Atkore (NYSE:ATKR – Get Free Report) updated its second quarter 2025 earnings guidance on Tuesday. 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
Several research analysts have issued reports on the company. Loop Capital dropped their target price on Atkore from $130.00 to $115.00 and set a “buy” rating on the stock in a research report on Friday, November 22nd. Roth Mkm initiated coverage on shares of Atkore in a report on Tuesday, December 17th. They set a “buy” rating and a $100.00 target price for the company. Roth Capital upgraded shares of Atkore to a “strong-buy” rating in a research note on Monday, December 16th. Royal Bank of Canada restated a “sector perform” rating and issued a $102.00 price objective (up from $93.00) on shares of Atkore in a research note on Wednesday, December 4th. Finally, B. Riley cut shares of Atkore from a “buy” rating to a “neutral” rating and lowered their target price for the company from $135.00 to $84.00 in a research note on Friday, November 22nd. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $115.67.
View Our Latest Stock Analysis on ATKR
Atkore Stock Down 19.3 %
Atkore (NYSE:ATKR – Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $1.50 EPS for the quarter, beating the consensus estimate of $1.05 by $0.45. Atkore had a return on equity of 32.14% and a net margin of 14.77%. On average, analysts predict that Atkore will post 6.62 earnings per share for the current fiscal year.
Atkore Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.99%. The ex-dividend date is Tuesday, February 18th. Atkore’s payout ratio is currently 10.13%.
Insiders Place Their Bets
In related news, Director Jeri L. Isbell sold 3,353 shares of Atkore stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $94.03, for a total value of $315,282.59. Following the completion of the transaction, the director now owns 25,585 shares in the company, valued at $2,405,757.55. The trade was a 11.59 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Mark F. Lamps sold 500 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $96.55, for a total value of $48,275.00. Following the transaction, the insider now owns 27,626 shares in the company, valued at $2,667,290.30. This represents a 1.78 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 16,924 shares of company stock valued at $1,614,975. 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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