Roth Capital Forecasts Atkore's Q2 Earnings (NYSE:ATKR)

Atkore Inc. (NYSE:ATKR - Free Report) - Research analysts at Roth Capital upped their Q2 2025 earnings per share (EPS) estimates for Atkore in a research note issued to investors on Thursday, April 24th. Roth Capital analyst J. Clare now expects that the company will earn $1.91 per share for the quarter, up from their prior forecast of $1.39. The consensus estimate for Atkore's current full-year earnings is $5.79 per share. Roth Capital also issued estimates for Atkore's Q4 2025 earnings at $1.39 EPS and FY2025 earnings at $6.25 EPS.

Atkore (NYSE:ATKR - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $1.50 EPS for the quarter, beating the consensus estimate of $1.05 by $0.45. Atkore had a net margin of 12.42% and a return on equity of 25.69%. The business had revenue of $661.60 million during the quarter, compared to the consensus estimate of $680.77 million. During the same quarter in the prior year, the firm earned $4.12 EPS. The business's revenue was down 17.1% on a year-over-year basis.

Other equities analysts have also recently issued research reports about the company. Royal Bank of Canada boosted their price objective on Atkore from $64.00 to $65.00 and gave the company a "sector perform" rating in a report on Tuesday, April 22nd. 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. Citigroup lowered 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. Finally, Loop Capital lowered Atkore from a "buy" rating to a "hold" rating and reduced their target price for the company from $115.00 to $65.00 in a research report on Monday, February 10th. Five equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $75.00.

Atkore Trading Up 0.4 %

NYSE ATKR traded up $0.26 during trading hours on Monday, hitting $63.73. 369,645 shares of the company were exchanged, compared to its average volume of 699,878. The stock has a market cap of $2.21 billion, a PE ratio of 6.17 and a beta of 2.02. Atkore has a 52 week low of $49.92 and a 52 week high of $183.46. The stock has a 50-day moving average price of $61.22 and a 200 day moving average price of $76.56. The company has a quick ratio of 1.96, a current ratio of 3.03 and a debt-to-equity ratio of 0.51.

Institutional Investors Weigh In On Atkore

Several hedge funds and other institutional investors have recently bought and sold shares of ATKR. Harbor Capital Advisors Inc. lifted its stake in shares of Atkore by 97.0% in the 1st quarter. Harbor Capital Advisors Inc. now owns 526 shares of the company's stock valued at $32,000 after purchasing an additional 259 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in Atkore by 87.7% during the fourth quarter. Jones Financial Companies Lllp now owns 398 shares of the company's stock worth $33,000 after purchasing an additional 186 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Atkore by 1,514.7% in the 1st quarter. GAMMA Investing LLC now owns 549 shares of the company's stock valued at $33,000 after buying an additional 515 shares during the period. Versant Capital Management Inc increased its stake in Atkore by 358.9% during the first quarter. Versant Capital Management Inc now owns 693 shares of the company's stock worth $42,000 after purchasing an additional 542 shares during the period. Finally, Pacer Advisors Inc. lifted its position in shares of Atkore by 30.2% during the fourth quarter. Pacer Advisors Inc. now owns 841 shares of the company's stock worth $70,000 after purchasing an additional 195 shares in the last quarter.

Insider Buying and Selling

In other news, insider Mark F. Lamps sold 500 shares of the company's stock in a transaction that occurred on Monday, February 10th. The stock was 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 in the company, valued at $2,194,400. This represents a 1.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.99% of the stock is owned by company insiders.

Atkore Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend was Tuesday, February 18th. Atkore's dividend payout ratio is presently 12.39%.

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.