Atkore International Group Stock Today

ATKR Stock  USD 89.69  4.55  5.34%   

Performance

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Odds Of Distress

Less than 6

 
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Atkore International is selling at 89.69 as of the 25th of November 2024; that is 5.34 percent increase since the beginning of the trading day. The stock's lowest day price was 85.25. Atkore International has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Note, on June 20, 2024, Representative Michael McCaul of US Congress acquired $15k to $50k worth of Atkore International's common stock.
Business Domain
Capital Goods
IPO Date
10th of June 2016
Category
Industrials
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. The company has 34.9 M outstanding shares of which 3.57 M shares are presently shorted by private and institutional investors with about 7.05 trading days to cover. More on Atkore International Group

Atkore Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanMichael Schrock
Business ConcentrationElectrical Components & Equipment, Electrical Equipment & Parts, Industrials, NYSE Composite, Industrials, Electrical Equipment, Electrical Equipment & Parts, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.421.0598
Significantly Up
Pretty Stable
Gross Profit Margin0.210.3366
Way Down
Slightly volatile
Total Current Liabilities365.9 M510.9 M
Way Down
Slightly volatile
Non Current Liabilities Total852.1 M970.6 M
Fairly Down
Slightly volatile
Total Assets1.9 BB
Way Down
Slightly volatile
Total Current Assets964.8 M1.5 B
Way Down
Slightly volatile
Total Cash From Operating Activities331.7 M549 M
Way Down
Slightly volatile
Debt Levels
Atkore International can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Atkore International's financial leverage. It provides some insight into what part of Atkore International's total assets is financed by creditors.
Liquidity
Atkore International Group currently holds 929.17 M in liabilities with Debt to Equity (D/E) ratio of 0.7, which is about average as compared to similar companies. Atkore International has a current ratio of 2.71, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Atkore International's use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

(93.78 Million)
Atkore International Group (ATKR) is traded on New York Stock Exchange in USA. It is located in 16100 South Lathrop Avenue, Harvey, IL, United States, 60426 and employs 4,816 people. Atkore International is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.13 B. Atkore International conducts business under Electrical Equipment sector and is part of Industrials industry. The entity has 34.9 M outstanding shares of which 3.57 M shares are presently shorted by private and institutional investors with about 7.05 trading days to cover. Atkore International Group currently holds about 186.65 M in cash with 549.03 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.52.
Check Atkore International Probability Of Bankruptcy
Ownership Allocation
The majority of Atkore International Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Atkore International to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Atkore International. Please pay attention to any change in the institutional holdings of Atkore International Group as this could imply that something significant has changed or is about to change at the company. On June 20, 2024, Representative Michael McCaul of US Congress acquired $15k to $50k worth of Atkore International's common stock.
Check Atkore Ownership Details

Atkore Stock Institutional Holders

InstituionRecorded OnShares
Lsv Asset Management2024-09-30
743.9 K
Boston Partners Global Investors, Inc2024-09-30
692.4 K
Harding Loevner L.p.2024-06-30
665.6 K
Jpmorgan Chase & Co2024-06-30
620.9 K
Ameriprise Financial Inc2024-06-30
606 K
Citadel Advisors Llc2024-09-30
604.9 K
Voloridge Investment Management, Llc2024-09-30
515.4 K
Fmr Inc2024-09-30
485.2 K
Charles Schwab Investment Management Inc2024-09-30
480 K
Blackrock Inc2024-06-30
3.9 M
Vanguard Group Inc2024-09-30
3.8 M
View Atkore International Diagnostics

Atkore International Historical Income Statement

At this time, Atkore International's EBIT is relatively stable compared to the past year. As of 11/25/2024, Net Income Applicable To Common Shares is likely to grow to about 820.2 M, while Depreciation And Amortization is likely to drop slightly above 81.8 M. View More Fundamentals

Atkore Stock Against Markets

Atkore International Corporate Directors

Scott MuseIndependent DirectorProfile
Wilbert JamesIndependent DirectorProfile
Betty JohnsonIndependent DirectorProfile
Justin KershawIndependent DirectorProfile

Already Invested in Atkore International Group?

The danger of trading Atkore International Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Atkore International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Atkore International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Atkore International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

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.