Atkore (NYSE:ATKR) Issues FY 2025 Earnings Guidance

Atkore (NYSE:ATKR) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.750-6.850 for the period, compared to the consensus estimate of 8.380. The company issued revenue guidance of $2.9 billion-$3.0 billion, compared to the consensus revenue estimate of $3.0 billion. Atkore also updated its Q2 2025 guidance to 1.300-1.500 EPS.

Atkore Stock Down 19.3 %

Shares of ATKR traded down $15.38 on Tuesday, reaching $64.34. The stock had a trading volume of 2,163,956 shares, compared to its average volume of 539,319. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.96 and a current ratio of 2.98. The firm has a market capitalization of $2.23 billion, a price-to-earnings ratio of 5.09 and a beta of 2.12. The company has a 50-day simple moving average of $86.07 and a 200-day simple moving average of $92.50. Atkore has a 12-month low of $63.25 and a 12-month high of $194.98.

Atkore (NYSE:ATKR) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $1.50 EPS for the quarter, beating the consensus estimate of $1.05 by $0.45. Atkore had a net margin of 14.77% and a return on equity of 32.14%. Sell-side analysts predict that Atkore will post 6.62 EPS for the current year.

Atkore Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.99%. The ex-dividend date of this dividend is Tuesday, February 18th. Atkore’s dividend payout ratio is presently 10.13%.

Analyst Ratings Changes

ATKR has been the topic of several recent research reports. Loop Capital decreased their target price on shares of Atkore from $130.00 to $115.00 and set a “buy” rating on the stock in a research report on Friday, November 22nd. Roth Capital upgraded shares of Atkore to a “strong-buy” rating in a report on Monday, December 16th. Royal Bank of Canada restated a “sector perform” rating and set a $102.00 target price (up previously from $93.00) on shares of Atkore in a research report on Wednesday, December 4th. B. Riley downgraded Atkore from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $135.00 to $84.00 in a report on Friday, November 22nd. Finally, Roth Mkm initiated coverage on Atkore in a research note on Tuesday, December 17th. They set a “buy” rating and a $100.00 price target on the stock. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $115.67.

Insiders Place Their Bets

In other news, insider Mark F. Lamps sold 500 shares of the company’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $96.55, for a total value of $48,275.00. Following the completion of the transaction, the insider now owns 27,626 shares in the company, valued at approximately $2,667,290.30. This represents a 1.78 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Jeri L. Isbell sold 3,353 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $94.03, for a total value of $315,282.59. Following the sale, the director now directly owns 25,585 shares of the company’s stock, valued at $2,405,757.55. The trade was a 11.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,924 shares of company stock worth $1,614,975 over the last ninety days. Corporate insiders own 1.99% of the company’s stock.

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.