Atkore (ATKR) Projected to Post Earnings on Tuesday

Atkore (NYSE:ATKR) is expected to issue its Q2 2025 quarterly earnings data before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $1.52 per share and revenue of $690.83 million for the quarter. Atkore has set its FY 2025 guidance at 5.750-6.850 EPS and its Q2 2025 guidance at 1.300-1.500 EPS.

Atkore (NYSE:ATKR) last released its quarterly earnings results on Tuesday, February 4th. The company reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.45. The firm had revenue of $661.60 million for the quarter, compared to analysts’ expectations of $680.77 million. Atkore had a net margin of 12.42% and a return on equity of 25.69%. The business’s quarterly revenue was down 17.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.12 earnings per share. On average, analysts expect Atkore to post $6 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Atkore Price Performance

Shares of NYSE ATKR opened at $63.51 on Tuesday. The firm has a market capitalization of $2.21 billion, a P/E ratio of 6.15 and a beta of 2.02. The company has a quick ratio of 1.96, a current ratio of 3.03 and a debt-to-equity ratio of 0.51. The stock’s 50-day simple moving average is $61.22 and its two-hundred day simple moving average is $76.56. Atkore has a twelve month low of $49.92 and a twelve month high of $185.42.

Atkore Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th were paid a $0.32 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $1.28 dividend on an annualized basis and a yield of 2.02%. Atkore’s dividend payout ratio is presently 12.39%.

Insider Activity

In related news, insider Mark F. Lamps sold 500 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $65.00, for a total transaction of $32,500.00. Following the completion of the sale, the insider now owns 33,760 shares of the company’s stock, valued at $2,194,400. This trade represents a 1.46 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ATKR. KeyCorp dropped their target price on Atkore from $80.00 to $70.00 and set an “overweight” rating for the company in a research report on Tuesday, April 8th. Citigroup cut their price objective on Atkore from $78.00 to $66.00 and set a “neutral” rating on the stock in a research report on Monday, April 14th. Royal Bank of Canada raised their price target on Atkore from $64.00 to $65.00 and gave the stock a “sector perform” rating in a research note on Tuesday, April 22nd. Finally, Loop Capital downgraded shares of Atkore from a “buy” rating to a “hold” rating and reduced their price objective for the company from $115.00 to $65.00 in a research report on Monday, February 10th. Five analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $75.00.

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.