Atkore International Stock Target Price and Analyst Consensus

ATKR Stock  USD 171.82  0.64  0.37%   
The current analyst and expert consensus on Atkore International is Strong Buy, with 2 strong buy opinions. The current projected Atkore International target price consensus is 178.00 with 5 analyst opinions. The most common way Atkore International analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Atkore International executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Atkore International. We strongly encourage you to use your own analysis of Atkore International to validate this buy or sell advice. Atkore International buy-or-sell recommendation module provides average expert sentiment on the projected Atkore International target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Atkore International to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
161.98
Highest Forecast
197.58
Target Price
178
At this time, Atkore International's Gross Profit is relatively stable compared to the past year. As of 04/23/2024, Pretax Profit Margin is likely to grow to 0.23, while Gross Profit Margin is likely to drop 0.20. At this time, Atkore International's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 04/23/2024, Other Liabilities is likely to grow to about 47.8 M, while Other Current Liabilities is likely to drop slightly above 112.1 M.
  
It's important to approach Atkore International's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Atkore International price targets

Atkore International's stock target price is an estimate of its future price, usually made by analysts. Using Atkore International's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Atkore International's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Atkore International's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Atkore International Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Atkore International is a key component of Atkore International valuation and have some predictive power on the future returns of a Atkore International.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Atkore International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
169.04171.37173.70
Details
Intrinsic
Valuation
LowRealHigh
171.55173.88176.21
Details
Earnings
Estimates (0)
LowProjected EPSHigh
3.693.804.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Atkore International. Your research has to be compared to or analyzed against Atkore International's peers to derive any actionable benefits. When done correctly, Atkore International's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Atkore International.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Investor Favorites Idea
Investor Favorites
Invested a lot of shares
Manufacturing Idea
Manufacturing
Invested over 40 shares
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 Macroaxis Advice on Atkore International to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Commodity Directory
Find actively traded commodities issued by global exchanges
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Global Correlations
Find global opportunities by holding instruments from different markets
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
The data published in Atkore International's official financial statements usually reflect Atkore International's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Atkore International. For example, before you start analyzing numbers published by Atkore accountants, it's critical to develop an understanding of what Atkore International's liquidity, profitability, and earnings quality are in the context of the Electrical Equipment space in which it operates.
Please note, the presentation of Atkore International's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Atkore International's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Atkore International's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Atkore International Group. Please utilize our Beneish M Score to check the likelihood of Atkore International's management manipulating its earnings.