Atkore Stock Quote Today

ATKR -  USA Stock  

USD 71.25  0.66  0.92%

Atkore is selling at 71.25 as of the 28th of July 2021; that is -0.92 percent decrease since the beginning of the trading day. The stock's lowest day price was 70.04. Atkore has about a 26 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Atkore Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of June 2021 and ending today, the 28th of July 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Less than 26

Atkore Stock Profile

The upcoming quarterly report is expected on the 3rd of August 2021. Atkore Inc. manufactures and distributes electrical raceway products, and mechanical products and solutions 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 3256 people. more on Atkore
Atkore Inc generates negative expected return over the last 90 days
Over 100.0% of the company shares are held by institutions such as insurance companies
Latest headline from markets.businessinsider.com: Atkore International, Inc. -- Moodys announces completion of a periodic review of ratings of Atkore Inc. - Markets Insider
Atkore Fama & French Electrical Equipment
Electrical Equipment
Fama & French Classification
Atkore Inc SEC Filings
Atkore SEC Filings Security & Exchange Commission EDGAR Reports
Legal NameAtkore Inc
President CEO, DirectorJohn Williamson  (View All)
Thematic Classification
Currently Active Investing Idea (view all)
  Electrical Equipment
Average Analyst Recommendation
Analysts covering Atkore report their recommendations after researching Atkore's financial statements, talking to executives and customers, or listening in on Atkore's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Atkore Inc. The Atkore consensus assessment is calculated by taking the average forecast from all of the analysts covering Atkore.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Atkore Inc based on its profitability, leverage, liquidity, source of funds, and operating efficiency. it is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Atkore Inc financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 5 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares44.5 M42.5 M
Sufficiently Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted73.1 M76.6 M
Sufficiently Down
Increasing
Slightly volatile
Net Cash Flow from Operations233.4 M286.1 M
Significantly Down
Increasing
Slightly volatile
Total Assets1.7 B1.8 B
Notably Down
Increasing
Slightly volatile
Total Liabilities1.3 B1.4 B
Fairly Down
Increasing
Slightly volatile
Current Assets853.5 M953 M
Moderately Down
Increasing
Slightly volatile
Current Liabilities310.8 M317.6 M
Fairly Down
Increasing
Slightly volatile
Total Debt936.1 M970.2 M
Sufficiently Down
Increasing
Slightly volatile
Return on Average Assets0.110.12
Significantly Down
Increasing
Slightly volatile
Gross Margin0.290.32
Moderately Down
Increasing
Slightly volatile
Asset Turnover1.131.05
Significantly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Atkore's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldOvervalued
Financial Strength
Atkore's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Atkore's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Atkore's financial leverage. It provides some insight into what part of Atkore's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Atkore's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Atkore deploys its capital and how much of that capital is borrowed.
Liquidity
Atkore cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 800.98 M in liabilities with Debt to Equity (D/E) ratio of 1.4, which is about average as compared to similar companies. Atkore Inc has a current ratio of 3.06, suggesting that it is liquid enough and is able to pay its financial obligations when due.

Operating Cash Flow

233.45 MillionShare
Atkore Inc (ATKR) is traded on New York Stock Exchange in USA. It is located in 16100 South Lathrop Avenue, Harvey, IL 60426, United States and employs 3,256 people. Atkore is listed under Electrical Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with current market capitalization of 3.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Atkore's market, we take the total number of its shares issued and multiply it by Atkore'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 these looking for more risk prefer small-cap and mid-cap equities. Atkore Inc conducts business under Industrials sector and is part of Electrical Equipment & Parts industry. The entity has 46.98 M outstanding shares of which 855.69 K shares are presently shorted by private and institutional investors with about 1.59 trading days to cover. Atkore Inc currently holds about 304.47 M in cash with 352.72 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.48.
Check Atkore Probability Of Bankruptcy
Ownership
Atkore holds a total of fourty-six million nine hundred eighty thousand outstanding shares. The majority of Atkore Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Atkore Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Atkore. Please pay attention to any change in the institutional holdings of Atkore Inc as this could imply that something significant has changed or about to change at the company. Also note that nearly four hundred sixty-nine thousand eight hundred invesors are currently shorting Atkore expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Atkore Ownership Details

Atkore Stock Price Odds Analysis

What are Atkore's target price odds to finish over the current price? In regard to a normal probability distribution, the odds of Atkore jumping above the current price in 90 days from now is about 76.7%. The Atkore Inc probability density function shows the probability of Atkore stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.159. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Atkore will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Atkore Inc is significantly underperforming DOW.
 Odds Down 71.25HorizonTargetOdds Up 71.25 
23.16%90 days
 71.25 
76.70%
Based on a normal probability distribution, the odds of Atkore to move above the current price in 90 days from now is about 76.7 (This Atkore Inc probability density function shows the probability of Atkore Stock to fall within a particular range of prices over 90 days) .

Atkore Historical Income Statement

Atkore Inc Income Statement is one of the three primary financial statements used for reporting Atkore's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Atkore Inc revenue and expense. Atkore Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Atkore Operating Income is relatively stable at the moment as compared to the past year. Atkore reported last year Operating Income of 275.49 Million. As of 07/28/2021, Revenues is likely to grow to about 2 B, while Gross Profit is likely to drop slightly above 504.8 M. View More Fundamentals

Atkore Stock Against Markets

Picking the right benchmark for Atkore stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Atkore stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Atkore is critical whether you are bullish or bearish towards Atkore Inc at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Atkore without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Premium Stories Now

   

Premium Stories

Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
All  Next Launch Module

Atkore Corporate Directors

Atkore corporate directors refer to members of an Atkore board of directors. The board of directors generally takes responsibility for the Atkore's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Atkore's board members must vote for the resolution. The Atkore board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Nathan Sleeper - DirectorProfile
Scott Muse - Independent DirectorProfile
James Berges - DirectorProfile
Jeri Isbell - Independent DirectorProfile
Please continue to Trending Equities. Note that the Atkore Inc information on this page should be used as a complementary analysis to other Atkore's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Atkore Stock analysis

When running Atkore Inc price analysis, check to measure Atkore'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 is operating at the current time. Most of Atkore's value examination focuses on studying past and present price action to predict the probability of Atkore's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Atkore's price. Additionally, you may evaluate how the addition of Atkore to your portfolios can decrease your overall portfolio volatility.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Equity Search
Search for activelly traded equities including funds and ETFs from over 30 global markets
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
The market value of Atkore Inc 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's value that differs from its market value or its book value, called intrinsic value, which is Atkore'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's market value can be influenced by many factors that don't directly affect Atkore Inc underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Atkore's value and its price as these two are different measures arrived at by different means. Investors typically determine Atkore value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atkore'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.