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Patrick Industries (PATK) Competitors

Patrick Industries logo
$82.89 -0.63 (-0.75%)
(As of 12/20/2024 05:31 PM ET)

PATK vs. SSD, UFPI, AWI, GFF, ROCK, APOG, NX, AMWD, IIIN, and LII

Should you be buying Patrick Industries stock or one of its competitors? The main competitors of Patrick Industries include Simpson Manufacturing (SSD), UFP Industries (UFPI), Armstrong World Industries (AWI), Griffon (GFF), Gibraltar Industries (ROCK), Apogee Enterprises (APOG), Quanex Building Products (NX), American Woodmark (AMWD), Insteel Industries (IIIN), and Lennox International (LII). These companies are all part of the "building products" industry.

Patrick Industries vs.

Simpson Manufacturing (NYSE:SSD) and Patrick Industries (NASDAQ:PATK) are both mid-cap construction companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, institutional ownership, community ranking, profitability, dividends, valuation, analyst recommendations, earnings and media sentiment.

Simpson Manufacturing pays an annual dividend of $1.12 per share and has a dividend yield of 0.7%. Patrick Industries pays an annual dividend of $1.60 per share and has a dividend yield of 1.9%. Simpson Manufacturing pays out 14.8% of its earnings in the form of a dividend. Patrick Industries pays out 34.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

In the previous week, Simpson Manufacturing and Simpson Manufacturing both had 5 articles in the media. Simpson Manufacturing's average media sentiment score of 1.74 beat Patrick Industries' score of 0.32 indicating that Simpson Manufacturing is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Simpson Manufacturing
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Patrick Industries
1 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Patrick Industries received 100 more outperform votes than Simpson Manufacturing when rated by MarketBeat users. Likewise, 63.06% of users gave Patrick Industries an outperform vote while only 57.07% of users gave Simpson Manufacturing an outperform vote.

CompanyUnderperformOutperform
Simpson ManufacturingOutperform Votes
226
57.07%
Underperform Votes
170
42.93%
Patrick IndustriesOutperform Votes
326
63.06%
Underperform Votes
191
36.94%

Simpson Manufacturing has a net margin of 14.51% compared to Patrick Industries' net margin of 4.24%. Simpson Manufacturing's return on equity of 18.29% beat Patrick Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Simpson Manufacturing14.51% 18.29% 11.59%
Patrick Industries 4.24%14.84%5.49%

93.7% of Simpson Manufacturing shares are held by institutional investors. Comparatively, 93.3% of Patrick Industries shares are held by institutional investors. 0.4% of Simpson Manufacturing shares are held by insiders. Comparatively, 4.7% of Patrick Industries shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Simpson Manufacturing has higher earnings, but lower revenue than Patrick Industries. Patrick Industries is trading at a lower price-to-earnings ratio than Simpson Manufacturing, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Simpson Manufacturing$2.22B3.20$353.99M$7.5722.22
Patrick Industries$3.65B0.76$142.90M$4.6417.86

Simpson Manufacturing has a beta of 1.32, suggesting that its stock price is 32% more volatile than the S&P 500. Comparatively, Patrick Industries has a beta of 2.24, suggesting that its stock price is 124% more volatile than the S&P 500.

Simpson Manufacturing presently has a consensus price target of $218.00, suggesting a potential upside of 29.59%. Patrick Industries has a consensus price target of $93.25, suggesting a potential upside of 12.50%. Given Simpson Manufacturing's stronger consensus rating and higher possible upside, research analysts plainly believe Simpson Manufacturing is more favorable than Patrick Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Simpson Manufacturing
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Patrick Industries
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.88

Summary

Simpson Manufacturing beats Patrick Industries on 12 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PATK vs. The Competition

MetricPatrick IndustriesMotor vehicle parts & accessories IndustryConstruction SectorNASDAQ Exchange
Market Cap$2.78B$2.71B$8.75B$9.08B
Dividend Yield1.82%3.89%1.87%4.21%
P/E Ratio11.9112.0927.6617.15
Price / Sales0.762.812.27116.80
Price / Cash10.167.9322.2237.88
Price / Book1.762.436.184.78
Net Income$142.90M$197.94M$516.58M$225.60M
7 Day Performance-38.41%-6.54%-4.46%-1.21%
1 Month Performance-6.70%0.04%-4.94%3.09%
1 Year Performance25.85%-12.19%36.24%16.48%

Patrick Industries Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PATK
Patrick Industries
4.3812 of 5 stars
$82.89
-0.8%
$93.25
+12.5%
+27.1%$2.78B$3.65B11.9110,000High Trading Volume
SSD
Simpson Manufacturing
4.3142 of 5 stars
$185.31
+0.5%
$218.00
+17.6%
-12.7%$7.81B$2.21B24.365,497Positive News
UFPI
UFP Industries
4.8983 of 5 stars
$125.69
-0.9%
$148.00
+17.8%
-7.9%$7.63B$7.22B17.4515,800Positive News
AWI
Armstrong World Industries
4.483 of 5 stars
$153.66
+0.0%
$140.83
-8.3%
+46.8%$6.70B$1.39B27.053,100Positive News
GFF
Griffon
4.6137 of 5 stars
$78.80
+0.4%
$89.25
+13.3%
+28.4%$3.77B$2.62B18.565,300Positive News
ROCK
Gibraltar Industries
3.6888 of 5 stars
$66.73
-0.4%
N/A-23.2%$2.02B$1.38B18.612,110Analyst Downgrade
APOG
Apogee Enterprises
3.5239 of 5 stars
$77.36
+0.7%
$75.00
-3.1%
+37.6%$1.70B$1.38B16.174,400Analyst Downgrade
NX
Quanex Building Products
4.9816 of 5 stars
$28.24
+0.3%
$38.00
+34.6%
-17.7%$1.33B$1.28B25.213,792Analyst Revision
News Coverage
AMWD
American Woodmark
4.1904 of 5 stars
$84.26
+0.0%
$114.00
+35.3%
-12.7%$1.27B$1.85B12.568,600Insider Trade
Positive News
IIIN
Insteel Industries
1.3726 of 5 stars
$30.14
+1.8%
N/A-24.1%$586.28M$529.20M29.91884News Coverage
LII
Lennox International
4.2477 of 5 stars
$676.93
+1.9%
$579.38
-14.4%
+44.1%$24.11B$4.98B31.5512,600

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This page (NASDAQ:PATK) was last updated on 12/21/2024 by MarketBeat.com Staff
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