Atkore International Group (ATKR) AI Stock Analysis

• Market Cap: $2.04B
• Dividend Yield: 2.14%
• Average Volume (3M): 578.58K
• Price to Earnings (P/E): 19.4
• Beta (1Y): 1.28
• Revenue Growth: -12.09%
• EPS Growth: -78.18%
• Country: US
• Employees: 5,264
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): 1.63
• Shares Outstanding: 33,655,743
• 10 Day Avg. Volume: 699,442
• 30 Day Avg. Volume: 578,584
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.47
• Enterprise Value/Revenue: 1.04
• Enterprise Value/Gross Profit: 4.05
• Enterprise Value/Ebitda: 10.55
• 1Y Price Target: $64.75
• Price Target Upside: 6.57% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 5

• Rating: 67 Neutral
• Price Target: $66.00 ▲(8.62% Upside)

Atkore's overall stock score reflects a mix of strengths and challenges. The most significant factor is the company's financial performance, which shows declining profitability and revenue growth. Technical analysis indicates a bearish trend, while valuation metrics suggest the stock is fairly priced. The earnings call provided a balanced view, with strong recent performance but concerns about future headwinds. These factors combined result in a moderate overall stock score.

Atkore International Group Business Overview & Revenue Model

Company Description

Atkore International Group (ATKR) is a leading manufacturer and distributor of electrical, plumbing, and mechanical products, primarily serving the construction and industrial sectors. The company operates through several business segments including Electrical Products, Mechanical Products, and Plumbing Products, offering a wide range of core products such as conduit, fittings, supports, and cable management solutions. With a focus on innovation and quality, Atkore aims to provide high-performance products that enhance safety and efficiency in various applications.

How the Company Makes Money

Atkore International Group generates revenue primarily through the sale of its extensive product offerings in the electrical, plumbing, and mechanical markets. The company has multiple key revenue streams, including direct sales to contractors, wholesalers, and distributors. Additionally, Atkore benefits from strong relationships with major contractors and builders, which contribute to its consistent sales volume. The company also engages in strategic partnerships and acquisitions to expand its product lines and market reach, further enhancing its earnings potential. Economic trends, construction activity, and infrastructure spending are significant factors influencing Atkore's revenue, as demand for its products is closely tied to these elements.

Atkore International Group Financial Statement Overview

Summary

Atkore International Group faces challenges in maintaining revenue and profitability, as evidenced by declining margins and revenue growth. While the balance sheet remains stable with a manageable debt level, the significant drop in return on equity raises concerns about the company's ability to efficiently generate profits. Cash flow generation is adequate, but the negative growth in free cash flow indicates potential liquidity issues. Overall, the company needs to address its declining profitability and improve operational efficiency to enhance financial performance.

Income Statement

Atkore International Group's income statement shows a declining trend in revenue and profitability. The TTM data indicates a negative revenue growth rate of -2.94%, and margins have significantly decreased compared to previous years. The gross profit margin has dropped from 41.90% in 2022 to 25.79% in TTM, and the net profit margin has decreased from 23.34% to 3.89%. This decline in profitability suggests challenges in maintaining cost efficiency and pricing power.

Balance Sheet

The balance sheet reflects a stable financial position with a manageable debt-to-equity ratio of 0.62 in TTM. The equity ratio remains healthy, indicating a solid capital structure. However, the return on equity has decreased from 73.09% in 2022 to 7.59% in TTM, highlighting a significant reduction in profitability relative to shareholder equity. This suggests potential inefficiencies in utilizing equity to generate profits.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth, with a negative growth rate of -19.26% in TTM. The operating cash flow to net income ratio is 0.77, indicating a moderate level of cash generation relative to net income. The free cash flow to net income ratio of 0.67 suggests that the company is generating sufficient cash to cover its net income, but the declining trend in free cash flow growth is a concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.89B	3.20B	3.52B	3.91B	2.93B	1.77B
Gross Profit	744.33M	1.08B	1.34B	1.64B	1.13B	491.31M
EBITDA	285.68M	774.03M	1.02B	1.33B	905.97M	331.33M
Net Income	112.36M	472.87M	689.90M	913.43M	587.86M	152.30M
Balance Sheet
Total Assets	2.92B	3.02B	2.94B	2.60B	2.21B	1.56B
Cash, Cash Equivalents and Short-Term Investments	331.02M	351.38M	388.11M	388.75M	576.29M	284.47M
Total Debt	910.60M	951.20M	884.43M	832.30M	800.41M	843.66M
Total Liabilities	1.45B	1.48B	1.47B	1.35B	1.35B	1.18B
Stockholders Equity	1.47B	1.54B	1.47B	1.25B	864.74M	378.41M
Cash Flow
Free Cash Flow	261.75M	399.17M	588.75M	651.06M	508.43M	214.99M
Operating Cash Flow	391.44M	549.03M	807.63M	786.84M	572.90M	248.76M
Investing Cash Flow	-112.96M	-154.34M	-302.15M	-442.80M	-97.96M	-27.51M
Financing Cash Flow	-253.84M	-435.28M	-506.78M	-524.21M	-184.46M	-61.18M

Atkore International Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 60.76
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ATKR, the sentiment is Neutral. The current price of 60.76 is above the 20-day moving average (MA) of 59.92, below the 50-day MA of 62.96, and below the 200-day MA of 67.96, indicating a neutral trend. The MACD of -0.16 indicates Negative momentum. The RSI at 50.13 is Neutral, neither overbought nor oversold. The STOCH value of 50.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ATKR.

Atkore International Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENS	80 Outperform	4.18B	12.74	18.85%	0.88%	3.73%	32.29%
POWL	80 Outperform	3.51B	20.21	29.48%	0.37%	14.32%	33.76%
NVT	80 Outperform	15.61B	27.60	16.65%	0.81%	-4.84%	2.33%
PLPC	78 Outperform	981.82M	23.29	9.19%	0.40%	7.95%	4.48%
AEIS	69 Neutral	6.27B	75.53	6.67%	0.24%	8.49%	-7.65%
ATKR	67 Neutral	$2.04B	19.43	7.29%	2.14%	-12.09%	-78.18%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Atkore International Group Corporate Events

Atkore Reports Q3 Sales Decline Amid Leadership Change

Atkore Inc. reported its fiscal 2025 third-quarter results, showing a 10.6% decline in net sales to $735 million compared to the previous year, primarily due to decreased selling prices and divestitures. Despite these challenges, Atkore maintained its full-year Adjusted EBITDA outlook and increased its adjusted net income per diluted share midpoint, while CEO Bill Waltz announced his retirement, emphasizing a seamless leadership transition.

Atkore CEO William Waltz Announces Retirement Plans

On August 5, 2025, Atkore Inc. announced that its CEO and President, William E. Waltz, Jr., plans to retire, with the company initiating a search for his successor. Waltz, who has been with Atkore for 12 years and served as CEO for seven, expressed pride in the company’s achievements and commitment to its strategic goals. Under his leadership, Atkore expanded its product portfolio to meet growing demands in electrification and digitization, contributing to the company’s strong foundation. The Board of Directors acknowledged Waltz’s contributions and emphasized the company’s continued commitment to its mission and smooth leadership transition.