Added to YB: 2024-05-14
Pitch date: 2024-03-31
ATKR [bullish]
Atkore Inc.
-65.19%
current return
Author Info
Riverwater Partners is a Milwaukee-based investment advisory firm dedicated to responsible investing. Visit the website.
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
$185.77
Price Target
N/A
Dividend
2.03%
EV/EBITDA
6.39
P/E
20.21
EV/Sales
0.97
Sector
Electrical Equipment
Category
growth
Riverwater Sustainable Value Strategy Company Deep Dive: Atkore Inc.
ATKR: Electrical component maker poised for growth in solar, data centers, EVs. Revenue +13.9% CAGR, margins +10% in 5yrs. New $0.32 dividend with room to grow. COVID demand concerns overblown given M&A, pricing power. $17 2024 EPS guide vs <$5 pre-COVID, yet trades at discount to peers. Upside from growth & re-rating.
Read full article (2 min)