NYSE:ATKR Atkore - ATKR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $141.11 -7.80 (-5.24%) (As of 02/2/2023 12:00 AM ET) Add Compare Share Share Today's Range$139.79▼$153.5550-Day Range$112.65▼$148.9152-Week Range$70.50▼$153.55Volume1.06 million shsAverage Volume485,203 shsMarket Capitalization$5.63 billionP/E Ratio6.94Dividend YieldN/APrice Target$134.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Atkore MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside14.4% Upside$161.40 Price TargetShort InterestBearish5.56% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.53Based on 14 Articles This WeekInsider TradingSelling Shares$4.56 M Sold Last QuarterProj. Earnings Growth0.59%From $13.62 to $13.70 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.1.76 out of 5 starsIndustrial Products Sector166th out of 178 stocksMiscellaneous Electrical Machinery, Equipment, & Supplies Industry24th out of 25 stocks 2.4 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 14.4% from its current price of $141.11.Amount of Analyst CoverageAtkore has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.56% of the float of Atkore has been sold short.Short Interest Ratio / Days to CoverAtkore has a short interest ratio ("days to cover") of 4.8.Change versus previous monthShort interest in Atkore has recently increased by 14.66%, indicating that investor sentiment is decreasing significantly. 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 3.1 News and Social Media Coverage News SentimentAtkore has a news sentiment score of 0.53. 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 news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Atkore this week, compared to 3 articles on an average week.Search Interest17 people have searched for ATKR on MarketBeat in the last 30 days. This is an increase of 240% compared to the previous 30 days.MarketBeat Follows12 people have added Atkore to their MarketBeat watchlist in the last 30 days. This is an increase of 71% 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 $4,558,499.00 in company stock.Percentage Held by InsidersOnly 2.11% of the stock of Atkore is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Atkore are expected to grow by 0.59% in the coming year, from $13.62 to $13.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Atkore is 6.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Atkore is 6.94, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.59.Price to Book Value per Share RatioAtkore has a P/B Ratio of 4.66. 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 HeadlinesFebruary 2, 2023 | finance.yahoo.comCompany News for Feb 2, 2023February 1, 2023 | finance.yahoo.comAtkore Inc. Announces First Quarter 2023 ResultsFebruary 2, 2023 | Investing Trends (Ad)Profit From the Commercial Solar Boom?Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered. February 1, 2023 | finance.yahoo.comAtkore Releases 2022 Sustainability ReportJanuary 30, 2023 | americanbankingnews.comAtkore (ATKR) Scheduled to Post Quarterly Earnings on WednesdayJanuary 24, 2023 | americanbankingnews.comAtkore Inc. (NYSE:ATKR) Short Interest UpdateJanuary 11, 2023 | finance.yahoo.comAtkore Inc. Announces First Quarter Fiscal Year 2023 Earnings Release Date and Conference CallJanuary 1, 2023 | finance.yahoo.comAtkore's (NYSE:ATKR) investors will be pleased with their massive 421% return over the last five yearsFebruary 2, 2023 | PressReach (Ad)Top Innovation StockToday's stock market report features an AI Robotics tech stock with a $4 million order backlog.December 29, 2022 | finance.yahoo.comAtkore Inc. (ATKR) Gains But Lags Market: What You Should KnowDecember 25, 2022 | finance.yahoo.comAtkore Inc. (NYSE:ATKR) Q4 2022 Earnings Call TranscriptDecember 20, 2022 | finance.yahoo.comAtkore Inc. (ATKR) Outpaces Stock Market Gains: What You Should KnowDecember 13, 2022 | finance.yahoo.comAtkore Inc. Names Joanne (Barbara) Edwards as New DirectorDecember 11, 2022 | finance.yahoo.comHere's Why Atkore (NYSE:ATKR) Has Caught The Eye Of InvestorsNovember 23, 2022 | finance.yahoo.comAtkore Inc. to Participate at the Credit Suisse 10th Annual Global Industrials ConferenceNovember 20, 2022 | finance.yahoo.comAtkore Full Year 2022 Earnings: Beats ExpectationsNovember 18, 2022 | finance.yahoo.comAtkore Stock Jumps On Q4 Beat, Upbeat ForecastNovember 18, 2022 | finance.yahoo.comWhy Atkore Stock Jumped Higher TodayNovember 18, 2022 | finance.yahoo.comAtkore Inc. Announces Fourth Quarter 2022 ResultsNovember 10, 2022 | stocknews.comAtkore is the Growth Stock of the WeekNovember 7, 2022 | finance.yahoo.comAtkore Inc.'s (NYSE:ATKR) Stock Is Going Strong: Is the Market Following Fundamentals?October 27, 2022 | finance.yahoo.comAtkore Inc. Announces Fourth Quarter Fiscal Year 2022 Earnings Release Date and Conference CallOctober 19, 2022 | businesswire.comAtkore Inc. to Present at the Baird 2022 Global Industrial Conference - Business WireOctober 19, 2022 | finance.yahoo.comAtkore Inc. to Present at the Baird 2022 Global Industrial ConferenceOctober 14, 2022 | investorplace.comThe Top 11 Stocks for 2023 - InvestorPlaceOctober 12, 2022 | finance.yahoo.comCathie Wood Buys Adobe as Stock Tumbles After $20 Billion Deal - Yahoo FinanceOctober 10, 2022 | investors.comAtkore Stock Up 9 Of Last 10 Trading Sessions; Ready To Run? - Investor's Business DailySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings11/18/2022Today2/02/2023Next Earnings (Estimated)5/02/2023Fiscal 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-5.0%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$20.32 Trailing P/E Ratio6.94 Forward P/E Ratio10.36 P/E GrowthN/ANet Income$913.43 million Net Margins23.34% Pretax Margin30.75% Return on Equity83.88% Return on Assets37.85% Debt Debt-to-Equity Ratio0.61 Current Ratio2.89 Quick Ratio1.99 Sales & Book Value Annual Sales$3.91 billion Price / Sales1.44 Cash Flow$26.57 per share Price / Cash Flow5.31 Book Value$30.25 per share Price / Book4.66Miscellaneous Outstanding Shares39,870,000Free Float39,024,000Market Cap$5.63 billion OptionableOptionable Beta2.25 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:ENSSilganNYSE:SLGNSonoco ProductsNYSE:SONTimkenNYSE:TKRApplied Industrial TechnologiesNYSE:AITView All CompetitorsInsiders & InstitutionsRiver Road Asset Management LLCSold 880 shares on 2/1/2023Ownership: 2.886%William E Jr. WaltzSold 30,000 sharesTotal: $4.21 M ($140.26/share)State of New Jersey Common Pension Fund DSold 997 shares on 2/1/2023Ownership: 0.063%Meritage Portfolio ManagementBought 997 shares on 2/1/2023Ownership: 0.015%Janney Montgomery Scott LLCBought 172 shares on 2/1/2023Ownership: 0.009%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 twelve months. 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 brokers have issued 1-year target prices for Atkore's stock. 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 year. This suggests a possible upside of 9.9% 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 beginning of 2023. Since then, ATKR shares have increased by 29.5% and is now trading at $146.86. View the best growth stocks for 2023 here. Are investors shorting Atkore? Atkore saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 1,910,000 shares, an increase of 10.4% from the December 15th total of 1,730,000 shares. Based on an average trading volume of 473,400 shares, the days-to-cover ratio is currently 4.0 days. Approximately 4.9% of the shares of the stock 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, May 2nd 2023. View our ATKR earnings forecast. How were Atkore's earnings last quarter? Atkore Inc. (NYSE:ATKR) released its earnings results on Friday, November, 18th. The company reported $5.18 EPS for the quarter. The firm had revenue of $1.03 billion for the quarter. Atkore had a trailing twelve-month return on equity of 83.88% and a net margin of 23.34%. What guidance has Atkore issued on next quarter's earnings? Atkore updated its FY23 earnings guidance on Wednesday, February, 1st. The company provided earnings per share guidance of $15.85-17.75 for the period, compared to the consensus earnings per share estimate of $14.48. 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 a variety of retail and institutional investors. Top institutional investors include River Road Asset Management LLC (2.89%), Allspring Global Investments Holdings LLC (2.44%), Zurcher Kantonalbank Zurich Cantonalbank (1.33%), Wedge Capital Management L L P NC (0.30%), Comerica Bank (0.30%) and North Point Portfolio Managers Corp OH (0.26%). Insiders that own company stock include A Mark Zeffiro, Daniel S Kelly, David Paul Johnson, 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 $146.86. How much money does Atkore make? Atkore (NYSE:ATKR) has a market capitalization of $5.86 billion and generates $3.91 billion in revenue each year. The company earns $913.43 million in net income (profit) each year or $20.32 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 2/2/2023 by MarketBeat.com Staff 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. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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