Atkore Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Atkore in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Atkore stock.
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Atkore saw a drop in short interest in April. As of April 15th, there was short interest totaling 687,300 shares, a drop of 15.4% from the March 31st total of 812,800 shares. Based on an average daily volume of 567,400 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.5% of the company's stock are sold short.
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Atkore is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Atkore.

Atkore Inc. (NYSE:ATKR) released its earnings results on Wednesday, April, 28th. The company reported $2.79 EPS for the quarter, topping analysts' consensus estimates of $1.83 by $0.96. The business had revenue of $639.50 million for the quarter, compared to analyst estimates of $556.80 million. Atkore had a trailing twelve-month return on equity of 47.96% and a net margin of 8.63%. Atkore's quarterly revenue was up 40.4% compared to the same quarter last year. During the same period last year, the firm earned $0.99 earnings per share.
View Atkore's earnings history.

Atkore's stock was trading at $34.97 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ATKR shares have increased by 133.2% and is now trading at $81.56.
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Atkore updated its FY 2021 earnings guidance on Thursday, May, 6th. The company provided earnings per share guidance of 10.000-10.700 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.860. The company issued revenue guidance of $2.47 billion-$2.65 billion, compared to the consensus revenue estimate of $2.09 billion.

3 brokerages have issued 1-year price objectives for Atkore's stock. Their forecasts range from $61.00 to $90.00. On average, they anticipate Atkore's share price to reach $72.67 in the next year. This suggests that the stock has a possible downside of 10.9%.
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27 employees have rated Atkore CEO William E Waltz on Glassdoor.com. William E Waltz has an approval rating of 94% among Atkore's employees. This puts William E Waltz in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Atkore include CAE (CAE), Novanta (NOVT), Spectrum Brands (SPB), Energizer (ENR), Integer (ITGR), Security Devices International (SDEV), FuelCell Energy (FCEL), Romeo Power (RMO), Eos Energy Enterprises (EOSE), Byrna Technologies (BYRN), CBAK Energy Technology (CBAT), Ultralife (ULBI), Flux Power (FLUX), Polar Power (POLA) and Evercel (EVRC).
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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), Square (SQ), AT&T (T), AbbVie (ABBV) and Applied Materials (AMAT).

(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 served as the underwriters for the IPO and Citigroup, RBC Capital Markets and Wells Fargo Securities were co-managers.

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

Atkore's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.07%), LSV Asset Management (4.47%), Dimensional Fund Advisors LP (2.73%), Standard Life Aberdeen plc (2.19%), River Road Asset Management LLC (2.11%) and Geode Capital Management LLC (1.80%). Company insiders that own Atkore stock include A Mark Zeffiro, Daniel S Kelly, Mark F Lamps, Peter J Lariviere and William E Jr Waltz.
View institutional ownership trends for Atkore.

ATKR stock was sold by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, Victory Capital Management Inc., Prudential Financial Inc., Dalton Greiner Hartman Maher & Co., Peregrine Capital Management LLC, Van Den Berg Management I Inc., LSV Asset Management, and Ziegler Capital Management LLC. Company insiders that have sold Atkore company stock in the last year include A Mark Zeffiro, Daniel S Kelly, Mark F Lamps, Peter J Lariviere, and William E Jr Waltz.
View insider buying and selling activity for Atkore or view top insider-selling stocks.

ATKR stock was acquired by a variety of institutional investors in the last quarter, including Rothschild & Co. Asset Management US Inc., Standard Life Aberdeen plc, GW&K Investment Management LLC, Renaissance Technologies LLC, Penserra Capital Management LLC, Federated Hermes Inc., RE Advisers Corp, and Sei Investments Co..
View insider buying and selling activity for Atkore or or view top insider-buying stocks.

Shares of ATKR 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.
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One share of ATKR stock can currently be purchased for approximately $81.56.

Atkore has a market capitalization of $3.83 billion and generates $1.77 billion in revenue each year.

Atkore employs 3,256 workers across the globe.

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

Atkore is headquartered at 16100 SOUTH LATHROP AVENUE, HARVEY IL, 60426.

Atkore'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]