NYSE:ATKRAtkore International Group Stock Price, Forecast & News

Atkore International Group's stock was trading at $34.97 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ATKR stock has decreased by 26.6% and is now trading at $25.67. 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) posted its quarterly earnings results on Tuesday, May, 5th. The company reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.14. The firm had revenue of $455.60 million for the quarter, compared to analysts' expectations of $459.39 million. Atkore International Group had a return on equity of 62.42% and a net margin of 8.25%. The business's revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period last year, the company earned $0.83 earnings per share. View Atkore International Group's earnings history.

Atkore International Group updated its FY 2020 Pre-Market earnings guidance on Tuesday, May, 5th. The company provided earnings per share (EPS) 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 brokerages have issued twelve-month price targets for Atkore International Group's stock. Their forecasts range from $23.00 to $27.00. On average, they anticipate Atkore International Group's stock price to reach $25.33 in the next twelve months. This suggests that the stock has a possible downside of 1.3%. View analysts' price targets for Atkore International Group.

Headlines about ATKR stock have been trending very negative on Monday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Atkore International Group earned a news sentiment score of -3.2 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. 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), CBAK Energy Technology (CBAT), Flux Power (FLUX), Sono-Tek (SOTK), Polar Power (POLA), 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 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 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."

Atkore International Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.74%), Envestnet Asset Management Inc. (0.06%) and Wedge Capital Management L L P NC (0.02%). Company insiders that own Atkore International Group stock include Daniel S Kelly, John Patrick Williamson, Kevin P Fitzpatrick, Mark F Lamps, Michael J Schulte, Peter J Lariviere and William E Jr Waltz. View institutional ownership trends for Atkore International Group.

ATKR stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., and Envestnet Asset Management Inc.. Company insiders that have sold Atkore International Group company stock in the last year include Daniel S Kelly, Mark F Lamps, Peter J Lariviere, and William E Jr Waltz. View insider buying and selling activity for Atkore International Group.

ATKR stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC. View insider buying and selling activity for Atkore International Group.

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 $25.67.

Atkore International Group has a market capitalization of $1.21 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]