S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Sports analytics may be outnumbered when it comes to artificial intelligence
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
California authorizes expansion of Waymo's driverless car services to LA, SF peninsula
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
College athletes will need school approval for NIL deals under bill passed by Utah Legislature
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Sports analytics may be outnumbered when it comes to artificial intelligence
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
California authorizes expansion of Waymo's driverless car services to LA, SF peninsula
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
College athletes will need school approval for NIL deals under bill passed by Utah Legislature
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Sports analytics may be outnumbered when it comes to artificial intelligence
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
California authorizes expansion of Waymo's driverless car services to LA, SF peninsula
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
College athletes will need school approval for NIL deals under bill passed by Utah Legislature
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Sports analytics may be outnumbered when it comes to artificial intelligence
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
California authorizes expansion of Waymo's driverless car services to LA, SF peninsula
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
College athletes will need school approval for NIL deals under bill passed by Utah Legislature
NYSE:ATKR

Atkore (ATKR) Stock Price, News & Analysis

$172.52
+3.12 (+1.84%)
(As of 03/1/2024 ET)
Today's Range
$169.32
$173.23
50-Day Range
$142.60
$172.72
52-Week Range
$116.14
$173.23
Volume
599,923 shs
Average Volume
461,941 shs
Market Capitalization
$6.34 billion
P/E Ratio
10.34
Dividend Yield
0.74%
Price Target
$178.67

Atkore MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
3.6% Upside
$178.67 Price Target
Short Interest
Bearish
13.55% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.44mentions of Atkore in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$21.45 M Sold Last Quarter
Proj. Earnings Growth
8.90%
From $15.06 to $16.40 Per Share

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.

0.89 out of 5 stars

Industrial Products Sector

164th out of 174 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

24th out of 28 stocks


ATKR stock logo

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.

ATKR Stock Price History

ATKR Stock News Headlines

Atkore (NYSE:ATKR) Stock Rating Lowered by StockNews.com
Atkore Inc. (NYSE:ATKR) Insider Sells $1,037,792.52 in Stock
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
ATKR Mar 2024 110.000 put
ATKR Jul 2024 210.000 call
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Atkore Inc. (NYSE:ATKR) Q1 2024 Earnings Call Transcript
Atkore First Quarter 2024 Earnings: Beats Expectations
Atkore Inc. (ATKR) Q1 Earnings and Revenues Top Estimates
Atkore Inc. Announces First Quarter 2024 Results
Earnings Preview For Atkore
5 Value Stocks In The Industrials Sector
Atkore Inc. Initiates Quarterly Dividend
Atkore: Long-Term Thesis Intact Despite Revenue Drop
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.

Company Calendar

Last Earnings
2/01/2024
Ex-Dividend for 3/15 Dividend
2/26/2024
Today
3/02/2024
Dividend Payable
3/15/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
N/A
Previous Symbol
NASDAQ:ATKR
Employees
5,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$178.67
High Stock Price Target
$187.00
Low Stock Price Target
$163.00
Potential Upside/Downside
+3.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$689.90 million
Pretax Margin
22.85%

Debt

Sales & Book Value

Annual Sales
$3.52 billion
Cash Flow
$22.32 per share
Book Value
$40.86 per share

Miscellaneous

Free Float
35,827,000
Market Cap
$6.34 billion
Optionable
Optionable
Beta
2.18
Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report














ATKR Stock Analysis - Frequently Asked Questions

Should I buy or sell Atkore stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Atkore in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities 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 equities research analysts have issued twelve-month target prices for Atkore's stock. Their ATKR share price targets range from $163.00 to $187.00. On average, they predict the company's share price to reach $178.67 in the next year. This suggests a possible upside of 3.6% 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 increased by 7.8% and is now trading at $172.52.
View the best growth stocks for 2024 here
.

Are investors shorting Atkore?

Atkore saw a increase in short interest in February. As of February 15th, there was short interest totaling 4,900,000 shares, an increase of 9.9% from the January 31st total of 4,460,000 shares. Based on an average daily trading volume, of 435,900 shares, the days-to-cover ratio is presently 11.2 days. Approximately 13.6% of the shares of the stock are sold short.
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, May 14th 2024.
View our ATKR earnings forecast
.

How were Atkore's earnings last quarter?

Atkore Inc. (NYSE:ATKR) issued its quarterly earnings data on Thursday, February, 1st. The company reported $4.12 earnings per share for the quarter, topping the consensus estimate of $3.08 by $1.04. The business had revenue of $798.50 million for the quarter, compared to analyst estimates of $777.05 million. Atkore had a net margin of 18.80% and a trailing twelve-month return on equity of 46.79%. The company's revenue for the quarter was down 4.2% on a year-over-year basis. During the same period last year, the firm posted $4.51 EPS.

How often does Atkore pay dividends? What is the dividend yield for Atkore?

Atkore declared a quarterly dividend on Tuesday, January 30th. Investors of record on Tuesday, February 27th will be paid a dividend of $0.32 per share on Friday, March 15th. This represents a $1.28 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend is Monday, February 26th.
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 0.78%. 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 guidance has Atkore issued on next quarter's earnings?

Atkore updated its FY24 earnings guidance on Thursday, February, 1st. The company provided earnings per share (EPS) guidance of $16.50-$17.50 for the period, compared to the consensus EPS estimate of $16.71.

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 initial public offering (IPO) on Friday, June 10th 2016. The company issued 12,000,000 shares at a price of $20.00-$22.00 per share. Credit Suisse, Deutsche Bank Securities, J.P. Morgan and UBS Investment Bank acted 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 investors include Vanguard Group Inc. (11.25%), River Road Asset Management LLC (3.39%), Boston Partners (3.26%), Dimensional Fund Advisors LP (2.90%), LSV Asset Management (2.42%) and Gates Capital Management Inc. (2.24%). Insiders that own company stock include A Mark Zeffiro, Daniel S Kelly, David Paul Johnson, John W Pregenzer, 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 3/2/2024 by MarketBeat.com Staff