Patrick Industries Stock Shares Outstanding

PK2 Stock  EUR 81.00  1.00  1.25%   
Patrick Industries fundamentals help investors to digest information that contributes to Patrick Industries' financial success or failures. It also enables traders to predict the movement of Patrick Stock. The fundamental analysis module provides a way to measure Patrick Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Patrick Industries stock.
  
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Patrick Industries Company Shares Outstanding Analysis

Patrick Industries' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Patrick Industries Shares Outstanding

    
  22.42 M  
Most of Patrick Industries' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Patrick Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Based on the latest financial disclosure, Patrick Industries has 22.42 M of shares currently outstending. This is 87.76% lower than that of the Consumer Cyclical sector and 58.4% lower than that of the Recreational Vehicles industry. The shares outstanding for all Germany stocks is 96.08% higher than that of the company.

Patrick Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Patrick Industries' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Patrick Industries could also be used in its relative valuation, which is a method of valuing Patrick Industries by comparing valuation metrics of similar companies.
Patrick Industries is rated below average in shares outstanding category among its peers.

Patrick Fundamentals

About Patrick Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Patrick Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Patrick Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Patrick Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Information and Resources on Investing in Patrick Stock

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 board of governors.
For more detail on how to invest in Patrick Stock please use our How to Invest in Patrick Industries guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.