Patrick Industries traded at $86.03 this Thursday June 4th, decreasing $4.62 or 5.10 percent since the previous trading session. Looking back, over the last four weeks, Patrick Industries lost 4.47 percent. Over the last 12 months, its price fell by 5.03 percent. Looking ahead, we forecast Patrick Industries to be priced at 88.72 by the end of this quarter and at 83.53 in one year, according to Trading Economics global macro models projections and analysts expectations.
Patrick Industries, Inc. is a manufacturer and distributor of component and building products and materials serving original equipment manufacturers (OEMs) primarily in the recreational vehicle (RV), marine, manufactured housing (MH) and industrial markets. Its Manufacturing segment includes laminated products for furniture, shelving, walls and countertops; decorative vinyl, wrapped vinyl, paper laminated panels and vinyl printing; solid surface, granite and quartz countertops; fabricated aluminum products; and other products. Its Distribution segment provides pre-finished wall and ceiling panels, drywall and drywall finishing products, interior and exterior lighting products, wiring, electrical and plumbing products, transportation and logistics services and other products. The Company operates through a network that includes approximately 141 manufacturing plants and 58 warehouse and distribution facilities located in the United States, China, Canada and the Netherlands.