Atkore (NYSE:ATKR - Get Free Report) issued an update on its third quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.250-1.750 for the period, compared to the consensus earnings per share estimate of 1.620. The company issued revenue guidance of $715.0 million-$745.0 million, compared to the consensus revenue estimate of $749.2 million.
Analysts Set New Price Targets
Several research analysts recently weighed in on ATKR shares. Citigroup dropped their target price on shares of Atkore from $78.00 to $66.00 and set a "neutral" rating for the company in a report on Monday, April 14th. Loop Capital lowered shares of Atkore from a "buy" rating to a "hold" rating and dropped their price objective for the company from $115.00 to $65.00 in a report on Monday, February 10th. 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, April 22nd. Finally, KeyCorp cut their price objective on Atkore from $80.00 to $70.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $75.00.
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Atkore Stock Performance
Shares of NYSE ATKR opened at $68.68 on Tuesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.03 and a quick ratio of 1.96. The company has a market capitalization of $2.38 billion, a P/E ratio of 6.48 and a beta of 2.10. Atkore has a one year low of $49.92 and a one year high of $180.62. The business's 50-day moving average price is $61.23 and its two-hundred day moving average price is $75.76.
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 business had revenue of $661.60 million for the quarter, compared to analysts' expectations of $680.77 million. During the same period in the previous year, the business posted $4.12 earnings per share. Atkore's quarterly revenue was down 17.1% on a year-over-year basis. Analysts anticipate that Atkore will post 5.79 earnings per share for the current fiscal year.
Atkore Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Friday, May 16th will be issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.92%. This is a positive change from Atkore's previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Friday, May 16th. Atkore's payout ratio is 12.78%.
Insider Activity at Atkore
In other news, insider Mark F. Lamps sold 500 shares of the stock in a transaction on Monday, February 10th. The stock was sold at an average price of $65.00, for a total transaction of $32,500.00. Following the sale, the insider now directly owns 33,760 shares of the company's stock, valued at approximately $2,194,400. This represents a 1.46 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.99% of the company's stock.
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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