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Patrick Industries

PATKNASDAQ
Logo brought to you by Benzinga Data
$146.24
-0.18-0.12%
Last update: 3:00 PM
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$165.00
Lowest Price Target1
$66.00
Consensus Price Target1
$121.00

Patrick Industries (NASDAQ:PATK) Stock, Analyst Ratings, Price Targets, Forecasts

Patrick Industries Inc has a consensus price target of $121 based on the ratings of 9 analysts. The high is $165 issued by Truist Securities on September 20, 2024. The low is $66 issued by MKM Partners on October 3, 2022. The 3 most-recent analyst ratings were released by Truist Securities, Benchmark, and Benchmark on September 20, 2024, September 17, 2024, and August 29, 2024, respectively. With an average price target of $151.67 between Truist Securities, Benchmark, and Benchmark, there's an implied 3.71% upside for Patrick Industries Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Apr
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Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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3.7
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Truist Securities
Benchmark
DA Davidson
BMO Capital
Keybanc

1calculated from analyst ratings

Analyst Ratings for Patrick Industries

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Patrick Industries (PATK) stock?

A

The latest price target for Patrick Industries (NASDAQ:PATK) was reported by Truist Securities on September 20, 2024. The analyst firm set a price target for $165.00 expecting PATK to rise to within 12 months (a possible 12.83% upside). 18 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Patrick Industries (PATK)?

A

The latest analyst rating for Patrick Industries (NASDAQ:PATK) was provided by Truist Securities, and Patrick Industries maintained their buy rating.

Q

When was the last upgrade for Patrick Industries (PATK)?

A

There is no last upgrade for Patrick Industries

Q

When was the last downgrade for Patrick Industries (PATK)?

A

There is no last downgrade for Patrick Industries.

Q

When is the next analyst rating going to be posted or updated for Patrick Industries (PATK)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Patrick Industries, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Patrick Industries was filed on September 20, 2024 so you should expect the next rating to be made available sometime around September 20, 2025.

Q

Is the Analyst Rating Patrick Industries (PATK) correct?

A

While ratings are subjective and will change, the latest Patrick Industries (PATK) rating was a maintained with a price target of $150.00 to $165.00. The current price Patrick Industries (PATK) is trading at is $146.24, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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