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NYSE:ATKR

Atkore (ATKR) Stock Price, News & Analysis

$139.21
+3.93 (+2.91%)
(As of 07/26/2024 ET)
Today's Range
$136.24
$140.11
50-Day Range
$129.88
$156.85
52-Week Range
$121.00
$194.98
Volume
523,713 shs
Average Volume
515,047 shs
Market Capitalization
$5.07 billion
P/E Ratio
8.68
Dividend Yield
0.92%
Price Target
$184.00

Atkore MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
32.2% Upside
$184.00 Price Target
Short Interest
Bearish
15.98% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.15mentions of Atkore in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$170,620 Sold Last Quarter
Proj. Earnings Growth
8.57%
From $14.93 to $16.21 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.41 out of 5 stars

Industrial Products Sector

87th out of 172 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

8th out of 28 stocks

ATKR stock logo

About Atkore Stock (NYSE:ATKR)

Atkore Inc. engages in the manufacture and sale of electrical, mechanical, safety, and infrastructure products and solutions in the United States and internationally. The company offers conduits, cables, and installation accessories. It also designs and manufactures protection and reliability solutions for critical infrastructure, such as metal framing, mechanical pipe, perimeter security, and cable management. The company offers its products under the Allied Tube & Conduit, AFC Cable Systems, Kaf-Tech, Heritage Plastics, Unistrut, Power-Strut, Cope, US Tray, FRE Composites, United Poly Systems, Calbond, and Calpipe. It serves various end markets, including new construction; maintenance, repair, and remodel; infrastructure; diversified industrials; alternative power generation; healthcare; data centers; and governments through electrical, industrial, and mechanical contractors, as well as original equipment manufacturers. The company was formerly known as Atkore International Group Inc. and changed its name to Atkore Inc. in February 2021. Atkore Inc. was founded in 1959 and is headquartered in Harvey, Illinois.

ATKR Stock Price History

ATKR Stock News Headlines

Atkore (NYSE:ATKR) Shares Gap Down to $145.00
Atkore Announces CFO and CAO Transition
NEW AI developed by trader who won 1,129% (in 2 days)
Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...
ATKR Jul 2024 190.000 put
Atkore Inc. (NYSE:ATKR) Short Interest Update
Atkore: Getting Electrified Here
Atkore: The Party Is Over With The Declining Prices
NEW AI developed by trader who won 1,129% (in 2 days)
Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...
See More Headlines
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Company Calendar

Last Earnings
5/06/2024
Ex-Dividend for 5/31 Dividend
5/20/2024
Dividend Payable
5/31/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/06/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
N/A
Previous Symbol
NASDAQ:ATKR
Employees
5,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$184.00
High Stock Price Target
$188.00
Low Stock Price Target
$175.00
Potential Upside/Downside
+32.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$689.90 million
Pretax Margin
21.83%

Debt

Sales & Book Value

Annual Sales
$3.52 billion
Cash Flow
$23.01 per share
Book Value
$38.85 per share

Miscellaneous

Free Float
35,497,000
Market Cap
$5.07 billion
Optionable
Optionable
Beta
2.15
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ATKR Stock Analysis - Frequently Asked Questions

How have ATKR shares performed this year?

Atkore's stock was trading at $160.00 at the beginning of 2024. Since then, ATKR stock has decreased by 13.0% and is now trading at $139.21.
View the best growth stocks for 2024 here
.

How were Atkore's earnings last quarter?

Atkore Inc. (NYSE:ATKR) released its earnings results on Monday, May, 6th. The company reported $4.08 earnings per share for the quarter, beating the consensus estimate of $3.22 by $0.86. The company's revenue was down 11.5% compared to the same quarter last year.

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.

When did Atkore IPO?

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

Who are Atkore's major shareholders?

Top institutional investors of Atkore include Allspring Global Investments Holdings LLC (2.67%), Swedbank AB (0.69%), Bank of New York Mellon Corp (0.48%) and Boston Trust Walden Corp (0.47%). Insiders that own company stock include William E Jr Waltz, Daniel S Kelly, David Paul Johnson, John W Pregenzer, Mark F Lamps, Scott H Muse, Leangela W Lowe, Justin A Kershaw, Wilbert W James Jr 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Atkore own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Atkore investors own include Advanced Micro Devices (AMD), Alibaba Group (BABA), NVIDIA (NVDA), Intel (INTC), Altria Group (MO), Pfizer (PFE) and Block (SQ).

This page (NYSE:ATKR) was last updated on 7/27/2024 by MarketBeat.com Staff

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