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Atkore International Group (ATKR)
NYSE:ATKR
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ATKR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$83.27 - $194.98
Previous Close$83.77
Volume764.95K
Average Volume (3M)837.66K
Market Cap
$3.04B
Enterprise Value$3.50B
Total Cash (Recent Filing)$303.66M
Total Debt (Recent Filing)$764.30M
Price to Earnings (P/E)6.0
Beta1.55
Next Earnings
Nov 15, 2024EPS Estimate
$2.47Last Dividend Ex-Date
Aug 20, 2024Dividend Yield1.13%
Share Statistics
EPS (TTM)14.23
Shares Outstanding35,864,729
10 Day Avg. Volume715,315
30 Day Avg. Volume837,658
Standard Deviation0.19
R-Squared0.35
Alpha0.00887
Financial Highlights & Ratios
Price to Book (P/B)3.39
Price to Sales (P/S)0.93
Price to Cash Flow (P/CF)7.30
P/FCF Ratio10.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.07
Enterprise Value/Gross Profit2.62
Enterprise Value/Ebitda4.21
Forecast
1Y Price Target
$141.60Price Target Upside69.03% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Atkore International Group News
PremiumCompany Announcements
Atkore International Schedules Investor Presentation Engagement
Bulls Say, Bears Say
Bulls Say
Capital AllocationManagement 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.
EBITDA MarginsInvestors would likely require some 'extra convincing' that EBITDA margins have mostly bottomed and that the company could potentially maintain or improve margin from current levels.
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.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ATKR FAQ
What was Atkore International Group’s price range in the past 12 months?
Atkore International Group lowest stock price was $83.27 and its highest was $194.98 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 Nov 15, 2024 which is in 68 days.
How were Atkore International Group’s earnings last quarter?
Atkore International Group released its earnings results on Aug 06, 2024. The company reported $3.8 earnings per share for the quarter, missing the consensus estimate of $3.995 by -$0.195.
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 1.13%. See more information on Atkore International Group dividends here
What is Atkore International Group’s EPS estimate?
Atkore International Group’s EPS estimate is $2.47.
How many shares outstanding does Atkore International Group have?
Atkore International Group has 35,864,730 shares outstanding.
What happened to Atkore International Group’s price movement after its last earnings report?
Atkore International Group reported an EPS of $3.8 in its last earnings report, missing expectations of $3.995. Following the earnings report the stock price went down -14.695%.
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 93M.
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Atkore International Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$141.60 (69.03% Upside)
$141.60 (69.03% Upside)
Blogger Sentiment
Bullish
ATKR Sentiment 80%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 154.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $91.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days >0.1%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-45.50%
12-Months-Change
Fundamentals
Return on Equity
35.98%
Trailing 12-Months
Asset Growth
5.99%
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
Q3 2024
0:00 / 0:00
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ATKR Stock 12 Month Forecast
Average Price Target
$141.60
▲(69.03% Upside)
Technical Analysis
A. O. Smith Corporation
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Carlisle Companies
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Advanced Drainage Systems
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Lennox International
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Best Analysts Covering ATKR
1 Year
1 Year Success Rate
2/5 ratings generated profit
1 Year Average Return
-15.12%
reiterated a buy rating last month
Copying Alex Rygiel's trades and holding each position for 1 Year would result in 40.00% of your transactions generating a profit, with an average return of -15.12% per trade.
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