Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Atkore International Group Inc Market Cap
The Atkore International Group Inc (ATKR) share price is expected to increase by 45.71% over the next year. This is based on calculating the average 12-month share price estimate provided by 7 stock analysts who have covered ATKR. Price targets range from $99 at the low end to $140 at the high end. The current analyst consensus for ATKR is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
ATKR is a stock in Industrials which has been forecasted to be worth $121.67 as an average. On the higher end, the forecast price is $140 USD by from and on the lower end ATKR is forecasted to be $99 by from .
These are the latest 20 analyst ratings of ATKR.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Chris Dankert Loop Capital | Buy | $130 | Maintains | Sep 20, 2024 |
| Jeffrey Hammond Keybanc | Overweight | $105 | Maintains | Sep 13, 2024 |
| Alex Rygiel B. Riley Securities | Buy | $135 | Maintains | Aug 7, 2024 |
| Deane Dray RBC Capital | Sector Perform | $100 | Downgrade | Aug 7, 2024 |
| Jeffrey Hammond Keybanc | Overweight | $125 | Maintains | Aug 7, 2024 |
| Jeffrey Hammond Keybanc | Overweight | $175 | Initiates | Jul 10, 2024 |
| Andrew Kaplowitz Citigroup | Neutral | $188 | Maintains | May 8, 2024 |
| Andrew Kaplowitz Citigroup | Neutral | $200 | Maintains | Apr 8, 2024 |
| Deane Dray RBC Capital | Outperform | $187 | Reiterates | Mar 22, 2024 |
| Deane Dray RBC Capital | Outperform | $187 | Reiterates | Feb 2, 2024 |
| Alex Rygiel B. Riley Securities | Buy | $186 | Maintains | Aug 10, 2023 |
| Deane Dray RBC Capital | Outperform | $186 | Maintains | Aug 9, 2023 |
| Andrew Kaplowitz Citigroup | Neutral | $163 | Maintains | Aug 9, 2023 |
| Andrew Kaplowitz Citigroup | Neutral | $159 | Maintains | May 11, 2023 |
| Deane Dray RBC Capital | Outperform | $163 | Maintains | May 10, 2023 |
| Alex Rygiel B. Riley Securities | Buy | $161 | Maintains | Feb 2, 2023 |
| Andrew Kaplowitz Citigroup | Neutral | $156 | Maintains | Feb 2, 2023 |
| Deane Dray RBC Capital | Outperform | $177 | Maintains | Feb 2, 2023 |
| Andrew Kaplowitz Citigroup | Neutral | $135 | Maintains | Dec 9, 2022 |
| Deane Dray RBC Capital | Outperform | $136 | Maintains | Nov 21, 2022 |
When did it IPO
2016
Staff Count
4,816
Country
United States
Sector/Industry
Industrials/Electrical Equipment & Parts
CEO
Mr. William E. Waltz Jr.
Market Cap
$3.02B
In 2023, ATKR generated $3.52B in revenue, which was a decrease of -10.10% from the previous year. This can be seen as a signal that ATKR's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Fri, 27 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Atkore stock has dropped significantly, suggesting a buying opportunity. Discounted Cash Flow analysis indicates undervaluation and long-term growth prospects, with a buy recommendation based on strong fundamentals.
Why It Matters - Atkore's stock drop creates a buying opportunity, backed by discounted cash flow analysis showing undervaluation and long-term growth potential, despite existing risks.
Tue, 17 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Atkore Inc. (NYSE: ATKR) will have CFO John Deitzer attending the 2024 RBC Capital Markets Global Industrials Conference on September 25, 2024.
Why It Matters - Atkore's CFO attending a major conference signals potential insights into the company's strategy and market outlook, influencing investor sentiment and stock performance.
Mon, 16 Sep 2024
Sentiment - NEGATIVE
Source - Seeking Alpha
Summary - Atkore's shares have declined since June due to soft pricing and demand, alongside an antitrust lawsuit. Earnings support remains at 15 times earnings, with a positive outlook for 2025.
Why It Matters - Atkore's share drop indicates potential undervaluation, while a solid 2025 outlook and earnings support suggest recovery. Short-term challenges include pricing softness and legal issues, affecting immediate returns.
Thu, 29 Aug 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Atkore is moderately undervalued with a potential 27% upside, aided by aggressive buybacks and anticipated market recovery. Non-residential construction growth may boost margins above pre-2020 levels.
Why It Matters - Atkore's moderate undervaluation and potential 27% upside, coupled with expected growth in non-residential construction and strong margins, signal a favorable investment opportunity.
Tue, 13 Aug 2024
Sentiment - NEGATIVE
Source - Seeking Alpha
Summary - ATKR stock has declined nearly 50% in four months and is trading below key moving averages, prompting an analysis of its weakness and potential reasons for investor optimism.
Why It Matters - ATKR's significant stock decline signals potential risks for investors, while analysis of its weakness and emerging positive factors may indicate a possible recovery opportunity.
Tue, 06 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Atkore Inc. (NYSE: ATKR) will hold its Q3 2024 Earnings Conference Call on August 6, 2024, at 8:00 AM ET, featuring key executives and analysts from major firms.
Why It Matters - The timing and participants of Atkore Inc.'s Q3 2024 earnings call signal key insights into financial performance, strategic direction, and market conditions, impacting stock valuation and investor sentiment.
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