Atkore International Group (NYSE: ATKR) is one of 46 public companies in the “Electrical Components & Equipment” industry, but how does it compare to its competitors? We will compare Atkore International Group to similar companies based on the strength of its earnings, valuation, analyst recommendations, institutional ownership, dividends, profitability and risk.
Institutional & Insider Ownership
97.0% of Atkore International Group shares are owned by institutional investors. Comparatively, 69.5% of shares of all “Electrical Components & Equipment” companies are owned by institutional investors. 68.8% of Atkore International Group shares are owned by company insiders. Comparatively, 9.3% of shares of all “Electrical Components & Equipment” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
This is a summary of recent ratings and target prices for Atkore International Group and its competitors, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Atkore International Group||0||0||3||0||3.00|
|Atkore International Group Competitors||197||982||1266||8||2.44|
Atkore International Group presently has a consensus target price of $23.67, suggesting a potential upside of 11.58%. As a group, “Electrical Components & Equipment” companies have a potential upside of 7.72%. Given Atkore International Group’s stronger consensus rating and higher possible upside, research analysts plainly believe Atkore International Group is more favorable than its competitors.
Earnings and Valuation
This table compares Atkore International Group and its competitors top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Atkore International Group||$1.50 billion||$84.63 million||16.83|
|Atkore International Group Competitors||$3.13 billion||$232.52 million||-123,820.47|
Atkore International Group’s competitors have higher revenue and earnings than Atkore International Group. Atkore International Group is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
This table compares Atkore International Group and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Atkore International Group||5.63%||26.22%||7.73%|
|Atkore International Group Competitors||-3.37%||6.18%||2.18%|
Volatility and Risk
Atkore International Group has a beta of 1.09, suggesting that its stock price is 9% more volatile than the S&P 500. Comparatively, Atkore International Group’s competitors have a beta of 1.19, suggesting that their average stock price is 19% more volatile than the S&P 500.
Atkore International Group beats its competitors on 9 of the 13 factors compared.
Atkore International Group Company Profile
Atkore International Group Inc. is a manufacturer of electrical raceway products. The Company’s products are primarily offered for non-residential construction and renovation markets, and mechanical products and solutions (MP&S) for the construction and industrial markets. The Company operates in two segments: Electrical Raceway and MP&S. Through the electrical raceway segment, it manufactures products that deploy, isolate and protect a structure’s electrical circuitry from the original power source to the final outlet. The Company’s electrical raceway segment products include electrical conduit, armored cable, cable trays, mounting systems and fittings. Through the MP&S segment, it provides products and services that frame, support and secure component parts in a range of structures, equipment and systems in electrical, industrial and construction applications. The Company’s MP&S segment products include metal framing products and in-line galvanized mechanical tube.
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