Atkore (NYSE:ATKR) Releases FY 2025 Earnings Guidance

Atkore (NYSE:ATKR) updated its FY 2025 earnings guidance on Tuesday. 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 Atkore stock traded down $15.38 during trading on Tuesday, reaching $64.34. The company had a trading volume of 2,163,956 shares, compared to its average volume of 539,319. The company has a market cap of $2.23 billion, a price-to-earnings ratio of 5.09 and a beta of 2.12. The firm’s fifty day moving average is $86.07 and its 200-day moving average is $92.50. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.96 and a current ratio of 2.98. Atkore has a fifty-two week low of $63.25 and a fifty-two week high of $194.98.

Atkore (NYSE:ATKR) last released its quarterly earnings data on Tuesday, February 4th. The company reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.45. Atkore had a return on equity of 32.14% and a net margin of 14.77%. On average, analysts anticipate that Atkore will post 6.62 EPS for the current year.

Atkore Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be given a $0.32 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $1.28 dividend on an annualized basis and a yield of 1.99%. Atkore’s dividend payout ratio (DPR) is 10.13%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Roth Mkm assumed coverage on shares of Atkore in a report on Tuesday, December 17th. They issued a “buy” rating and a $100.00 price target for the company. Roth Capital upgraded shares of Atkore to a “strong-buy” rating in a research report on Monday, December 16th. Royal Bank of Canada reissued a “sector perform” rating and set a $102.00 target price (up previously from $93.00) on shares of Atkore in a research note on Wednesday, December 4th. Loop Capital lowered their target price on Atkore from $130.00 to $115.00 and set a “buy” rating on the stock in a research note on Friday, November 22nd. Finally, B. Riley downgraded Atkore from a “buy” rating to a “neutral” rating and cut their price target for the stock from $135.00 to $84.00 in a research note on Friday, November 22nd. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $115.67.

Insider Transactions at Atkore

In related news, Director Jeri L. Isbell sold 3,353 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $94.03, for a total value of $315,282.59. Following the transaction, the director now owns 25,585 shares in the company, valued at $2,405,757.55. This trade represents a 11.59 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Daniel S. Kelly sold 13,071 shares of Atkore stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $95.74, for a total transaction of $1,251,417.54. Following the sale, the vice president now owns 27,528 shares of the company’s stock, valued at approximately $2,635,530.72. This represents a 32.20 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 16,924 shares of company stock worth $1,614,975. 1.99% of the stock is currently owned by company insiders.

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.