Atkore International Group (ATKR)
NYSE:ATKR
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Atkore International Group
(NYSE:ATKR)
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Rating:51Neutral
Price Target:
$66.00
â–¼(-3.93% Downside)
Action:ReiteratedDate:04/09/26
ATKR’s score is held back primarily by sharply deteriorated financial performance (revenue decline, margin compression, and a swing to TTM net losses). Technicals are somewhat supportive with price above key moving averages, but momentum signals are mixed. Valuation is a headwind due to a high P/E relative to current earnings, while the earnings call adds modest support from reaffirmed guidance, productivity gains, and expectations for a back-half recovery despite ongoing pricing and cost pressures.
Positive Factors
Strategic portfolio focus
Divesting non-core HDPE (and prior Tectron action) tightens focus on electrical infrastructure where Atkore has scale. Sharper portfolio alignment should lift structural margins and ROIC over time and free capital to invest in higher-return products and channels.
Negative Factors
Revenue and gross margin deterioration
A material decline in top-line and gross margin signals structural pricing or mix weakness rather than a short blip. Sustained revenue decline and margin compression reduce operating leverage, constrain reinvestment and make earnings recovery sensitive to market and pricing improvements.
Read all positive and negative factors
Positive Factors
Negative Factors
Strategic portfolio focus
Divesting non-core HDPE (and prior Tectron action) tightens focus on electrical infrastructure where Atkore has scale. Sharper portfolio alignment should lift structural margins and ROIC over time and free capital to invest in higher-return products and channels.
Read all positive factors
Atkore International Group (ATKR) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.29B
Dividend Yield2.02%
Average Volume (3M)321.84K
Price to Earnings (P/E)36.1
Beta (1Y)1.28
Revenue Growth-10.98%
EPS Growth-103.99%
CountryUS
Employees5,264
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)0.83
Shares Outstanding33,750,640
10 Day Avg. Volume302,541
30 Day Avg. Volume321,841
Financial Highlights & Ratios
PEG Ratio1.36
Price to Book (P/B)1.53
Price to Sales (P/S)0.75
P/FCF Ratio7.22
Enterprise Value/Market Cap1.23
Enterprise Value/Revenue0.99
Enterprise Value/Gross Profit4.67
Enterprise Value/Ebitda22.04
Forecast
1Y Price Target
$72.33Price Target Upside5.28% Upside
Rating ConsensusHold
Number of Analyst Covering4
EPS Forecast (FY)5.22
Revenue Forecast (FY)$3.00B
Atkore International Group Business Overview & Revenue Model
Company Description
Atkore Inc. manufactures and sells electrical, safety, and infrastructure products in the United States and internationally. The company offers electrical products, including conduits cables, and installation accessories. It also provides safety a...
How the Company Makes Money
Atkore makes money by manufacturing and selling electrical and infrastructure products, with revenue primarily generated from product sales (rather than subscriptions or services). Its key revenue streams typically include: (1) Electrical conduit,...
Atkore International Group Earnings Call Summary
Earnings Call Date:Feb 03, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:May 12, 2026
Earnings Call Sentiment Neutral
The call balanced clear operational execution and strategic progress (quarterly beats, >$30M productivity savings, divestiture and facility consolidation actions, reaffirmed full-year guidance and a strong balance sheet) with notable near-term challenges (material YoY EPS decline, ASP pressure—particularly in PVC—electrical segment margin compression, input-cost volatility and timing-related cash flow weakness). Management expressed confidence in mid-single-digit volume growth, back-half recovery in price/cost dynamics and continued productivity, but acknowledged several headwinds that are front-loaded in the year.Positive Updates
Quarterly Financial Beats
Net sales of $656 million and adjusted EBITDA of $69 million both came in above the company's outlook range for Q1; adjusted EPS was $0.83, also above the top end of the outlook range.
Negative Updates
Material Decline in Reported EPS Year-over-Year
Adjusted EPS fell to $0.83 from $1.63 in the prior-year quarter, a decline of approximately 49%, driven by mix, price pressure and timing dynamics.
Read all updates
Q1-2026 Updates
Positive
Negative
Quarterly Financial Beats
Net sales of $656 million and adjusted EBITDA of $69 million both came in above the company's outlook range for Q1; adjusted EPS was $0.83, also above the top end of the outlook range.
Read all positive updates
Company Guidance
Atkore reaffirmed its FY26 guidance, calling for net sales of $2.95 billion to $3.05 billion (approximately $40 million of annual sales removed for the Tectron divestiture), adjusted EBITDA of $340 million to $360 million and adjusted EPS of $5.05 to $5.55; Q1 results beat outlook with net sales of $656 million, adjusted EBITDA of $69 million and adjusted EPS of $0.83, while organic volume was +2% and average selling prices fell ~3% in the quarter. Management said productivity contributed over $30 million of year‑over‑year savings, S&I segment margin was 16.2% in Q1 (but management expects a more normalized S&I margin of ~12–14%), and volume growth is expected to be mid‑single digits for the full year with demand weighted to the back half; price/cost pressure is largely loaded in the first half with the back half expected to be slightly price‑positive. Cash highlights included a favorable cash position in Q1, $18 million of divestiture proceeds recognized (with an additional ~$7 million expected in Q2), no debt maturities until 2030, an expectation for modestly positive operating cash flow in Q2 and ramping in Q3–Q4, and a modestly reduced capex plan.Atkore International Group Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
58
Neutral
Cash Flow
62
Positive
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.84B | 2.85B | 3.20B | 3.52B | 3.91B | 2.93B |
| Gross Profit | 600.63M | 634.17M | 1.02B | 1.28B | 1.60B | 1.09B |
| EBITDA | 127.40M | 174.52M | 774.03M | 1.02B | 1.33B | 905.97M |
| Net Income | -46.52M | -15.18M | 472.87M | 689.90M | 913.43M | 587.86M |
Balance Sheet | ||||||
| Total Assets | 2.79B | 2.85B | 3.02B | 2.94B | 2.60B | 2.21B |
| Cash, Cash Equivalents and Short-Term Investments | 443.77M | 506.70M | 351.38M | 388.11M | 388.75M | 576.29M |
| Total Debt | 926.01M | 931.82M | 951.20M | 890.76M | 832.30M | 800.41M |
| Total Liabilities | 1.38B | 1.45B | 1.48B | 1.47B | 1.35B | 1.35B |
| Stockholders Equity | 1.41B | 1.40B | 1.54B | 1.47B | 1.25B | 864.74M |
Cash Flow | ||||||
| Free Cash Flow | 197.36M | 295.65M | 399.17M | 588.75M | 651.06M | 508.43M |
| Operating Cash Flow | 274.93M | 402.76M | 549.03M | 807.63M | 786.84M | 572.90M |
| Investing Cash Flow | -37.78M | -85.55M | -154.34M | -302.15M | -442.80M | -97.96M |
| Financing Cash Flow | -110.15M | -160.45M | -435.28M | -506.78M | -524.21M | -184.46M |
Atkore International Group Technical Analysis
Positive
68.70
Price Trends
63.21
Positive
64.57
Positive
64.71
Positive
Market Momentum
1.43
Negative
71.28
Negative
93.31
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ATKR, the sentiment is Positive. The current price of 68.7 is above the 20-day moving average (MA) of 60.76, above the 50-day MA of 63.21, and above the 200-day MA of 64.71, indicating a bullish trend. The MACD of 1.43 indicates Negative momentum. The RSI at 71.28 is Negative, neither overbought nor oversold. The STOCH value of 93.31 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ATKR.
Atkore International Group Risk Analysis
Atkore International Group disclosed 50 risk factors in its most recent earnings report. Atkore International Group reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Atkore International Group Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | $8.41B | 23.32 | 30.64% | 0.32% | 9.08% | 19.86% | |
78 Outperform | $7.04B | 15.10 | 16.61% | 0.67% | 6.17% | 20.86% | |
77 Outperform | $21.12B | 34.65 | 19.60% | 0.84% | 5.31% | 5.76% | |
75 Outperform | $1.53B | 28.81 | 7.68% | 0.35% | 15.93% | 12.72% | |
74 Outperform | $14.33B | 53.05 | 11.51% | 0.18% | 17.18% | 235.76% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
51 Neutral | $2.29B | 36.07 | -3.28% | 2.02% | -10.98% | -103.99% |
* Industrials Sector Average
ATKR
Atkore International Group
68.70
12.14
21.45%
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Atkore International Group Corporate Events
Business Operations and StrategyM&A Transactions
Atkore Sells HDPE Business to Infra Pipes, Refocuses
Positive
Apr 8, 2026
On April 8, 2026, Atkore Inc. announced it had sold its High-Density Polyethylene pipe and conduit business to Infra Pipes, a North American leader in polyethylene pipeline solutions, as part of an ongoing strategic portfolio review. Atkore will c...
Business Operations and StrategyDividendsFinancial DisclosuresM&A Transactions
Atkore Posts Q1 2026 Results, Maintains Full-Year Outlook
Negative
Feb 3, 2026
On February 3, 2026, Atkore reported fiscal first quarter 2026 results for the period ended December 26, 2025, showing net sales of $655.5 million, down 0.9% year-on-year, as lower average selling prices and prior divestitures outweighed volume ga...
Executive/Board ChangesShareholder Meetings
Atkore Shareholders Back Board, Pay and Auditor at Meeting
Positive
Feb 2, 2026
On January 29, 2026, Atkore Inc. held its annual meeting of stockholders, at which shareholders voted on director elections, executive pay and auditor ratification. All ten director nominees were elected to serve terms expiring at the 2027 annual ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.