Patrick Industries (Germany) Today

PK2 Stock  EUR 80.00  0.50  0.63%   

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Patrick Industries is trading at 80.00 as of the 28th of December 2024. This is a 0.63 percent increase since the beginning of the trading day. The stock's lowest day price was 79.5. Patrick Industries has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days.Patrick Industries has reported 2 for 3 split on 16th of December 2024. The performance scores are derived for the period starting the 28th of November 2024 and ending today, the 28th of December 2024. Click here to learn more.
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 and Canada. The company was founded in 1959 and is headquartered in Elkhart, Indiana. The company has 22.42 M outstanding shares. More on Patrick Industries

Patrick Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Patrick Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Patrick Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationRecreational Vehicles, Consumer Cyclical (View all Sectors)
Patrick Industries (PK2) is traded on Frankfurt Exchange in Germany and employs 11,000 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.53 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Patrick Industries's market, we take the total number of its shares issued and multiply it by Patrick Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Patrick Industries classifies itself under Consumer Cyclical sector and is part of Recreational Vehicles industry. The entity has 22.42 M outstanding shares. Patrick Industries has accumulated about 58.4 M in cash with 411.74 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.47.
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Ownership Allocation
Patrick Industries owns a total of 22.42 Million outstanding shares. The majority of Patrick Industries outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Patrick Industries to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Patrick Industries. Please pay attention to any change in the institutional holdings of Patrick Industries as this could imply that something significant has changed or is about to change at the company. Also note that almost six hundred twenty-nine thousand nine hundred ninety-one invesors are currently shorting Patrick Industries expressing very little confidence in its future performance.
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Patrick Industries Risk Profiles

Although Patrick Industries' alpha and beta are two of the key measurements used to evaluate Patrick Industries' performance over the market, the standard measures of volatility play an important role as well.

Patrick Stock Against Markets

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Patrick Industries Corporate Management

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.

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.
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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.