Patrick

PATK

Update 160428
Patrick Industries, Inc. currently has a P/E ratio of 17.33 and market capitalization is 721.90M. In the last earnings report the EPS was $2.72 and is estimated to be $3.25 for the current year with 15,314,000 shares currently outstanding. Next quarter’s EPS is forecasted at $1.02 with next year’s EPS anticipated to be $3.66.

Patrick Industries, Inc. (Patrick) is a manufacturer and distributor of building products and materials to the recreational vehicle (RV) and manufactured housing (MH) industries. In addition, it is a supplier to certain other industrial markets, such as kitchen cabinet, household furniture, fixtures and commercial furnishings, marine, and other industrial markets. Patrick manufactures a variety of products, including decorative vinyl and paper panels, wrapped moldings, interior passage doors, cabinet doors and components, slotwall and slotwall components, and countertops. It is also a wholesale distributor of pre-finished wall and ceiling panels, drywall and drywall finishing products, electronics, adhesives, cement siding, interior passage doors, roofing products, laminate flooring, and other miscellaneous products. It operates in two segments: Manufacturing and Distribution.     

Fair value: $41

Discount: 20%

Average yearly return: 89%

TOP-performer

BUY