
ATKR Stock Forecast & Price Target
ATKR Analyst Ratings
Bulls say
Atkore Inc. is expected to see a positive inflection in EBITDA by 2027, attributed to a repositioned product portfolio that should enhance revenue growth, particularly in the Electrical segment. The company has experienced improved steel conduit pricing over three consecutive quarters, coupled with increasing global demand for data center investments, which bolsters the outlook for their construction services and framing solutions. Additionally, management anticipates stronger EBITDA in the second half of the year, driven by expansion in metal framing and construction services, with a revised revenue forecast indicating a growth rate of 5.6%.
Bears say
The analysis presents a negative outlook on Atkore Inc.'s stock based on several underlying financial issues. The company's earnings per share (EPS) forecast was adjusted downwards from $5.31 to $5.15 due to declining margins and a significant year-over-year reduction in adjusted EBITDA by 50% to $386 million. Additionally, the first-quarter guidance fell short of expectations, indicating anticipated challenges from price/cost dynamics, compounded by a weak forecast for PVC pricing and seasonality effects in the construction sector.
This aggregate rating is based on analysts' research of Atkore International Group and is not a guaranteed prediction by Public.com or investment advice.
ATKR Analyst Forecast & Price Prediction
Start investing in ATKR
Order type
Buy in
Order amount
Est. shares
0 shares