Atkore International Group Stock Analysis

Atkore Stock Analysis Notes

About 99.0% of the company shares are held by institutions such as insurance companies. The book value of Atkore International was presently reported as 42.91. The company has Price/Earnings To Growth (PEG) ratio of 1.39. Atkore International recorded earning per share (EPS) of 16.04. The entity last dividend was issued on the 20th of May 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.

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Atkore Largest EPS Surprises

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Atkore International Environmental, Social, and Governance (ESG) Scores

Atkore Stock Institutional Investors

Note, although Atkore International's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Atkore Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Atkore International's market, we take the total number of its shares issued and multiply it by Atkore International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Atkore Profitablity

The company has Profit Margin (PM) of 0.18 %, 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 0.23 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.23.

Management Efficiency

Atkore International has return on total asset (ROA) of 0.1703 % which means that it generated a profit of $0.1703 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.425 %, meaning that it created $0.425 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. At this time, Atkore International's Return On Tangible Assets are relatively stable compared to the past year. As of 05/27/2024, Return On Capital Employed is likely to grow to 0.36, while Return On Equity is likely to drop 0.26. At this time, Atkore International's Non Currrent Assets Other are relatively stable compared to the past year. As of 05/27/2024, Net Tangible Assets is likely to grow to about 920.9 M, while Non Current Assets Total are likely to drop slightly above 865.4 M.

Technical Drivers

As of the 27th of May, Atkore International shows the Risk Adjusted Performance of 0.0378, mean deviation of 1.92, and Downside Deviation of 3.48. 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect data for nineteen technical drivers for Atkore International Group, which can be compared to its peers. Please confirm Atkore International information ratio, as well as the relationship between the potential upside and kurtosis to decide if Atkore International is priced correctly, providing market reflects its regular price of 156.0 per share. Given that Atkore International has jensen alpha of 0.0601, 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

Atkore International Insider Trading Activities

Atkore International Outstanding Bonds

Atkore International Predictive Daily Indicators

Atkore International Corporate Filings

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.

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.

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.

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.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atkore International Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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.

Is Atkore International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Atkore International. If investors know Atkore will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Atkore International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Atkore International is measured differently than its book value, which is the value of Atkore that is recorded on the company's balance sheet. Investors also form their own opinion of Atkore International's value that differs from its market value or its book value, called intrinsic value, which is Atkore International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Atkore International's market value can be influenced by many factors that don't directly affect Atkore International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Atkore International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atkore International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atkore International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.