Atkore Inc. engages in the manufacture and sale of electrical, mechanical, safety, and infrastructure products and solutions in the United States and internationally. The company offers metal electrical conduit and fittings, plastic pipe conduit and fittings, electrical cable and flexible conduit, and international cable management systems; and mechanical tubes and pipes, metal framing and fittings, construction services, perimeter security, and cable management for the protection and reliability of critical infrastructure. The company offers its products under the Allied Tube & Conduit, AFC Cable Systems, Kaf-Tech, Heritage Plastics, Unistrut, Power-Strut, Cope, US Tray, FRE Composites, United Poly Systems, Calbond, and Calpipe. It serves various end markets, including new construction; maintenance, repair, and remodel; infrastructure; diversified industrials; alternative power generation; healthcare; data centers; and governments through electrical, industrial, and specialty distributors, as well as original equipment manufacturers. The company was formerly known as Atkore International Group Inc. and changed its name to Atkore Inc. in February 2021. Atkore Inc. was founded in 1959 and is headquartered in Harvey, Illinois.
Analyst Perspectives | Price targets range from $93 to $125, reflecting cautious optimism amid current challenges and potential for stock re-rating as headwinds subside |
Industry Dynamics | Explore how broader weakness in telecom, construction, and utility sectors, coupled with ongoing litigation, are shaping Atkore's market position |
Financial Resilience | Despite setbacks, Atkore maintains strong financial metrics with a 31% return on equity and 20% return on invested capital, signaling potential for recovery |
Market Headwinds | Atkore faces challenges including new competition, import pressures, and operational inefficiencies, leading to reduced EBITDA guidance and stock decline |
Metrics to compare | ATKR | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipATKRPeersSector | |
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P/E Ratio | 6.3x | 25.1x | 11.8x | |
PEG Ratio | −0.23 | 0.00 | 0.03 | |
Price / Book | 1.9x | 3.5x | 1.4x | |
Price / LTM Sales | 0.9x | 1.6x | 1.2x | |
Upside (Analyst Target) | 23.6% | 24.5% | 26.9% | |
Fair Value Upside | Unlock | −12.7% | 9.0% | Unlock |