Atkore (ATKR) to Release Quarterly Earnings on Tuesday

Atkore (NYSE:ATKR) is anticipated to post its Q2 2025 quarterly earnings results 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, beating 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 return on equity of 25.69% and a net margin of 12.42%. The company’s revenue was down 17.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.12 EPS. On average, analysts expect Atkore to post $6 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Atkore Stock Down 0.7 %

Atkore stock opened at $63.51 on Tuesday. Atkore has a one year low of $49.92 and a one year high of $185.42. The stock has a fifty day moving average of $61.22 and a 200 day moving average of $76.56. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.96 and a current ratio of 3.03. The stock has a market cap of $2.21 billion, a PE ratio of 6.15 and a beta of 2.02.

Atkore Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Tuesday, February 18th were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $1.28 annualized dividend and a yield of 2.02%. Atkore’s dividend payout ratio (DPR) is 12.39%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Loop Capital cut shares of Atkore from a “buy” rating to a “hold” rating and dropped their price target for the stock from $115.00 to $65.00 in a research note on Monday, February 10th. KeyCorp cut their price target on Atkore from $80.00 to $70.00 and set an “overweight” rating for the company in a report on Tuesday, April 8th. Royal Bank of Canada raised their price objective 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, Citigroup cut their price target on Atkore from $78.00 to $66.00 and set a “neutral” rating for the company in a research note on Monday, April 14th. Five analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $75.00.

Insider Buying and Selling at Atkore

In other Atkore news, insider Mark F. Lamps sold 500 shares of the firm’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $65.00, for a total transaction of $32,500.00. Following the transaction, the insider now owns 33,760 shares of the company’s stock, valued at approximately $2,194,400. This trade represents a 1.46 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.99% of the stock is owned by corporate insiders.

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.