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Stock impact report

Primer Series: Patrick Industries - A Successful Serial Acquirer With Attractive End Markets [Seeking Alpha]

Patrick Industries, Inc. (PATK) 
Last patrick industries, inc. earnings: 4/30 08:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Seeking Alpha - Go to HomepagePrimer Series: Patrick Industries - A Successful Serial Acquirer With Attractive End Dec. 08, 2022 2:20 PM ETPatrick Industries, Inc. (PATK)The Beauty Contest452 Follower sSummaryMarc DufresneThis is an article part of an ongoing primer series on great and undercovered companies at attractive valuations. These pieces will provide in-depth analysis of business models, financials and valuations. All figures in US dollars, unless otherwise noted.IntroductionPatrick Industries (NASDAQ:The main point of the thesis can be summarized as follows:PATK's historyAs previously mentioned, PATK was founded in 1959 to manufacture components for the manufactured housing industry, became public in 1968, and until 2007 that was basically the only business of the company. The years from 2001 to 2007 were very difficult for PATK. For instance, in 2001 over half of the company's sales came from MH, an industry that suffered a deep cri Show less Read more
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