Atkore (NYSE:ATKR – Get Free Report) updated its second quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.300-1.500 for the period, compared to the consensus earnings per share estimate of 2.080. The company issued revenue guidance of $685.0 million-$715.0 million, compared to the consensus revenue estimate of $735.2 million. Atkore also updated its FY 2025 guidance to 5.750-6.850 EPS.
Atkore Trading Down 19.3 %
Shares of NYSE:ATKR traded down $15.38 during mid-day trading on Tuesday, reaching $64.34. 2,163,956 shares of the company were exchanged, compared to its average volume of 539,319. The firm has a market cap of $2.23 billion, a price-to-earnings ratio of 5.09 and a beta of 2.12. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.98 and a quick ratio of 1.96. Atkore has a 1 year low of $63.25 and a 1 year high of $194.98. The firm’s 50-day simple moving average is $86.07 and its 200 day simple moving average is $92.50.
Atkore (NYSE:ATKR – Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.45. Atkore had a net margin of 14.77% and a return on equity of 32.14%. Equities research analysts forecast that Atkore will post 6.62 EPS for the current year.
Atkore Announces Dividend
Wall Street Analysts Forecast Growth
Several analysts have commented on the company. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $102.00 price objective (up from $93.00) on shares of Atkore in a research note on Wednesday, December 4th. Loop Capital cut their price objective on Atkore from $130.00 to $115.00 and set a “buy” rating for the company in a research report on Friday, November 22nd. Roth Capital upgraded shares of Atkore to a “strong-buy” rating in a research report on Monday, December 16th. B. Riley cut Atkore from a “buy” rating to a “neutral” rating and dropped their price target for the company from $135.00 to $84.00 in a research report on Friday, November 22nd. Finally, Roth Mkm began coverage on Atkore in a research note on Tuesday, December 17th. They issued a “buy” rating and a $100.00 target price on the stock. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $115.67.
Read Our Latest Stock Analysis on ATKR
Insider Activity
In other news, VP Daniel S. Kelly sold 13,071 shares of the stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $95.74, for a total transaction of $1,251,417.54. Following the transaction, the vice president now owns 27,528 shares of the company’s stock, valued at approximately $2,635,530.72. This trade represents a 32.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Mark F. Lamps sold 500 shares of Atkore stock in a transaction dated 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 directly owns 27,626 shares of the company’s stock, valued at $2,667,290.30. This trade 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. Company insiders own 1.99% 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.
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