NYSE:ATKRAtkore International Group Stock Price, Forecast & News

Atkore International Group's stock was trading at $34.97 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ATKR stock has decreased by 26.3% and is now trading at $25.76. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atkore International Group in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Atkore International Group.

Atkore International Group is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Atkore International Group.

Atkore International Group Inc (NYSE:ATKR) released its quarterly earnings results on Tuesday, May, 5th. The company reported $0.99 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.85 by $0.14. The company had revenue of $455.60 million for the quarter, compared to the consensus estimate of $459.39 million. Atkore International Group had a net margin of 8.25% and a return on equity of 62.42%. The firm's revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.83 EPS. View Atkore International Group's earnings history.

Atkore International Group issued an update on its FY 2020 Pre-Market earnings guidance on Tuesday, May, 5th. The company provided earnings per share guidance of 3.08-3.26 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.30. The company issued revenue guidance of $1.629-1.725 billion, compared to the consensus revenue estimate of $1.8 billion.

3 analysts have issued 12-month price objectives for Atkore International Group's stock. Their forecasts range from $23.00 to $27.00. On average, they expect Atkore International Group's share price to reach $25.33 in the next year. This suggests that the stock has a possible downside of 1.7%. View analysts' price targets for Atkore International Group.

Media stories about ATKR stock have trended very negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Atkore International Group earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Atkore International Group.

Some companies that are related to Atkore International Group include CAE (CAE), Novanta (NOVT), Energizer (ENR), Integer (ITGR), Spectrum Brands (SPB), FuelCell Energy (FCEL), Security Devices International (SDEV), Ultralife (ULBI), Polar Power (POLA), Flux Power (FLUX), CBAK Energy Technology (CBAT), Sono-Tek (SOTK), Evans & Sutherland Computer (ESCC), Manhattan Scientifics (MHTX) and Environmental Tectonics (ETCC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Atkore International Group investors own include Advanced Micro Devices (AMD), Alibaba Group (BABA), NVIDIA (NVDA), General Electric (GE), Intel (INTC), Altria Group (MO), AT&T (T), Verizon Communications (VZ), AbbVie (ABBV) and JD.Com (JD).

(ATKR) raised $252 million in an initial public offering 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.

Atkore International Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATKR."

Shares of ATKR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ATKR stock can currently be purchased for approximately $25.76.

Atkore International Group has a market capitalization of $1.22 billion and generates $1.92 billion in revenue each year. Atkore International Group employs 3,900 workers across the globe.

The official website for Atkore International Group is www.atkore.com.

Atkore International Group's mailing address is 16100 SOUTH LATHROP AVENUE, HARVEY IL, 60426. The company can be reached via phone at 708-339-1610 or via email at [email protected]