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.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. B. Riley cut shares of Atkore from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $135.00 to $84.00 in a research note on Friday. Loop Capital lowered their price objective on shares of Atkore from $130.00 to $115.00 and set a “buy” rating on the stock in a research note on Friday. Royal Bank of Canada lowered their price objective 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. Finally, KeyCorp lowered their price objective 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. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $117.00.

Atkore Price Performance

NYSE:ATKR opened at $89.47 on Friday. The firm has a market cap of $3.21 billion, a price-to-earnings ratio of 7.08 and a beta of 2.13. 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’s 50-day moving average is $87.74 and its two-hundred day moving average is $113.93. Atkore has a 12-month low of $76.01 and a 12-month high of $194.98.

Atkore Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, December 6th will be issued 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 Transactions at Atkore

In related news, insider Mark F. Lamps sold 500 shares of the firm’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 value of $48,275.00. Following the transaction, the insider now owns 27,626 shares in the company, valued at approximately $2,667,290.30. This trade represents a 1.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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.