Patrick Industries (NASDAQ:PATK – Get Free Report) and Innoviz Technologies (NASDAQ:INVZ – Get Free Report) are both consumer discretionary companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, analyst recommendations, profitability, institutional ownership, risk, dividends and earnings.
Profitability
This table compares Patrick Industries and Innoviz Technologies’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Patrick Industries | 3.38% | 12.61% | 4.61% |
| Innoviz Technologies | -153.10% | -118.08% | -61.27% |
Insider & Institutional Ownership
93.3% of Patrick Industries shares are held by institutional investors. Comparatively, 63.3% of Innoviz Technologies shares are held by institutional investors. 3.8% of Patrick Industries shares are held by insiders. Comparatively, 11.2% of Innoviz Technologies shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Analyst Ratings
This is a breakdown of current ratings and recommmendations for Patrick Industries and Innoviz Technologies, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Patrick Industries | 1 | 1 | 7 | 0 | 2.67 |
| Innoviz Technologies | 1 | 0 | 1 | 0 | 2.00 |
Patrick Industries currently has a consensus price target of $103.00, suggesting a potential upside of 25.99%. Innoviz Technologies has a consensus price target of $2.00, suggesting a potential upside of 781.83%. Given Innoviz Technologies’ higher probable upside, analysts plainly believe Innoviz Technologies is more favorable than Patrick Industries.
Earnings and Valuation
This table compares Patrick Industries and Innoviz Technologies”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Patrick Industries | $3.94 billion | 0.67 | $135.06 million | $3.85 | 21.23 |
| Innoviz Technologies | $55.09 million | 0.88 | -$67.79 million | ($0.38) | -0.60 |
Patrick Industries has higher revenue and earnings than Innoviz Technologies. Innoviz Technologies is trading at a lower price-to-earnings ratio than Patrick Industries, indicating that it is currently the more affordable of the two stocks.
Risk and Volatility
Patrick Industries has a beta of 1.16, indicating that its share price is 16% more volatile than the S&P 500. Comparatively, Innoviz Technologies has a beta of 1.58, indicating that its share price is 58% more volatile than the S&P 500.
Summary
Patrick Industries beats Innoviz Technologies on 10 of the 14 factors compared between the two stocks.
About Patrick Industries
Patrick Industries, Inc. manufactures and distributes component products and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada. Its Manufacturing segment manufactures and sells laminated products for furniture, shelving, wall, countertop, and cabinet products; cabinet doors, fiberglass bath fixtures, and tile systems; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum products; fiberglass and plastic components; RV paintings; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinets; polymer-based flooring products; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile mouldings; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat towers, tops, trailers, and frames; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite parts, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panels, drywall and finishing products, electronic and audio system components, appliances, marine accessories, wiring products, electrical and plumbing products, fiber reinforced polyester products; cement siding products, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring products, shower doors, furniture, fireplaces and surrounds, interior and exterior lighting products, and other products. This segment also offers transportation and logistics services. Patrick Industries, Inc. was incorporated in 1959 and is based in Elkhart, Indiana.
About Innoviz Technologies
Innoviz Technologies Ltd. manufactures and sells automotive grade LiDAR sensors and perception software to enable safe autonomous driving at a mass scale. The company offers InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxis, shuttles, trucks, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy. It also provides InnovizTwo, an automotive-grade LiDAR sensor that offers a solution for all levels of autonomous driving, as well as an option to integrate the perception application in the LiDAR sensor; and perception application, a software application that raw point cloud data from Innoviz LiDAR products into perception outputs. The company operates in Europe, Asia Pacific, the Middle East, Africa, and North America. It markets and sells its products through a direct sales organization, as well as through distribution channels. The company is headquartered in Rosh Haayin, Israel.
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