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Atkore International Group (ATKR)
NYSE:ATKR
Atkore International Group (ATKR) Stock Price & Analysis
411 Followers
ATKR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$120.49 - $194.57
Previous Close$141.83
Volume532.46K
Average Volume (3M)589.57K
Market Cap
$5.17B
Enterprise Value$5.55B
Total Cash (Recent Filing)$380.92M
Total Debt (Recent Filing)$763.23M
Price to Earnings (P/E)8.8
Beta1.48
Next Earnings
Aug 06, 2024Last Dividend Ex-Date
May 20, 2024Dividend Yield0.45%
Share Statistics
EPS (TTM)16.03
Shares Outstanding36,430,497
10 Day Avg. Volume658,484
30 Day Avg. Volume589,574
Standard Deviation0.18
R-Squared0.39
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)6.06
Price to Sales (P/S)5.63
Price to Cash Flow (P/CF)7.80
P/FCF Ratio10.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.59
Enterprise Value/Gross Profit4.14
Enterprise Value/Ebitda5.86
Forecast
1Y Price Target
$186.00Price Target Upside31.14% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Atkore International Group News
PremiumCompany Announcements
Atkore International Engages Investors with Informative Presentation
Bulls Say, Bears Say
Bulls Say
Capital DeploymentManagement is expected to continue deploying capital, likely with a focus on share repurchases, which is seen as underappreciated at current levels.
Growth OpportunitiesManagement sounded confident in data center led demand as well as investments toward water infrastructure and broader electrification/clean energy trends, which could support volume growth.
ValuationATKR shares are currently trading at a meaningful discount to peers, which is considered unwarranted given the company's strong growth and returns profile.
Bears Say
Construction ActivityBroader bottlenecks (labor and supply chain related) coupled with higher interest rates could potentially pressure construction activity.
End Market DemandEnd market demand trends appear mixed with strength across certain verticals such as data centers and water offset by continued softness in other verticals such as office/commercial and residential construction.
Financial PerformanceATKR reported mixed quarterly results and lowered its FY24 guidance due to continued weakness in its HDPE business and a delayed ramp in the Hobart facility.
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Ownership Overview
2.92% Insiders
45.83% Mutual Funds
26.17% Other Institutional Investors
25.08% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ATKR FAQ
What was Atkore International Group’s price range in the past 12 months?
Atkore International Group lowest stock price was $120.49 and its highest was $194.57 in the past 12 months.
What is Atkore International Group’s market cap?
Currently, no data Available
When is Atkore International Group’s upcoming earnings report date?
Atkore International Group’s upcoming earnings report date is Aug 06, 2024 which is in 15 days.
How were Atkore International Group’s earnings last quarter?
Atkore International Group released its earnings results on May 07, 2024. The company reported $4.08 earnings per share for the quarter, beating the consensus estimate of $3.756 by $0.324.
Is Atkore International Group overvalued?
According to Wall Street analysts Atkore International Group’s price is currently Undervalued.
Does Atkore International Group pay dividends?
Atkore International Group pays a Notavailable dividend of $0.32 which represents an annual dividend yield of 0.45%. See more information on Atkore International Group dividends here
What is Atkore International Group’s EPS estimate?
Atkore International Group’s EPS estimate is $4.
How many shares outstanding does Atkore International Group have?
Atkore International Group has 36,430,496 shares outstanding.
What happened to Atkore International Group’s price movement after its last earnings report?
Atkore International Group reported an EPS of $4.08 in its last earnings report, beating expectations of $3.756. Following the earnings report the stock price went down -12.509%.
Which hedge fund is a major shareholder of Atkore International Group?
Among the largest hedge funds holding Atkore International Group’s share is Gates Capital Management, Inc.. It holds Atkore International Group’s shares valued at 83M.
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Atkore International Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$186.00 (31.14% Upside)
$186.00 (31.14% Upside)
Blogger Sentiment
Bullish
ATKR Sentiment 77%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 319.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $400.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 2.6%
Last 30 Days ▲ 2.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.83%
12-Months-Change
Fundamentals
Return on Equity
41.88%
Trailing 12-Months
Asset Growth
12.50%
Trailing 12-Months
Company Description
Atkore International Group
Atkore International Group, Inc. engages in the manufacture of electrical raceway products. It operates through the Electrical Raceway; and Mechanical Products and Solutions (MP&S) segments. The Electrical Raceway segment manufactures products that deploy, isolate, and protect a structure's electrical circuitry from the power source to the final outlet. The MP&S segment provides products and services that frame, support, and secure component parts in a range of structures, equipment, and systems in electrical, industrial, and construction applications. The company was founded on November 4, 2010 and is headquartered in Harvey, IL.
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ATKR Company Deck
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ATKR Earnings Call
Q2 2024
0:00 / 0:00
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ATKR Stock 12 Month Forecast
Average Price Target
$186.00
▲(31.14% Upside)
Technical Analysis
Best Analysts Covering ATKR
1 Year
1 Year Success Rate
24/36 ratings generated profit
1 Year Average Return
+22.54%
reiterated a buy rating 3 months ago
Copying Deane Dray's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +22.54% per trade.
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