NYSE:ATKR - Atkore International Group Stock Price, News & Analysis

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

Atkore International Group Inc (NYSE:ATKR) announced its quarterly earnings results on Wednesday, August, 7th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.23. The company had revenue of $493.49 million for the quarter, compared to the consensus estimate of $528.63 million. Atkore International Group had a net margin of 6.65% and a return on equity of 82.84%. The company's revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.86 earnings per share. View Atkore International Group's Earnings History.

Atkore International Group is scheduled to release their next quarterly earnings announcement on Wednesday, November 27th 2019. View Earnings Estimates for Atkore International Group.

Atkore International Group updated its FY19 earnings guidance on Wednesday, August, 7th. The company provided earnings per share (EPS) guidance of $3.55 to $3.63 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.34.

3 brokerages have issued 12 month price targets for Atkore International Group's shares. Their predictions range from $25.00 to $29.00. On average, they anticipate Atkore International Group's stock price to reach $26.6667 in the next twelve months. This suggests that the stock has a possible downside of 4.6%. View Analyst Price Targets for Atkore International Group.

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.

News articles about ATKR stock have trended positive on Monday, according to InfoTrie. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog 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 daily sentiment score of 2.5 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the next few days. View News Stories for Atkore International Group.

Atkore International Group saw a drop in short interest during the month of July. As of July 31st, there was short interest totalling 654,400 shares, a drop of 20.2% from the June 30th total of 820,000 shares. Based on an average daily volume of 307,900 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.5% of the shares of the company are sold short. View Atkore International Group's Current Options Chain.

Some companies that are related to Atkore International Group include Novanta (NOVT), Energizer (ENR), Spectrum Brands (SPB), Integer (ITGR), Electro Scientific Industries (ESIO), Ultralife (ULBI), Highpower International (HPJ), Arotech (ARTX), Flux Power (FLUX), Sono-Tek (SOTK), CBAK Energy Technology (CBAT), Polar Power (POLA), CBAK Energy Technology (CBAK), Security Devices International (SDEV) and FuelCell Energy (FCEL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Atkore International Group investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Alibaba Group (BABA), JD.Com (JD), Delta Air Lines (DAL), General Electric (GE), Square (SQ), Navient (NAVI), Alphabet (GOOG) and Intel (INTC).

(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's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.64%), BlackRock Inc. (7.78%), Wells Fargo & Company MN (5.59%), Nuveen Asset Management LLC (3.30%), Prudential Financial Inc. (2.62%) and Investment Counselors of Maryland LLC (2.36%). Company insiders that own Atkore International Group stock include Allied Holdings LP Cd&R, James A Mallak, John Patrick Williamson, Kevin P Fitzpatrick, 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 Price T Rowe Associates Inc. MD, Man Group plc, Citadel Advisors LLC, Dalton Greiner Hartman Maher & Co., Wells Fargo & Company MN, Renaissance Technologies LLC, First Trust Advisors LP and AQR Capital Management LLC. Company insiders that have sold Atkore International Group company stock in the last year include John Patrick Williamson, Michael J Schulte and Peter J Lariviere. View Insider Buying and Selling for Atkore International Group.

ATKR stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, LSV Asset Management, Invesco Ltd., BlackRock Inc., JPMorgan Chase & Co., Vanguard Group Inc., Penn Capital Management Co. Inc. and Allianz Asset Management GmbH. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of ATKR stock can currently be purchased for approximately $27.96.

Atkore International Group has a market capitalization of $1.31 billion and generates $1.84 billion in revenue each year. The company earns $136.64 million in net income (profit) each year or $2.48 on an earnings per share basis. Atkore International Group employs 3,500 workers across the globe.View Additional Information About Atkore International Group.

The official website for Atkore International Group is http://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]