) 4.16 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 3.74% | Operating Margin (TTM) 6.53% |
Management Effectiveness
Return on Assets (TTM) 5.31% | Return on Equity (TTM) 12.87% |
Valuation
Trailing PE 22.22 | Forward PE 21.46 | Enterprise Value 4636036308 | Price to Sales(TTM) 0.82 |
Enterprise Value 4636036308 | Price to Sales(TTM) 0.82 | ||
Enterprise Value to Revenue 1.22 | Enterprise Value to EBITDA 10.7 | Shares Outstanding 33427300 | Shares Floating 31889959 |
Shares Outstanding 33427300 | Shares Floating 31889959 | ||
Percent Insiders 4.37 | Percent Institutions 110.54 |
Analyst Ratings
Rating 4 | Target Price 97.33 | Buy 4 | Strong Buy 3 |
Buy 4 | Strong Buy 3 | ||
Hold 1 | Sell 1 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Patrick Industries Inc
Company Overview
History and Background
Patrick Industries, Inc. was founded in 1959. Initially, it focused on distributing hardwood plywood. Over time, it has grown through organic expansion and acquisitions to become a major manufacturer and distributor of component solutions for the RV, marine, manufactured housing, and industrial markets.
Core Business Areas
- Manufacturing: This segment produces a wide range of products including decorative vinyl, wrapped profile moldings, cabinet doors, fiberglass profiles, countertops, fabricated aluminum products, and various components for the RV, marine, manufactured housing, and industrial markets.
- Distribution: This segment distributes a comprehensive selection of parts and components, including hardware, plumbing, electrical, flooring, roofing, and other essential materials needed by its customers.
Leadership and Structure
Todd Cleveland serves as the Chief Executive Officer. The company operates with a decentralized management structure, allowing individual business units to maintain operational autonomy while benefiting from centralized support functions.
Top Products and Market Share
Key Offerings
- RV Components: Includes interior components such as cabinets, furniture, and wall panels; exterior components like awnings and siding; and chassis components. Market share is significant but varies by specific component category; estimated around 20-30% overall in RV components. Competitors include Lippert (LCII), Dometic, and Dicor.
- Marine Components: Offers seating, upholstery, electrical systems, and other essential parts for boat builders. Market share is a leading player in the US, estimated 15-25% across the market. Competitors are Taylor Made Group, Brunswick Corporation (BC), and Dometic.
- Manufactured Housing Components: Supplies various construction materials and interior components to manufactured housing builders. Competitors include Nobia, Masco, and Fortune Brands.
Market Dynamics
Industry Overview
The RV, marine, and manufactured housing industries are cyclical, influenced by economic conditions, consumer confidence, and interest rates. Demand for outdoor recreational products and affordable housing drives market growth.
Positioning
Patrick Industries is a leading player in its target markets, known for its broad product portfolio, strong customer relationships, and efficient supply chain. Its competitive advantage lies in its scale, diversification, and value-added services.
Total Addressable Market (TAM)
Estimated TAM exceeds $50 billion across the RV, marine, and manufactured housing industries. Patrick Industries is well-positioned to capture a significant share of this market through organic growth and acquisitions.
Upturn SWOT Analysis
Strengths
- Diversified product portfolio
- Strong customer relationships
- Efficient supply chain
- Strategic acquisition strategy
- Extensive distribution network
Weaknesses
- Cyclical business model
- Dependence on housing and recreational vehicle markets
- Integration risks from acquisitions
- Potential for supply chain disruptions
Opportunities
- Further expansion into adjacent markets
- Increased demand for sustainable products
- Growth in the outdoor recreation market
- Acquisition of smaller competitors
- Development of innovative new products
Threats
- Economic downturns
- Rising raw material costs
- Increased competition
- Changes in government regulations
- Fluctuations in interest rates
Competitors and Market Share
Key Competitors
- LCII
- THO
- WGO
Competitive Landscape
Patrick Industries benefits from its scale, diversified product portfolio, and strong customer relationships. However, competitors such as Lippert (LCII) have significant market share and compete aggressively on price and product innovation.
Major Acquisitions
Teak Isle Manufacturing
- Year: 2021
- Acquisition Price (USD millions): 105
- Strategic Rationale: Expanded marine product offerings and manufacturing capabilities.
Coastal Cabinetworks
- Year: 2021
- Acquisition Price (USD millions): 28
- Strategic Rationale: Expanded presence in the manufactured housing market.
Growth Trajectory and Initiatives
Historical Growth: Patrick Industries has historically grown through a combination of organic expansion and strategic acquisitions.
Future Projections: Future growth projections depend on analyst estimates and macroeconomic forecasts. Placeholder value is included.
Recent Initiatives: Recent initiatives include strategic acquisitions to expand product offerings and market share, investments in manufacturing capacity, and efforts to improve operational efficiency.
Summary
Patrick Industries is a leading supplier to the RV, marine, and manufactured housing markets, exhibiting strong growth through acquisitions and a diversified product portfolio. Its performance is closely tied to the cyclical nature of these industries, requiring careful management of inventory and costs. The company should continue to focus on strategic acquisitions and product innovation to maintain its competitive advantage amidst economic fluctuations.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Industry Reports
- Analyst Estimates
- Company Website
Disclaimers:
The information provided is for informational purposes only and should not be construed as financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor. Financial data is based on estimates and may not be entirely accurate.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Patrick Industries Inc
Exchange NASDAQ | Headquaters Elkhart, IN, United States | ||
IPO Launch date 1978-01-13 | CEO & Chairman of the Board Mr. Andy L. Nemeth | ||
Sector Consumer Cyclical | Industry Furnishings, Fixtures & Appliances | Full time employees 10000 | Website https://ir.patrickind.com |
Full time employees 10000 | Website https://ir.patrickind.com | ||
Patrick Industries, Inc. manufactures and distributes component products and materials for the recreational vehicle, marine, powersports, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada. Its Manufacturing segment manufactures and sells laminated products for furniture, shelving, wall, countertop, and cabinet products; cabinet doors, fiberglass bath fixtures, and tile systems; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum products; fiberglass and plastic components; RV paintings; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinetry; polymer-based and other flooring products; and dash panels. This segment also provides wrapped vinyl, paper, and hardwood profile mouldings; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat towers, tops, trailers, and frames; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite parts, and marine hardware and accessories; slotwall panels and components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panels, drywall and finishing products, electronic and audio system components, appliances, and marine accessories; wiring, electrical, and plumbing products; fiber reinforced polyester products; and cement siding, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring products, shower doors, furniture, fireplaces and surrounds, interior and exterior lighting products, and other products. This segment also offers transportation and logistics services. Patrick Industries, Inc. was incorporated in 1959 and is based in Elkhart, Indiana.
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