About Atkore International Group (NYSE:ATKR)
Atkore International Group Inc. is a manufacturer of electrical raceway products. The Company's products are primarily offered for non-residential construction and renovation markets, and mechanical products and solutions (MP&S) for the construction and industrial markets. The Company operates in two segments: Electrical Raceway and MP&S. Through the electrical raceway segment, it manufactures products that deploy, isolate and protect a structure's electrical circuitry from the original power source to the final outlet. The Company's electrical raceway segment products include electrical conduit, armored cable, cable trays, mounting systems and fittings. Through the MP&S segment, it provides products and services that frame, support and secure component parts in a range of structures, equipment and systems in electrical, industrial and construction applications. The Company's MP&S segment products include metal framing products and in-line galvanized mechanical tube.
Industry, Sector and Symbol:
- Industry: Electrical Components & Equipment
- Sub-Industry: N/A
- Sector: Industrial Products
- Symbol: NYSE:ATKR
- Previous Symbol: NASDAQ:ATKR
- CUSIP: N/A
- Web: www.atkore.com
- Debt-to-Equity Ratio: 1.42%
- Current Ratio: 2.72%
- Quick Ratio: 1.78%
Sales & Book Value:
- Trailing P/E Ratio: 16.44
- Forward P/E Ratio: 15.16
- P/E Growth: 1.31
- Annual Sales: $1.52338 billion
- Price / Sales: 0.82
- Cash Flow: $1.88 per share
- Price / Cash: 10.41
- Book Value: $4.12 per share
- Price / Book: 4.75
- Trailing EPS: $1.19
- Net Income: $58.79 million
- Net Margins: 5.21%
- Return on Equity: 26.72%
- Return on Assets: 7.33%
- Employees: 3,200
- Outstanding Shares: 64,080,000
Frequently Asked Questions for Atkore International Group (NYSE:ATKR)
What is Atkore International Group's stock symbol?
Atkore International Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATKR."
How were Atkore International Group's earnings last quarter?
Atkore International Group Inc. (NYSE:ATKR) released its quarterly earnings results on Tuesday, November, 29th. The company reported $0.35 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by $0.01. The business had revenue of $416.24 million for the quarter, compared to the consensus estimate of $423.05 million. Atkore International Group had a net margin of 5.21% and a return on equity of 26.72%. The firm's revenue for the quarter was down 4.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.19) EPS. View Atkore International Group's Earnings History.
When will Atkore International Group make its next earnings announcement?
Where is Atkore International Group's stock going? Where will Atkore International Group's stock price be in 2017?
3 analysts have issued 1 year price targets for Atkore International Group's shares. Their forecasts range from $22.00 to $23.00. On average, they expect Atkore International Group's share price to reach $22.67 in the next twelve months. View Analyst Ratings for Atkore International Group.
What are Wall Street analysts saying about Atkore International Group stock?
Here are some recent quotes from research analysts about Atkore International Group stock:
- 1. According to Zacks Investment Research, "Atkore International Group Inc. manufactures and distributes electrical raceway products. It offers steel tubes and pipes, electrical conduit, armored wire and cable, cable trays, metal framing systems and building components. Atkore International Group Inc. is based in Harvey, Illinois. " (10/10/2017)
- 2. Credit Suisse Group analysts commented, "We continue to believe the project is completed and comes online in mid-2020 given current pipeline politics." (11/30/2016)
Who are some of Atkore International Group's key competitors?
Some companies that are related to Atkore International Group include Anixter International (AXE), Hollysys Automation Technologies (HOLI), AZZ (AZZ), Chase (CCF), General Cable Corporation (BGC), MTS Systems Corporation (MTSC), FARO Technologies (FARO), GrafTech International Ltd (GTI), XP Power (XPP), NL Industries (NL), Oxford Instruments plc (OXIG), Kimball Electronics (KE), Judges Scientific PLC (JDG), Volex PLC (VLX), American Superconductor Corporation (AMSC), Elektron Technology PLC (EKT), Polar Power (POLA) and Dewhurst plc (DWHT).
Who are Atkore International Group's key executives?
Atkore International Group's management team includes the folowing people:
- Philip W. Knisely, Non-executive Chairman of the Board (Age 62)
- John P. Williamson, President, Chief Executive Officer, Director (Age 55)
- James A. Mallak, Chief Financial Officer, Vice President (Age 56)
- Daniel S. Kelly, Vice President, General Counsel, Secretary (Age 56)
- Kevin P. Fitzpatrick, Vice President - Global Human Resources (Age 52)
- Peter J. Lariviere, Vice President and President - Cable Solutions (Age 55)
- Michael J. Schulte, Vice President and President - Mechanical Products & Solutions (Age 49)
- William E. Waltz, Vice President and President - Conduit & Fittings (Age 52)
- James G. Berges, Director (Age 69)
- Nathan K. Sleeper, Director (Age 43)
When did Atkore International Group IPO?
(ATKR) raised $252 million in an initial public offering on Friday, June 10th 2016. The company issued 12,000,000 shares at a price of $20.00-$22.00 per share. Credit Suisse, Deutsche Bank Securities, J.P. Morgan and UBS Investment Bank served as the underwriters for the IPO and Citigroup, RBC Capital Markets and Wells Fargo Securities were co-managers.
Who owns Atkore International Group stock?
Atkore International Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Macquarie Group Ltd. (2.82%), Vaughan Nelson Investment Management L.P. (2.54%), Wells Fargo & Company MN (2.28%), Van Den Berg Management I Inc. (2.14%), Russell Investments Group Ltd. (1.62%) and Schwab Charles Investment Management Inc. (0.59%). Company insiders that own Atkore International Group stock include Allied Holdings LP Cd&R, James A Mallak, John Patrick Williamson, Kevin P Fitzpatrick and Peter J Lariviere. View Institutional Ownership Trends for Atkore International Group.
Who sold Atkore International Group stock? Who is selling Atkore International Group stock?
Atkore International Group's stock was sold by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Principal Financial Group Inc., Citadel Advisors LLC, Walthausen & Co. LLC, Gilder Gagnon Howe & Co. LLC, Canada Pension Plan Investment Board, Russell Investments Group Ltd. and Oppenheimer Asset Management Inc.. Company insiders that have sold Atkore International Group company stock in the last year include Allied Holdings LP Cd&R, James A Mallak, John Patrick Williamson, Kevin P Fitzpatrick and Peter J Lariviere. View Insider Buying and Selling for Atkore International Group.
Who bought Atkore International Group stock? Who is buying Atkore International Group stock?
Atkore International Group's stock was bought by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Van Den Berg Management I Inc., Wells Fargo & Company MN, Schwab Charles Investment Management Inc., Point72 Asset Management L.P., Dimensional Fund Advisors LP, Cornerstone Capital Management Holdings LLC. and Highbridge Capital Management LLC. View Insider Buying and Selling for Atkore International Group.
How do I buy Atkore International Group stock?
Shares of Atkore International Group can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Atkore International Group's stock price today?
One share of Atkore International Group stock can currently be purchased for approximately $19.56.
How big of a company is Atkore International Group?
Atkore International Group has a market capitalization of $1.25346 billion and generates $1.52338 billion in revenue each year. The company earns $58.79 million in net income (profit) each year or $1.19 on an earnings per share basis. Atkore International Group employs 3,200 workers across the globe.
How can I contact Atkore International Group?
Atkore International Group's mailing address is 16100 SOUTH LATHROP AVENUE, HARVEY IL, 60426. The company can be reached via phone at 708-339-1610 or via email at [email protected]
MarketBeat Community Rating for Atkore International Group (NYSE ATKR)MarketBeat's community ratings are surveys of what our community members think about Atkore International Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Atkore International Group (NYSE:ATKR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 3 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$22.67 (15.88% upside)|
Consensus Price Target History for Atkore International Group (NYSE:ATKR)
Analysts' Ratings History for Atkore International Group (NYSE:ATKR)
(Data available from 11/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/13/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$23.00||N/A|
|10/9/2017||Citigroup Inc.||Reiterated Rating||Buy||$22.00 -> $23.00||N/A|
|8/9/2017||Credit Suisse Group||Upgrade||Neutral -> Outperform||$22.00||High|
|7/7/2016||J P Morgan Chase & Co||Initiated Coverage||Neutral||$19.00||N/A|
|7/5/2016||Deutsche Bank AG||Initiated Coverage||Buy||$20.00||N/A|
|7/5/2016||Wells Fargo & Company||Initiated Coverage||Outperform||$20.00||N/A|
Earnings History and Estimates Chart for Atkore International Group (NYSE:ATKR)
Earnings History by Quarter for Atkore International Group (NYSE ATKR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/8/2017||Q3 2017||$0.42||$0.44||$424.49 million||$397.70 million||View||Listen|
|5/9/2017||Q2 2017||$0.36||$0.28||$363.74 million||$372.79 million||View||Listen|
|2/7/2017||Q117||$0.23||$0.28||$353.65 million||$337.60 million||View||Listen|
|11/29/2016||Q416||$0.36||$0.35||$423.05 million||$416.24 million||View||N/A|
Earnings Estimates for Atkore International Group (NYSE:ATKR)
Current Year EPS Consensus Estimate: $1.29 EPS
Next Year EPS Consensus Estimate: $1.49 EPS
Dividend History for Atkore International Group (NYSE:ATKR)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Atkore International Group (NYSE ATKR)
Insider Ownership Percentage: 68.80%
Institutional Ownership Percentage: 97.71%
Insider Trades by Quarter for Atkore International Group (NYSE ATKR)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/24/2017||James A Mallak||VP||Sell||77,856||$20.00||$1,557,120.00|| |
|10/24/2017||John Patrick Williamson||Insider||Sell||56,007||$20.00||$1,120,140.00|| |
|10/20/2017||James A Mallak||CFO||Sell||21,867||$20.00||$437,340.00|| |
|10/20/2017||John Patrick Williamson||CEO||Sell||13,536||$20.00||$270,720.00|| |
|10/10/2017||James A Mallak||VP||Sell||101||$20.00||$2,020.00|| |
|6/16/2017||John Patrick Williamson||Insider||Sell||70,000||$21.78||$1,524,600.00|| |
|5/8/2017||Peter J Lariviere||VP||Sell||37,261||$25.85||$963,196.85|| |
|5/4/2017||Peter J Lariviere||VP||Sell||60,534||$26.10||$1,579,937.40|| |
|5/3/2017||James A Mallak||VP||Sell||12,146||$26.01||$315,917.46|| |
|5/2/2017||James A Mallak||VP||Sell||38,380||$26.04||$999,415.20|| |
|5/2/2017||John Patrick Williamson||Insider||Sell||22,422||$26.07||$584,541.54|| |
|4/28/2017||John Patrick Williamson||Insider||Sell||47,578||$26.26||$1,249,398.28|| |
|4/28/2017||Kevin P Fitzpatrick||VP||Sell||22,362||$26.22||$586,331.64|| |
|2/23/2017||Allied Holdings L.P. Cd&R||Major Shareholder||Sell||10,350,000||$25.00||$258,750,000.00|| |
|1/10/2017||Allied Holdings L.P. Cd&R||Major Shareholder||Sell||1,200,000||$19.00||$22,800,000.00|| |
|12/13/2016||Allied Holdings L.P. Cd&R||Major Shareholder||Sell||8,000,000||$19.00||$152,000,000.00|| |
|6/15/2016||Allied Holdings L.P. Cd&R||Major Shareholder||Sell||12,000,000||$16.00||$192,000,000.00|| |
Latest Headlines for Atkore International Group (NYSE ATKR)
Atkore International Group (NYSE ATKR) Chart for Monday, November, 20, 2017