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Company name Patrick Industries, Inc.
Stock ticker PATK
Live stock price [stckqut]PATK[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Poor
Sales growth Good
EPS growth Good
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $74.24
Target stock price (averages with growth) $51.88
Target stock price (averages with no growth) $51.88
Target stock price (manual assumptions) $60.67

The following company description is from Reuters: https://www.reuters.com/finance/stocks/company-profile/patk

Patrick Industries, Inc. (Patrick), incorporated on January 3, 1961, is a manufacturer of component products and distributor of building products and materials for the recreational vehicle (RV) and manufactured housing (MH) industrial markets for customers throughout the United States and Canada. In addition, the Company is a supplier to certain other industrial markets, such as kitchen cabinet, office and household furniture, fixtures and commercial furnishings, marine, and other industrial markets. The Company operates in two segments: Manufacturing and Distribution. The Company manufactures a range of products, which include decorative vinyl and paper laminated panels, solid surface, granite and quartz countertops, fabricated aluminum products, wrapped vinyl, paper and hardwood profile mouldings, slide-out trim and fascia, cabinet doors and components, hardwood furniture, fiberglass bath fixtures, fiberglass and plastic component products including front and rear caps and marine helms, softwoods lumber, interior passage doors, RV painting, and slotwall panels and components, among others. As of December 31, 2016, the Company maintained 56 manufacturing plants and 22 warehouse and distribution facilities in 16 states

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Patrick Industries, Inc. as long as the indicators that I describe in my book The Confident Investor are favorable.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of Patrick Industries, Inc. calculated?

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
[s2If current_user_can(access_s2member_level1)]

In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

  • Stock price at the time of the calculation: $48.09
  • Growth: 0.12
  • Current EPS (TTM): $4.62
  • P/E: 12
  • Future EPS Calc: $8.14
  • Future Stock Price Calc: $97.7
  • Target stock price: $60.66

[/s2If]
I hope that this makes you a Confident Investor.

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One of the biggest challenges in investing in the stock market is picking the best stocks. In my book, “The Confident Investor” I teach my readers how to pick Good Companies. This page is designed to show the raw performance of these companies. It is not designed to show my personal portfolio, which may or may not exceed the performance stated here. Since I use the trading system described in my book, you can assume that I beat the performance recorded here.

I must caution you, I do not actually propose that you “buy and hold” any given stock, but rather you should “buy to hold” the stock. My investing technique teaches you to efficiently move your money to the stocks that are currently increasing in value the most. I use my Watch List for this work, these are Good Companies that I wait for great buying opportunities. This strategy is well described in my book, “The Confident Investor” and tends to be a very safe strategy in bear markets while typically still providing above market returns in a bull or flat market.

My Short Term Watch List are 15 companies that are hot right now. I select this list every quarter. I evenly divide a portion of my portfolio among these 15 companies. The next quarter, I add or delete companies as necessary and then re-balance the portfolio. This tends to be a more risky strategy because I don’t bail out on bad stock movement (at least until the end of the quarter). In a bull market or a flat market, these very well-run and high-performing companies tend to beat the general market by a significant margin.

BL-TCI-cover

You can purchase my book wherever books are sold such as Amazon, Barnes and Noble, and Books A Million. It is available in paperback as well as e-book formats for Nook, Kindle, and iPad.

WATCH LIST STOCK RESULTS

 

Stock
Ticker		 Company
name		 Current
price		 Year
ago		 Year ago
change		 Quarter
ago		 Quarter ago
change		 Month
ago		 Month ago
change		 Week
ago		 Week ago
change
AAPL Apple Inc. $198.78 $182.13 9.14% $190.31 4.45% $179.66 10.64% $192.74 3.13%
ABMD ABIOMED, Inc. $256.04 $427.29 -40.08% $323.21 -20.78% $262.64 -2.51% $250.96 2.02%
ADBE Adobe Systems Incorporated $299.33 $243.63 22.86% $259.69 15.26% $274.25 9.14% $274.28 9.13%
ALGN Align Technology, Inc. $283.56 $353.27 -19.73% $269.62 5.17% $307.85 -7.89% $305.70 -7.24%
ALXN Alexion Pharmaceuticals, Inc. $132.39 $127.57 3.78% $130.21 1.67% $125.33 5.63% $117.93 12.26%
AMAT Applied Materials, Inc. $42.96 $46.98 -8.56% $39.65 8.34% $39.94 7.56% $41.23 4.20%
AMN AMN Healthcare Services, Inc. $52.69 $60.80 -13.34% $48.31 9.07% $49.61 6.21% $51.58 2.15%
AMZN Amazon.com, Inc. $1,911.30 $1,715.67 11.40% $1,764.77 8.30% $1,815.48 5.28% $1,869.67 2.23%
ANET Arista Networks Inc $253.39 $272.65 -7.06% $300.16 -15.58% $254.38 -0.39% $236.08 7.33%
AVGO Broadcom Inc $273.99 $250.40 9.42% $289.85 -5.47% $257.60 6.36% $263.38 4.03%
BABA Alibaba Group Holding Ltd $167.55 $202.01 -17.06% $176.26 -4.94% $156.00 7.40% $158.10 5.98%
BKNG Booking Holdings Inc $1,880.00 $2,102.85 -10.60% $1,721.59 9.20% $1,716.93 9.50% $1,775.50 5.89%
CBPO China Biologic Products Holdings Inc $95.00 $100.99 -5.93% $87.23 8.91% $90.31 5.19% $92.72 2.46%
COHR Coherent, Inc. $128.69 $154.92 -16.93% $135.18 -4.80% $110.55 16.41% $119.00 8.14%
CRUS Cirrus Logic, Inc. $41.26 $37.60 9.73% $41.80 -1.29% $39.35 4.85% $39.86 3.51%
CVGW Calavo Growers, Inc. $98.93 $94.03 5.21% $81.60 21.24% $92.17 7.33% $96.91 2.08%
DPZ Domino’s Pizza, Inc. $280.33 $289.75 -3.25% $238.70 17.44% $284.65 -1.52% $280.65 -0.11%
EA Electronic Arts Inc. $95.33 $141.26 -32.51% $102.34 -6.85% $92.11 3.50% $92.73 2.80%
FB Facebook, Inc. Common Stock $191.14 $201.74 -5.25% $164.34 16.31% $180.87 5.68% $181.33 5.41%
GOOGL Alphabet Inc Class A $1,125.37 $1,169.29 -3.76% $1,207.65 -6.81% $1,145.34 -1.74% $1,086.30 3.60%
GTN Gray Television, Inc. $16.57 $12.80 29.45% $21.50 -22.93% $18.08 -8.35% $16.66 -0.54%
HZO MarineMax Inc $16.77 $22.10 -24.12% $18.07 -7.19% $16.38 2.38% $16.49 1.70%
ILMN Illumina, Inc. $361.56 $282.65 27.92% $308.79 17.09% $308.97 17.02% $344.00 5.10%
JAZZ Jazz Pharmaceuticals PLC $134.37 $178.50 -24.72% $136.60 -1.63% $137.42 -2.22% $130.43 3.02%
KNX Knight-Swift Transportation Holdings Inc $31.89 $40.30 -20.87% $31.30 1.88% $30.33 5.13% $32.22 -1.02%
LGIH LGI Homes Inc $71.68 $56.91 25.95% $58.19 23.18% $68.86 4.10% $73.10 -1.94%
LRCX Lam Research Corporation $183.03 $170.17 7.56% $178.42 2.59% $184.38 -0.73% $176.80 3.52%
LULU Lululemon Athletica inc. $181.87 $124.18 46.46% $143.21 27.00% $170.20 6.86% $176.71 2.92%
MA Mastercard Inc $264.47 $200.37 31.99% $230.44 14.77% $249.73 5.90% $260.10 1.68%
MKSI MKS Instruments, Inc. $76.16 $98.12 -22.38% $90.53 -15.87% $74.10 2.78% $71.86 5.98%
MKTX MarketAxess Holdings Inc. $333.08 $209.24 59.18% $237.91 40.00% $291.62 14.22% $320.05 4.07%
MTZ MasTec, Inc. $48.03 $52.10 -7.81% $45.38 5.84% $45.75 4.98% $48.42 -0.81%
NFLX Netflix, Inc. $369.21 $411.09 -10.19% $361.01 2.27% $352.21 4.83% $339.73 8.68%
NSP Insperity Inc $123.36 $94.43 30.64% $120.20 2.63% $114.05 8.16% $122.08 1.05%
NVDA NVIDIA Corporation $151.76 $250.01 -39.30% $177.30 -14.40% $147.15 3.13% $144.64 4.92%
NXST Nexstar Media Group Inc $101.72 $74.28 36.94% $104.77 -2.91% $103.25 -1.48% $99.28 2.46%
PATK Patrick Industries, Inc. $48.09 $59.75 -19.51% $40.96 17.41% $43.98 9.35% $46.80 2.76%
PYPL Paypal Holdings Inc $116.21 $85.12 36.52% $101.27 14.75% $109.90 5.74% $116.17 0.03%
REGN Regeneron Pharmaceuticals Inc $320.26 $331.97 -3.53% $391.80 -18.26% $315.26 1.59% $305.24 4.92%
SBUX Starbucks Corporation $83.82 $50.12 67.24% $71.63 17.02% $76.41 9.70% $84.24 -0.50%
STZ Constellation Brands, Inc. Class A $183.73 $228.05 -19.43% $168.90 8.78% $206.21 -10.90% $187.63 -2.08%
SUI Sun Communities Inc $129.85 $94.63 37.22% $117.32 10.68% $126.09 2.98% $129.12 0.57%
SWKS Skyworks Solutions Inc $75.22 $96.65 -22.17% $82.13 -8.41% $68.46 9.87% $71.80 4.76%
TGS Transportadora de Gas del Sur SA (ADR) $14.70 $13.59 8.17% $12.25 20.00% $12.35 19.03% $14.79 -0.61%
THRM Gentherm Inc $41.10 $38.15 7.73% $36.63 12.20% $38.17 7.68% $39.00 5.38%
TMUS T-Mobile Us Inc $75.70 $60.79 24.53% $71.90 5.29% $76.01 -0.41% $74.90 1.07%
TNET TriNet Group Inc $69.30 $54.66 26.78% $59.00 17.46% $61.79 12.15% $69.01 0.42%
ULTA Ulta Beauty Inc $355.81 $249.76 42.46% $330.52 7.65% $337.83 5.32% $354.62 0.34%
UNH UnitedHealth Group Inc $252.28 $250.66 0.65% $246.01 2.55% $245.42 2.80% $245.37 2.82%
V Visa Inc $173.44 $134.45 29.00% $152.84 13.48% $161.51 7.39% $169.66 2.23%
WCG WellCare Health Plans, Inc. $299.29 $244.20 22.56% $241.84 23.76% $274.49 9.03% $287.10 4.25%

Over the last year, my Watch List returned 0.54%
Over the last quarter, my Watch List returned 4.61%
Over the last month, my Watch List returned 4.78%
Over the last week, my Watch List returned 3.45%

 

SHORT TERM WATCH LIST STOCK RESULTS

 

Stock
Ticker		 Company
name		 Current
price		 Year
ago		 Year ago
change		 Quarter
ago		 Quarter ago
change		 Month
ago		 Month ago
change		 Week
ago		 Week ago
change
ADBE Adobe Systems Incorporated $299.33 $243.63 22.86% $259.69 15.26% $274.25 9.14% $274.28 9.13%
ALGN Align Technology, Inc. $283.56 $353.27 -19.73% $269.62 5.17% $307.85 -7.89% $305.70 -7.24%
AMZN Amazon.com, Inc. $1,911.30 $1,715.67 11.40% $1,764.77 8.30% $1,815.48 5.28% $1,869.67 2.23%
ANET Arista Networks Inc $253.39 $272.65 -7.06% $300.16 -15.58% $254.38 -0.39% $236.08 7.33%
AVGO Broadcom Inc $273.99 $250.40 9.42% $289.85 -5.47% $257.60 6.36% $263.38 4.03%
GTN Gray Television, Inc. $16.57 $12.80 29.45% $21.50 -22.93% $18.08 -8.35% $16.66 -0.54%
ILMN Illumina, Inc. $361.56 $282.65 27.92% $308.79 17.09% $308.97 17.02% $344.00 5.10%
LULU Lululemon Athletica inc. $181.87 $124.18 46.46% $143.21 27.00% $170.20 6.86% $176.71 2.92%
MA Mastercard Inc $264.47 $200.37 31.99% $230.44 14.77% $249.73 5.90% $260.10 1.68%
MKTX MarketAxess Holdings Inc. $333.08 $209.24 59.18% $237.91 40.00% $291.62 14.22% $320.05 4.07%
NSP Insperity Inc $123.36 $94.43 30.64% $120.20 2.63% $114.05 8.16% $122.08 1.05%
NXST Nexstar Media Group Inc $101.72 $74.28 36.94% $104.77 -2.91% $103.25 -1.48% $99.28 2.46%
PYPL Paypal Holdings Inc $116.21 $85.12 36.52% $101.27 14.75% $109.90 5.74% $116.17 0.03%
TNET TriNet Group Inc $69.30 $54.66 26.78% $59.00 17.46% $61.79 12.15% $69.01 0.42%
ULTA Ulta Beauty Inc $355.81 $249.76 42.46% $330.52 7.65% $337.83 5.32% $354.62 0.34%

Over the last year, my Short Term Watch List returned 17.11%
Over the last quarter, my Short Term Watch List returned 8.89%
Over the last month, my Short Term Watch List returned 5.79%
Over the last week, my Short Term Watch List returned 2.44%

Short Term List returned 17%
High growth stock: Starbucks Corporation ($SBUX) at 67%
Total Execution Time: 0.97488689422607 Sec

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Symbol Stock Price change today
ALXN Alexion Pharmaceuticals, Inc. 2.7633%
EA Electronic Arts Inc. 2.2964%
ANET Arista Networks Inc 1.8735%
UNH UnitedHealth Group Inc 1.8243%
WCG WellCare Health Plans, Inc. 1.3649%
NFLX Netflix, Inc. 1.0953%
GOOGL Alphabet Inc Class A 1.0932%
CVGW Calavo Growers, Inc. 1.0831%
BKNG Booking Holdings Inc 1.0041%
FB Facebook, Inc. Common Stock 0.8495%
ILMN Illumina, Inc. 0.8339%
TGS Transportadora de Gas del Sur SA (ADR) 0.6849%
CBPO China Biologic Products Holdings Inc 0.5823%
PATK Patrick Industries, Inc. 0.5436%
MKTX MarketAxess Holdings Inc. 0.5191%
HZO MarineMax Inc 0.4192%
NSP Insperity Inc 0.1787%
MKSI MKS Instruments, Inc. 0%
SUI Sun Communities Inc -0.0462%
REGN Regeneron Pharmaceuticals Inc -0.0686%
V Visa Inc -0.1727%
AAPL Apple Inc. -0.3409%
AMZN Amazon.com, Inc. -0.3592%
BABA Alibaba Group Holding Ltd -0.416%
LRCX Lam Research Corporation -0.5055%
DPZ Domino’s Pizza, Inc. -0.5287%
AMAT Applied Materials, Inc. -0.5786%
COHR Coherent, Inc. -0.6255%
ULTA Ulta Beauty Inc -0.706%
JAZZ Jazz Pharmaceuticals PLC -0.7314%
SWKS Skyworks Solutions Inc -0.8175%
MA Mastercard Inc -0.8696%
ADBE Adobe Systems Incorporated -0.9202%
SBUX Starbucks Corporation -1.0273%
GTN Gray Television, Inc. -1.0746%
STZ Constellation Brands, Inc. Class A -1.0822%
AMN AMN Healthcare Services, Inc. -1.1445%
NVDA NVIDIA Corporation -1.5185%
CRUS Cirrus Logic, Inc. -1.5509%
TNET TriNet Group Inc -1.5905%
MTZ MasTec, Inc. -1.598%
THRM Gentherm Inc -1.604%
ABMD ABIOMED, Inc. -1.6479%
NXST Nexstar Media Group Inc -1.6818%
AVGO Broadcom Inc -1.8133%
PYPL Paypal Holdings Inc -2.1719%
KNX Knight-Swift Transportation Holdings Inc -2.2079%
LULU Lululemon Athletica inc. -2.4826%
LGIH LGI Homes Inc -2.5425%
TMUS T-Mobile Us Inc -2.8615%
ALGN Align Technology, Inc. -4.0958%

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Stock ticker Stock name Last Close Recommendation
AAPL Apple Inc. $199.4600 Strong Buy or Hold
ABMD ABIOMED, Inc. $260.3300 Very Concerned, may need to wait
ADBE Adobe Systems Incorporated $302.1100 Strong Buy or Hold, but there are some concerns
ALGN Align Technology, Inc. $295.6700 Very Concerned, may need to wait
ALXN Alexion Pharmaceuticals, Inc. $128.8300 Possible Buy or Hold, but some concerns
AMAT Applied Materials, Inc. $43.2100 Strong Buy or Hold
AMN AMN Healthcare Services, Inc. $53.3000 Strong Buy or Hold
AMZN Amazon.com, Inc. $1918.1900 Strong Buy or Hold
ANET Arista Networks Inc $248.7300 Some Concerns, may need to wait
AVGO Broadcom Inc $279.0500 Possible Buy or Hold, but some concerns
BABA Alibaba Group Holding Ltd $168.2500 Strong Buy or Hold
BKNG Booking Holdings Inc $1861.3100 Strong Buy or Hold
CBPO China Biologic Products Holdings Inc $94.4500 Strong Buy or Hold
COHR Coherent, Inc. $129.5000 Strong Buy or Hold
CRUS Cirrus Logic, Inc. $41.9100 Possible Buy or Hold, but some concerns
CVGW Calavo Growers, Inc. $97.8700 Strong Buy or Hold
DPZ Domino’s Pizza, Inc. $281.8200 Very Concerned, may need to wait
EA Electronic Arts Inc. $93.1900 Very Concerned, may need to wait
FB Facebook, Inc. Common Stock $189.5300 Strong Buy or Hold
GOOGL Alphabet Inc Class A $1113.2000 Possible Buy or Hold, but some concerns
GTN Gray Television, Inc. $16.7500 Very Concerned, may need to wait
HZO MarineMax Inc $16.7000 Strong Buy or Hold
ILMN Illumina, Inc. $358.5700 Strong Buy or Hold, but there are some concerns
JAZZ Jazz Pharmaceuticals PLC $135.3600 Possible Buy or Hold, but some concerns
KNX Knight-Swift Transportation Holdings Inc $32.6100 Strong Buy or Hold
LGIH LGI Homes Inc $73.5500 Strong Buy or Hold
LRCX Lam Research Corporation $183.9600 Some Concerns, may need to wait
LULU Lululemon Athletica inc. $186.5000 Strong Buy or Hold
MA Mastercard Inc $266.7900 Strong Buy or Hold
MKSI MKS Instruments, Inc. $76.1600 Possible Buy or Hold, but some concerns
MKTX MarketAxess Holdings Inc. $331.3600 Concerned, but watch close as good things may happen soon
MTZ MasTec, Inc. $48.8100 Concerned, but watch close as good things may happen soon
NFLX Netflix, Inc. $365.2100 Strong Buy or Hold
NSP Insperity Inc $123.1400 Strong Buy or Hold
NVDA NVIDIA Corporation $154.1000 Possible Buy or Hold, but some concerns
NXST Nexstar Media Group Inc $103.4600 Possible Buy or Hold, but some concerns
PATK Patrick Industries, Inc. $47.8300 Strong Buy or Hold
PYPL Paypal Holdings Inc $118.7900 Strong Buy or Hold
REGN Regeneron Pharmaceuticals Inc $320.4800 Possible Buy or Hold, but some concerns
SBUX Starbucks Corporation $84.6900 Strong Buy or Hold
STZ Constellation Brands, Inc. Class A $185.7400 Some Concerns, may need to wait
SUI Sun Communities Inc $129.9100 Concerned, but watch close as good things may happen soon
SWKS Skyworks Solutions Inc $75.8400 Strong Buy or Hold
TGS Transportadora de Gas del Sur SA (ADR) $14.6000 Very Concerned, may need to wait
THRM Gentherm Inc $41.7700 Strong Buy or Hold
TMUS T-Mobile Us Inc $77.9300 Strong Buy or Hold
TNET TriNet Group Inc $70.4200 Strong Buy or Hold, but there are some concerns
ULTA Ulta Beauty Inc $358.3400 Strong Buy or Hold
UNH UnitedHealth Group Inc $247.7600 Strong Buy or Hold
V Visa Inc $173.7400 Concerned, but watch close as good things may happen soon
WCG WellCare Health Plans, Inc. $295.2600 Strong Buy or Hold

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Symbol Stock Price change today
ALXN Alexion Pharmaceuticals, Inc. 4.0882%
ADBE Adobe Systems Incorporated 3.743%
NXST Nexstar Media Group Inc 3.4186%
COHR Coherent, Inc. 3.3025%
REGN Regeneron Pharmaceuticals Inc 3.1046%
THRM Gentherm Inc 3.0595%
MA Mastercard Inc 2.6629%
LGIH LGI Homes Inc 2.5945%
KNX Knight-Swift Transportation Holdings Inc 2.3219%
ANET Arista Networks Inc 2.2907%
MKSI MKS Instruments, Inc. 2.2831%
ILMN Illumina, Inc. 1.8838%
V Visa Inc 1.7869%
BABA Alibaba Group Holding Ltd 1.6862%
CRUS Cirrus Logic, Inc. 1.6739%
AMAT Applied Materials, Inc. 1.5989%
ABMD ABIOMED, Inc. 1.5724%
PATK Patrick Industries, Inc. 1.4853%
PYPL Paypal Holdings Inc 1.4086%
LRCX Lam Research Corporation 1.4001%
JAZZ Jazz Pharmaceuticals PLC 1.1886%
FB Facebook, Inc. Common Stock 1.0934%
SBUX Starbucks Corporation 1.05%
BKNG Booking Holdings Inc 1.045%
AAPL Apple Inc. 0.8036%
GOOGL Alphabet Inc Class A 0.7868%
STZ Constellation Brands, Inc. Class A 0.7704%
MTZ MasTec, Inc. 0.7638%
CVGW Calavo Growers, Inc. 0.7411%
EA Electronic Arts Inc. 0.6589%
NVDA NVIDIA Corporation 0.64%
TNET TriNet Group Inc 0.6288%
AVGO Broadcom Inc 0.5622%
AMZN Amazon.com, Inc. 0.4925%
NFLX Netflix, Inc. 0.4649%
SWKS Skyworks Solutions Inc 0.4104%
DPZ Domino’s Pizza, Inc. 0.4062%
ULTA Ulta Beauty Inc 0.1397%
CBPO China Biologic Products Holdings Inc 0.0636%
MKTX MarketAxess Holdings Inc. -0.0091%
SUI Sun Communities Inc -0.0385%
LULU Lululemon Athletica inc. -0.3207%
WCG WellCare Health Plans, Inc. -0.3712%
ALGN Align Technology, Inc. -0.3942%
AMN AMN Healthcare Services, Inc. -0.4111%
GTN Gray Television, Inc. -0.4162%
TMUS T-Mobile Us Inc -0.4471%
NSP Insperity Inc -0.4849%
HZO MarineMax Inc -0.6544%
TGS Transportadora de Gas del Sur SA (ADR) -0.8826%
UNH UnitedHealth Group Inc -0.9713%