Posted by Defense World Staff on Apr 28th, 2025
Atkore Inc. (NYSE:ATKR – Free Report) – Research analysts at Roth Capital raised their Q2 2025 EPS estimates for shares of Atkore in a note issued to investors on Thursday, April 24th. Roth Capital analyst J. Clare now anticipates that the company will post earnings per share of $1.91 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.
Several other research firms also recently commented on ATKR. Citigroup decreased their target price on shares of Atkore from $78.00 to $66.00 and set a “neutral” rating for the company in a research report on Monday, April 14th. Loop Capital cut shares of Atkore from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $115.00 to $65.00 in a report on Monday, February 10th. KeyCorp cut their target price on Atkore from $80.00 to $70.00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. Finally, Royal Bank of Canada upped their price target on Atkore from $64.00 to $65.00 and gave the stock a “sector perform” rating in a research note on Tuesday, April 22nd. Five investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $75.00.
Read Our Latest Research Report on Atkore
Atkore Trading Down 0.7 %
Shares of NYSE ATKR opened at $64.08 on Monday. The stock has a market cap of $2.23 billion, a price-to-earnings ratio of 6.20 and a beta of 2.02. The business has a 50 day simple moving average of $61.31 and a 200 day simple moving average of $76.73. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.96 and a current ratio of 3.03. Atkore has a 52 week low of $49.92 and a 52 week high of $185.42.
Atkore (NYSE:ATKR – Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.45. Atkore had a return on equity of 25.69% and a net margin of 12.42%. The firm had revenue of $661.60 million during the quarter, compared to analysts’ expectations of $680.77 million. During the same quarter last year, the firm earned $4.12 earnings per share. The business’s revenue for the quarter was down 17.1% on a year-over-year basis.
Hedge Funds Weigh In On Atkore
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Lakewood Asset Management LLC increased its position in shares of Atkore by 1.4% during the fourth quarter. Lakewood Asset Management LLC now owns 9,057 shares of the company’s stock valued at $756,000 after purchasing an additional 126 shares during the period. Van Den Berg Management I Inc. raised its stake in shares of Atkore by 0.4% in the 4th quarter. Van Den Berg Management I Inc. now owns 41,041 shares of the company’s stock valued at $3,425,000 after buying an additional 158 shares in the last quarter. Isthmus Partners LLC lifted its holdings in shares of Atkore by 0.8% during the 4th quarter. Isthmus Partners LLC now owns 21,441 shares of the company’s stock worth $1,789,000 after acquiring an additional 162 shares during the period. Xponance Inc. boosted its position in shares of Atkore by 6.9% during the 4th quarter. Xponance Inc. now owns 2,569 shares of the company’s stock valued at $214,000 after acquiring an additional 166 shares in the last quarter. Finally, Willis Investment Counsel increased its stake in Atkore by 3.3% in the fourth quarter. Willis Investment Counsel now owns 5,350 shares of the company’s stock valued at $446,000 after acquiring an additional 171 shares during the period.
Insider Activity
In other news, insider Mark F. Lamps sold 500 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $65.00, for a total transaction of $32,500.00. Following the completion of the transaction, the insider now owns 33,760 shares of the company’s stock, valued at approximately $2,194,400. This represents a 1.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.99% of the stock is owned by company insiders.
Atkore Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.00%. Atkore’s dividend payout ratio (DPR) is presently 12.39%.
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.
Featured Stories
- Five stocks we like better than Atkore
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Texas Instruments: Earnings Beat, Upbeat Guidance Fuel Recovery
- What does consumer price index measure?
- O’Reilly Automotive: An Anytime Buy for Buy-and-Hold Investors
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Chipotle Mexican Grill Serves Smoking Hot Entry Point in Q2
Receive News & Ratings for Atkore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atkore and related companies with MarketBeat.com's FREE daily email newsletter.
You might be interested in:
RecycLiCo Battery Materials Trading 33.3% Higher – What’s Next?
Carclo Stock Price Up 3.1% – Here’s Why
Bayhorse Silver Stock Price Down 11.1% – What’s Next?
LSI Industries’ Buy Rating Reiterated at HC Wainwright
Nanoco Group Trading Up 12.3% – What’s Next?
Nanoco Group Shares Up 12.3% – Here’s Why