Patrick Industries Inc (PATK) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Patrick Industries Inc (PATK) stock forecast summary
Our AI ranks Patrick Industries Inc outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Patrick Industries Inc is a mid-cap company with a market capitalization of $2.19B. It ranks number 14 by market capitalization among the 35 Motor Vehicle Parts & Accessories issuers in our coverage with a current forecast.
For PATK, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 18.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 4.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How PATK ranks among 5172 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Patrick Industries Inc (PATK) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Motor Vehicle Parts & Accessories peers listed below that report each metric.
Valuation & Market
| Metric | PATK | Rank |
|---|---|---|
| Market Cap | $2.19B | 14/35 |
| P/E Ratio | 16.16x | 12/20 |
| P/B Ratio | 1.93x | 10/30 |
| Dividend Yield | 2.72% | 5/12 |
| EPS | $4.21 | – |
| Book Value/Share | $35.22 | – |
| Revenue/Share | $122.63 | – |
| FCF/Share | $3.98 | – |
Profitability & Margins
| Metric | PATK | Rank |
|---|---|---|
| ROE | 13.0% | 6/25 |
| ROA | 4.6% | 9/29 |
| ROIC | 9.4% | 8/27 |
| Gross Margin | 23.1% | 12/34 |
| Operating Margin | 6.7% | 10/31 |
| Net Margin | 3.7% | 10/30 |
| EBT Margin | 4.9% | 14/35 |
| Tax Rate | 23.1% | – |
Financial Health
| Metric | PATK | Rank |
|---|---|---|
| Current Ratio | 2.67x | 8/34 |
| Quick Ratio | 0.96x | 23/33 |
| D/E Ratio | 1.84x | 13/31 |
| Financial Leverage | 2.84x | 11/29 |
| Interest Coverage | 2.6x | 13/27 |
| Working Capital | $639M | 15/34 |
Cash Flow
| Metric | PATK | Rank |
|---|---|---|
| Operating Cash Flow | $209M | 17/34 |
| Free Cash Flow | $128M | 13/27 |
| Capital Spending | -$81M | 16/27 |
| OCF Growth YoY | -39.2% | 22/25 |
| FCF Growth YoY | -51.2% | 17/22 |
| FCF/Sales | 3.2% | 13/27 |
| CapEx/Sales | 2.1% | 17/27 |
Operational Efficiency
| Metric | PATK | Rank |
|---|---|---|
| Asset Turnover | 1.23x | 8/26 |
| Receivables Turnover | 14.2x | 2/23 |
| Inventory Turnover | 4.6x | 17/31 |
| Fixed Assets Turnover | 9.6x | 10/27 |
| Days Sales Outstanding | 26 days | 22/23 |
| Days Inventory | 79 days | 15/32 |
| Payables Period | 27 days | 28/29 |
| Cash Conversion Cycle | 77 days | 11/21 |
Income Statement
| Metric | PATK | Rank |
|---|---|---|
| Total Revenue | $3.94B | 10/28 |
| Operating Income | $265M | 10/31 |
| Net Income | $147M | 11/30 |
| SG&A Expense | $364M | 14/29 |
| Cost of Goods Sold | $3.03B | 10/34 |
Dividend & Shareholder Information
| Metric | PATK | Rank |
|---|---|---|
| Dividends Per Share | $1.85 | – |
| Payout Ratio | 43.9% | 3/12 |
| Shares Outstanding | 32M | – |
| Net Income Growth | 16.8% | 8/18 |
| EPS Growth | 14.4% | 7/20 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $1.02B | 31.8% of assets |
| Cash & Short-term Investments | $29M | 0.9% of assets |
| Accounts Receivable | $277M | 8.6% of assets |
| Inventory | $653M | 20.3% of assets |
| Total Liabilities | $2.08B | 64.8% of assets |
| Short-term Debt | $159M | 4.9% of assets |
PATK quarterly financials and insider trading
Patrick Industries Inc (PATK) industry peers
Companies classified under the same SEC industry code as Patrick Industries Inc (Motor Vehicle Parts & Accessories): 36 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| PATK Patrick Industries Inc | ▼ | $2.19B |
| MGA Magna International Inc | ▼ | $18.49B |
| BWA Borgwarner Inc | ▶ | $11.84B |
| APTV Aptiv Plc | ▼ | $9.31B |
| ALSN Allison Transmission Holdings Inc | ▶ | $9.23B |
| ALV Autoliv Inc | ▶ | $8.49B |
| MOD Modine Manufacturing Co | ▶ | $7.91B |
| LEA Lear Corp | ▶ | $5.92B |
| GTX Garrett Motion Inc. | ▶ | $4.75B |
| GNTX Gentex Corp | ▶ | $4.43B |
| DORM Dorman Products, Inc. | ▶ | $3.68B |
| VGNT Versigent Plc | ▶ | $3.13B |
| DAN Dana Inc | ▼ | $3.12B |
| VC Visteon Corp | ▼ | $2.33B |
| PHIN Phinia Inc. | ▶ | $2.12B |
| LCII Lci Industries | ▼ | $2.04B |
| THRM Gentherm Inc | ▶ | $1.58B |
| ADNT Adient Plc | ▶ | $1.40B |
| DCH Dauch Corp | ▲ | $1.15B |
| SMP Standard Motor Products, Inc. | ▶ | $825M |
| AEVA Aeva Technologies, Inc. | ▲ | $699M |
| CPS Cooper-Standard Holdings Inc. | ▲ | $370M |
| SCTH Securetech Innovations, Inc. | ▶ | $325M |
| HLLY Holley Inc. | ▲ | $302M |
| STRT Strattec Security Corp | ▶ | $241M |
| MPAA Motorcar Parts Of America Inc | ▶ | $195M |
| SRI Stoneridge Inc | ▶ | $173M |
| ECXJ Cxj Group Co., Ltd | ▶ | $132M |
| CVGI Commercial Vehicle Group, Inc. | ▼ | $117M |
| INVZ Innoviz Technologies Ltd. | ▲ | $81M |
| XOS Xos, Inc. | ▶ | $43M |
| LIDR Aeye, Inc. | ▼ | $41M |
| AZIO Azio Ai Holdings, Inc. | ▼ | $16M |
| WKSP Worksport Ltd | ▶ | $6M |
| OMTK Omnitek Engineering Corp | ▼ | $590K |
| ATVK Globaltek Ventures, Inc. | ▼ | N/A |
Where PATK sits on the market map
Patrick Industries Inc (PATK) stock news
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Patrick Industries Inc (PATK) stock forecast FAQ
What is the Patrick Industries Inc (PATK) stock forecast?
Our AI ranks Patrick Industries Inc outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Patrick Industries Inc stock predictions?
For PATK, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 18.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 4.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Patrick Industries Inc forecasts updated?
Patrick Industries Inc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Patrick Industries Inc's industry peers?
36 issuers in our coverage, PATK included, share the SEC industry code Motor Vehicle Parts & Accessories. The largest are: Magna International Inc (MGA), Borgwarner Inc (BWA), Aptiv Plc (APTV), Allison Transmission Holdings Inc (ALSN), Autoliv Inc (ALV), Modine Manufacturing Co (MOD).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.