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S&P 500   4,205.52
DOW   33,042.78
QQQ   349.98
The "How" and "Why" of Investing in 5G Stocks
146 Pounds of Graphite Needed for Each EV (Ad)
Palantir: The "Sleeper" Play on the AI Revolution
Keep An Eye On These 5 Small-Cap AI Companies
146 Pounds of Graphite Needed for Each EV (Ad)
AI Chip Stock Showdown: The Biggest Winners and Losers
Can Tesla's Supercharger Become the Industry Norm? Ford Says Yes
146 Pounds of Graphite Needed for Each EV (Ad)
Intuitive Surgical Gives Buying Opportunity Off Its 52 Week Highs
Elizabeth Holmes Is Jailhouse Bound. Disgraced Theranos Founder Begins Prison Sentence
S&P 500   4,205.52
DOW   33,042.78
QQQ   349.98
The "How" and "Why" of Investing in 5G Stocks
146 Pounds of Graphite Needed for Each EV (Ad)
Palantir: The "Sleeper" Play on the AI Revolution
Keep An Eye On These 5 Small-Cap AI Companies
146 Pounds of Graphite Needed for Each EV (Ad)
AI Chip Stock Showdown: The Biggest Winners and Losers
Can Tesla's Supercharger Become the Industry Norm? Ford Says Yes
146 Pounds of Graphite Needed for Each EV (Ad)
Intuitive Surgical Gives Buying Opportunity Off Its 52 Week Highs
Elizabeth Holmes Is Jailhouse Bound. Disgraced Theranos Founder Begins Prison Sentence
S&P 500   4,205.52
DOW   33,042.78
QQQ   349.98
The "How" and "Why" of Investing in 5G Stocks
146 Pounds of Graphite Needed for Each EV (Ad)
Palantir: The "Sleeper" Play on the AI Revolution
Keep An Eye On These 5 Small-Cap AI Companies
146 Pounds of Graphite Needed for Each EV (Ad)
AI Chip Stock Showdown: The Biggest Winners and Losers
Can Tesla's Supercharger Become the Industry Norm? Ford Says Yes
146 Pounds of Graphite Needed for Each EV (Ad)
Intuitive Surgical Gives Buying Opportunity Off Its 52 Week Highs
Elizabeth Holmes Is Jailhouse Bound. Disgraced Theranos Founder Begins Prison Sentence
NYSE:ATKR

Atkore (ATKR) Stock Forecast, Price & News

$121.47
+0.28 (+0.23%)
(As of 05/30/2023 ET)
Compare
Today's Range
$118.76
$123.65
50-Day Range
$118.06
$141.26
52-Week Range
$70.50
$154.86
Volume
406,863 shs
Average Volume
491,783 shs
Market Capitalization
$4.68 billion
P/E Ratio
6.25
Dividend Yield
N/A
Price Target
$161.40

Atkore MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
32.9% Upside
$161.40 Price Target
Short Interest
Bearish
10.56% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.01mentions of Atkore in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$2.21 M Sold Last Quarter
Proj. Earnings Growth
-5.92%
From $16.04 to $15.09 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.99 out of 5 stars

Industrial Products Sector

137th out of 180 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

15th out of 27 stocks


ATKR stock logo

About Atkore (NYSE:ATKR) Stock

Atkore, 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.

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ATKR Stock News Headlines

Atkore (NYSE: ATKR)
The Ignored EV Story Few Investors Know About
Lithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain.
Analysts Set Atkore Inc. (NYSE:ATKR) Target Price at $161.40
AI Getting Close to Thinking Like Humans
Technology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.
Company News for May 10, 2023
Atkore Inc. (ATKR) Tops Q2 Earnings Estimates
Atkore Inc. Announces Second Quarter 2023 Results
Atkore (ATKR) to Release Earnings on Tuesday
Atkore Inc.
Atkore (NYSE:ATKR) Shares Up 4.6%
Contrasting Expion360 (NASDAQ:XPON) & Atkore (NYSE:ATKR)
See More Headlines
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ATKR Company Calendar

Last Earnings
5/09/2023
Today
5/31/2023
Next Earnings (Estimated)
8/01/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
N/A
Previous Symbol
NASDAQ:ATKR
Employees
5,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$161.40
High Stock Price Forecast
$177.00
Low Stock Price Forecast
$143.00
Forecasted Upside/Downside
+32.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$913.43 million
Pretax Margin
28.25%

Debt

Sales & Book Value

Annual Sales
$3.91 billion
Cash Flow
$24.59 per share
Book Value
$30.25 per share

Miscellaneous

Free Float
37,746,000
Market Cap
$4.68 billion
Optionable
Optionable
Beta
2.18

Key Executives

  • William E. WaltzWilliam E. Waltz
    President, Chief Executive Officer & Director
  • David P. JohnsonDavid P. Johnson
    VP, Chief Financial & Accounting Officer
  • Lee A. Paree
    Vice President-Information Technology
  • Daniel S. KellyDaniel S. Kelly
    Secretary, Vice President & General Counsel
  • Melissa D. Kidd
    Senior Vice President-Sales & Vice President













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 equities research analysts have issued 12 month target prices for Atkore's shares. Their ATKR share price forecasts range from $143.00 to $177.00. On average, they predict the company's share price to reach $161.40 in the next twelve months. This suggests a possible upside of 32.9% 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 7.1% and is now trading at $121.47.
View the best growth stocks for 2023 here
.

Are investors shorting Atkore?

Atkore saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,830,000 shares, an increase of 17.1% from the April 15th total of 3,270,000 shares. Based on an average trading volume of 454,000 shares, the days-to-cover ratio is currently 8.4 days. Approximately 9.8% of the company's shares 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 Tuesday, August 1st 2023.
View our ATKR earnings forecast
.

How were Atkore's earnings last quarter?

Atkore Inc. (NYSE:ATKR) released its quarterly earnings results on Tuesday, May, 9th. The company reported $4.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.71 by $0.60. The company earned $895.93 million during the quarter, compared to analyst estimates of $910.20 million. Atkore had a trailing twelve-month return on equity of 66.55% and a net margin of 21.54%.

What guidance has Atkore issued on next quarter's earnings?

Atkore updated its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share guidance of $17.45-$18.35 for the period, compared to the consensus estimate of $16.99. The company issued revenue guidance of -.

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 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 acted 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (7.80%), FMR LLC (5.11%), Macquarie Group Ltd. (3.02%), River Road Asset Management LLC (2.86%), Dimensional Fund Advisors LP (2.64%) and LSV Asset Management (2.45%). 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, 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 $121.47.

How much money does Atkore make?

Atkore (NYSE:ATKR) has a market capitalization of $4.68 billion and generates $3.91 billion in revenue each year. The company earns $913.43 million in net income (profit) each year or $19.43 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 5/31/2023 by MarketBeat.com Staff

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