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Added to YB: 2024-08-12

Pitch date: 2024-08-10

ATKR [bullish]

Atkore Inc.

-31.08%

current return

Author Info

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Company Info

Atkore Inc. engages in the manufacture and sale of electrical, mechanical, safety, and infrastructure products and solutions in the United States and internationally.

Market Cap

$2.2B

Pitch Price

$92.94

Price Target

258.20 (+303%)

Dividend

2.03%

EV/EBITDA

6.39

P/E

20.21

EV/Sales

0.97

Sector

Electrical Equipment

Category

growth

Show full summary:
Atkore ($ATKR) | A Construction Supply Company with Fantastic Capital Allocation

ATKR: Electrical & safety infra mfr, 9% 10yr rev CAGR, 19.5% ROIC, 51.7% ROE. Cyclical industry, 3% growth forecast. 10.4% FCF margin, strong cash gen. $300M cash, debt reduced. 6% annual buybacks. Proj 7% rev growth to $4.33B, 15% FCF margin by 2029. $258 PT, 22% CAGR. Risks: construction slowdown, price pressure.

Read full article (6 min)