Analyst Ratings for Atkore International Group Inc. (ATKR)Updated: 2017-07-28
Analysts covering Atkore International Group Inc. (NYSE:ATKR) have given it a consensus rating of Overweight. ATKR had previously received a consensus rating of Overweight a month ago.
7 analysts issued ratings on the stock, where 5 gave ATKR a buy rating, 0 gave an overweight rating, 2 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for ATKR. The most optimistic price target was 30, implying potential capital gains of 42.72 percent. The most pessimistic analyst gave a price target of 26, implying potential capital losses of 23.69 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -14.86 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -5.26 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
ATKR has an estimated earnings growth rate of 33.62 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of ATKR is 0.56.
In the last 52-weeks, ATKR has achieved a high of 27.30 and a low of 14.17. Currently the stock is 48.34 percent higher than its low, and below the high by 23 percent. ATKR has a P/E ratio of 18.96. Investors typically compare the P/E ratio to a company's peers in the industry. The ATKR value stock report compares ATKR to some of its peers using value stock charts. The stock has a market capitalization of $1.35 billion. ATKR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.