RBC Capital Reaffirms Their Buy Rating on Atkore International Group (ATKR)
TipRanks (Mon, 22-Apr 9:50 PM ET)
Atkore Inc. Announces Participation at Upcoming Investor Conferences
Business Wire (Mon, 22-Apr 5:00 PM ET)
Atkore Inc. Announces Second Quarter Fiscal Year 2024 Earnings Release Date and Conference Call
Business Wire (Mon, 15-Apr 5:00 PM ET)
Business Wire (Tue, 20-Feb 8:35 AM ET)
Atkore Implements Finance Team Rotation to Support Company's Growth and Development
Business Wire (Thu, 1-Feb 5:00 PM ET)
Atkore Inc. Announces First Quarter 2024 Results
Business Wire (Thu, 1-Feb 6:00 AM ET)
Atkore Inc. Initiates Quarterly Dividend
Business Wire (Tue, 30-Jan 4:15 PM ET)
Atkore Inc is a diversified industrials company and a manufacturer of electrical, mechanical, and safety infrastructure solutions. Atkore has two business segments: electrical and safety and infrastructure. Net sales are highest in the electrical business line as well as in the United States. The key product categories in the electrical segment are PVC conduit, steel conduit, and PVC-coated conduit, which are staples for electrical distributors. The key product categories in the safety and infrastructure segment include in-line galvanized mechanical tube, metal framing and related fittings, and security bollards. Also, the company provides ancillary services to customers in the form of slitting and cutting structural steel sheets.
Atkore trades on the NYSE stock market under the symbol ATKR.
As of April 23, 2024, ATKR stock price climbed to $179.98 with 443,930 million shares trading.
ATKR has a beta of 1.59, meaning it tends to be more sensitive to market movements. ATKR has a correlation of 0.32 to the broad based SPY ETF.
ATKR has a market cap of $6.69 billion. This is considered a Mid Cap stock.
Last quarter Atkore reported $798 million in Revenue and $4.12 earnings per share. This beat revenue expectation by $22 million and exceeded earnings estimates by $.51.
In the last 3 years, ATKR stock traded as high as $194.98 and as low as $65.80.
The top ETF exchange traded funds that ATKR belongs to (by Net Assets): VTI, VB, IWM, VBR, VXF.
ATKR has outperformed the market in the last year with a price return of +42.6% while the SPY ETF gained +24.3%. ATKR has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +16.0% and -0.7%, respectively, while the SPY returned +4.9% and -2.5%, respectively.
ATKR support price is $169.55 and resistance is $177.53 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ATKR stock will trade within this expected range on the day.