$Atkore (ATKR.US)$🎯 On July 13, 2023, the current price is ...
$Atkore (ATKR.US)$🎯 On July 13, 2023, the current price is 153, and the holding period is over 1 year, with a floating profit of 63%, meeting the review criteria.
New data: 2022 annual report and financial report for the first two quarters of 2023.
In 2022, the revenue increased by 33.7%, operating profit increased by 54.4%, and net income increased by 55.4%.
In the first half of 2023, the revenue decreased by 5.1%, operating profit decreased by 19.7%, and net income decreased by 20.7%. The contraction is significant.
Currently, the P/E ratio is 7.5, and the TTM P/E ratio has slightly increased to 7.9. Considering the high base of last year, it is highly likely that there will be a contraction this year. The current valuation is within a reasonable range, so you can reduce your positions.
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