Atkore (NYSE:ATKR) Updates FY 2025 Earnings Guidance

Atkore (NYSE:ATKR) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 5.750-6.850 for the period, compared to the consensus earnings per share 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 Performance

Atkore stock traded up $1.71 during midday trading on Wednesday, reaching $65.84. 933,564 shares of the stock traded hands, compared to its average volume of 670,146. The company has a current ratio of 2.98, a quick ratio of 1.96 and a debt-to-equity ratio of 0.50. Atkore has a fifty-two week low of $62.62 and a fifty-two week high of $194.98. The firm has a fifty day moving average price of $85.16 and a two-hundred day moving average price of $91.50. The firm has a market cap of $2.29 billion, a price-to-earnings ratio of 5.20 and a beta of 2.12.

Atkore (NYSE:ATKR) last released its quarterly earnings results on Tuesday, February 4th. The company reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.45. The company had revenue of $661.60 million for the quarter, compared to the consensus estimate of $680.77 million. Atkore had a net margin of 14.77% and a return on equity of 32.14%. Atkore’s revenue was down 17.1% on a year-over-year basis. During the same period in the previous year, the firm earned $4.12 EPS. On average, equities research analysts forecast that Atkore will post 6.62 earnings per share for the current year.

Atkore Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $1.28 annualized dividend and a dividend yield of 1.94%. Atkore’s dividend payout ratio (DPR) is 10.13%.

Analysts Set New Price Targets

Several research firms have issued reports on ATKR. Loop Capital decreased their price target 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 Mkm began coverage on Atkore in a report on Tuesday, December 17th. They set a “buy” rating and a $100.00 price objective on the stock. B. Riley downgraded shares of Atkore from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $135.00 to $84.00 in a research report on Friday, November 22nd. Roth Capital raised shares of Atkore to a “strong-buy” rating in a research note on Monday, December 16th. Finally, KeyCorp dropped their price target on Atkore from $105.00 to $80.00 and set an “overweight” rating on the stock in a research report on Wednesday. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $111.50.

Insider Buying and Selling at Atkore

In related news, 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 transaction of $315,282.59. Following the completion of the sale, the director now owns 25,585 shares in the company, valued at $2,405,757.55. This represents a 11.59 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Mark F. Lamps sold 500 shares of Atkore stock in a transaction that occurred on 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 transaction, the insider now directly owns 27,626 shares in the company, valued at approximately $2,667,290.30. This represents a 1.78 % 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 90 days. 1.99% of the stock is currently owned by corporate 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.