Atkore International Group Stock Analysis
ATKR Stock | USD 89.69 4.55 5.34% |
Atkore International Group is overvalued with Real Value of 74.92 and Target Price of 178.0. The main objective of Atkore International stock analysis is to determine its intrinsic value, which is an estimate of what Atkore International Group is worth, separate from its market price. There are two main types of Atkore International's stock analysis: fundamental analysis and technical analysis.
The Atkore International stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Atkore International is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. Atkore Stock trading window is adjusted to America/New York timezone.
Atkore |
Atkore Stock Analysis Notes
About 99.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.93. Some equities with similar Price to Book (P/B) outperform the market in the long run. Atkore International has Price/Earnings To Growth (PEG) ratio of 1.39. The entity recorded earning per share (EPS) of 12.69. The firm last dividend was issued on the 6th of December 2024. Atkore Inc. manufactures and sells electrical, safety, and infrastructure products in the United States and internationally. Atkore Inc. was founded in 1959 and is headquartered in Harvey, Illinois. Atkore operates under Electrical Equipment Parts classification in the United States and is traded on New York Stock Exchange. It employs 3400 people. For more info on Atkore International Group please contact the company at 708 339 1610 or go to https://www.atkore.com.Atkore International Quarterly Total Revenue |
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Atkore International Investment Alerts
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 Upcoming and Recent Events
1st of February 2024 Upcoming Quarterly Report | View | |
14th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
15th of November 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
30th of September 2023 Last Financial Announcement | View |
Atkore Largest EPS Surprises
Earnings surprises can significantly impact Atkore International's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2019-05-07 | 2019-03-31 | 0.75 | 0.83 | 0.08 | 10 | ||
2018-11-28 | 2018-09-30 | 0.71 | 0.79 | 0.08 | 11 | ||
2018-02-06 | 2017-12-31 | 0.35 | 0.46 | 0.11 | 31 |
Atkore International Environmental, Social, and Governance (ESG) Scores
Atkore International's ESG score is a quantitative measure that evaluates Atkore International's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Atkore International's operations that may have significant financial implications and affect Atkore International's stock price as well as guide investors towards more socially responsible investments.
Atkore Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
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 Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.97 B.Atkore Profitablity
The company has Profit Margin (PM) of 0.16 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.2 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.2.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.20 | 0.11 | |
Return On Capital Employed | 0.25 | 0.16 | |
Return On Assets | 0.16 | 0.08 | |
Return On Equity | 0.31 | 0.26 |
Management Efficiency
Atkore International has return on total asset (ROA) of 0.1543 % which means that it generated a profit of $0.1543 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3649 %, meaning that it created $0.3649 on every $100 dollars invested by stockholders. Atkore International's management efficiency ratios could be used to measure how well Atkore International manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/22/2024, Return On Tangible Assets is likely to drop to 0.11. In addition to that, Return On Capital Employed is likely to drop to 0.16. At this time, Atkore International's Non Currrent Assets Other are relatively stable compared to the past year. As of 11/22/2024, Other Current Assets is likely to grow to about 166.3 M, while Non Current Assets Total are likely to drop slightly above 928.8 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 34.06 | 35.76 | |
Tangible Book Value Per Share | 17.69 | 18.58 | |
Enterprise Value Over EBITDA | 0.92 | 0.97 | |
Price Book Value Ratio | 4.53 | 5.31 | |
Enterprise Value Multiple | 0.92 | 0.97 | |
Price Fair Value | 4.53 | 5.31 |
Understanding the management dynamics of Atkore International Group allows us to gauge its ability to sustain growth and profitability. This comprehensive analysis aids in determining the stock's value.
Dividend Yield 0.0152 | Operating Margin 0.2045 | Profit Margin 0.1647 | Forward Dividend Yield 0.0152 | Beta 2.127 |
Technical Drivers
As of the 22nd of November, Atkore International shows the Standard Deviation of 2.86, mean deviation of 1.86, and Risk Adjusted Performance of (0.04). Atkore International technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Atkore International coefficient of variation and maximum drawdown to decide if Atkore International is priced correctly, providing market reflects its regular price of 89.69 per share. Given that Atkore International has information ratio of (0.1), we suggest you to validate Atkore International Group's prevailing market performance to make sure the company can sustain itself at a future point.Atkore International Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Atkore International middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Atkore International. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Atkore International Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Atkore International insiders, such as employees or executives, is commonly permitted as long as it does not rely on Atkore International's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Atkore International insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Atkore International Outstanding Bonds
Atkore International issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Atkore International uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Atkore bonds can be classified according to their maturity, which is the date when Atkore International Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Atkore International Predictive Daily Indicators
Atkore International intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Atkore International stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 174595.0 | |||
Daily Balance Of Power | 0.5522 | |||
Rate Of Daily Change | 1.05 | |||
Day Median Price | 89.37 | |||
Day Typical Price | 89.48 | |||
Price Action Indicator | 2.59 | |||
Period Momentum Indicator | 4.55 |
Atkore International Corporate Filings
8K | 21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 20th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
19th of November 2024 Other Reports | ViewVerify | |
F4 | 15th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 14th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F4 | 13th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 22nd of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
Atkore International Forecast Models
Atkore International's time-series forecasting models are one of many Atkore International's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Atkore International's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Atkore Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Atkore International prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Atkore shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Atkore International. By using and applying Atkore Stock analysis, traders can create a robust methodology for identifying Atkore entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.18 | 0.19 | |
Operating Profit Margin | 0.20 | 0.10 | |
Net Profit Margin | 0.15 | 0.16 | |
Gross Profit Margin | 0.34 | 0.21 |
Current Atkore Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Atkore analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Atkore analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
178.0 | Strong Buy | 6 | Odds |
Most Atkore analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Atkore stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Atkore International, talking to its executives and customers, or listening to Atkore conference calls.
Atkore Stock Analysis Indicators
Atkore International Group stock analysis indicators help investors evaluate how Atkore International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Atkore International shares will generate the highest return on investment. By understating and applying Atkore International stock analysis, traders can identify Atkore International position entry and exit signals to maximize returns.
Begin Period Cash Flow | 388.1 M | |
Total Stockholder Equity | 1.5 B | |
Property Plant And Equipment Net | 832.7 M | |
Cash And Short Term Investments | 351.4 M | |
Cash | 351.4 M | |
50 Day M A | 87.7438 | |
Total Current Liabilities | 510.9 M | |
Forward Price Earnings | 7.4019 | |
Dividends Paid | 34.5 M | |
Interest Expense | 35.6 M | |
Stock Based Compensation | 20.3 M | |
Quarterly Earnings Growth Y O Y | -0.351 | |
Free Cash Flow | 399.2 M | |
Operating Income | 624.8 M | |
Other Current Assets | 158.4 M | |
Accounts Payable | 262.2 M | |
Net Debt | 577.8 M | |
Depreciation | 151.2 M | |
Other Operating Expenses | 2.5 B | |
Non Current Assets Total | 1.5 B | |
Liabilities And Stockholders Equity | 3 B | |
Home Category | Domestic | |
Non Currrent Assets Other | 9.3 M |
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.