NYSE:ATKR Atkore (ATKR) Stock Price, News & Analysis → Tech GIANT’s Plans to Revolutionize Crypto… (From Crypto 101 Media) (Ad) Free atkr Stock Alerts $154.33 -22.07 (-12.51%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$153.37▼$164.1350-Day Range$154.33▼$193.6152-Week Range$116.14▼$194.98Volume2.34 million shsAverage Volume477,648 shsMarket Capitalization$5.67 billionP/E Ratio9.25Dividend Yield0.83%Price Target$191.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Atkore alerts: Email Address Atkore MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside23.8% Upside$191.00 Price TargetShort InterestBearish16.14% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.95Based on 17 Articles This WeekInsider TradingSelling Shares$25.12 M Sold Last QuarterProj. Earnings Growth8.90%From $15.06 to $16.40 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.84 out of 5 starsIndustrial Products Sector162nd out of 169 stocksMiscellaneous Electrical Machinery, Equipment, & Supplies Industry23rd out of 27 stocks 2.3 Analyst's Opinion Consensus RatingAtkore has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageAtkore has only been the subject of 2 research reports in the past 90 days.Read more about Atkore's stock forecast and price target. Previous Next 0.0 Short Interest Percentage of Shares Shorted16.14% of the float of Atkore has been sold short.Short Interest Ratio / Days to CoverAtkore has a short interest ratio ("days to cover") of 12, which indicates bearish sentiment.Change versus previous monthShort interest in Atkore has recently increased by 15.61%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldAtkore has a dividend yield of 0.73%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthAtkore does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Atkore is 7.67%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Atkore will have a dividend payout ratio of 7.80% next year. This indicates that Atkore will be able to sustain or increase its dividend.Read more about Atkore's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ATKR. Previous Next 2.8 News and Social Media Coverage News SentimentAtkore has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Atkore this week, compared to 5 articles on an average week.Search InterestOnly 5 people have searched for ATKR on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Atkore to their MarketBeat watchlist in the last 30 days. This is a decrease of -85% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Atkore insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $25,124,751.00 in company stock.Percentage Held by InsidersOnly 2.56% of the stock of Atkore is held by insiders.Read more about Atkore's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Atkore are expected to grow by 8.90% in the coming year, from $15.06 to $16.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Atkore is 9.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.63.Price to Earnings Ratio vs. SectorThe P/E ratio of Atkore is 9.25, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 22.06.Price to Book Value per Share RatioAtkore has a P/B Ratio of 3.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeGold Set to EXPLODE!Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! About Atkore Stock (NYSE:ATKR)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. The company offers its products under the Allied Tube & Conduit, AFC Cable Systems, Kaf-Tech, Heritage Plastics, Unistrut, Power-Strut, Cope, US Tray, FRE Composites, United Poly Systems, Calbond, and Calpipe. It serves various end markets, including new construction; maintenance, repair, and remodel; infrastructure; diversified industrials; alternative power generation; healthcare; data centers; and governments through electrical, industrial, and mechanical contractors, as well as original equipment manufacturers. The company was formerly known as Atkore International Group Inc. and changed its name to Atkore Inc. in February 2021. Atkore Inc. was founded in 1959 and is headquartered in Harvey, Illinois.Read More ATKR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ATKR Stock News HeadlinesMay 7, 2024 | markets.businessinsider.comAtkore Inc. Q2 Profit Decreases, but beats estimatesMay 7, 2024 | msn.comATKR Stock Earnings: Atkore Beats EPS, Misses Revenue for Q2 2024May 8, 2024 | Unstoppable Prosperity (Ad)“Crash Insurance” For Your RetirementWhen it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio. May 7, 2024 | finance.yahoo.comAtkore Inc (ATKR) Q2 Earnings: Misses Revenue Estimates, Adjusts Full-Year OutlookMay 7, 2024 | businesswire.comAtkore Inc. Announces Second Quarter 2024 ResultsMay 5, 2024 | americanbankingnews.comAtkore (ATKR) to Release Quarterly Earnings on TuesdayMay 2, 2024 | businesswire.comAtkore Inc. Declares Quarterly DividendApril 30, 2024 | investorplace.comStock Market Crash Alert: 3 Must-Buy Russell 2000 Stocks When Prices PlungeMay 8, 2024 | Unstoppable Prosperity (Ad)“Crash Insurance” For Your RetirementWhen it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio. April 25, 2024 | finance.yahoo.comAtkore's (NYSE:ATKR) five-year earnings growth trails the 49% YoY shareholder returnsApril 23, 2024 | ca.finance.yahoo.comATKR May 2024 155.000 callApril 22, 2024 | businesswire.comAtkore Inc. Announces Participation at Upcoming Investor ConferencesApril 17, 2024 | msn.comAtkore (ATKR) Price Target Increased by 5.22% to 197.27April 15, 2024 | businesswire.comAtkore Inc. Announces Second Quarter Fiscal Year 2024 Earnings Release Date and Conference CallApril 10, 2024 | investorplace.comWall Street Favorites: 3 Russell 2000 Stocks With Strong Buy Ratings for April 2024April 8, 2024 | seekingalpha.comAtkore: Tame The EnthusiasmMarch 22, 2024 | markets.businessinsider.comAnalysts Conflicted on These Industrial Goods Names: LegalZoom (LZ), FedEx (FDX) and Atkore International Group (ATKR)March 22, 2024 | money.usnews.comAtkore IncMarch 16, 2024 | finance.yahoo.comATKR Jul 2024 240.000 callMarch 16, 2024 | finance.yahoo.comATKR Oct 2024 210.000 callMarch 16, 2024 | finance.yahoo.comATKR Jul 2024 195.000 callMarch 16, 2024 | finance.yahoo.comATKR Oct 2024 140.000 putMarch 14, 2024 | finance.yahoo.comAtkore Inc (ATKR) VP, Chief HR Officer Leangela Lowe Sells 6,500 SharesMarch 14, 2024 | benzinga.comInsider Transaction: Justin A Kershaw Sells $188K Worth Of Atkore SharesMarch 9, 2024 | fool.com3 Infrastructure Stocks to Buy Hand Over Fist in MarchMarch 5, 2024 | finance.yahoo.comATKR Apr 2024 105.000 callMarch 3, 2024 | finance.yahoo.comAtkore Inc.'s (NYSE:ATKR) Stock's On An Uptrend: Are Strong Financials Guiding The Market?See More Headlines Receive ATKR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Atkore and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/17/2023Ex-Dividend for 3/15 Dividend2/26/2024Dividend Payable3/15/2024Today5/08/2024Ex-Dividend for 5/31 Dividend5/20/2024Dividend Payable5/31/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry Miscellaneous electrical machinery, equipment, & supplies Sub-IndustryN/A Current SymbolNYSE:ATKR Previous SymbolNASDAQ:ATKR CUSIPN/A CIK1666138 Webwww.atkore.com Phone(708) 339-1610Fax708-339-2726Employees5,600Year FoundedN/APrice Target and Rating Average Stock Price Target$191.00 High Stock Price Target$200.00 Low Stock Price Target$186.00 Potential Upside/Downside+23.8%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$16.68 Trailing P/E Ratio9.25 Forward P/E Ratio10.25 P/E GrowthN/ANet Income$689.90 million Net Margins18.80% Pretax Margin22.85% Return on Equity46.79% Return on Assets23.55% Debt Debt-to-Equity Ratio0.51 Current Ratio2.96 Quick Ratio1.99 Sales & Book Value Annual Sales$3.52 billion Price / Sales1.61 Cash Flow$19.17 per share Price / Cash Flow8.05 Book Value$38.85 per share Price / Book3.97Miscellaneous Outstanding Shares36,770,000Free Float35,827,000Market Cap$5.67 billion OptionableOptionable Beta2.19 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. William E. Waltz Jr. (Age 60)President, CEO & Director Comp: $1.94MMr. David P. Johnson (Age 57)VP, CFO & Chief Accounting Officer Comp: $879.15kMr. Daniel S. Kelly Esq. (Age 64)VP, General Counsel & Corporate Secretary Comp: $745.91kMr. John W. Pregenzer (Age 54)President of Electrical Comp: $827.98kMr. Mark F. Lamps (Age 58)Group President of Security & Infrastructure Comp: $735.38kMr. Matthew D. KlineVice President of Treasury & Investor RelationsMs. Lisa A. WinterVice President of Corporate CommunicationsMs. Melissa D. Kidd (Age 55)VP & Senior VP of Sales Ms. LeAngela D. W. Lowe (Age 52)Chief Human Resources Officer More ExecutivesKey CompetitorsEnerSysNYSE:ENSSonoco ProductsNYSE:SONZurn Elkay Water SolutionsNYSE:ZWSCasella Waste SystemsNASDAQ:CWSTSealed AirNYSE:SEEView All CompetitorsInsiders & InstitutionsParadice Investment Management LLCBought 1,329 shares on 5/8/2024Ownership: 0.004%Swiss National BankSold 1,200 shares on 5/7/2024Ownership: 0.199%PFG AdvisorsBought 505 shares on 5/7/2024Ownership: 0.009%Sfmg LLCSold 89 shares on 5/7/2024Ownership: 0.005%Empirical Financial Services LLC d.b.a. Empirical Wealth ManagementBought 1,257 shares on 5/7/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions ATKR Stock Analysis - Frequently Asked Questions Should I buy or sell Atkore stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Atkore in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ATKR shares. View ATKR analyst ratings or view top-rated stocks. What is Atkore's stock price target for 2024? 3 brokers have issued 1-year target prices for Atkore's stock. Their ATKR share price targets range from $186.00 to $200.00. On average, they predict the company's stock price to reach $191.00 in the next year. This suggests a possible upside of 23.8% from the stock's current price. View analysts price targets for ATKR or view top-rated stocks among Wall Street analysts. How have ATKR shares performed in 2024? Atkore's stock was trading at $160.00 at the beginning of 2024. Since then, ATKR shares have decreased by 3.5% and is now trading at $154.33. View the best growth stocks for 2024 here. Are investors shorting Atkore? Atkore saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 5,850,000 shares, an increase of 15.6% from the March 31st total of 5,060,000 shares. Based on an average trading volume of 485,800 shares, the days-to-cover ratio is currently 12.0 days. Approximately 16.1% of the shares of the stock are short sold. View Atkore's Short Interest. How were Atkore's earnings last quarter? Atkore Inc. (NYSE:ATKR) released its earnings results on Friday, November, 17th. The company reported $4.21 EPS for the quarter, topping analysts' consensus estimates of $3.70 by $0.51. The firm had revenue of $870 million for the quarter, compared to analysts' expectations of $910.40 million. Atkore had a trailing twelve-month return on equity of 46.79% and a net margin of 18.80%. Atkore's quarterly revenue was down 15.5% on a year-over-year basis. During the same quarter last year, the business earned $5.18 earnings per share. How often does Atkore pay dividends? What is the dividend yield for Atkore? Atkore announced a quarterly dividend on Thursday, May 2nd. Investors of record on Tuesday, May 21st will be given a dividend of $0.32 per share on Friday, May 31st. This represents a $1.28 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend is Monday, May 20th. Read our dividend analysis for ATKR. Is Atkore a good dividend stock? Atkore (NYSE:ATKR) pays an annual dividend of $1.28 per share and currently has a dividend yield of 0.73%. The dividend payout ratio is 7.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ATKR will have a dividend payout ratio of 7.80% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ATKR. What ETFs hold Atkore's stock? ETFs with the largest weight of Atkore (NYSE:ATKR) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR), The Acquirers Fund (ZIG), Ballast Small/Mid Cap ETF (MGMT), Euclidean Fundamental Value ETF (ECML), Corbett Road Tactical Opportunity ETFNew (OPPX), Invesco Global Clean Energy ETF (PBD), WisdomTree U.S. Growth & Momentum Fund (WGRO) and Distillate Small/Mid Cash Flow ETF (DSMC). What guidance has Atkore issued on next quarter's earnings? Atkore updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of 16.000-17.000 for the period, compared to the consensus earnings per share estimate of 16.930. The company issued revenue guidance of -. What is William E Waltz's approval rating as Atkore's CEO? 27 employees have rated Atkore Chief Executive Officer William E Waltz on Glassdoor.com. William E Waltz has an approval rating of 94% among the company's employees. This puts William E Waltz in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Atkore own? Based on aggregate information from My MarketBeat watchlists, some companies that other Atkore investors own include Advanced Micro Devices (AMD), Alibaba Group (BABA), NVIDIA (NVDA), Intel (INTC), Altria Group (MO), Pfizer (PFE), Block (SQ), AT&T (T), AbbVie (ABBV) and Applied Materials (AMAT). When did Atkore IPO? Atkore (ATKR) raised $252 million in an initial public offering (IPO) on Friday, June 10th 2016. The company issued 12,000,000 shares at $20.00-$22.00 per share. Credit Suisse, Deutsche Bank Securities, J.P. Morgan and UBS Investment Bank served as the underwriters for the IPO and Citigroup, RBC Capital Markets and Wells Fargo Securities were co-managers. Who are Atkore's major shareholders? Atkore's stock is owned by a number of retail and institutional investors. Top institutional shareholders include LSV Asset Management (2.27%), Allspring Global Investments Holdings LLC (2.06%), Zurcher Kantonalbank Zurich Cantonalbank (1.51%), Principal Financial Group Inc. (0.74%), Mirae Asset Global Investments Co. Ltd. (0.53%) and Raymond James & Associates (0.50%). Insiders that own company stock include A Mark Zeffiro, Daniel S Kelly, David Paul Johnson, John W Pregenzer, Justin A Kershaw, Leangela W Lowe, Mark F Lamps, Scott H Muse, Wilbert W James Jr, William E Jr Waltz and William Vanarsdale. View institutional ownership trends. How do I buy shares of Atkore? Shares of ATKR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ATKR) was last updated on 5/8/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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