Atkore (NYSE:ATKR) Updates Q1 2025 Earnings Guidance

Atkore (NYSE:ATKR - Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.450-1.650 for the period, compared to the consensus earnings per share estimate of 2.720. The company issued revenue guidance of -. Atkore also updated its FY 2025 guidance to 7.800-8.900 EPS.

Atkore Price Performance

Shares of Atkore stock opened at $84.08 on Thursday. Atkore has a 12 month low of $80.11 and a 12 month high of $194.98. The company has a current ratio of 3.26, a quick ratio of 2.03 and a debt-to-equity ratio of 0.49. The stock has a 50 day moving average of $87.72 and a 200 day moving average of $114.35. The firm has a market cap of $3.02 billion, a PE ratio of 5.90 and a beta of 2.13.

Atkore Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, December 6th will be given a dividend of $0.32 per share. The ex-dividend date is Friday, December 6th. This represents a $1.28 dividend on an annualized basis and a yield of 1.52%. Atkore's dividend payout ratio (DPR) is presently 8.99%.

Analysts Set New Price Targets

ATKR has been the topic of several recent analyst reports. Loop Capital reduced their price target on Atkore from $160.00 to $130.00 and set a "buy" rating on the stock in a report on Friday, September 20th. KeyCorp reduced their price target on Atkore from $125.00 to $105.00 and set an "overweight" rating on the stock in a report on Friday, September 13th. Royal Bank of Canada downgraded Atkore from an "outperform" rating to a "sector perform" rating and reduced their price target for the stock from $175.00 to $100.00 in a report on Wednesday, August 7th. Finally, B. Riley reduced their price target on Atkore from $183.00 to $135.00 and set a "buy" rating on the stock in a report on Wednesday, August 7th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $131.60.

Insider Buying and Selling at Atkore

In other news, insider Mark F. Lamps sold 500 shares of the firm's stock in a transaction on Monday, November 11th. The stock was sold at an average price of $96.55, for a total value of $48,275.00. Following the completion of the sale, the insider now owns 27,626 shares of the company's stock, valued at $2,667,290.30. This trade represents a 1.78 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.56% of the company's stock.

Atkore Company Profile

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.

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