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Patrick Industries (NASDAQ:PATK) Inc. stock has reached an all-time high, trading at 115.2 USD. With a market capitalization of $3.79 billion and a solid current ratio of 1.96, the company demonstrates strong financial health. According to InvestingPro analysis, the stock appears to be trading near its Fair Value. This milestone reflects a significant upward trajectory for the company, which has seen a 27.89% increase over the past year, with an even more impressive year-to-date return of 34.93%. The stock’s performance highlights investor confidence and the company’s robust market position, further supported by a steady dividend growth of 9.09%. This all-time high underscores Patrick Industries’ continued growth and resilience in the market, marking a notable achievement in its trading history. For deeper insights into PATK’s valuation and growth prospects, including 8 additional key ProTips, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Patrick Industries reported its second-quarter 2025 earnings, showcasing a positive performance with an adjusted earnings per share (EPS) of $1.50. This figure surpassed analyst expectations of $1.40, resulting in a 7.14% surprise. The company also achieved a revenue of $1.05 billion, exceeding forecasts by 1.94%. In addition to the earnings report, Patrick Industries’ Board of Directors declared a quarterly cash dividend of $0.40 per share, payable to shareholders on September 8, 2025. Meanwhile, BMO Capital raised its price target for Patrick Industries to $110 from $100, maintaining an Outperform rating. This adjustment follows the company’s better-than-expected second-quarter results, with guidance remaining largely unchanged except for RV industry assumptions. These developments reflect significant activity and interest in Patrick Industries’ financial performance and future prospects.
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