Atkore (NYSE:ATKR) Releases Q1 2025 Earnings Guidance

Atkore (NYSE:ATKR) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 1.450-1.650 for the period, compared to the consensus earnings per share estimate of 2.720. The company issued revenue guidance of -. Atkore also updated its FY 2025 guidance to 7.800-8.900 EPS.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. B. Riley downgraded shares of Atkore from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $135.00 to $84.00 in a report on Friday. Loop Capital cut their price target on shares of Atkore from $130.00 to $115.00 and set a “buy” rating on the stock in a report on Friday. Royal Bank of Canada decreased their price objective on shares of Atkore from $99.00 to $93.00 and set a “sector perform” rating for the company in a research note on Friday. Finally, KeyCorp dropped their target price on shares of Atkore from $125.00 to $105.00 and set an “overweight” rating on the stock in a research report on Friday, September 13th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, Atkore presently has an average rating of “Hold” and a consensus price target of $117.00.

Atkore Price Performance

ATKR opened at $89.69 on Friday. Atkore has a fifty-two week low of $76.01 and a fifty-two week high of $194.98. The firm has a 50-day moving average of $87.80 and a 200 day moving average of $113.33. The company has a debt-to-equity ratio of 0.49, a quick ratio of 2.03 and a current ratio of 3.26. The firm has a market cap of $3.22 billion, a P/E ratio of 7.08 and a beta of 2.13.

Atkore Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, December 6th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, December 6th. This represents a $1.28 annualized dividend and a dividend yield of 1.43%. Atkore’s payout ratio is currently 10.13%.

Insider Buying and Selling

In related news, insider Mark F. Lamps sold 500 shares of Atkore stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $96.55, for a total value of $48,275.00. Following the completion of the sale, the insider now owns 27,626 shares of the company’s stock, valued at approximately $2,667,290.30. This trade represents a 1.78 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.56% of the stock is currently owned by insiders.

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.