Atkore (NYSE:ATKR) Issues Q1 2025 Earnings Guidance

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

Atkore Stock Performance

NYSE:ATKR opened at $89.47 on Friday. The company’s 50-day moving average price is $87.74 and its 200-day moving average price is $113.93. The company has a current ratio of 3.26, a quick ratio of 2.03 and a debt-to-equity ratio of 0.49. The company has a market cap of $3.21 billion, a P/E ratio of 7.08 and a beta of 2.13. Atkore has a twelve month low of $76.01 and a twelve month high of $194.98.

Atkore Dividend Announcement

The firm 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 $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.43%. The ex-dividend date is Friday, December 6th. Atkore’s dividend payout ratio is currently 10.13%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on ATKR shares. KeyCorp decreased their price target on shares of Atkore from $125.00 to $105.00 and set an “overweight” rating on the stock in a research note on Friday, September 13th. B. Riley downgraded shares of Atkore from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $135.00 to $84.00 in a research note on Friday. 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. Finally, Royal Bank of Canada reduced their target price on shares of Atkore from $99.00 to $93.00 and set a “sector perform” rating on the stock in a research note on Friday. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, Atkore presently has an average rating of “Hold” and an average price target of $117.00.

Insider Activity at Atkore

In other Atkore news, insider Mark F. Lamps sold 500 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $96.55, for a total transaction of $48,275.00. Following the completion of the transaction, the insider now owns 27,626 shares in the company, valued at $2,667,290.30. The trade was a 1.78 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 2.56% of the company’s stock.

About Atkore

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.