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