Contrasting Sunworks (NASDAQ:SUNW) & Atkore (NYSE:ATKR)

Sunworks (NASDAQ:SUNWGet Rating) and Atkore (NYSE:ATKRGet Rating) are both oils/energy companies, but which is the better business? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, valuation, institutional ownership, profitability and risk.

Institutional and Insider Ownership

24.3% of Sunworks shares are owned by institutional investors. Comparatively, 96.9% of Atkore shares are owned by institutional investors. 0.2% of Sunworks shares are owned by company insiders. Comparatively, 2.0% of Atkore shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Risk & Volatility

Sunworks has a beta of 1.53, suggesting that its stock price is 53% more volatile than the S&P 500. Comparatively, Atkore has a beta of 2.36, suggesting that its stock price is 136% more volatile than the S&P 500.

Profitability

This table compares Sunworks and Atkore’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Sunworks -26.32% -35.41% -26.11%
Atkore 21.72% 92.67% 34.42%

Earnings & Valuation

This table compares Sunworks and Atkore’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Sunworks $101.15 million 0.53 -$26.63 million ($0.97) -1.89
Atkore $2.93 billion 1.49 $587.86 million $14.80 6.55

Atkore has higher revenue and earnings than Sunworks. Sunworks is trading at a lower price-to-earnings ratio than Atkore, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of current ratings for Sunworks and Atkore, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Sunworks 0 1 1 0 2.50
Atkore 0 1 2 0 2.67

Sunworks currently has a consensus price target of $6.75, indicating a potential upside of 268.85%. Atkore has a consensus price target of $127.67, indicating a potential upside of 31.66%. Given Sunworks’ higher probable upside, equities research analysts plainly believe Sunworks is more favorable than Atkore.

Summary

Atkore beats Sunworks on 13 of the 14 factors compared between the two stocks.

About Sunworks (Get Rating)

Sunworks, Inc., through its subsidiaries, provides photovoltaic and battery based power and storage systems for the agricultural, commercial, industrial, public works, and residential markets in the United States. It also designs, finances, integrates, installs, and manages systems ranging in size from 2 kilowatt for residential projects to multi megawatt systems for larger commercial and public works projects. The company was formerly known as Solar3D, Inc. and changed its name to Sunworks, Inc. in March 2016. Sunworks, Inc. was incorporated in 2002 and is headquartered in Provo, Utah.

About Atkore (Get Rating)

Atkore Inc. manufactures and sells electrical, safety, and infrastructure products in the United States and internationally. The company offers electrical products, including conduits cables, and installation accessories. It also provides safety and infrastructure solutions, such as metal framing, mechanical pipe, perimeter security, and cable management. The company offers its products under the Allied Tube & Conduit, AFC Cable Systems, Kaf-Tech, Heritage Plastics, Unistrut, Power-Strut, Cope, US Tray, FRE Composites, Calbond, and Calpipe brands. It serves a group of end markets, including new construction; maintenance, repair, and remodel, as well as infrastructure; diversified industrials; alternative power generation; healthcare; data centers; and government through electrical, industrial, and mechanical contractors, as well as original equipment manufacturers. The company was formerly known as Atkore International Group Inc. and changed its name to Atkore Inc. in February 2021. Atkore Inc. was founded in 1959 and is headquartered in Harvey, Illinois.

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