NYSE:ATKR Atkore (ATKR) Stock Forecast, Price & News $126.62 +6.77 (+5.65%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$121.90▼$127.7150-Day Range$116.77▼$141.2652-Week Range$70.50▼$154.86Volume481,499 shsAverage Volume485,636 shsMarket Capitalization$4.88 billionP/E Ratio6.52Dividend YieldN/APrice Target$161.40 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Atkore MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside27.5% Upside$161.40 Price TargetShort InterestBearish10.56% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.99Based on 4 Articles This WeekInsider TradingSelling Shares$1.50 M Sold Last QuarterProj. Earnings Growth-5.92%From $16.04 to $15.09 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.98 out of 5 starsIndustrial Products Sector121st out of 178 stocksMiscellaneous Electrical Machinery, Equipment, & Supplies Industry13th out of 26 stocks 3.4 Analyst's Opinion Consensus RatingAtkore has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $161.40, Atkore has a forecasted upside of 27.5% from its current price of $126.62.Amount of Analyst CoverageAtkore has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.56% of the float of Atkore has been sold short.Short Interest Ratio / Days to CoverAtkore has a short interest ratio ("days to cover") of 8.4.Change versus previous monthShort interest in Atkore has recently increased by 4.96%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldAtkore does not currently pay a dividend.Dividend GrowthAtkore does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ATKR. Previous Next 3.3 News and Social Media Coverage News SentimentAtkore has a news sentiment score of 0.99. 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 0.65 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Atkore this week, compared to 3 articles on an average week.Search InterestOnly 9 people have searched for ATKR on MarketBeat in the last 30 days. This is a decrease of -79% compared to the previous 30 days.MarketBeat Follows10 people have added Atkore to their MarketBeat watchlist in the last 30 days. This is an increase of 25% 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 $1,497,900.00 in company stock.Percentage Held by InsidersOnly 2.11% of the stock of Atkore is held by insiders. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Atkore are expected to decrease by -5.92% in the coming year, from $16.04 to $15.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Atkore is 6.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Atkore is 6.52, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 14.88.Price to Book Value per Share RatioAtkore has a P/B Ratio of 3.65. 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 About Atkore (NYSE:ATKR) StockAtkore, Inc. engages in the manufacture of electrical raceway products. It operates through the Electrical, and Safety and Infrastructure segments. The Electrical segment produces products used in the construction of electrical power systems such as conduit, cable, and installation accessories. The Safety and Infrastructure segment designs and creates solutions including metal framing, mechanical pipe, perimeter security, and cable management for the protection and reliability of critical infrastructure. The company was founded in 1959 and is headquartered in Harvey, IL.Read More 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 ATKR Stock News HeadlinesJune 2, 2023 | finance.yahoo.comBrokers Suggest Investing in Atkore Inc. (ATKR): Read This Before Placing a BetMay 24, 2023 | fool.comAtkore (NYSE: ATKR)June 3, 2023 | Legacy Research (Affiliate) (Ad)The “Amazon Secret Royalty Program” Can Help Anyone Retire Like RoyaltyA unique type of investment could help you make more money than you will need for the rest of your life. It’s what we call the “Amazon secret royalty program.” It’s an income stream that allows you to collect $1,000s… $10,000s… or more every year! Learn how to collect your first payout before June 13th.May 23, 2023 | finance.yahoo.comIs Atkore (ATKR) Outperforming Other Industrial Products Stocks This Year?May 19, 2023 | americanbankingnews.comAtkore (NYSE:ATKR) Coverage Initiated by Analysts at StockNews.comMay 17, 2023 | finance.yahoo.comWall Street Bulls Look Optimistic About Atkore Inc. (ATKR): Should You Buy?May 17, 2023 | americanbankingnews.comAnalysts Set Atkore Inc. (NYSE:ATKR) Target Price at $161.40May 12, 2023 | finance.yahoo.comAtkore Inc.'s (NYSE:ATKR) Intrinsic Value Is Potentially 44% Above Its Share PriceJune 3, 2023 | Legacy Research (Affiliate) (Ad)The “Amazon Secret Royalty Program” Can Help Anyone Retire Like RoyaltyA unique type of investment could help you make more money than you will need for the rest of your life. It’s what we call the “Amazon secret royalty program.” It’s an income stream that allows you to collect $1,000s… $10,000s… or more every year! Learn how to collect your first payout before June 13th.May 12, 2023 | msn.comCitigroup Maintains Atkore (ATKR) Neutral RecommendationMay 11, 2023 | msn.comRBC Capital Maintains Atkore (ATKR) Outperform RecommendationMay 10, 2023 | finance.yahoo.comCompany News for May 10, 2023May 9, 2023 | finance.yahoo.comAtkore Inc. (ATKR) Tops Q2 Earnings EstimatesMay 9, 2023 | finance.yahoo.comAtkore Inc. Announces Second Quarter 2023 ResultsMay 7, 2023 | seekingalpha.comAtkore: Another Growth Stock To Consider For The Second Half RecoveryMay 5, 2023 | finance.yahoo.comAtkore (ATKR) to Report Q2 Earnings: What's in the Cards?May 2, 2023 | americanbankingnews.comAtkore (ATKR) to Release Earnings on TuesdayMay 1, 2023 | finance.yahoo.comWall Street Analysts Think Atkore Inc. (ATKR) Is a Good Investment: Is It?April 22, 2023 | americanbankingnews.comAtkore Inc. (NYSE:ATKR) Receives Average Recommendation of "Moderate Buy" from AnalystsApril 18, 2023 | finance.yahoo.comAtkore Inc. Announces Second Quarter Fiscal Year 2023 Earnings Release Date and Conference CallApril 17, 2023 | finance.yahoo.comAtkore Inc.'s (NYSE:ATKR) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?April 14, 2023 | wsj.comAtkore Inc.April 13, 2023 | finance.yahoo.comAtkore Inc. (ATKR) Is Considered a Good Investment by Brokers: Is That True?April 12, 2023 | americanbankingnews.comAtkore (NYSE:ATKR) Shares Up 4.6%April 11, 2023 | finance.yahoo.comAtkore Inc. (ATKR) Stock Moves 1.48%: What You Should KnowApril 8, 2023 | americanbankingnews.comContrasting Expion360 (NASDAQ:XPON) & Atkore (NYSE:ATKR)March 30, 2023 | finance.yahoo.comHas Atkore (ATKR) Outpaced Other Industrial Products Stocks This Year?See More Headlines ATKR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ATKR Company Calendar Last Earnings5/09/2023Today6/03/2023Next Earnings (Estimated)8/01/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Miscellaneous electrical machinery, equipment, & supplies Sub-IndustryN/A SectorIndustrial Products Current SymbolNYSE:ATKR Previous SymbolNASDAQ:ATKR CUSIPN/A CIK1666138 Webwww.atkore.com Phone(708) 339-1610Fax708-339-2726Employees5,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$161.40 High Stock Price Forecast$177.00 Low Stock Price Forecast$143.00 Forecasted Upside/Downside+27.5%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$19.43 Trailing P/E Ratio6.52 Forward P/E Ratio7.89 P/E GrowthN/ANet Income$913.43 million Net Margins21.54% Pretax Margin28.25% Return on Equity66.55% Return on Assets32.22% Debt Debt-to-Equity Ratio0.57 Current Ratio2.99 Quick Ratio2.10 Sales & Book Value Annual Sales$3.91 billion Price / Sales1.25 Cash Flow$26.60 per share Price / Cash Flow4.76 Book Value$34.72 per share Price / Book3.65Miscellaneous Outstanding Shares38,560,000Free Float37,746,000Market Cap$4.88 billion OptionableOptionable Beta2.17 Key ExecutivesWilliam E. WaltzPresident, Chief Executive Officer & DirectorDavid P. JohnsonVP, Chief Financial & Accounting OfficerLee A. PareeVice President-Information TechnologyDaniel S. KellySecretary, Vice President & General CounselMelissa D. KiddSenior Vice President-Sales & Vice PresidentKey CompetitorsEnerSysNYSE:ENSCasella Waste SystemsNASDAQ:CWSTChart IndustriesNYSE:GTLSFlowserveNYSE:FLSMueller IndustriesNYSE:MLIView All CompetitorsInsiders & InstitutionsPrelude Capital Management LLCBought 1,492 shares on 6/1/2023Ownership: 0.004%ProShare Advisors LLCSold 665 shares on 5/26/2023Ownership: 0.012%Empower Advisory Group LLCBought 1,775 shares on 5/25/2023Ownership: 0.005%Toroso Investments LLCBought 3,925 shares on 5/23/2023Ownership: 0.010%Putnam Investments LLCBought 18,640 shares on 5/22/2023Ownership: 0.112%View All Insider TransactionsView All Institutional Transactions ATKR Stock - Frequently Asked Questions Should I buy or sell Atkore stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Atkore in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ATKR shares. View ATKR analyst ratings or view top-rated stocks. What is Atkore's stock price forecast for 2023? 5 brokerages have issued 12 month price targets for Atkore's shares. Their ATKR share price forecasts range from $143.00 to $177.00. On average, they predict the company's stock price to reach $161.40 in the next twelve months. This suggests a possible upside of 27.5% 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 2023? Atkore's stock was trading at $113.42 on January 1st, 2023. Since then, ATKR shares have increased by 11.6% and is now trading at $126.62. View the best growth stocks for 2023 here. Are investors shorting Atkore? Atkore saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,830,000 shares, an increase of 17.1% from the April 15th total of 3,270,000 shares. Based on an average daily volume of 454,000 shares, the days-to-cover ratio is currently 8.4 days. Approximately 9.8% of the company's shares are short sold. View Atkore's Short Interest. When is Atkore's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our ATKR earnings forecast. How were Atkore's earnings last quarter? Atkore Inc. (NYSE:ATKR) announced its quarterly earnings results on Tuesday, May, 9th. The company reported $4.31 EPS for the quarter, topping analysts' consensus estimates of $3.71 by $0.60. The business earned $895.93 million during the quarter, compared to analysts' expectations of $910.20 million. Atkore had a net margin of 21.54% and a trailing twelve-month return on equity of 66.55%. 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), WisdomTree U.S. Growth & Momentum Fund (WGRO), Alpha Architect U.S. Quantitative Value ETF (QVAL), Cambria Value and Momentum ETF (VAMO), Argent Mid Cap ETF (AMID), Invesco DWA Momentum ETF (PDP), Cambria Shareholder Yield ETF (SYLD) and Inspire Fidelis Multi Factor ETF (FDLS). What guidance has Atkore issued on next quarter's earnings? Atkore updated its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of $17.45-$18.35 for the period, compared to the consensus earnings per share estimate of $16.99. 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? (ATKR) raised $252 million in an 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. What is Atkore's stock symbol? Atkore trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATKR." Who are Atkore's major shareholders? Atkore's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.80%), FMR LLC (5.11%), Macquarie Group Ltd. (3.10%), River Road Asset Management LLC (2.86%), Dimensional Fund Advisors LP (2.64%) and LSV Asset Management (2.45%). Insiders that own company stock include A Mark Zeffiro, Daniel S Kelly, David Paul Johnson, John W Pregenzer, Leangela W Lowe, Mark F Lamps, Peter J Lariviere, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Atkore's stock price today? One share of ATKR stock can currently be purchased for approximately $126.62. How much money does Atkore make? Atkore (NYSE:ATKR) has a market capitalization of $4.88 billion and generates $3.91 billion in revenue each year. The company earns $913.43 million in net income (profit) each year or $19.43 on an earnings per share basis. How many employees does Atkore have? The company employs 5,000 workers across the globe. How can I contact Atkore? Atkore's mailing address is 16100 SOUTH LATHROP AVENUE, HARVEY IL, 60426. The official website for the company is www.atkore.com. The company can be reached via phone at (708) 339-1610, via email at investors@atkore.com, or via fax at 708-339-2726. This page (NYSE:ATKR) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Atkore Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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