Atkore Inc. (NYSE:ATKR - Free Report) - Equities research analysts at Roth Capital issued their Q1 2025 earnings per share (EPS) estimates for shares of Atkore in a research report issued on Monday, December 16th. Roth Capital analyst J. Clare forecasts that the company will post earnings per share of $1.05 for the quarter. Roth Capital has a "Strong-Buy" rating on the stock. The consensus estimate for Atkore's current full-year earnings is $6.69 per share. Roth Capital also issued estimates for Atkore's Q2 2025 earnings at $1.59 EPS, Q3 2025 earnings at $2.05 EPS, Q4 2025 earnings at $1.85 EPS, FY2025 earnings at $6.55 EPS, FY2026 earnings at $6.98 EPS and FY2027 earnings at $7.90 EPS.
Several other analysts have also issued reports on the company. B. Riley lowered Atkore from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $135.00 to $84.00 in a report on Friday, November 22nd. Roth Mkm began coverage on Atkore in a report on Tuesday. They issued a "buy" rating and a $100.00 price objective for the company. Loop Capital decreased their target price on shares of Atkore from $130.00 to $115.00 and set a "buy" rating for the company in a research note on Friday, November 22nd. KeyCorp dropped their price target on shares of Atkore from $125.00 to $105.00 and set an "overweight" rating on the stock in a research report on Friday, September 13th. Finally, Royal Bank of Canada reissued a "sector perform" rating and issued a $102.00 price objective (up previously from $93.00) on shares of Atkore in a research report on Wednesday, December 4th. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $115.67.
Check Out Our Latest Research Report on Atkore
Atkore Stock Up 0.9 %
Shares of Atkore stock traded up $0.70 during trading hours on Thursday, reaching $82.72. 451,092 shares of the company's stock were exchanged, compared to its average volume of 631,067. The stock has a market cap of $2.89 billion, a P/E ratio of 6.55 and a beta of 2.10. The company has a 50 day moving average of $89.48 and a two-hundred day moving average of $104.76. The company has a current ratio of 2.98, a quick ratio of 1.96 and a debt-to-equity ratio of 0.50. Atkore has a fifty-two week low of $76.01 and a fifty-two week high of $194.98.
Atkore (NYSE:ATKR - Get Free Report) last announced its quarterly earnings data on Thursday, November 21st. The company reported $2.02 EPS for the quarter, missing analysts' consensus estimates of $2.08 by ($0.06). The business had revenue of $788.30 million during the quarter, compared to the consensus estimate of $749.49 million. Atkore had a return on equity of 32.14% and a net margin of 14.77%. The business's revenue for the quarter was down 9.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.63 EPS.
Atkore Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, December 6th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.55%. The ex-dividend date was Friday, December 6th. Atkore's payout ratio is presently 10.13%.
Insider Transactions at Atkore
In related news, Director Jeri L. Isbell sold 3,353 shares of the business's stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $94.03, for a total value of $315,282.59. Following the completion of the sale, the director now directly owns 25,585 shares in the company, valued at $2,405,757.55. The trade was a 11.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Mark F. Lamps sold 500 shares of the 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 transaction, the insider now owns 27,626 shares in the company, valued at $2,667,290.30. The trade was a 1.78 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 16,924 shares of company stock worth $1,614,975. 2.56% of the stock is owned by insiders.
Institutional Trading of Atkore
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Assenagon Asset Management S.A. acquired a new position in Atkore in the second quarter valued at about $1,822,000. SummerHaven Investment Management LLC grew its position in Atkore by 2.0% in the second quarter. SummerHaven Investment Management LLC now owns 4,944 shares of the company's stock valued at $667,000 after acquiring an additional 99 shares during the last quarter. Argent Capital Management LLC raised its stake in Atkore by 50.9% during the second quarter. Argent Capital Management LLC now owns 2,088 shares of the company's stock worth $282,000 after acquiring an additional 704 shares in the last quarter. North Growth Management Ltd. lifted its holdings in shares of Atkore by 2.6% in the second quarter. North Growth Management Ltd. now owns 39,000 shares of the company's stock worth $5,198,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Ceredex Value Advisors LLC boosted its stake in shares of Atkore by 44.3% in the 2nd quarter. Ceredex Value Advisors LLC now owns 66,900 shares of the company's stock valued at $9,027,000 after purchasing an additional 20,550 shares in the last quarter.
Atkore Company Profile
(
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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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