Jacob Petkovich - Patrick Industries CFO, Officer

PATK Stock  USD 135.45  2.19  1.64%   

Insider

Jacob Petkovich is CFO, Officer of Patrick Industries
Age 50
Address 107 West Franklin Street, Elkhart, IN, United States, 46515
Phone574 294 7511
Webhttps://ir.patrickind.com

Patrick Industries Management Efficiency

The company has return on total asset (ROA) of 0.0597 % which means that it generated a profit of $0.0597 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1432 %, meaning that it created $0.1432 on every $100 dollars invested by stockholders. Patrick Industries' management efficiency ratios could be used to measure how well Patrick Industries manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Patrick Industries' Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.06 this year, although the value of Return On Capital Employed will most likely fall to 0.07. At this time, Patrick Industries' Total Current Liabilities is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 2.7 B this year, although the value of Non Current Liabilities Other will most likely fall to about 10.5 M.
Patrick Industries currently holds 1.21 B in liabilities with Debt to Equity (D/E) ratio of 1.59, which is about average as compared to similar companies. Patrick Industries has a current ratio of 2.49, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Patrick Industries' use of debt, we should always consider it together with its cash and equity.

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Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, China, and Canada. The company was founded in 1959 and is headquartered in Elkhart, Indiana. Patrick Inds operates under Furnishings, Fixtures Appliances classification in the United States and is traded on NASDAQ Exchange. It employs 12000 people. Patrick Industries (PATK) is traded on NASDAQ Exchange in USA. It is located in 107 West Franklin Street, Elkhart, IN, United States, 46515 and employs 10,000 people. Patrick Industries is listed under Building Products category by Fama And French industry classification.

Management Performance

Patrick Industries Leadership Team

Elected by the shareholders, the Patrick Industries' board of directors comprises two types of representatives: Patrick Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Patrick. The board's role is to monitor Patrick Industries' management team and ensure that shareholders' interests are well served. Patrick Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Patrick Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Jacob Petkovich, CFO, Officer
Attorney Duthie, Chief VP
Charlie Roeder, Executive Officer
Todd Cleveland, CEO and Director
Steve OHara, Vice Relations
Julie Kotowski, Director Relations
Hugo Gonzalez, Executive Officer
Andy Nemeth, CEO Director
Matthew Filer, Senior Controller
Stacey Amundson, Executive Officer
Andy Roeder, Executive CFO
Jeffrey Rodino, COO and Executive VP of Sales
Andrew Roeder, Executive CFO
Todd Gongwer, Executive Culture
Doyle Stump, Executive Innovation
Kip Ellis, Executive Vice President - Operations, COO

Patrick Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Patrick Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Patrick Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Patrick Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Patrick Industries Stock. Highlighted below are key reports to facilitate an investment decision about Patrick Industries Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patrick Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
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Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patrick Industries. If investors know Patrick will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patrick Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
2.2
Earnings Share
6.96
Revenue Per Share
168.682
Quarterly Revenue Growth
0.062
The market value of Patrick Industries is measured differently than its book value, which is the value of Patrick that is recorded on the company's balance sheet. Investors also form their own opinion of Patrick Industries' value that differs from its market value or its book value, called intrinsic value, which is Patrick Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patrick Industries' market value can be influenced by many factors that don't directly affect Patrick Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Patrick Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patrick Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patrick Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.