Philip Knisely - Atkore International Non-executive Chairman of the Board

ATKR Stock  USD 171.18  1.06  0.62%   

Chairman

Mr. Philip W. Knisely serves as Nonexecutive Chairman of the Board of the Company. Mr. Knisely became a director in, and has served as Chairman of our board of directors since, December 2010. Mr. Knisely was an operating advisor to CDR funds since 2010. In 2010, he retired from Danaher Corporationrationration, a leading manufacturer of medical equipment and environmental and professional instrumentation, where he served for ten years as Executive Vice President and Corporationrationrate Officer. Prior to Danaher, Mr. Knisely cofounded Colfax Corporationrationration, a designer, manufacturer, and distributor of fluid handling products, serving as President and Chief Executive Officer. Previously, Mr. Knisely was President and Chief Executive Officer of AMF Industries, a privately held diversified manufacturer, and spent ten years at Emerson Electric. He serves as a director of Beacon Roofing Supply, Inc. and previously served on the board of directors of Diversey Inc. and Roofing Supply Group, LLC since 2010.
Age 62
Tenure 14 years
Professional MarksMBA
Address 16100 South Lathrop Avenue, Harvey, IL, United States, 60426
Phone708 339 1610
Webhttps://www.atkore.com
Knisely formerly served as the Chairman of the Darden Foundation at the University of Virginia, where he received his M.B.A. He was also a GM Fellowship Scholar at Kettering University, where he earned a B.S. in Industrial Engineering.

Atkore International Management Efficiency

The company has return on total asset (ROA) of 0.1902 % which means that it generated a profit of $0.1902 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4715 %, meaning that it created $0.4715 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 04/18/2024, 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 04/18/2024, 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.
The company currently holds 884.43 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. Debt can assist Atkore International until it has trouble settling it off, either with new capital or with free cash flow. So, Atkore International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Atkore International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Atkore to invest in growth at high rates of return. When we think about Atkore International's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 6 records

CHAIRMAN Age

Robert RuhlmanPreformed Line Products
67
Jianfeng HeHollysys Automation Technologie
50
Patrick MulcahyEnergizer Holdings
73
Donald CharronKimball Electronics
60
Howard PinsleyEspey Mfg Electronics
78
Patrick MooreEnergizer Holdings
66
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. 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.

Management Performance

Atkore International Leadership Team

Elected by the shareholders, the Atkore International's board of directors comprises two types of representatives: Atkore International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Atkore. The board's role is to monitor Atkore International's management team and ensure that shareholders' interests are well served. Atkore International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Atkore International's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lee Paree, VP Technology
A Zeffiro, Independent Director
John Deitzer, Vice Relations
Kevin Fitzpatrick, Vice President - Global Human Resources
Melissa Kidd, VP Sales
Daniel Kelly, Vice President, General Counsel, Corporate Secretary
Nathan Sleeper, Director
Scott Muse, Independent Director
William Waltz, Vice President and President - Conduit & Fittings
Peter Lariviere, Vice President and President - Cable Solutions
David Johnson, Chief Financial Officer, Chief Accounting Officer, Vice President
Philip Knisely, Non-executive Chairman of the Board
James Berges, Director
Jeri Isbell, Independent Director
Michael Schulte, Vice President and President - Mechanical Products & Solutions
John Stampfel, Vice President of Business Development and Strategy
Mark Zeffiro, Independent Director
John Pregenzer, President, Electrical Business Unit
LeAngela Lowe, Vice President Global Human Resources
Wilbert James, Independent Director
Michael Schrock, Non-Executive Independent Chairman of the Board
Jonathan Zrebiec, Director
Betty Johnson, Independent Director
Mark Lamps, Group President of Security and Infrastructure Business Unit
Justin Kershaw, Independent Director
Lisa Winter, Vice Communications
Daniel Esq, General VP
James Mallak, CFO, Vice President
Matthew Kline, Vice Relations
John Williamson, President CEO, Director
William VanArsdale, Independent Director

Atkore Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Atkore International a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Atkore International Investors Sentiment

The influence of Atkore International's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Atkore. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Atkore International's public news can be used to forecast risks associated with an investment in Atkore. The trend in average sentiment can be used to explain how an investor holding Atkore can time the market purely based on public headlines and social activities around Atkore International Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Atkore International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Atkore International's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Atkore International's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Atkore International.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Atkore International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Atkore International's short interest history, or implied volatility extrapolated from Atkore International options trading.

Pair Trading with Atkore International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Atkore International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Atkore International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Atkore Stock

  0.84ROBOF RoboGroup TEKPairCorr

Moving against Atkore Stock

  0.81ENVX Enovix Corp Earnings Call This WeekPairCorr
  0.79EVRC EvercelPairCorr
  0.74ENR Energizer Holdings Financial Report 13th of May 2024 PairCorr
  0.64FCEL FuelCell Energy Financial Report 13th of June 2024 PairCorr
  0.56EPOW Sunrise New Energy Report 21st of May 2024 PairCorr
The ability to find closely correlated positions to Atkore International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atkore International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Atkore International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Atkore International Group to buy it.
The correlation of Atkore International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Atkore International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atkore International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Atkore International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Atkore International is a strong investment it is important to analyze Atkore International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atkore International's future performance. For an informed investment choice regarding Atkore Stock, refer to the following important reports:
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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary 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.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
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.
Quarterly Earnings Growth
(0.14)
Earnings Share
16.68
Revenue Per Share
91.461
Quarterly Revenue Growth
(0.04)
Return On Assets
0.1902
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.