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

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

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

2 brokerages have issued 1-year price objectives for Atkore International Group's stock. Their forecasts range from $25.00 to $26.00. On average, they anticipate Atkore International Group's share price to reach $25.50 in the next year. This suggests that the stock has a possible downside of 19.1%. View Analyst Price Targets for Atkore International Group.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atkore International Group in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Atkore International Group.

Media headlines about ATKR stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Atkore International Group earned a news sentiment score of -1.1 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 effect on the company's share price in the next few days. View News Stories for Atkore International Group.

Atkore International Group saw a decrease in short interest in the month of September. As of September 30th, there was short interest totalling 593,300 shares, a decrease of 27.5% from the August 30th total of 818,000 shares. Based on an average trading volume of 302,600 shares, the short-interest ratio is presently 2.0 days. Currently, 1.3% of the company's stock are short sold. View Atkore International Group's Current Options Chain.

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

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), Oracle (ORCL), Intel (INTC), Micron Technology (MU) and Navient (NAVI).

(ATKR) raised $252 million in an initial public offering (IPO) 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 a variety of of retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.98%), Bowling Portfolio Management LLC (0.12%) and Denali Advisors LLC (0.08%). 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 Dalton Greiner Hartman Maher & Co. and Bowling Portfolio Management LLC. Company insiders that have sold Atkore International Group company stock in the last year include 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 Denali Advisors LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of ATKR stock can currently be purchased for approximately $31.53.

Atkore International Group has a market capitalization of $1.48 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]