Critical Analysis: Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) and Patrick Industries (NASDAQ:PATK)

Patrick Industries (NASDAQ:PATK – Get Free Report) and Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX – Get Free Report) are both consumer discretionary companies, but which is the superior stock? We will contrast the two companies based on the strength of their institutional ownership, profitability, analyst recommendations, risk, dividends, earnings and valuation.

Insider & Institutional Ownership

93.3% of Patrick Industries shares are held by institutional investors. Comparatively, 23.4% of Foresight Autonomous Holdings Ltd. American Depositary Shares shares are held by institutional investors. 3.8% of Patrick Industries shares are held by company insiders. Comparatively, 10.6% of Foresight Autonomous Holdings Ltd. American Depositary Shares shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Volatility and Risk

Patrick Industries has a beta of 1.21, indicating that its stock price is 21% more volatile than the S&P 500. Comparatively, Foresight Autonomous Holdings Ltd. American Depositary Shares has a beta of 0.75, indicating that its stock price is 25% less volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and target prices for Patrick Industries and Foresight Autonomous Holdings Ltd. American Depositary Shares, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Patrick Industries 1 1 7 0 2.67
Foresight Autonomous Holdings Ltd. American Depositary Shares 1 0 0 0 1.00

Patrick Industries currently has a consensus price target of $103.00, indicating a potential upside of 25.25%. Given Patrick Industries’ stronger consensus rating and higher probable upside, equities research analysts clearly believe Patrick Industries is more favorable than Foresight Autonomous Holdings Ltd. American Depositary Shares.

Valuation and Earnings

This table compares Patrick Industries and Foresight Autonomous Holdings Ltd. American Depositary Shares”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Patrick Industries $3.95 billion 0.67 $135.06 million $3.85 21.36
Foresight Autonomous Holdings Ltd. American Depositary Shares $400,000.00 2.58 -$12.10 million ($16.66) -0.04

Patrick Industries has higher revenue and earnings than Foresight Autonomous Holdings Ltd. American Depositary Shares. Foresight Autonomous Holdings Ltd. American Depositary Shares is trading at a lower price-to-earnings ratio than Patrick Industries, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Patrick Industries and Foresight Autonomous Holdings Ltd. American Depositary Shares’ 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%
Foresight Autonomous Holdings Ltd. American Depositary Shares N/A N/A N/A

Summary

Patrick Industries beats Foresight Autonomous Holdings Ltd. American Depositary Shares on 12 of the 14 factors compared between the two stocks.

About Patrick Industries

(Get Free Report)

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 Foresight Autonomous Holdings Ltd. American Depositary Shares

(Get Free Report)

Foresight Autonomous Holdings Ltd., a technology company, engages in the development of smart multi-spectral 3D vision software solutions and cellular-based applications for the automotive industry in Israel, Japan, the United States, and internationally. It develops in-line-of-sight vision solutions and beyond-line-of-site accident-prevention solutions. The company also offers QuadSight automotive vision solution, a four-camera multi-spectral vision solution that combines two sets of stereoscopic infrared and visible-light cameras for obstacle detection; DynamiCal, an automatic calibration software solution to ensure that stereo cameras remain calibrated to create accurate and continuous 3D depth perception; and ScaleCam, a separated stereo camera solution. In addition, it provides Percept3D, a 3D point cloud solution that provides 3D raw data for obstacle detection, terrain analysis, and autonomous vehicle sensor fusion; and Mono2Stereo, a solution that enhances existing vision sensor systems by using software-based algorithms to create a 3D perception stereo vision solution. Further, the company offers Eye-Net Protect, a cellular-based V2X solution that provides real-time pre-collision alerts to various road users, such as pedestrians, cyclists, scooter drivers, etc. by using smartphones. Its solutions are used in automotive, defense, autonomous vehicles, and agriculture and heavy industrial equipment industries. The company was formerly known as Asia Development (A.D.B.M.) Ltd. and changed its name to Foresight Autonomous Holdings Ltd. in January 2016. Foresight Autonomous Holdings Ltd. is headquartered in Ness Ziona, Israel.

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