Atkore (NYSE:ATKR) Releases Q1 2025 Earnings Guidance

Atkore (NYSE:ATKR) issued an update on its first quarter 2025 earnings guidance on Thursday morning. 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

Shares of ATKR opened at $89.69 on Friday. Atkore has a 52-week low of $76.01 and a 52-week high of $194.98. The stock’s 50-day simple moving average is $87.80 and its 200 day simple moving average is $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 stock has a market capitalization of $3.22 billion, a price-to-earnings ratio of 7.08 and a beta of 2.13.

Atkore Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ATKR. B. Riley lowered shares of Atkore from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $135.00 to $84.00 in a report on Friday. Royal Bank of Canada decreased their price target on shares of Atkore from $99.00 to $93.00 and set a “sector perform” rating on the stock in a report on Friday. Loop Capital dropped their price objective on Atkore from $130.00 to $115.00 and set a “buy” rating for the company in a research note on Friday. Finally, KeyCorp decreased their target price on 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 company. According to data from MarketBeat, Atkore presently has an average rating of “Hold” and a consensus target price of $117.00.

Insider Transactions at Atkore

In related news, insider Mark F. Lamps sold 500 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $96.55, for a total transaction of $48,275.00. Following the transaction, the insider now directly 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 filing with the SEC, which is accessible through this link. 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.