By Mill Chart
Last update: Jan 17, 2024
Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if PATRICK INDUSTRIES INC (NASDAQ:PATK) is suited for quality investing. Investors should of course do their own research, but we spotted PATRICK INDUSTRIES INC showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.
ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.
Taking everything into account, PATK scores 6 out of 10 in our fundamental rating. PATK was compared to 42 industry peers in the Automobile Components industry. While PATK has a great profitability rating, there are some minor concerns on its financial health. PATK is valued correctly, but it does not seem to be growing.
Check the latest full fundamental report of PATK for a complete fundamental analysis.
More ideas for quality investing can be found on ChartMill 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.