Atkore (NYSE:ATKR) Updates Q2 2025 Earnings Guidance
by Scott Moore · The Cerbat GemAtkore (NYSE:ATKR – Get Free Report) issued an update on its second quarter 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 2.010-2.080 for the period, compared to the consensus estimate of 1.400. The company issued revenue guidance of $695.0 million-$705.0 million, compared to the consensus revenue estimate of $690.8 million. Atkore also updated its FY 2025 guidance to 5.750-6.850 EPS.
Atkore Trading Down 3.0 %
Shares of ATKR stock traded down $1.77 on Monday, reaching $56.73. 342,446 shares of the stock were exchanged, compared to its average volume of 698,792. Atkore has a 1-year low of $49.92 and a 1-year high of $185.42. The stock has a market cap of $1.97 billion, a P/E ratio of 5.49 and a beta of 2.02. The company has a quick ratio of 1.96, a current ratio of 3.03 and a debt-to-equity ratio of 0.51. The firm has a 50 day moving average of $62.21 and a two-hundred day moving average of $77.54.
Atkore (NYSE:ATKR – Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.45. Atkore had a return on equity of 25.69% and a net margin of 12.42%. The company had revenue of $661.60 million for the quarter, compared to the consensus estimate of $680.77 million. During the same period last year, the business posted $4.12 EPS. The company’s quarterly revenue was down 17.1% compared to the same quarter last year. On average, research analysts anticipate that Atkore will post 5.79 EPS for the current year.
Atkore Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 2.26%. The ex-dividend date was Tuesday, February 18th. Atkore’s payout ratio is currently 12.39%.
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on ATKR shares. Citigroup decreased their price target on shares of Atkore from $78.00 to $66.00 and set a “neutral” rating for the company in a research report on Monday, April 14th. Loop Capital downgraded Atkore from a “buy” rating to a “hold” rating and decreased their target price for the stock from $115.00 to $65.00 in a research report on Monday, February 10th. Finally, KeyCorp dropped their target price on Atkore from $80.00 to $70.00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. Five equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Atkore presently has a consensus rating of “Moderate Buy” and an average price target of $81.17.
Read Our Latest Research Report on ATKR
Insider Transactions at Atkore
In other Atkore news, insider Mark F. Lamps sold 500 shares of the firm’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $65.00, for a total transaction of $32,500.00. Following the completion of the transaction, the insider now directly owns 33,760 shares of the company’s stock, valued at $2,194,400. This trade represents a 1.46 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate 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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