Atkore (NYSE:ATKR – Get Free Report) issued an update on its second quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.300-1.500 for the period, compared to the consensus 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.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on the stock. B. Riley cut shares of Atkore from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $135.00 to $84.00 in a research note on Friday, November 22nd. Roth Mkm assumed coverage on shares of Atkore in a research report on Tuesday, December 17th. They set a “buy” rating and a $100.00 target price on the stock. Loop Capital reduced their price objective on Atkore from $130.00 to $115.00 and set a “buy” rating for the company in a research note on Friday, November 22nd. Royal Bank of Canada reaffirmed 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. Finally, Roth Capital upgraded Atkore to a “strong-buy” rating in a research note on Monday, December 16th. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Atkore presently has a consensus rating of “Moderate Buy” and a consensus target price of $115.67.
Check Out Our Latest Stock Analysis on ATKR
Atkore Stock Down 14.8 %
Atkore (NYSE:ATKR – Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $1.50 earnings per share for the quarter, beating 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%. On average, research analysts forecast that Atkore will post 6.62 earnings per share for the current fiscal year.
Atkore Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be paid 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 dividend yield of 1.88%. Atkore’s dividend payout ratio (DPR) is 10.13%.
Insider Buying and Selling
In related news, insider Mark F. Lamps sold 500 shares of the company’s stock in a transaction dated Monday, November 11th. The stock was 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. This represents a 1.78 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Daniel S. Kelly sold 13,071 shares of the company’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $95.74, for a total value of $1,251,417.54. Following the completion of the transaction, the vice president now directly owns 27,528 shares of the company’s stock, valued at $2,635,530.72. The trade was a 32.20 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 16,924 shares of company stock valued at $1,614,975 over the last quarter. 1.99% of the stock is 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.
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