By Mill Chart
Last update: Aug 29, 2023
In this article we will dive into PATRICK INDUSTRIES INC (NASDAQ:PATK) as a possible candidate for quality investing. Investors should always do their own research, but we noticed PATRICK INDUSTRIES INC showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.
Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.
Overall PATK gets a fundamental rating of 6 out of 10. We evaluated PATK against 42 industry peers in the Automobile Components industry. While PATK belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. PATK has a bad growth rate and is valued cheaply. This makes PATK very considerable for value investing!
Our latest full fundamental report of PATK contains the most current fundamental analsysis.
More quality stocks can be found in our Caviar Cruise screen.
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.
PATRICK INDUSTRIES INC
NASDAQ:PATK (4/18/2024, 7:13:01 PM)
After market: 102.64 0 (0%)102.64
-1.56 (-1.5%)
/PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), today announced that it will release its first quarter 2024 financial...
/PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and...
/PRNewswire/ -- Rockford Fosgate, the industry leader in high-performance audio systems, is excited to announce the addition of Doug Dobson as Digital...
/PRNewswire/ -- Rockford Fosgate, the industry leader in high-performance audio systems, is excited to announce the addition of Derek Schmiedl as Director of...
/PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and...
/PRNewswire/ -- Rockford Fosgate, the industry leader in high-performance audio systems, is excited to announce the addition of Jordan Beecham as Regional...
Patrick Industries Inc. reports Q4 2023 results with a GAAP EPS of $1.41, beating estimates by $0.05, while revenue of $781M remains in line with...
Fourth Quarter and Full Year 2023 Highlights (compared to Fourth Quarter 2022 unless otherwise noted) Fourth quarter net sales of $781 million decreased 18% as...
/PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and...
Patrick Industries (PATK) is set to acquire Sportech for $315M, a leading designer and manufacturer of component solutions for the powersports industry.