NYSE:ATKR Atkore (ATKR) Stock Price, News & Analysis → $25,000 into $109,616 in two months? (From WealthPress) (Ad) Free ATKR Stock Alerts $186.06 +3.48 (+1.91%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$184.18▼$187.0650-Day Range$142.60▼$186.3652-Week Range$116.14▼$189.39Volume323,973 shsAverage Volume469,328 shsMarket Capitalization$6.84 billionP/E Ratio11.15Dividend Yield0.69%Price Target$178.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Atkore alerts: Email Address Atkore MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside4.0% Downside$178.67 Price TargetShort InterestBearish14.35% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.82Based on 8 Articles This WeekInsider TradingSelling Shares$25.12 M Sold Last QuarterProj. Earnings Growth8.90%From $15.06 to $16.40 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.42 out of 5 starsIndustrial Products Sector145th out of 170 stocksMiscellaneous Electrical Machinery, Equipment, & Supplies Industry20th out of 27 stocks 1.3 Analyst's Opinion Consensus RatingAtkore has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $178.67, Atkore has a forecasted downside of 4.0% from its current price of $186.06.Amount of Analyst CoverageAtkore has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted14.35% of the float of Atkore has been sold short.Short Interest Ratio / Days to CoverAtkore has a short interest ratio ("days to cover") of 12.3, which indicates bearish sentiment.Change versus previous monthShort interest in Atkore has recently decreased by 2.62%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldAtkore has a dividend yield of 0.71%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthAtkore does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Atkore is 7.67%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Atkore will have a dividend payout ratio of 7.80% next year. This indicates that Atkore will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ATKR. Previous Next 3.8 News and Social Media Coverage News SentimentAtkore has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Atkore this week, compared to 4 articles on an average week.Search Interest9 people have searched for ATKR on MarketBeat in the last 30 days. This is an increase of 350% compared to the previous 30 days.MarketBeat Follows13 people have added Atkore to their MarketBeat watchlist in the last 30 days. This is an increase of 225% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Atkore insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $25,124,751.00 in company stock.Percentage Held by InsidersOnly 2.56% of the stock of Atkore is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Atkore are expected to grow by 8.90% in the coming year, from $15.06 to $16.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Atkore is 11.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.66.Price to Earnings Ratio vs. SectorThe P/E ratio of Atkore is 11.15, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.97.Price to Book Value per Share RatioAtkore has a P/B Ratio of 4.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Insiders ExposedThis consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.Register for the imminent briefing here. About Atkore Stock (NYSE:ATKR)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. The company offers its products under the Allied Tube & Conduit, AFC Cable Systems, Kaf-Tech, Heritage Plastics, Unistrut, Power-Strut, Cope, US Tray, FRE Composites, United Poly Systems, Calbond, and Calpipe. It serves various end markets, including new construction; maintenance, repair, and remodel; infrastructure; diversified industrials; alternative power generation; healthcare; data centers; and governments through electrical, industrial, and mechanical contractors, as well as original equipment manufacturers. The company was formerly known as Atkore International Group Inc. and changed its name to Atkore Inc. in February 2021. Atkore Inc. was founded in 1959 and is headquartered in Harvey, Illinois.Read More ATKR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ATKR Stock News HeadlinesMarch 15, 2024 | insidertrades.comAtkore Inc. (NYSE:ATKR) VP Sells $1,144,455.00 in StockMarch 14, 2024 | insidertrades.comAtkore Inc. (NYSE:ATKR) Director Justin A. Kershaw Sells 1,099 SharesMarch 28, 2024 | Crypto 101 Media (Ad)SHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. March 24, 2024 | americanbankingnews.comRoyal Bank of Canada Reiterates "Outperform" Rating for Atkore (NYSE:ATKR)March 22, 2024 | markets.businessinsider.comAnalysts Conflicted on These Industrial Goods Names: LegalZoom (LZ), FedEx (FDX) and Atkore International Group (ATKR)March 22, 2024 | money.usnews.comAtkore IncMarch 16, 2024 | finance.yahoo.comATKR Jul 2024 240.000 callMarch 16, 2024 | finance.yahoo.comATKR Oct 2024 210.000 callMarch 28, 2024 | DTI (Ad)the most reliable asset on earth is making a comebackGlobal tensions have been pushing the price of gold to all time highs… Just recently, gold peaked at a record $2,000 (and is now closer to $2,200). And there’s something else critical at play right now in the world’s largest asset. Because of these critical factors, a lot of massive investment institutions are now pumping more money into gold. And as we speak, some are even calling for a massive rally in the precious metal.March 16, 2024 | finance.yahoo.comATKR Jul 2024 195.000 callMarch 16, 2024 | finance.yahoo.comATKR Oct 2024 140.000 putMarch 14, 2024 | finance.yahoo.comAtkore Inc (ATKR) VP, Chief HR Officer Leangela Lowe Sells 6,500 SharesMarch 14, 2024 | benzinga.comInsider Transaction: Justin A Kershaw Sells $188K Worth Of Atkore SharesMarch 9, 2024 | fool.com3 Infrastructure Stocks to Buy Hand Over Fist in MarchMarch 5, 2024 | finance.yahoo.comATKR Apr 2024 105.000 callMarch 3, 2024 | finance.yahoo.comAtkore Inc.'s (NYSE:ATKR) Stock's On An Uptrend: Are Strong Financials Guiding The Market?February 23, 2024 | benzinga.comAtkore Stock (NYSE:ATKR), Analyst Ratings, Price Targets, PredictionsFebruary 23, 2024 | finance.yahoo.comATKR Mar 2024 110.000 putFebruary 14, 2024 | ca.finance.yahoo.comATKR Jul 2024 210.000 callFebruary 13, 2024 | finance.yahoo.comAtkore Inc. Announces Participation at Upcoming Investor ConferencesFebruary 13, 2024 | businesswire.comAtkore Inc. Announces Participation at Upcoming Investor ConferencesFebruary 4, 2024 | finance.yahoo.comAtkore Inc. (NYSE:ATKR) Q1 2024 Earnings Call TranscriptFebruary 2, 2024 | markets.businessinsider.comRBC Capital Reaffirms Their Buy Rating on Atkore International Group (ATKR)February 2, 2024 | finance.yahoo.comAtkore First Quarter 2024 Earnings: Beats ExpectationsFebruary 1, 2024 | finance.yahoo.comAtkore Implements Finance Team Rotation to Support Company’s Growth and DevelopmentFebruary 1, 2024 | finance.yahoo.comAtkore Inc (ATKR) Faces Headwinds: Net Sales Dip and Net Income Declines in Q1 2024February 1, 2024 | msn.comAtkore International Non-GAAP EPS of $0.49, revenue of $798.5MSee More Headlines Receive ATKR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Atkore and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/01/2024Ex-Dividend for 3/15 Dividend2/26/2024Dividend Payable3/15/2024Today3/27/2024Next Earnings (Estimated)5/14/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry Miscellaneous electrical machinery, equipment, & supplies Sub-IndustryN/A Current SymbolNYSE:ATKR Previous SymbolNASDAQ:ATKR CUSIPN/A CIK1666138 Webwww.atkore.com Phone(708) 339-1610Fax708-339-2726Employees5,600Year FoundedN/APrice Target and Rating Average Stock Price Target$178.67 High Stock Price Target$187.00 Low Stock Price Target$163.00 Potential Upside/Downside-4.0%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$16.68 Trailing P/E Ratio11.15 Forward P/E Ratio12.35 P/E GrowthN/ANet Income$689.90 million Net Margins18.80% Pretax Margin22.85% Return on Equity46.79% Return on Assets23.55% Debt Debt-to-Equity Ratio0.51 Current Ratio2.96 Quick Ratio1.99 Sales & Book Value Annual Sales$3.52 billion Price / Sales1.94 Cash Flow$22.58 per share Price / Cash Flow8.24 Book Value$38.85 per share Price / Book4.79Miscellaneous Outstanding Shares36,770,000Free Float35,827,000Market Cap$6.84 billion OptionableOptionable Beta2.18 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. William E. Waltz Jr. (Age 60)President, CEO & Director Comp: $1.94MMr. David P. Johnson (Age 57)VP, CFO & Chief Accounting Officer Comp: $879.15kMr. Daniel S. Kelly Esq. (Age 64)VP, General Counsel & Corporate Secretary Comp: $745.91kMr. John W. Pregenzer (Age 54)President of Electrical Comp: $827.98kMr. Mark F. Lamps (Age 58)Group President of Security & Infrastructure Comp: $735.38kMr. Matthew D. KlineVice President of Treasury & Investor RelationsMs. Lisa A. WinterVice President of Corporate CommunicationsMs. Melissa D. Kidd (Age 56)VP & Senior VP of Sales Ms. LeAngela D. W. Lowe (Age 52)Chief Human Resources Officer More ExecutivesKey CompetitorsEnerSysNYSE:ENSBerry Global GroupNYSE:BERYESABNYSE:ESABChart IndustriesNYSE:GTLSTimkenNYSE:TKRView All CompetitorsInsiders & InstitutionsHighPoint Advisor Group LLCBought 1,576 shares on 3/26/2024Ownership: 0.004%PNC Financial Services Group Inc.Sold 1,906 shares on 3/22/2024Ownership: 0.008%B. Riley Wealth Advisors Inc.Sold 1,723 shares on 3/15/2024Ownership: 0.048%Leangela W LoweSold 6,500 sharesTotal: $1.14 M ($176.07/share)Justin A KershawSold 1,099 sharesTotal: $188,775.23 ($171.77/share)View All Insider TransactionsView All Institutional Transactions ATKR Stock Analysis - Frequently Asked Questions Should I buy or sell Atkore stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Atkore in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ATKR shares. View ATKR analyst ratings or view top-rated stocks. What is Atkore's stock price target for 2024? 3 equities research analysts have issued 12-month price objectives for Atkore's shares. Their ATKR share price targets range from $163.00 to $187.00. On average, they predict the company's stock price to reach $178.67 in the next twelve months. This suggests that the stock has a possible downside of 4.0%. View analysts price targets for ATKR or view top-rated stocks among Wall Street analysts. How have ATKR shares performed in 2024? Atkore's stock was trading at $160.00 on January 1st, 2024. Since then, ATKR shares have increased by 16.3% and is now trading at $186.06. View the best growth stocks for 2024 here. Are investors shorting Atkore? Atkore saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 5,340,000 shares, an increase of 9.0% from the February 14th total of 4,900,000 shares. Based on an average daily volume of 446,300 shares, the short-interest ratio is currently 12.0 days. Approximately 14.7% of the company's shares are sold short. View Atkore's Short Interest. When is Atkore's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our ATKR earnings forecast. How were Atkore's earnings last quarter? Atkore Inc. (NYSE:ATKR) issued its quarterly earnings data on Thursday, February, 1st. The company reported $4.12 earnings per share for the quarter, beating the consensus estimate of $3.08 by $1.04. The business earned $798.50 million during the quarter, compared to analysts' expectations of $777.05 million. Atkore had a trailing twelve-month return on equity of 46.79% and a net margin of 18.80%. The company's revenue for the quarter was down 4.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.51 earnings per share. How often does Atkore pay dividends? What is the dividend yield for Atkore? Atkore announced a quarterly dividend on Tuesday, January 30th. Investors of record on Tuesday, February 27th will be paid a dividend of $0.32 per share on Friday, March 15th. This represents a $1.28 annualized dividend and a dividend yield of 0.69%. The ex-dividend date of this dividend is Monday, February 26th. Read our dividend analysis for ATKR. Is Atkore a good dividend stock? Atkore (NYSE:ATKR) pays an annual dividend of $1.28 per share and currently has a dividend yield of 0.71%. The dividend payout ratio is 7.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ATKR will have a dividend payout ratio of 7.80% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ATKR. What ETFs hold Atkore's stock? ETFs with the largest weight of Atkore (NYSE:ATKR) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR), Euclidean Fundamental Value ETF (ECML), Argent Mid Cap ETF (AMID), Corbett Road Tactical Opportunity ETFNew (OPPX), Innovator IBD Breakout Opportunities ETF (BOUT), Cambria Shareholder Yield ETF (SYLD), WisdomTree U.S. Growth & Momentum Fund (WGRO) and First Trust Active Factor Small Cap ETF (AFSM). What guidance has Atkore issued on next quarter's earnings? Atkore updated its FY24 earnings guidance on Thursday, February, 1st. The company provided EPS guidance of $16.50-$17.50 for the period, compared to the consensus EPS estimate of $16.71. What is William E Waltz's approval rating as Atkore's CEO? 27 employees have rated Atkore Chief Executive Officer William E Waltz on Glassdoor.com. William E Waltz has an approval rating of 94% among the company's employees. This puts William E Waltz in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Atkore own? Based on aggregate information from My MarketBeat watchlists, some companies that other Atkore investors own include Advanced Micro Devices (AMD), Alibaba Group (BABA), NVIDIA (NVDA), Intel (INTC), Altria Group (MO), Pfizer (PFE), Block (SQ), AT&T (T), AbbVie (ABBV) and Applied Materials (AMAT). When did Atkore IPO? Atkore (ATKR) raised $252 million in an IPO on Friday, June 10th 2016. The company issued 12,000,000 shares at a price of $20.00-$22.00 per share. Credit Suisse, Deutsche Bank Securities, J.P. Morgan and UBS Investment Bank acted as the underwriters for the IPO and Citigroup, RBC Capital Markets and Wells Fargo Securities were co-managers. Who are Atkore's major shareholders? Atkore's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.25%), Vanguard Group Inc. (11.25%), River Road Asset Management LLC (3.39%), Boston Partners (3.26%), Dimensional Fund Advisors LP (2.90%) and LSV Asset Management (2.42%). Insiders that own company stock include A Mark Zeffiro, Daniel S Kelly, David Paul Johnson, John W Pregenzer, Justin A Kershaw, Leangela W Lowe, Mark F Lamps, Scott H Muse, Wilbert W James Jr, William E Jr Waltz and William Vanarsdale. View institutional ownership trends. How do I buy shares of Atkore? Shares of ATKR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ATKR) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin AnalyticsThe 3rd Revolution in WarfareWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Atkore Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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