Patrick Industries (PATK) Competitors

$111.39
-1.10 (-0.98%)
(As of 05/17/2024 08:54 PM ET)

PATK vs. PRIM, CCS, GVA, FTDR, DFH, ROAD, ABM, DOOR, ROCK, and USLM

Should you be buying Patrick Industries stock or one of its competitors? The main competitors of Patrick Industries include Primoris Services (PRIM), Century Communities (CCS), Granite Construction (GVA), Frontdoor (FTDR), Dream Finders Homes (DFH), Construction Partners (ROAD), ABM Industries (ABM), Masonite International (DOOR), Gibraltar Industries (ROCK), and United States Lime & Minerals (USLM). These companies are all part of the "construction" sector.

Patrick Industries vs.

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

Primoris Services currently has a consensus target price of $53.67, suggesting a potential upside of 3.52%. Patrick Industries has a consensus target price of $106.71, suggesting a potential downside of 4.20%. Given Patrick Industries' stronger consensus rating and higher possible upside, equities research analysts clearly believe Primoris Services is more favorable than Patrick Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Primoris Services
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Patrick Industries
1 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.57

Primoris Services has a beta of 1.14, meaning that its stock price is 14% more volatile than the S&P 500. Comparatively, Patrick Industries has a beta of 1.73, meaning that its stock price is 73% more volatile than the S&P 500.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Primoris Services$5.72B0.49$126.14M$2.6519.56
Patrick Industries$3.47B0.72$142.90M$6.7516.50

Primoris Services received 16 more outperform votes than Patrick Industries when rated by MarketBeat users. However, 62.55% of users gave Patrick Industries an outperform vote while only 57.79% of users gave Primoris Services an outperform vote.

CompanyUnderperformOutperform
Primoris ServicesOutperform Votes
330
57.79%
Underperform Votes
241
42.21%
Patrick IndustriesOutperform Votes
314
62.55%
Underperform Votes
188
37.45%

Patrick Industries has a net margin of 4.22% compared to Patrick Industries' net margin of 2.45%. Primoris Services' return on equity of 14.90% beat Patrick Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Primoris Services2.45% 14.13% 4.46%
Patrick Industries 4.22%14.90%5.62%

Primoris Services pays an annual dividend of $0.24 per share and has a dividend yield of 0.5%. Patrick Industries pays an annual dividend of $2.20 per share and has a dividend yield of 2.0%. Primoris Services pays out 9.1% of its earnings in the form of a dividend. Patrick Industries pays out 32.6% 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. Patrick Industries has raised its dividend for 5 consecutive years. Patrick Industries is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

91.8% of Primoris Services shares are held by institutional investors. Comparatively, 93.3% of Patrick Industries shares are held by institutional investors. 1.4% of Primoris Services shares are held by insiders. Comparatively, 4.7% of Patrick Industries shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

In the previous week, Primoris Services had 13 more articles in the media than Patrick Industries. MarketBeat recorded 14 mentions for Primoris Services and 1 mentions for Patrick Industries. Primoris Services' average media sentiment score of 1.45 beat Patrick Industries' score of 1.03 indicating that Patrick Industries is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Primoris Services
7 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Patrick Industries
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Patrick Industries beats Primoris Services on 14 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PATK 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$2.50B$3.38B$8.75B$7.98B
Dividend Yield1.98%3.84%1.94%3.91%
P/E Ratio16.5017.1724.4318.77
Price / Sales0.727.453.2885.85
Price / Cash8.418.2615.9131.98
Price / Book2.362.164.664.64
Net Income$142.90M$173.96M$499.38M$217.28M
7 Day Performance-3.04%-1.30%1.18%2.90%
1 Month Performance7.73%7.54%8.03%6.66%
1 Year Performance61.95%-4.39%32.47%9.89%

Patrick Industries Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRIM
Primoris Services
3.112 of 5 stars
$49.66
+0.7%
$53.67
+8.1%
+88.2%$2.66B$5.72B18.7414,058
CCS
Century Communities
3.6068 of 5 stars
$85.87
+1.7%
$96.00
+11.8%
+31.8%$2.73B$3.69B9.531,650Dividend Announcement
GVA
Granite Construction
0.771 of 5 stars
$64.16
+2.5%
$57.00
-11.2%
+67.7%$2.83B$3.51B108.752,100
FTDR
Frontdoor
3.9211 of 5 stars
$36.81
+1.5%
$40.00
+8.7%
+15.7%$2.86B$1.79B16.141,716Options Volume
Positive News
DFH
Dream Finders Homes
3.5007 of 5 stars
$30.80
+2.1%
$34.50
+12.0%
+69.8%$2.87B$3.75B10.441,236Positive News
Gap Up
ROAD
Construction Partners
3.1967 of 5 stars
$55.08
+0.3%
$54.00
-2.0%
+88.6%$2.90B$1.56B47.084,014
ABM
ABM Industries
4.3568 of 5 stars
$45.95
+0.3%
$45.20
-1.6%
+8.0%$2.91B$8.10B11.75123,000
DOOR
Masonite International
1.4431 of 5 stars
$132.84
+0.1%
$116.89
-12.0%
N/A$2.92B$2.83B21.0910,000Analyst Forecast
ROCK
Gibraltar Industries
1.9577 of 5 stars
$74.73
+0.6%
N/A+28.6%$2.28B$1.38B20.092,110Positive News
USLM
United States Lime & Minerals
1.3531 of 5 stars
$375.07
+1.7%
N/A+95.7%$2.14B$281.33M26.83333Stock Split
Positive News

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This page (NASDAQ:PATK) was last updated on 5/20/2024 by MarketBeat.com Staff

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