Positive News SentimentPositive NewsNYSE:ATKR Atkore (ATKR) Stock Price, News & Analysis $131.06 +0.16 (+0.12%) (As of 07/8/2024 ET) Add Compare Share Share Today's Range$130.50▼$132.4850-Day Range$130.16▼$176.4052-Week Range$121.00▼$194.98Volume399,691 shsAverage Volume514,299 shsMarket Capitalization$4.77 billionP/E Ratio8.17Dividend Yield0.98%Price Target$187.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Atkore alerts: Email Address Atkore MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside42.7% Upside$187.00 Price TargetShort InterestBearish17.15% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.88Based on 2 Articles This WeekInsider TradingSelling Shares$170,620 Sold Last QuarterProj. Earnings Growth8.57%From $14.93 to $16.21 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.3.06 out of 5 starsIndustrial Products Sector99th out of 165 stocksMiscellaneous Electrical Machinery, Equipment, & Supplies Industry9th out of 26 stocks 3.3 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.Amount of Analyst CoverageAtkore has only been the subject of 1 research reports in the past 90 days.Read more about Atkore's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted17.15% of the float of Atkore has been sold short.Short Interest Ratio / Days to CoverAtkore has a short interest ratio ("days to cover") of 10.5, which indicates bearish sentiment.Change versus previous monthShort interest in Atkore has recently decreased by 2.69%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldAtkore has a dividend yield of 0.98%, 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 7.98%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Atkore will have a dividend payout ratio of 7.90% next year. This indicates that Atkore will be able to sustain or increase its dividend.Read more about Atkore's 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 2.7 News and Social Media Coverage News SentimentAtkore has a news sentiment score of 1.88. 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 0.96 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Atkore this week, compared to 4 articles on an average week.Search InterestOnly 3 people have searched for ATKR on MarketBeat in the last 30 days. This is a decrease of -73% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Atkore to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 $170,620.00 in company stock.Percentage Held by InsidersOnly 2.56% of the stock of Atkore is held by insiders.Read more about Atkore's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Atkore are expected to grow by 8.57% in the coming year, from $14.93 to $16.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Atkore is 8.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Atkore is 8.17, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.33.Price to Book Value per Share RatioAtkore has a P/B Ratio of 3.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Atkore's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Oasis GoldNew Government Policy to Wipe Out Seniors WealthDon't wait until it's too late. The digital dollar is nearing the end of its trial period, and the window of opportunity to protect your interests is closing fast.Click Here To Get Your FREE Guide Now! 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 HeadlinesJune 12, 2024 | insidertrades.comWilbert W. James, Jr. Sells 599 Shares of Atkore Inc. (NYSE:ATKR) StockJune 20, 2024 | seekingalpha.comAtkore: Getting Electrified HereJuly 9, 2024 | Theo Trade (Ad)Dividends are costing you money!Retirement should be a time of relaxation and financial security, but rising inflation is threatening that idea for many Americans. Traditional income from sources like dividends and bonds are struggling to keep pace with the increasing costs of living, leaving many wondering how to maintain their standard of living. That’s where Ultima Trades can help!June 19, 2024 | seekingalpha.comAtkore: The Party Is Over With The Declining PricesMay 29, 2024 | businesswire.comAtkore Announces Environmental Product Declarations for Steel and PVC Conduit ProductsMay 22, 2024 | finance.yahoo.comDirector A Zeffiro Sells 2,000 Shares of Atkore Inc (ATKR)May 15, 2024 | investorplace.comBuy the Dip: 3 Stocks to Snap Up on Last Week's 10% DropMay 12, 2024 | seekingalpha.comRiverwater Partners - Atkore: Well-Positioned Towards A Future Where Electricity Takes Center StageJuly 9, 2024 | Theo Trade (Ad)Dividends are costing you money!Retirement should be a time of relaxation and financial security, but rising inflation is threatening that idea for many Americans. Traditional income from sources like dividends and bonds are struggling to keep pace with the increasing costs of living, leaving many wondering how to maintain their standard of living. That’s where Ultima Trades can help!May 10, 2024 | fool.comWhy Shares in This Value Stock Declined This WeekMay 9, 2024 | finance.yahoo.comAtkore Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsMay 8, 2024 | markets.businessinsider.comAtkore International Group: Balancing Near-Term Pressures with Long-Term Growth PotentialMay 8, 2024 | finance.yahoo.comAtkore Inc. (NYSE:ATKR) Q2 2024 Earnings Call TranscriptMay 8, 2024 | finance.yahoo.comAtkore Inc (ATKR) Q2 2024 Earnings Call Transcript Highlights: Strong Performance Amid Market ...May 7, 2024 | seekingalpha.comAtkore Inc. 2024 Q2 - Results - Earnings Call PresentationMay 7, 2024 | markets.businessinsider.comAtkore Inc. Q2 Profit Decreases, but beats estimatesMay 7, 2024 | msn.comATKR Stock Earnings: Atkore Beats EPS, Misses Revenue for Q2 2024May 7, 2024 | finance.yahoo.comAtkore Inc (ATKR) Q2 Earnings: Misses Revenue Estimates, Adjusts Full-Year OutlookSee 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 Earnings5/06/2024Ex-Dividend for 5/31 Dividend5/20/2024Dividend Payable5/31/2024Today7/09/2024Next Earnings (Estimated)8/13/2024Fiscal 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$187.00 High Stock Price Target$188.00 Low Stock Price Target$186.00 Potential Upside/Downside+42.7%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$16.04 Trailing P/E Ratio8.17 Forward P/E Ratio8.78 P/E GrowthN/ANet Income$689.90 million Net Margins18.30% Pretax Margin21.83% Return on Equity43.19% Return on Assets21.98% Debt Debt-to-Equity Ratio0.49 Current Ratio3.09 Quick Ratio1.98 Sales & Book Value Annual Sales$3.52 billion Price / Sales1.36 Cash Flow$21.92 per share Price / Cash Flow5.98 Book Value$38.85 per share Price / Book3.37Miscellaneous Outstanding Shares36,430,000Free Float35,497,000Market Cap$4.77 billion OptionableOptionable Beta2.15 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 55)VP & Senior VP of Sales Ms. LeAngela D. W. Lowe (Age 52)Chief Human Resources Officer More ExecutivesKey CompetitorsCAENYSE:CAENovantaNASDAQ:NOVTEnerSysNYSE:ENSFluence EnergyNASDAQ:FLNCEnovixNASDAQ:ENVXView All CompetitorsInsiders & InstitutionsDNB Asset Management ASBought 70,995 shares on 7/5/2024Ownership: 0.195%DekaBank Deutsche GirozentraleSold 98 shares on 6/4/2024Ownership: 0.047%Wilbert W James JrSold 599 sharesTotal: $91,784.77 ($153.23/share)Boston PartnersBought 143,121 shares on 5/28/2024Ownership: 3.679%Cetera Investment AdvisersBought 10,177 shares on 5/24/2024Ownership: 0.037%View All Insider TransactionsView All Institutional Transactions ATKR Stock Analysis - Frequently Asked Questions How have ATKR shares performed this year? Atkore's stock was trading at $160.00 at the beginning of the year. Since then, ATKR shares have decreased by 18.1% and is now trading at $131.06. View the best growth stocks for 2024 here. How were Atkore's earnings last quarter? Atkore Inc. (NYSE:ATKR) announced its earnings results on Monday, May, 6th. The company reported $4.08 earnings per share for the quarter, topping the consensus estimate of $3.22 by $0.86. The business's quarterly revenue was down 11.5% compared to the same quarter last year. 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. When did Atkore IPO? Atkore (ATKR) raised $252 million in an initial public offering 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 top institutional investors include DNB Asset Management AS (0.19%). Insiders that own company stock include William E Jr Waltz, Daniel S Kelly, David Paul Johnson, John W Pregenzer, Mark F Lamps, Scott H Muse, Leangela W Lowe, Justin A Kershaw, Wilbert W James Jr 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. What other stocks do shareholders of Atkore own? Based on aggregate information from My MarketBeat watchlists, some other companies that Atkore investors own include Advanced Micro Devices (AMD), Alibaba Group (BABA), NVIDIA (NVDA), Intel (INTC), Altria Group (MO), Pfizer (PFE) and Block (SQ). 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