Head to Head Contrast: Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) & Patrick Industries (NASDAQ:PATK)
by Tristan Rich · The Markets DailyForesight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX – Get Free Report) and Patrick Industries (NASDAQ:PATK – Get Free Report) are both consumer discretionary companies, but which is the better business? We will compare the two companies based on the strength of their dividends, analyst recommendations, profitability, earnings, risk, institutional ownership and valuation.
Valuation & Earnings
This table compares Foresight Autonomous Holdings Ltd. American Depositary Shares and Patrick Industries”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Foresight Autonomous Holdings Ltd. American Depositary Shares | $445,000.00 | 2.08 | -$12.10 million | ($16.66) | -0.03 |
| Patrick Industries | $3.94 billion | 0.64 | $135.06 million | $3.85 | 20.36 |
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 Foresight Autonomous Holdings Ltd. American Depositary Shares and Patrick Industries’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Foresight Autonomous Holdings Ltd. American Depositary Shares | N/A | N/A | N/A |
| Patrick Industries | 3.38% | 12.61% | 4.61% |
Analyst Ratings
This is a summary of recent ratings and target prices for Foresight Autonomous Holdings Ltd. American Depositary Shares and Patrick Industries, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Foresight Autonomous Holdings Ltd. American Depositary Shares | 1 | 0 | 0 | 0 | 1.00 |
| Patrick Industries | 0 | 2 | 8 | 0 | 2.80 |
Patrick Industries has a consensus price target of $102.11, suggesting a potential upside of 30.24%. Given Patrick Industries’ stronger consensus rating and higher possible upside, analysts clearly believe Patrick Industries is more favorable than Foresight Autonomous Holdings Ltd. American Depositary Shares.
Risk and Volatility
Foresight Autonomous Holdings Ltd. American Depositary Shares has a beta of 0.75, suggesting that its stock price is 25% less volatile than the S&P 500. Comparatively, Patrick Industries has a beta of 1.21, suggesting that its stock price is 21% more volatile than the S&P 500.
Institutional and Insider Ownership
23.5% of Foresight Autonomous Holdings Ltd. American Depositary Shares shares are held by institutional investors. Comparatively, 93.3% of Patrick Industries shares are held by institutional investors. 10.6% of Foresight Autonomous Holdings Ltd. American Depositary Shares shares are held by company insiders. Comparatively, 3.8% of Patrick Industries shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Summary
Patrick Industries beats Foresight Autonomous Holdings Ltd. American Depositary Shares on 12 of the 14 factors compared between the two stocks.
About Foresight Autonomous Holdings Ltd. American Depositary Shares
Foresight Autonomous Holdings Ltd. is an Israel-based technology company developing computer-vision solutions for the automotive and transportation industries. Its systems are designed to support advanced driver-assistance systems and autonomous vehicles by detecting and classifying obstacles, vehicles, pedestrians and other objects in a vehicle’s surroundings. The company’s principal product, QuadSight, uses a combination of visible-light and infrared cameras with proprietary image-processing algorithms to provide three-dimensional perception in challenging conditions, including darkness, glare, fog and limited visibility.
About Patrick Industries
Patrick Industries, Inc. is a manufacturer and distributor of component products and building materials for recreational vehicles, marine products, manufactured housing, and other markets. Founded in 1959 and headquartered in Elkhart, Indiana, the company supplies products used in the construction and furnishing of vehicles, homes, and industrial applications. Its offerings include cabinetry, countertops, flooring, insulation, furniture, fabricated metal products, laminates, and other interior and structural components.