Atkore Inc. (NYSE:ATKR – Free Report) – Equities researchers at Roth Capital issued their Q1 2025 earnings per share (EPS) estimates for Atkore in a research note issued on Monday, December 16th. Roth Capital analyst J. Clare anticipates that the company will post earnings of $1.05 per share for the quarter. Roth Capital has a “Strong-Buy” rating on the stock. The consensus estimate for Atkore’s current full-year earnings is $6.69 per share. Roth Capital also issued estimates for Atkore’s Q2 2025 earnings at $1.59 EPS, Q3 2025 earnings at $2.05 EPS, Q4 2025 earnings at $1.85 EPS, FY2025 earnings at $6.55 EPS, FY2026 earnings at $6.98 EPS and FY2027 earnings at $7.90 EPS.
Several other research firms have also recently weighed in on ATKR. Royal Bank of Canada restated a “sector perform” rating and issued a $102.00 price objective (up previously from $93.00) on shares of Atkore in a research report on Wednesday, December 4th. KeyCorp cut their price target on Atkore from $125.00 to $105.00 and set an “overweight” rating on the stock in a research note on Friday, September 13th. Roth Mkm initiated coverage on Atkore in a report on Tuesday. They issued a “buy” rating and a $100.00 price target on the stock. B. Riley cut Atkore from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $135.00 to $84.00 in a report on Friday, November 22nd. Finally, Loop Capital reduced their target price on shares of Atkore from $130.00 to $115.00 and set a “buy” rating on the stock in a research note on Friday, November 22nd. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $115.67.
Atkore Price Performance
Shares of ATKR stock opened at $82.72 on Thursday. Atkore has a 1 year low of $76.01 and a 1 year high of $194.98. The company has a current ratio of 2.98, a quick ratio of 1.96 and a debt-to-equity ratio of 0.50. The firm’s 50 day moving average is $89.48 and its 200-day moving average is $104.76. The firm has a market capitalization of $2.89 billion, a price-to-earnings ratio of 6.55 and a beta of 2.10.
Atkore (NYSE:ATKR – Get Free Report) last issued its quarterly earnings results on Thursday, November 21st. The company reported $2.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.08 by ($0.06). The company had revenue of $788.30 million for the quarter, compared to analyst estimates of $749.49 million. Atkore had a return on equity of 32.14% and a net margin of 14.77%. The firm’s quarterly revenue was down 9.4% on a year-over-year basis. During the same quarter last year, the company earned $3.63 EPS.
Hedge Funds Weigh In On Atkore
A number of large investors have recently added to or reduced their stakes in ATKR. Assenagon Asset Management S.A. acquired a new position in shares of Atkore during the second quarter worth about $1,822,000. SummerHaven Investment Management LLC grew its stake in shares of Atkore by 2.0% during the 2nd quarter. SummerHaven Investment Management LLC now owns 4,944 shares of the company’s stock worth $667,000 after acquiring an additional 99 shares in the last quarter. Argent Capital Management LLC grew its stake in shares of Atkore by 50.9% during the 2nd quarter. Argent Capital Management LLC now owns 2,088 shares of the company’s stock worth $282,000 after acquiring an additional 704 shares in the last quarter. North Growth Management Ltd. raised its holdings in shares of Atkore by 2.6% in the second quarter. North Growth Management Ltd. now owns 39,000 shares of the company’s stock valued at $5,198,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Ceredex Value Advisors LLC lifted its position in shares of Atkore by 44.3% in the second quarter. Ceredex Value Advisors LLC now owns 66,900 shares of the company’s stock worth $9,027,000 after purchasing an additional 20,550 shares in the last quarter.
Insider Activity
In other news, Director Jeri L. Isbell sold 3,353 shares of Atkore stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $94.03, for a total transaction of $315,282.59. Following the transaction, the director now owns 25,585 shares in the company, valued at $2,405,757.55. The trade was a 11.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Daniel S. Kelly sold 13,071 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $95.74, for a total value of $1,251,417.54. Following the completion of the transaction, the vice president now owns 27,528 shares of the company’s stock, valued at $2,635,530.72. This represents a 32.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 16,924 shares of company stock valued at $1,614,975 in the last ninety days. 2.56% of the stock is owned by insiders.
Atkore Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, December 6th were given a dividend of $0.32 per share. The ex-dividend date was Friday, December 6th. This represents a $1.28 annualized dividend and a dividend yield of 1.55%. Atkore’s payout ratio is currently 10.13%.
Atkore Company Profile
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.
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