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.
ATKR was given price targets by several analysts. The highest price target was 30, which equates to a potential upside of 42.72 percent. The most pessimistic analyst gave a price target of 26, implying a possible loss 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -5.26 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of ATKR's earnings is estimated by analysts to be 33.62 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, 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.
ATKR has a 52-week high of 27.30 and a 52-week low of 14.17. Today's price is 48.34 percent above the 52-week low, and below the high by 23 percent. ATKR has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.