Atkore International Group Stock Performance
ATKR Stock | USD 171.82 0.64 0.37% |
On a scale of 0 to 100, Atkore International holds a performance score of 7. The firm shows a Beta (market volatility) of 1.92, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Atkore International will likely underperform. Please check Atkore International's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Atkore International's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Atkore International Group are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Even with relatively uncertain forward-looking signals, Atkore International reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.55 | Five Day Return 0.84 | Year To Date Return 6.96 | Ten Year Return 990.5 | All Time Return 990.5 |
Forward Dividend Yield 0.0074 | Payout Ratio 0.0169 | Forward Dividend Rate 1.28 | Dividend Date 2024-03-15 | Ex Dividend Date 2024-02-26 |
1 | Atkore Inc Faces Headwinds Net Sales Dip and Net Income Declines in Q1 2024 | 02/01/2024 |
2 | Disposition of 6548 shares by John Pregenzer of Atkore International at 158.4948 subject to Rule 16b-3 | 02/26/2024 |
3 | Insider Activity Update William E. Waltz, Jr. Executes Options Exercise, Resulting In 7.49M At Atkore | 03/05/2024 |
4 | Insider Selling Atkore Inc. Insider Sells 4,044 Shares of Stock | 03/07/2024 |
5 | Atkore Inc. Shares Could Be 21 percent Below Their Intrinsic Value Estimate | 03/14/2024 |
Atkore International dividend paid on 15th of March 2024 | 03/15/2024 |
6 | Is Atkore International Group Inc. Stock Undervalued Right Now - Yahoo Lifestyle Australia | 03/19/2024 |
7 | Disposition of 367 shares by Mark Lamps of Atkore International at 132.29 subject to Rule 16b-3 | 03/25/2024 |
8 | Atkore Inc. Shares Acquired by PFG Advisors - Defense World | 04/02/2024 |
9 | Disposition of 4126 shares by Justin Kershaw of Atkore International at 138.7793 subject to Rule 16b-3 | 04/05/2024 |
10 | SG Americas Securities LLC Makes New Investment in Atkore Inc. - Defense World | 04/12/2024 |
11 | New York State Teachers Retirement System Trims Stake in Atkore Inc. - Defense World | 04/19/2024 |
Begin Period Cash Flow | 388.8 M | |
Total Cashflows From Investing Activities | -302.1 M |
Atkore |
Atkore International Relative Risk vs. Return Landscape
If you would invest 15,187 in Atkore International Group on January 24, 2024 and sell it today you would earn a total of 1,995 from holding Atkore International Group or generate 13.14% return on investment over 90 days. Atkore International Group is currently generating 0.2261% in daily expected returns and assumes 2.3296% risk (volatility on return distribution) over the 90 days horizon. In different words, 20% of stocks are less volatile than Atkore, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
Atkore International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atkore International's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Atkore International Group, and traders can use it to determine the average amount a Atkore International's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.097
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Estimated Market Risk
2.33 actual daily | 20 80% of assets are more volatile |
Expected Return
0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Atkore International is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Atkore International by adding it to a well-diversified portfolio.
Atkore International Fundamentals Growth
Atkore Stock prices reflect investors' perceptions of the future prospects and financial health of Atkore International, and Atkore International fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Atkore Stock performance.
Return On Equity | 0.47 | ||||
Return On Asset | 0.19 | ||||
Profit Margin | 0.19 % | ||||
Operating Margin | 0.22 % | ||||
Current Valuation | 6.85 B | ||||
Shares Outstanding | 36.77 M | ||||
Price To Earning | 19.79 X | ||||
Price To Book | 4.20 X | ||||
Price To Sales | 1.81 X | ||||
Revenue | 3.52 B | ||||
Gross Profit | 1.34 B | ||||
EBITDA | 1.03 B | ||||
Net Income | 689.9 M | ||||
Cash And Equivalents | 186.65 M | ||||
Cash Per Share | 4.52 X | ||||
Total Debt | 884.43 M | ||||
Debt To Equity | 0.70 % | ||||
Current Ratio | 2.77 X | ||||
Book Value Per Share | 40.71 X | ||||
Cash Flow From Operations | 807.63 M | ||||
Earnings Per Share | 16.68 X | ||||
Market Capitalization | 6.32 B | ||||
Total Asset | 2.94 B | ||||
Retained Earnings | 994.9 M | ||||
Working Capital | 973.89 M | ||||
Current Asset | 582.92 M | ||||
Current Liabilities | 204.82 M | ||||
About Atkore International Performance
To evaluate Atkore International Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Atkore International generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Atkore Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Atkore International market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Atkore's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for Next Year | ||
Days Of Inventory On Hand | 74.44 | 48.65 | |
Return On Tangible Assets | 0.28 | 0.29 | |
Return On Capital Employed | 0.34 | 0.36 | |
Return On Assets | 0.21 | 0.22 | |
Return On Equity | 0.42 | 0.26 |
Things to note about Atkore International performance evaluation
Checking the ongoing alerts about Atkore International for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Atkore International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Over 99.0% of the company shares are held by institutions such as insurance companies | |
On 15th of March 2024 Atkore International paid $ 0.32 per share dividend to its current shareholders | |
Latest headline from news.google.com: New York State Teachers Retirement System Trims Stake in Atkore Inc. - Defense World |
- Analyzing Atkore International's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Atkore International's stock is overvalued or undervalued compared to its peers.
- Examining Atkore International's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Atkore International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Atkore International's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Atkore International's stock. These opinions can provide insight into Atkore International's potential for growth and whether the stock is currently undervalued or overvalued.
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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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.
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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.