Atkore International Group Stock Buy Hold or Sell Recommendation
| ATKR Stock | USD 85.14 0.99 1.18% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Atkore International Group is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Atkore International Group given historical horizon and risk tolerance towards Atkore International. When Macroaxis issues a 'buy' or 'sell' recommendation for Atkore International Group, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Atkore International Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Atkore and provide practical buy, sell, or hold advice based on investors' constraints. Atkore International Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Atkore |
Execute Atkore International Buy or Sell Advice
The Atkore recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Atkore International Group. Macroaxis does not own or have any residual interests in Atkore International Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Atkore International's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Atkore International Trading Alerts and Improvement Suggestions
| Atkore International generated a negative expected return over the last 90 days | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from thelincolnianonline.com: Atkore Sets New 52-Week Low Should You Sell |
Atkore International Returns Distribution Density
The distribution of Atkore International's historical returns is an attempt to chart the uncertainty of Atkore International's future price movements. The chart of the probability distribution of Atkore International daily returns describes the distribution of returns around its average expected value. We use Atkore International Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Atkore International returns is essential to provide solid investment advice for Atkore International.
| Mean Return | -0.17 | Value At Risk | -2.72 | Potential Upside | 3.42 | Standard Deviation | 2.86 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Atkore International historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Atkore Stock Institutional Investors
The Atkore International's institutional investors refer to entities that pool money to purchase Atkore International's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Amvescap Plc. | 2024-06-30 | 860.1 K | Lsv Asset Management | 2024-09-30 | 743.9 K | Harding Loevner L.p. | 2024-06-30 | 665.6 K | Jpmorgan Chase & Co | 2024-06-30 | 620.9 K | Ameriprise Financial Inc | 2024-06-30 | 606 K | Fmr Inc | 2024-09-30 | 485.2 K | Charles Schwab Investment Management Inc | 2024-09-30 | 480 K | Clearbridge Advisors, Llc | 2024-06-30 | 476.6 K | Hill City Capital, Lp | 2024-09-30 | 460.9 K | Blackrock Inc | 2024-06-30 | 3.9 M | Vanguard Group Inc | 2024-09-30 | 3.8 M |
Atkore International Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 24.6M | (81.5M) | (161.0M) | (42.4M) | (31.9M) | (33.5M) | |
| Change In Cash | 161.1M | 291.8M | (187.5M) | (637K) | (36.7M) | (34.9M) | |
| Free Cash Flow | 215.0M | 508.4M | 651.1M | 588.7M | 399.2M | 263.7M | |
| Depreciation | 89.3M | 93.1M | 98.3M | 135.8M | 151.2M | 87.3M | |
| Other Non Cash Items | 9.3M | 7.1M | 17.2M | 14.9M | (98.7M) | (93.8M) | |
| Capital Expenditures | 33.8M | 64.5M | 135.8M | 218.9M | 149.9M | 157.4M | |
| Net Income | 152.3M | 587.9M | 913.4M | 689.9M | 472.9M | 264.8M | |
| End Period Cash Flow | 284.5M | 576.3M | 388.8M | 388.1M | 351.4M | 229.0M | |
| Dividends Paid | 39M | 3.0M | 798M | 15.7M | 34.5M | 32.7M | |
| Investments | (27.5M) | (98.0M) | (442.8M) | (302.2M) | (271.9M) | (258.3M) | |
| Net Borrowings | (61.0M) | (43.2M) | (52.1M) | (1.3M) | (1.2M) | (1.1M) | |
| Change To Netincome | 20.0M | (22.3M) | 35.4M | 46.7M | 53.7M | 56.4M |
Atkore International Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Atkore International or Electrical Equipment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Atkore International's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Atkore stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.43 | |
β | Beta against Dow Jones | 2.47 | |
σ | Overall volatility | 2.80 | |
Ir | Information ratio | -0.1 |
Atkore International Volatility Alert
Atkore International Group exhibits very low volatility with skewness of 2.23 and kurtosis of 11.63. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Atkore International's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Atkore International's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Atkore International Fundamentals Vs Peers
Comparing Atkore International's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Atkore International's direct or indirect competition across all of the common fundamentals between Atkore International and the related equities. This way, we can detect undervalued stocks with similar characteristics as Atkore International or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Atkore International's fundamental indicators could also be used in its relative valuation, which is a method of valuing Atkore International by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Atkore International to competition |
| Fundamentals | Atkore International | Peer Average |
| Return On Equity | 0.36 | -0.31 |
| Return On Asset | 0.15 | -0.14 |
| Profit Margin | 0.16 % | (1.27) % |
| Operating Margin | 0.20 % | (5.51) % |
| Current Valuation | 3.57 B | 16.62 B |
| Shares Outstanding | 34.9 M | 571.82 M |
| Shares Owned By Insiders | 0.94 % | 10.09 % |
| Shares Owned By Institutions | 99.11 % | 39.21 % |
| Number Of Shares Shorted | 3.57 M | 4.71 M |
| Price To Earning | 19.79 X | 28.72 X |
| Price To Book | 1.93 X | 9.51 X |
| Price To Sales | 0.91 X | 11.42 X |
| Revenue | 3.2 B | 9.43 B |
| Gross Profit | 1.34 B | 27.38 B |
| EBITDA | 624.78 M | 3.9 B |
| Net Income | 472.87 M | 570.98 M |
| Cash And Equivalents | 186.65 M | 2.7 B |
| Cash Per Share | 4.52 X | 5.01 X |
| Total Debt | 929.17 M | 5.32 B |
| Debt To Equity | 0.70 % | 48.70 % |
| Current Ratio | 2.77 X | 2.16 X |
| Book Value Per Share | 43.54 X | 1.93 K |
| Cash Flow From Operations | 549.03 M | 971.22 M |
| Short Ratio | 7.05 X | 4.00 X |
| Earnings Per Share | 12.69 X | 3.12 X |
| Price To Earnings To Growth | 1.39 X | 4.89 X |
| Target Price | 115.67 | |
| Number Of Employees | 4.82 K | 18.84 K |
| Beta | 2.13 | -0.15 |
| Market Capitalization | 2.97 B | 19.03 B |
| Total Asset | 3.02 B | 29.47 B |
| Retained Earnings | 1.05 B | 9.33 B |
| Working Capital | 973.89 M | 1.48 B |
Note: Disposition of 329 shares by John Pregenzer of Atkore International at 88.97 subject to Rule 16b-3 [view details]
Atkore International Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Atkore . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Atkore International Buy or Sell Advice
When is the right time to buy or sell Atkore International Group? Buying financial instruments such as Atkore Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Atkore Stock Analysis
When running Atkore International's price analysis, check to measure Atkore International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atkore International is operating at the current time. Most of Atkore International's value examination focuses on studying past and present price action to predict the probability of Atkore International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atkore International's price. Additionally, you may evaluate how the addition of Atkore International to your portfolios can decrease your overall portfolio volatility.