Patrick Industries

Patrick Industries' stock fell to a 52-week low of $80.55, about 55% below the year high of $148.50 and down 27.93% year‑over‑year. InvestingPro sees the stock as close to its fair value but also lists it on a watchlist for heavily overvalued names; analyst price targets range from $85 to $130. For Q2 the company reported adjusted EPS of $1.29 on revenue of $1.04 billion (revenue above expectations, EPS below expectations) and cited a 16% decline in RV deliveries, partially offset by marine, powersports and housing segments. Several banks cut price targets and remain cautious in light of ongoing weakness in the recreational vehicle market; the dividend has been raised for seven consecutive years, current yield 2.27%. » Więcej na de.investing.com

Patrick Industries' stock fell to a 52-week low of $81.29 and is down about 26.9% year-to-date. For Q2/2026 the company reported adjusted earnings of $1.29 per share on revenue of $1.04 billion; revenue beat estimates while earnings lagged the Wall Street forecast of $1.38. Declining wholesale deliveries of recreational vehicles (-16%) weighed on the business, partially offset by marine, powersports and housing segments. Several analysts subsequently cut price targets and ratings due to ongoing weakness in the leisure-vehicle market. » Więcej na de.investing.com

Patrick Industries closed at $82.25, marking a 52-week low after losing almost 30% over six months and trading about 44% below its 52-week high of $148.50. The stock is down roughly 15.3% year-to-date, reflecting volatility and industry-wide market risks. Patrick recently reported quarterly results above expectations but withdrew its fiscal 2026 outlook due to weaker end markets; analysts subsequently cut various price targets. The company also announced a quarterly dividend of $0.47. » Więcej na de.investing.com

Patrick Industries and LCI Industries have entered into a binding merger agreement in the form of a pure stock-for-stock exchange, under which LCI shareholders will receive 1.2440 Patrick shares for each common share. Upon closing, Patrick shareholders are expected to own about 52% and LCI shareholders about 48% of the combined company; pro forma annual revenue would be roughly USD 8.1 billion and adjusted EBITDA USD 1.0 billion. The merged company targets cost synergies of more than USD 150 million within three years, Andy Nemeth will become CEO and the headquarters will be in Elkhart, India; closing is planned for H1 2027 and still requires shareholder and regulatory approvals. » Więcej na de.investing.com

Patrick Industries’ stock hit a 52-week low of $83.9 after falling 22% over six months and 18% year-to-date. The company (market cap $2.77 billion) reported adjusted EPS of $1.10 for Q1 2026 versus $1.07 expected, but slightly missed revenue with $997 million. Analysts cut targets (KeyBanc 140 → 125, Baird 120 → 110) and the company trimmed its outlook for FY2026 due to weaker end markets; the quarterly cash dividend is $0.47. An analysis rates the stock as overvalued relative to fair value; the dividend yield is 2.14%. » Więcej na de.investing.com