Roth Capital Comments on Atkore’s Q1 Earnings (NYSE:ATKR)

Atkore Inc. (NYSE:ATKR) – Equities researchers at Roth Capital issued their Q1 2025 earnings per share (EPS) estimates for Atkore in a research report issued on Monday, December 16th. Roth Capital analyst J. Clare expects that the company will post earnings per share of $1.05 for the quarter. Roth Capital has a “Strong-Buy” rating on the stock. The consensus estimate for Atkore’s current full-year earnings is $6.69 per share. Roth Capital also issued estimates for Atkore’s Q2 2025 earnings at $1.59 EPS, Q3 2025 earnings at $2.05 EPS, Q4 2025 earnings at $1.85 EPS, FY2025 earnings at $6.55 EPS, FY2026 earnings at $6.98 EPS and FY2027 earnings at $7.90 EPS.

A number of other equities research analysts have also recently issued reports on the stock. KeyCorp dropped their target price on shares of Atkore from $125.00 to $105.00 and set an “overweight” rating on the stock in a report on Friday, September 13th. B. Riley cut Atkore from a “buy” rating to a “neutral” rating and cut their price objective for the company from $135.00 to $84.00 in a research report on Friday, November 22nd. Royal Bank of Canada reiterated a “sector perform” rating and set a $102.00 target price (up from $93.00) on shares of Atkore in a research note on Wednesday, December 4th. Roth Mkm assumed coverage on Atkore in a research note on Tuesday. They issued a “buy” rating and a $100.00 price target on the stock. Finally, Loop Capital reduced their price objective on shares of Atkore from $130.00 to $115.00 and set a “buy” rating for the company in a research report on Friday, November 22nd. Four research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $115.67.

Atkore Stock Performance

Shares of ATKR stock opened at $82.72 on Thursday. The company has a fifty day moving average price of $89.48 and a two-hundred day moving average price of $104.76. Atkore has a one year low of $76.01 and a one year high of $194.98. The stock has a market cap of $2.89 billion, a P/E ratio of 6.55 and a beta of 2.10. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.98 and a quick ratio of 1.96.

Atkore (NYSE:ATKR) last released its quarterly earnings data on Thursday, November 21st. The company reported $2.02 EPS for the quarter, missing the consensus estimate of $2.08 by ($0.06). The company had revenue of $788.30 million during the quarter, compared to analyst estimates of $749.49 million. Atkore had a net margin of 14.77% and a return on equity of 32.14%. The company’s quarterly revenue was down 9.4% compared to the same quarter last year. During the same period in the previous year, the company posted $3.63 EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Signaturefd LLC raised its position in Atkore by 445.6% during the third quarter. Signaturefd LLC now owns 491 shares of the company’s stock valued at $42,000 after purchasing an additional 401 shares in the last quarter. Quarry LP raised its holdings in shares of Atkore by 48.8% during the 3rd quarter. Quarry LP now owns 634 shares of the company’s stock worth $54,000 after buying an additional 208 shares in the last quarter. Covestor Ltd raised its holdings in shares of Atkore by 63.7% during the 3rd quarter. Covestor Ltd now owns 1,002 shares of the company’s stock worth $85,000 after buying an additional 390 shares in the last quarter. Headlands Technologies LLC lifted its position in shares of Atkore by 829.9% during the 2nd quarter. Headlands Technologies LLC now owns 902 shares of the company’s stock worth $122,000 after buying an additional 805 shares during the last quarter. Finally, Pinnacle Associates Ltd. acquired a new stake in Atkore in the third quarter valued at about $126,000.

Insider Activity at Atkore

In other Atkore news, VP Daniel S. Kelly sold 13,071 shares of Atkore stock in a transaction on 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Mark F. Lamps sold 500 shares of the company’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $96.55, for a total value of $48,275.00. Following the sale, the insider now owns 27,626 shares of the company’s stock, valued at approximately $2,667,290.30. The trade was a 1.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 16,924 shares of company stock worth $1,614,975 in the last ninety days. 2.56% of the stock is owned by company insiders.

Atkore Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, December 6th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a $1.28 annualized dividend and a yield of 1.55%. Atkore’s payout ratio is currently 10.13%.

Atkore Company Profile

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.