Atkore (NYSE:ATKR) Issues FY 2025 Earnings Guidance

Atkore (NYSE:ATKR) issued an update on its FY 2025 earnings guidance on Tuesday morning. 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 Trading Up 2.4 %

ATKR traded up $1.54 during mid-day trading on Thursday, reaching $67.13. The stock had a trading volume of 531,900 shares, compared to its average volume of 700,486. The firm’s fifty day simple moving average is $85.16 and its two-hundred day simple moving average is $91.50. The stock has a market capitalization of $2.33 billion, a P/E ratio of 5.31 and a beta of 2.12. Atkore has a 52 week low of $62.62 and a 52 week high of $194.98. 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 (NYSE:ATKR) last released its earnings results 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. 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%. The company’s revenue was down 17.1% compared to the same quarter last year. During the same period in the prior year, the company posted $4.12 EPS. On average, equities analysts predict that Atkore will post 6.62 EPS for the current year.

Atkore Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders 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 annualized dividend and a dividend yield of 1.91%. Atkore’s dividend payout ratio is currently 10.13%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. B. Riley downgraded Atkore from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $135.00 to $84.00 in a research note on Friday, November 22nd. KeyCorp lowered their target price on Atkore from $105.00 to $80.00 and set an “overweight” rating for the company in a research note on Wednesday. Roth Capital raised shares of Atkore to a “strong-buy” rating in a research note on Monday, December 16th. Royal Bank of Canada reissued a “sector perform” rating and set a $102.00 price objective (up previously from $93.00) on shares of Atkore in a research report on Wednesday, December 4th. Finally, Loop Capital reduced their target price on shares of Atkore from $130.00 to $115.00 and set a “buy” rating for the company in a research note on Friday, November 22nd. Four equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $111.50.

Insider Activity

In related news, VP Daniel S. Kelly sold 13,071 shares of the firm’s stock in a transaction 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 $2,635,530.72. This trade represents a 32.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Mark F. Lamps sold 500 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were 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 $2,667,290.30. The trade was a 1.78 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 16,924 shares of company stock valued at $1,614,975. 1.99% of the stock is owned by 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.