Patrick Industries (PATK) Stock Forecast, Price Target & Predictions
PATK Stock Forecast
Patrick Industries (PATK) stock forecast, based on 13 Wall Street analysts, predicts a 12-month average price target of $117.00, with a high of $150.00 and a low of $96.00. This represents a 44.18% increase from the last price of $81.15.
PATK Stock Rating
Patrick Industries stock's rating consensus is Buy, based on 13 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 11 Buy (84.62%), 2 Hold (15.38%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
PATK Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Patrick Industries | 44.18% |
Sector | Consumer Cyclical Stocks | 27.75% |
Industry | Furnishings, Fixtures & Appliances Stocks | 51.86% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 1 | 8 |
Avg Price Target | $96.00 | $96.00 | $127.00 |
Last Closing Price | $81.15 | $81.15 | $81.15 |
Upside/Downside | 18.30% | 18.30% | 56.50% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Apr, 25 | 4 | 4 | 1 | - | 1 | 10 |
Mar, 25 | 4 | 4 | 1 | - | 1 | 10 |
Feb, 25 | 4 | 4 | 1 | - | 1 | 10 |
Jan, 25 | 4 | 4 | 1 | - | 1 | 10 |
Dec, 24 | 4 | 4 | 1 | - | 1 | 10 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Apr 04, 2025 | Robert W. Baird | $96.00 | $78.60 | 22.14% | 18.30% | |
Jan 07, 2025 | Michael Swartz | Truist Financial | $105.00 | $82.82 | 26.78% | 29.39% |
Oct 23, 2024 | Noah Zatzkin | KeyBanc | $150.00 | $134.91 | 11.19% | 84.84% |
Sep 20, 2024 | Michael Swartz | Truist Financial | $165.00 | $146.42 | 12.69% | 103.33% |
Aug 05, 2024 | Brandon Rolle | D.A. Davidson | $114.00 | $120.60 | -5.47% | 40.48% |
Aug 02, 2024 | Noah Zatzkin | KeyBanc | $135.00 | $125.81 | 7.30% | 66.36% |
May 06, 2024 | Scott Stember | Roth Capital | $126.00 | $111.13 | 13.38% | 55.27% |
May 03, 2024 | Tristan Thomas-Martin | BMO Capital | $125.00 | $110.34 | 13.29% | 54.04% |
Sep 23, 2022 | Michael Swartz | Truist Financial | $65.00 | $45.66 | 42.36% | -19.90% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Dec 04, 2024 | Bank of America Securities | Underperform | Underperform | hold |
Oct 23, 2024 | Raymond James | Underperform | Underperform | hold |
Oct 23, 2024 | KeyBanc | Overweight | Overweight | hold |
Oct 01, 2024 | Raymond James | Outperform | initialise | |
Sep 30, 2024 | Oppenheimer | Outperform | initialise | |
Sep 17, 2024 | Benchmark | Underperform | Underperform | hold |
Sep 17, 2024 | Benchmark | Buy | Buy | hold |
Aug 29, 2024 | Benchmark | Buy | initialise | |
Aug 02, 2024 | BMO Capital | Outperform | Outperform | hold |
Aug 02, 2024 | KeyBanc | Overweight | Overweight | hold |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $4.27 | $9.87 | $14.82 | $6.65 | $4.25 | - | - |
Avg Forecast | $4.03 | $8.99 | $8.89 | $4.30 | $4.30 | $5.28 | $6.45 |
High Forecast | $4.11 | $9.17 | $9.07 | $4.44 | $4.37 | $5.39 | $6.61 |
Low Forecast | $3.91 | $8.72 | $8.75 | $4.17 | $4.19 | $5.23 | $6.26 |
Surprise % | 5.96% | 9.79% | 66.70% | 54.65% | -1.16% | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $2.49B | $4.08B | $4.88B | $3.47B | $3.72B | - | - |
Avg Forecast | $2.41B | $3.94B | $4.87B | $3.47B | $3.69B | $3.92B | $4.22B |
High Forecast | $2.45B | $4.00B | $4.94B | $3.49B | $3.70B | $3.99B | $4.22B |
Low Forecast | $2.36B | $3.85B | $4.81B | $3.45B | $3.68B | $3.87B | $4.22B |
Surprise % | 3.03% | 3.54% | 0.34% | 0.00% | 0.83% | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $97.06M | $224.91M | $328.20M | $142.90M | $138.40M | - | - |
Avg Forecast | $74.76M | $151.82M | $279.92M | $142.90M | $94.36M | $116.96M | $141.75M |
High Forecast | $89.72M | $182.18M | $335.91M | $171.48M | $96.35M | $118.80M | $145.58M |
Low Forecast | $59.81M | $121.45M | $223.94M | $114.32M | $92.37M | $115.13M | $137.92M |
Surprise % | 29.82% | 48.15% | 17.25% | - | 46.67% | - | - |