Atkore (NYSE:ATKR) Releases Q2 2025 Earnings Guidance

Atkore (NYSE:ATKR - Get Free Report) issued an update on its second quarter 2025 earnings guidance on Monday morning. The company provided EPS guidance of 2.010-2.080 for the period, compared to the consensus EPS estimate of 1.400. The company issued revenue guidance of $695.0 million-$705.0 million, compared to the consensus revenue estimate of $690.8 million. Atkore also updated its FY 2025 guidance to 5.750-6.850 EPS.

Atkore Trading Up 4.2 %

NYSE ATKR traded up $2.58 on Thursday, hitting $64.58. The company's stock had a trading volume of 306,053 shares, compared to its average volume of 698,198. The company has a current ratio of 3.03, a quick ratio of 1.96 and a debt-to-equity ratio of 0.51. The firm has a market cap of $2.24 billion, a P/E ratio of 6.25 and a beta of 2.02. The company's 50-day simple moving average is $61.59 and its 200 day simple moving average is $77.15. Atkore has a 52-week low of $49.92 and a 52-week high of $185.42.

Atkore (NYSE:ATKR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.45. The company had revenue of $661.60 million for the quarter, compared to analysts' expectations of $680.77 million. Atkore had a net margin of 12.42% and a return on equity of 25.69%. Atkore's quarterly revenue was down 17.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.12 earnings per share. Research analysts predict that Atkore will post 5.79 EPS for the current fiscal year.

Atkore Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date was Tuesday, February 18th. Atkore's dividend payout ratio is presently 12.39%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ATKR. Royal Bank of Canada lifted their target price on shares of Atkore from $64.00 to $65.00 and gave the company a "sector perform" rating in a report on Tuesday. Loop Capital downgraded Atkore from a "buy" rating to a "hold" rating and reduced their price target for the company from $115.00 to $65.00 in a report on Monday, February 10th. KeyCorp reduced their price objective on shares of Atkore from $80.00 to $70.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Finally, Citigroup cut their price target on shares of Atkore from $78.00 to $66.00 and set a "neutral" rating on the stock in a report on Monday, April 14th. Five equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $75.00.

Insiders Place Their Bets

In other news, insider Mark F. Lamps sold 500 shares of the stock in a transaction on Monday, February 10th. The shares were sold at an average price of $65.00, for a total value of $32,500.00. Following the completion of the sale, the insider now directly owns 33,760 shares of the company's stock, valued at $2,194,400. This represents a 1.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.99% of the company's stock.

About Atkore

Atkore Inc engages in the manufacture and sale of electrical, mechanical, safety, and infrastructure products and solutions in the United States and internationally. The company offers conduits, cables, and installation accessories. It also designs and manufactures protection and reliability solutions for critical infrastructure, such as metal framing, mechanical pipe, perimeter security, and cable management.