NYSE:ATKR Atkore (ATKR) Stock Forecast, Price & News $148.50 +5.80 (+4.06%) (As of 01:27 PM ET) Add Compare Share Share Today's Range$144.33▼$149.2750-Day Range$141.00▼$163.4452-Week Range$71.65▼$164.76Volume267,311 shsAverage Volume425,492 shsMarket Capitalization$5.61 billionP/E Ratio7.89Dividend YieldN/APrice Target$176.25 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Atkore MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside20.6% Upside$176.25 Price TargetShort InterestBearish11.85% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.04Based on 5 Articles This WeekInsider TradingSelling Shares$661,920 Sold Last QuarterProj. Earnings Growth-10.96%From $17.33 to $15.43 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.1.54 out of 5 starsIndustrial Products Sector164th out of 178 stocksMiscellaneous Electrical Machinery, Equipment, & Supplies Industry25th out of 27 stocks 2.4 Analyst's Opinion Consensus RatingAtkore has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $176.25, Atkore has a forecasted upside of 20.6% from its current price of $146.11.Amount of Analyst CoverageAtkore has only been the subject of 3 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted11.85% of the float of Atkore has been sold short.Short Interest Ratio / Days to CoverAtkore has a short interest ratio ("days to cover") of 11.8, which indicates bearish sentiment.Change versus previous month 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 3.4 News and Social Media Coverage News SentimentAtkore has a news sentiment score of 1.04. 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 0.79 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Atkore this week, compared to 3 articles on an average week.MarketBeat Follows8 people have added Atkore to their MarketBeat watchlist in the last 30 days. This is an increase of 60% 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 $661,920.00 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 -10.96% in the coming year, from $17.33 to $15.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Atkore is 7.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Atkore is 7.76, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 16.33.Price to Book Value per Share RatioAtkore has a P/B Ratio of 4.83. 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 and sale of electrical, safety, and infrastructure products in the United States and internationally. The company offers conduits, cables, and installation accessories. It also designs and manufactures safety and infrastructure solutions, 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, as well as infrastructure; diversified industrials; alternative power generation; healthcare; data centers; and government 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ATKR Stock News HeadlinesSeptember 25, 2023 | finance.yahoo.comIs Weakness In Atkore Inc. (NYSE:ATKR) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?September 24, 2023 | msn.comAtkore: Deep Value With A MoatSeptember 27, 2023 | Micro-Cap Stock Trader (Ad)U.S. drive to onshore battery supply chains could create big winners in lithiumInvestor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 8, 2023 | finance.yahoo.com5 Stocks With High ROE to Buy as Rate Hike Probability RisesSeptember 5, 2023 | finance.yahoo.comFortune Media and Great Place To Work Name Atkore to 2023 Best Workplaces in Manufacturing & Production List, Ranking No. 13August 29, 2023 | benzinga.comHere's How Much $1000 Invested In Atkore 5 Years Ago Would Be Worth TodayAugust 27, 2023 | seekingalpha.comAtkore: A Top-Tier Industrial Mid-Cap PlayAugust 12, 2023 | msn.comAtkore: When Boring Gets InterestingSeptember 27, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."August 9, 2023 | finance.yahoo.comCompany News for Aug 9, 2023August 8, 2023 | finance.yahoo.comAtkore Inc. (ATKR) Q3 Earnings Surpass EstimatesAugust 8, 2023 | seekingalpha.comAtkore Inc. 2023 Q3 - Results - Earnings Call PresentationAugust 8, 2023 | markets.businessinsider.comAtkore Inc. Q3 Profit Decreases, but beats estimatesAugust 8, 2023 | finance.yahoo.comAtkore Inc. Announces Third Quarter 2023 ResultsAugust 7, 2023 | benzinga.comA Preview Of Atkore's EarningsJuly 18, 2023 | finance.yahoo.comAtkore Inc. Announces Third Quarter Fiscal Year 2023 Earnings Release Date and Conference CallJuly 7, 2023 | finance.yahoo.comAtkore Inc. (ATKR) Gains As Market Dips: What You Should KnowJune 26, 2023 | msn.comAre Industrial Products Stocks Lagging Atkore (ATKR) This Year?June 23, 2023 | finance.yahoo.comAtkore Inc. President and CEO William Waltz Named as an EY Entrepreneur of The Year® 2023 Midwest Award WinnerJune 16, 2023 | finance.yahoo.comAtkore Inc. (ATKR) Dips More Than Broader Markets: What You Should KnowJune 13, 2023 | finance.yahoo.comHigher Demand Led Atkore (ATKR)’s Performance in Q1June 10, 2023 | finance.yahoo.comAtkore (NYSE:ATKR) jumps 9.1% this week, though earnings growth is still tracking behind five-year shareholder returnsJune 9, 2023 | finance.yahoo.comAtkore Inc. (ATKR) Stock Sinks As Market Gains: What You Should KnowJune 8, 2023 | finance.yahoo.comIs Astec Industries (ASTE) Stock Outpacing Its Industrial Products Peers This Year?June 8, 2023 | ca.finance.yahoo.comATKR - Atkore Inc.June 7, 2023 | finance.yahoo.comAtkore Inc. to Participate at the 2023 Wells Fargo Industrials ConferenceJune 5, 2023 | finance.yahoo.comDoes Atkore Inc. (ATKR) Have the Potential to Rally 28.93% as Wall Street Analysts Expect?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 ATKR Company Calendar Last Earnings8/08/2023Today9/27/2023Fiscal Year End9/30/2023Next Earnings (Estimated)11/17/2023Get 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$176.25 High Stock Price Forecast$186.00 Low Stock Price Forecast$163.00 Forecasted Upside/Downside+23.4%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$18.82 Trailing P/E Ratio7.59 Forward P/E Ratio8.24 P/E GrowthN/ANet Income$913.43 million Net Margins20.93% Pretax Margin26.03% Return on Equity59.21% Return on Assets29.28% Debt Debt-to-Equity Ratio0.54 Current Ratio2.85 Quick Ratio1.95 Sales & Book Value Annual Sales$3.91 billion Price / Sales1.38 Cash Flow$24.37 per share Price / Cash Flow5.86 Book Value$30.25 per share Price / Book4.72Miscellaneous Outstanding Shares37,790,000Free Float36,997,000Market Cap$5.40 billion OptionableOptionable Beta2.20 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. William E. Waltz Jr. (Age 59)Pres, CEO & Director Comp: $3.61MMr. David P. Johnson (Age 56)VP, CFO & Chief Accounting Officer Comp: $1.4MMr. Daniel S. Kelly Esq. (Age 63)VP, Gen. Counsel & Corp. Sec. Comp: $1.14MMr. John W. Pregenzer (Age 53)Pres of Electrical Comp: $1.18MMr. Mark F. Lamps (Age 57)Group Pres of Security & Infrastructure Comp: $1.09MMr. John DeitzerVP of Treasury & Investor RelationsMs. Lisa A. WinterVP of Corp. CommunicationsMs. Melissa D. Kidd (Age 55)VP & Sr. VP of Sales Ms. LeAngela D. W. Lowe (Age 51)VP of Global HR More ExecutivesKey CompetitorsEnerSysNYSE:ENSADTNYSE:ADTMSC Industrial DirectNYSE:MSMSonoco ProductsNYSE:SONTimkenNYSE:TKRView All CompetitorsInsiders & InstitutionsWolverine Trading LLCBought 4,100 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 23,200 shares on 8/22/2023Ownership: 0.061%Comerica BankBought 16,301 shares on 8/22/2023Ownership: 0.043%California State Teachers Retirement SystemSold 1,610 shares on 8/21/2023Ownership: 0.127%Osaic Holdings Inc.Bought 934 shares on 8/21/2023Ownership: 0.021%View All Insider TransactionsView All Institutional Transactions ATKR Stock - Frequently Asked Questions Should I buy or sell Atkore stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Atkore in the last twelve months. There are currently 1 hold rating and 3 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 forecast for 2023? 4 Wall Street research analysts have issued 12 month price objectives for Atkore's shares. Their ATKR share price forecasts range from $163.00 to $186.00. On average, they expect the company's share price to reach $176.25 in the next year. This suggests a possible upside of 23.4% 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 at the start of the year. Since then, ATKR shares have increased by 25.9% and is now trading at $142.80. View the best growth stocks for 2023 here. Are investors shorting Atkore? Atkore saw a increase in short interest in August. As of August 15th, there was short interest totaling 4,420,000 shares, an increase of 8.1% from the July 31st total of 4,090,000 shares. Based on an average daily volume of 395,800 shares, the days-to-cover ratio is presently 11.2 days. Currently, 11.9% of the shares of the company 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 Friday, November 17th 2023. View our ATKR earnings forecast. How were Atkore's earnings last quarter? Atkore Inc. (NYSE:ATKR) issued its quarterly earnings results on Tuesday, August, 8th. The company reported $5.72 earnings per share for the quarter, topping the consensus estimate of $4.27 by $1.45. The company earned $919.10 million during the quarter, compared to the consensus estimate of $929.45 million. Atkore had a net margin of 20.93% and a trailing twelve-month return on equity of 59.21%. The company's revenue was down 13.4% on a year-over-year basis. During the same quarter last year, the business earned $5.74 earnings per share. 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), Euclidean Fundamental Value ETF (ECML), Argent Mid Cap ETF (AMID), Corbett Road Tactical Opportunity ETF (OPPX), Innovator IBD Breakout Opportunities ETF (BOUT), Cambria Shareholder Yield ETF (SYLD), WisdomTree U.S. Growth & Momentum Fund (WGRO) and First Trust Active Factor Small Cap ETF (AFSM). What guidance has Atkore issued on next quarter's earnings? Atkore updated its FY23 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of $18.90-$19.30 for the period, compared to the consensus earnings per share estimate of $18.03. 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 $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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.14%), River Road Asset Management LLC (2.98%), Dimensional Fund Advisors LP (2.73%), LSV Asset Management (2.50%), State Street Corp (2.32%) and Geode Capital Management LLC (2.29%). 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, 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 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 $142.80. How much money does Atkore make? Atkore (NYSE:ATKR) has a market capitalization of $5.40 billion and generates $3.91 billion in revenue each year. The company earns $913.43 million in net income (profit) each year or $18.82 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 9/27/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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