Professional
Added to YB: 2024-11-08
Pitch date: 2024-10-16
ATKR [bullish]
Atkore Inc.
-25.53%
current return
Author Info
No bio for this author
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
$86.72
Price Target
N/A
Dividend
2.03%
EV/EBITDA
6.39
P/E
20.21
EV/Sales
0.97
Sector
Electrical Equipment
Category
value
Columbia Acorn Fund Portfolio Holding: Atkore Inc.
ATKR (added on weakness): Leading electrical & safety product maker for construction. Only vendor with significant share in PVC, steel & HDPE conduits. Headwinds: pricing pressure, Mexican dumping, antitrust suit, slow macro. Added on weakness due to long-term electrification tailwinds & attractive risk/reward.
Read full article (1 min)