Patrick Industries (PATK)
(Real Time Quote from BATS)
$140.63 USD
-2.35 (-1.64%)
Updated Sep 25, 2024 02:44 PM ET
3-Hold of 5 3
B Value A Growth B Momentum A VGM
Patrick Industries (PATK) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$131.38 | $165.00 | $95.00 | -8.11% |
Price Target
Based on short-term price targets offered by eight analysts, the average price target for Patrick Industries comes to $131.38. The forecasts range from a low of $95.00 to a high of $165.00. The average price target represents a decline of 8.11% from the last closing price of $142.98.
Analyst Price Targets (8 )
Broker Rating
Patrick Industries currently has an average brokerage recommendation (ABR) of 1.63 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by eight brokerage firms. The current ABR compares to an ABR of 1.63 a month ago based on eight recommendations.
Of the eight recommendations deriving the current ABR, six are Strong Buy, representing 75% of all recommendations. A month ago, Strong Buy represented 75%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 6 | 6 | 6 | 5 | 5 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 1 | 1 | 1 | 1 | 1 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.63 | 1.63 | 1.63 | 1.71 | 1.71 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/29/2024 | The Benchmark Company | Michael Albanese | Not Available | Strong Buy |
8/6/2024 | Roth Capital Partners | Scott Stember | Strong Buy | Strong Buy |
8/5/2024 | D.A. Davidson | Brandon Rolle | Hold | Hold |
8/2/2024 | Truist Securities | Michael A Swartz | Strong Buy | Strong Buy |
8/2/2024 | BMO Capital Markets | Tristan M Thomas-Martin | Strong Buy | Strong Buy |
8/2/2024 | Robert W. Baird & Co. | Craig R Kennison | Strong Buy | Strong Buy |
2/9/2024 | KeyBanc Capital Markets | Noah Zatzkin | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.63 |
ABR (Last week) | 1.63 |
# of Recs in ABR | 8 |
Average Target Price | $131.38 |
LT Growth Rate | 17.00% |
Industry | Building Products - Mobile Homes and RV Builders |
Industry Rank by ABR | 167 of 253 |
Current Quarter EPS Est: | 1.89 |
PATK FAQs
Patrick Industries, Inc. (PATK) currently has an average brokerage recommendation (ABR) of 1.63 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 8 brokerage firms.
The average price target for Patrick Industries, Inc. (PATK) is $131.38. The current on short-term price targets is based on 3 reports.
The forecasts for Patrick Industries, Inc. (PATK) range from a low of $95 to a high of $165. The average price target represents a decline of $8.11 from the last closing price of $142.98.
The current DOWNSIDE for Patrick Industries, Inc. (PATK) is 8.11%
Based on short-term price targets offered by eight analysts, the average price target for Patrick Industries comes to $131.38. The forecasts range from a low of $95.00 to a high of $165.00. The average price target represents a decline of 8.11% from the last closing price of $142.98.