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1 Comment
Atkore Inc is currently in a long term uptrend where the price is trading 20.4% above its 200 day moving average.
From a valuation standpoint, the stock is 96.4% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.9.
Atkore Inc's total revenue rose by 14.2% to $511M since the same quarter in the previous year.
Its net income has increased by 144.5% to $85M since the same quarter in the previous year.
Finally, its free cash flow grew by 101.0% to $85M since the same quarter in the previous year.
Based on the above factors, Atkore Inc gets an overall score of 5/5.
ISIN | US0476491081 |
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Industry | Electrical Equipment & Parts |
Sector | Industrials |
CurrencyCode | USD |
Exchange | NYSE |
Target Price | 169.8 |
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PE Ratio | 6.34 |
Dividend Yield | 0.0% |
Beta | 2.22 |
Market Cap | 5B |
Atkore Inc. engages in the manufacture and sale of electrical, safety, and infrastructure products in the United States and internationally. The company offers conduits, cables, and installation accessories. It also designs and manufactures safety and infrastructure solutions, such as metal framing, mechanical pipe, perimeter security, and cable management. 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, as well as infrastructure; diversified industrials; alternative power generation; healthcare; data centers; and government through electrical, industrial, and mechanical contractors, 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.
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