ATKR - Atkore International Group Stock Price, News & Analysis

$20.00 0.16 (0.81 %)
(As of 11/24/2017 02:04 AM ET)
Previous Close$19.84
Today's Range$19.86 - $20.02
52-Week Range$15.05 - $27.30
Volume165,400 shs
Average Volume424,623 shs
Market Capitalization$1.27 billion
P/E Ratio16.67
Dividend YieldN/A
Beta0.81

About Atkore International Group (NYSE:ATKR)

Atkore International Group logoAtkore 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-IndustryN/A
SectorIndustrial Products
SymbolNYSE:ATKR
  • Previous Symbol: NASDAQ:ATKR
  • CUSIPN/A

    Debt

    Debt-to-Equity Ratio1.42%
    Current Ratio2.72%
    Quick Ratio1.78%

    Price-To-Earnings

    Trailing P/E Ratio16.67
    Forward P/E Ratio15.50
    P/E Growth1.33

    Sales & Book Value

    Annual Sales$1.52 billion
    Price / Sales0.84
    Cash Flow$1.89 per share
    Price / Cash10.56
    Book Value$4.12 per share
    Price / Book4.85

    Dividend

    Annual DividendN/A
    Dividend YieldN/A

    Profitability

    Trailing EPS$1.19
    Net Income$58.79 million
    Net Margins5.21%
    Return on Equity26.72%
    Return on Assets7.33%

    Miscellaneous

    Employees3,200
    Outstanding Shares64,080,000

    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 earnings results on Tuesday, November, 29th. The company reported $0.35 EPS for the quarter, missing the Zacks' consensus estimate of $0.36 by $0.01. The firm earned $416.24 million during 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 was down 4.9% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.19) EPS. View Atkore International Group's Earnings History.

    When will Atkore International Group make its next earnings announcement?

    Atkore International Group is scheduled to release their next quarterly earnings announcement on Monday, November, 27th 2017. View Earnings Estimates for Atkore International Group.

    Where is Atkore International Group's stock going? Where will Atkore International Group's stock price be in 2017?

    3 analysts have issued twelve-month target prices for Atkore International Group's stock. Their predictions range from $22.00 to $23.00. On average, they anticipate 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?

    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 IPO 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 shareholders 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 purchased 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 $20.00.

    How big of a company is Atkore International Group?

    Atkore International Group has a market capitalization of $1.27 billion and generates $1.52 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 (ATKR)

    Community Ranking:  3.0 out of 5 (star star star)
    Outperform Votes:  90 (Vote Outperform)
    Underperform Votes:  60 (Vote Underperform)
    Total Votes:  150
    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.

    Analyst Ratings

    Analysts' Consensus Rating for Atkore International Group (NYSE:ATKR)

      (How are Consensus Ratings Calculated?)
    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 (13.33% upside)

    Consensus Price Target History for Atkore International Group (NYSE:ATKR)

    Price Target History for Atkore International Group (NYSE:ATKR)

    Analysts' Ratings History for Atkore International Group (NYSE:ATKR)

    Show:
    DateFirmActionRatingPrice TargetImpact on Share PriceDetails
    10/13/2017Royal Bank Of CanadaReiterated RatingBuy$23.00N/AView Rating Details
    10/9/2017Citigroup Inc.Reiterated RatingBuy$22.00 -> $23.00N/AView Rating Details
    8/9/2017Credit Suisse GroupUpgradeNeutral -> Outperform$22.00HighView Rating Details
    7/7/2016J P Morgan Chase & CoInitiated CoverageNeutral$19.00N/AView Rating Details
    7/5/2016Deutsche Bank AGInitiated CoverageBuy$20.00N/AView Rating Details
    7/5/2016Wells Fargo & CoInitiated CoverageOutperform$20.00N/AView Rating Details
    (Data available from 11/24/2015 forward)

    Earnings

    Earnings History and Estimates Chart for Atkore International Group (NYSE:ATKR)

    Earnings by Quarter for Atkore International Group (NYSE:ATKR)

    Earnings History by Quarter for Atkore International Group (NYSE ATKR)

    DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
    11/29/2017$0.35N/AView Earnings Details
    8/8/2017Q3 2017$0.42$0.44$424.49 million$397.70 millionViewListenView Earnings Details
    5/9/2017Q2 2017$0.36$0.28$363.74 million$372.79 millionViewListenView Earnings Details
    2/7/2017Q117$0.23$0.28$353.65 million$337.60 millionViewListenView Earnings Details
    11/29/2016Q416$0.36$0.35$423.05 million$416.24 millionViewN/AView Earnings Details
    (Data available from 1/1/2011 forward)

    Estimates

    Earnings Estimates for Atkore International Group (NYSE:ATKR)
    Current Year EPS Consensus Estimate: $1.29 EPS
    Next Year EPS Consensus Estimate: $1.49 EPS

    Dividends

    Dividend History for Atkore International Group (NYSE:ATKR)
    No dividend announcements for this company have been tracked by MarketBeat.com

    Insider Trades

    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)
    Institutional Ownership by Quarter for Atkore International Group (NYSE:ATKR)

    Insider Trades by Quarter for Atkore International Group (NYSE ATKR)

    Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
    10/24/2017James A MallakVPSell77,856$20.00$1,557,120.00View SEC Filing  
    10/24/2017John Patrick WilliamsonInsiderSell56,007$20.00$1,120,140.00View SEC Filing  
    10/20/2017James A MallakCFOSell21,867$20.00$437,340.00View SEC Filing  
    10/20/2017John Patrick WilliamsonCEOSell13,536$20.00$270,720.00View SEC Filing  
    10/10/2017James A MallakVPSell101$20.00$2,020.00View SEC Filing  
    6/16/2017John Patrick WilliamsonInsiderSell70,000$21.78$1,524,600.00View SEC Filing  
    5/8/2017Peter J LariviereVPSell37,261$25.85$963,196.85View SEC Filing  
    5/4/2017Peter J LariviereVPSell60,534$26.10$1,579,937.40View SEC Filing  
    5/3/2017James A MallakVPSell12,146$26.01$315,917.46View SEC Filing  
    5/2/2017James A MallakVPSell38,380$26.04$999,415.20View SEC Filing  
    5/2/2017John Patrick WilliamsonInsiderSell22,422$26.07$584,541.54View SEC Filing  
    4/28/2017John Patrick WilliamsonInsiderSell47,578$26.26$1,249,398.28View SEC Filing  
    4/28/2017Kevin P FitzpatrickVPSell22,362$26.22$586,331.64View SEC Filing  
    2/23/2017Allied Holdings L.P. Cd&RMajor ShareholderSell10,350,000$25.00$258,750,000.00View SEC Filing  
    1/10/2017Allied Holdings L.P. Cd&RMajor ShareholderSell1,200,000$19.00$22,800,000.00View SEC Filing  
    12/13/2016Allied Holdings L.P. Cd&RMajor ShareholderSell8,000,000$19.00$152,000,000.00View SEC Filing  
    6/15/2016Allied Holdings L.P. Cd&RMajor ShareholderSell12,000,000$16.00$192,000,000.00View SEC Filing  
    (Data available from 1/1/2013 forward)

    Headlines

    Latest Headlines for Atkore International Group (NYSE ATKR)

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    Chart

    Atkore International Group (NYSE ATKR) Chart for Friday, November, 24, 2017
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    This page was last updated on 11/24/2017 by MarketBeat.com Staff

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