Atkore (ATKR) Stock Forecast, Price Target & Predictions
ATKR Stock Forecast
Atkore stock forecast is as follows: an average price target of $126.80 (represents a 48.93% upside from ATKR’s last price of $85.14) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
ATKR Price Target
The average price target for Atkore (ATKR) is $126.80 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $156.00 to $100.00. This represents a potential 48.93% upside from ATKR's last price of $85.14.
ATKR Analyst Ratings
According to 7 Wall Street analysts, Atkore's rating consensus is 'Buy'. The analyst rating breakdown for ATKR stock is 0 'Strong Buy' (0.00%), 5 'Buy' (71.43%), 2 'Hold' (28.57%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Atkore Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 20, 2024 | Chris Dankert | Loop Capital Markets | $130.00 | $89.03 | 46.02% | 52.69% |
| Sep 13, 2024 | Jeffrey Hammond | KeyBanc | $105.00 | $87.00 | 20.68% | 23.33% |
| Aug 07, 2024 | Deane Dray | RBC Capital | $100.00 | $101.05 | -1.04% | 17.45% |
| Jul 10, 2024 | Jeffrey Hammond | KeyBanc | $175.00 | $129.88 | 34.74% | 105.54% |
| Jul 08, 2024 | Chris Dankert | Loop Capital Markets | $190.00 | $131.00 | 45.04% | 123.16% |
| May 07, 2024 | Deane Dray | RBC Capital | $212.00 | $156.19 | 35.73% | 149.00% |
| Feb 02, 2023 | - | RBC Capital | $177.00 | $143.32 | 23.50% | 107.89% |
| Feb 02, 2023 | - | Citigroup | $156.00 | $148.91 | 4.76% | 83.23% |
| Dec 09, 2022 | - | Citigroup | $135.00 | $123.00 | 9.76% | 58.56% |
| Aug 03, 2022 | - | Credit Suisse | $143.00 | $92.98 | 53.80% | 67.96% |
The latest Atkore stock forecast, released on Sep 20, 2024 by Chris Dankert from Loop Capital Markets, set a price target of $130.00, which represents a 46.02% increase from the stock price at the time of the forecast ($89.03), and a 52.69% increase from ATKR last price ($85.14).
Atkore Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 6 |
| Avg Price Target | - | $117.50 | $152.00 |
| Last Closing Price | $85.14 | $85.14 | $85.14 |
| Upside/Downside | -100.00% | 38.01% | 78.53% |
In the current month, the average price target of Atkore stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Atkore's last price of $85.14. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 20, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Sep 13, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Aug 07, 2024 | RBC Capital | Outperform | Sector Perform | Downgrade |
| Jul 09, 2024 | KeyBanc | - | Overweight | Initialise |
| Jul 08, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| May 07, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Apr 08, 2024 | Citigroup | Neutral | Neutral | Hold |
| Apr 04, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Nov 17, 2023 | RBC Capital | Outperform | Outperform | Hold |
| Nov 17, 2023 | Citigroup | Neutral | Neutral | Hold |
Atkore's last stock rating was published by Loop Capital Markets on Sep 20, 2024. The company gave ATKR a "Buy" rating, the same as its previous rate.
Atkore Financial Forecast
Atkore Revenue Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $869.89M | $919.12M | $895.93M | $833.82M | $1.03B | $1.06B | $982.57M | $840.80M | $923.73M | $853.66M | $639.54M | $511.08M | $477.42M | $384.90M | $455.65M | $447.45M | $501.71M | $493.49M |
| Avg Forecast | $779.10M | $831.30M | $792.95M | $761.85M | $734.95M | $798.93M | $763.57M | $733.09M | $749.49M | $830.16M | $808.22M | $777.05M | $920.42M | $929.45M | $909.38M | $822.45M | $981.80M | $1.01B | $800.90M | $768.52M | $839.38M | $727.41M | $556.80M | $456.79M | $429.93M | $364.53M | $459.39M | $461.62M | $509.83M | $528.62M |
| High Forecast | $779.10M | $831.30M | $792.95M | $761.85M | $734.95M | $798.93M | $763.57M | $733.09M | $749.49M | $830.16M | $808.22M | $777.05M | $935.51M | $929.45M | $909.38M | $822.45M | $981.80M | $1.01B | $800.90M | $768.52M | $839.38M | $727.41M | $556.80M | $456.79M | $429.93M | $364.53M | $459.39M | $461.62M | $509.83M | $528.62M |
| Low Forecast | $779.10M | $831.30M | $792.95M | $761.85M | $734.95M | $798.93M | $763.57M | $733.09M | $749.49M | $830.16M | $808.22M | $777.05M | $910.40M | $929.45M | $909.38M | $822.45M | $981.80M | $1.01B | $800.90M | $768.52M | $839.38M | $727.41M | $556.80M | $456.79M | $429.93M | $364.53M | $459.39M | $461.62M | $509.83M | $528.62M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 1 | 1 | 4 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 7 | 6 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.99% | 0.99% | 1.01% | 1.05% | 1.05% | 1.23% | 1.09% | 1.10% | 1.17% | 1.15% | 1.12% | 1.11% | 1.06% | 0.99% | 0.97% | 0.98% | 0.93% |
Atkore's average Quarter revenue forecast for Dec 23 based on 1 analysts is $777.05M, with a low forecast of $777.05M, and a high forecast of $777.05M. ATKR's average Quarter revenue forecast represents a -10.67% decrease compared to the company's last Quarter revenue of $869.89M (Sep 23).
Atkore EBITDA Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 1 | 1 | 4 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 7 | 6 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $189.43M | $232.59M | $250.82M | $260.88M | $306.98M | $374.00M | $342.61M | $291.91M | $299.97M | $268.73M | $194.59M | $142.68M | $107.04M | $64.10M | $85.09M | $75.11M | $92.58M | $78.20M |
| Avg Forecast | $200.74M | $214.19M | $204.31M | $196.30M | $189.36M | $205.85M | $196.74M | $188.89M | $193.11M | $213.89M | $256.85M | $200.21M | $237.15M | $239.48M | $233.50M | $229.10M | $245.10M | $251.21M | $212.27M | $191.85M | $209.54M | $181.59M | $103.54M | $114.03M | $107.33M | $91.00M | $80.64M | $115.24M | $127.28M | $131.97M |
| High Forecast | $200.74M | $214.19M | $204.31M | $196.30M | $189.36M | $205.85M | $196.74M | $188.89M | $193.11M | $213.89M | $308.22M | $200.21M | $241.04M | $239.48M | $280.20M | $274.92M | $245.10M | $251.21M | $254.73M | $191.85M | $209.54M | $181.59M | $124.24M | $114.03M | $107.33M | $91.00M | $96.77M | $115.24M | $127.28M | $131.97M |
| Low Forecast | $200.74M | $214.19M | $204.31M | $196.30M | $189.36M | $205.85M | $196.74M | $188.89M | $193.11M | $213.89M | $205.48M | $200.21M | $234.57M | $239.48M | $186.80M | $183.28M | $245.10M | $251.21M | $169.82M | $191.85M | $209.54M | $181.59M | $82.83M | $114.03M | $107.33M | $91.00M | $64.51M | $115.24M | $127.28M | $131.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.80% | 0.97% | 1.07% | 1.14% | 1.25% | 1.49% | 1.61% | 1.52% | 1.43% | 1.48% | 1.88% | 1.25% | 1.00% | 0.70% | 1.06% | 0.65% | 0.73% | 0.59% |
1 analysts predict ATKR's average Quarter EBITDA for Dec 23 to be $200.21M, with a high of $200.21M and a low of $200.21M. This is 5.69% upper than Atkore's previous annual EBITDA (Sep 23) of $189.43M.
Atkore Net Income Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 1 | 1 | 4 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 7 | 6 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $140.93M | $201.29M | $174.19M | $173.49M | $220.80M | $254.31M | $233.48M | $204.84M | $202.56M | $175.30M | $124.93M | $85.07M | $54.24M | $24.08M | $39.19M | $34.79M | $46.00M | $36.55M |
| Avg Forecast | $104.54M | $128.52M | $121.20M | $108.75M | $92.64M | $119.43M | $111.59M | $99.58M | $90.37M | $146.27M | $174.85M | $132.11M | $149.43M | $156.41M | $158.96M | $160.77M | $186.06M | $191.28M | $144.51M | $130.43M | $140.76M | $112.68M | $66.47M | $44.10M | $24.74M | $17.69M | $61.80M | $29.91M | $35.81M | $33.38M |
| High Forecast | $104.54M | $128.52M | $121.20M | $108.75M | $92.64M | $119.43M | $111.59M | $99.58M | $90.37M | $146.28M | $209.82M | $132.11M | $153.45M | $156.41M | $190.75M | $192.92M | $186.06M | $191.28M | $173.41M | $130.43M | $140.76M | $112.68M | $79.77M | $44.10M | $24.74M | $17.69M | $74.16M | $29.91M | $35.81M | $33.38M |
| Low Forecast | $104.54M | $128.52M | $121.20M | $108.75M | $92.64M | $119.43M | $111.59M | $99.58M | $90.37M | $146.27M | $139.88M | $132.11M | $143.20M | $156.41M | $127.17M | $128.61M | $186.06M | $191.28M | $115.61M | $130.43M | $140.76M | $112.68M | $53.18M | $44.10M | $24.74M | $17.69M | $49.44M | $29.91M | $35.81M | $33.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.29% | 1.10% | 1.08% | 1.19% | 1.33% | 1.62% | 1.57% | 1.44% | 1.56% | 1.88% | 1.93% | 2.19% | 1.36% | 0.63% | 1.16% | 1.28% | 1.10% |
Atkore's average Quarter net income forecast for Dec 23 is $132.11M, with a range of $132.11M to $132.11M. ATKR's average Quarter net income forecast represents a -6.26% decrease compared to the company's last Quarter net income of $140.93M (Sep 23).
Atkore SG&A Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 1 | 1 | 4 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 7 | 6 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $97.01M | $103.02M | $98.20M | $89.98M | $107.02M | $95.95M | $88.92M | $78.15M | $82.77M | $81.83M | $67.34M | $61.08M | $54.76M | $46.16M | $62.36M | $56.22M | $68.88M | $59.05M |
| Avg Forecast | $86.44M | $92.23M | $87.98M | $84.52M | $81.54M | $88.64M | $84.72M | $81.33M | $83.15M | $92.10M | $66.59M | $86.21M | $102.12M | $103.12M | $60.54M | $61.34M | $108.95M | $111.67M | $55.03M | $85.28M | $93.15M | $80.72M | $35.83M | $50.69M | $47.71M | $40.45M | $52.09M | $51.23M | $56.58M | $58.66M |
| High Forecast | $86.44M | $92.23M | $87.98M | $84.52M | $81.54M | $88.64M | $84.72M | $81.33M | $83.15M | $92.10M | $79.91M | $86.21M | $103.79M | $103.12M | $72.65M | $73.60M | $108.95M | $111.67M | $66.04M | $85.28M | $93.15M | $80.72M | $43.00M | $50.69M | $47.71M | $40.45M | $62.51M | $51.23M | $56.58M | $58.66M |
| Low Forecast | $86.44M | $92.23M | $87.98M | $84.52M | $81.54M | $88.64M | $84.72M | $81.33M | $83.15M | $92.10M | $53.27M | $86.21M | $101.01M | $103.12M | $48.43M | $49.07M | $108.95M | $111.67M | $44.03M | $85.28M | $93.15M | $80.72M | $28.66M | $50.69M | $47.71M | $40.45M | $41.67M | $51.23M | $56.58M | $58.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.00% | 1.62% | 1.47% | 0.98% | 0.86% | 1.62% | 0.92% | 0.89% | 1.01% | 1.88% | 1.20% | 1.15% | 1.14% | 1.20% | 1.10% | 1.22% | 1.01% |
Atkore's average Quarter SG&A projection for Dec 23 is $86.21M, based on 1 Wall Street analysts, with a range of $86.21M to $86.21M. The forecast indicates a -11.13% fall compared to ATKR last annual SG&A of $97.01M (Sep 23).
Atkore EPS Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 1 | 1 | 4 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 7 | 6 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $3.68 | $5.20 | $4.37 | $4.26 | $5.24 | $5.81 | $5.14 | $4.38 | $4.33 | $3.69 | $2.62 | $1.78 | $1.12 | $0.50 | $0.81 | $0.72 | $0.96 | $0.77 |
| Avg Forecast | $2.85 | $3.51 | $3.31 | $2.97 | $2.53 | $3.26 | $3.05 | $2.72 | $2.47 | $3.99 | $3.76 | $3.61 | $4.08 | $4.27 | $4.27 | $3.98 | $5.08 | $5.22 | $3.75 | $3.56 | $3.84 | $3.08 | $1.83 | $1.20 | $0.68 | $0.48 | $0.85 | $0.82 | $0.98 | $0.91 |
| High Forecast | $2.85 | $3.51 | $3.31 | $2.97 | $2.53 | $3.26 | $3.05 | $2.72 | $2.47 | $3.99 | $3.76 | $3.61 | $4.19 | $4.27 | $4.27 | $3.98 | $5.08 | $5.22 | $3.75 | $3.56 | $3.84 | $3.08 | $1.83 | $1.20 | $0.68 | $0.48 | $0.85 | $0.82 | $0.98 | $0.91 |
| Low Forecast | $2.85 | $3.51 | $3.31 | $2.97 | $2.53 | $3.26 | $3.05 | $2.72 | $2.47 | $3.99 | $3.76 | $3.61 | $3.91 | $4.27 | $4.27 | $3.98 | $5.08 | $5.22 | $3.75 | $3.56 | $3.84 | $3.08 | $1.83 | $1.20 | $0.68 | $0.48 | $0.85 | $0.82 | $0.98 | $0.91 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 1.22% | 1.02% | 1.07% | 1.03% | 1.11% | 1.37% | 1.23% | 1.13% | 1.20% | 1.43% | 1.48% | 1.66% | 1.04% | 0.95% | 0.88% | 0.98% | 0.84% |
According to 1 Wall Street analysts, Atkore's projected average Quarter EPS for Dec 23 is $3.61, with a low estimate of $3.61 and a high estimate of $3.61. This represents a -1.96% decrease compared to ATKR previous annual EPS of $3.68 (Sep 23).
Atkore Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ATKR | Atkore | $85.14 | $126.80 | 48.93% | Buy |
| ENS | EnerSys | $95.04 | $118.00 | 24.16% | Buy |
| KE | Kimball Electronics | $19.55 | $23.75 | 21.48% | Buy |
| AEIS | Advanced Energy Industries | $112.53 | $122.60 | 8.95% | Buy |
| NVT | nVent Electric | $77.96 | $83.80 | 7.49% | Buy |
| AYI | Acuity Brands | $320.41 | $318.33 | -0.65% | Hold |
| ENR | Energizer | $38.09 | $37.67 | -1.10% | Hold |
| HUBB | Hubbell | $456.48 | $384.14 | -15.85% | Hold |
| VRT | Vertiv | $141.49 | $91.30 | -35.47% | Buy |