Currently, there are 34.86M common shares owned by the public and among those 34.26M shares have been available to trade.
The company’s stock has a 5-day price change of -20.93% and -25.22% over the past three months. ATKR shares are trading -23.15% year to date (YTD), with the 12-month market performance down to -56.63% lower. It has a 12-month low price of $76.01 and touched a high of $194.98 over the same period. ATKR has an average intraday trading volume of 626.46K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -22.65%, -25.04%, and -42.02% respectively.
Institutional ownership of Atkore Inc (NYSE: ATKR) shares accounts for 107.53% of the company’s 34.86M shares outstanding.
It has a market capitalization of $2.23B and a beta (3y monthly) value of 2.18. The stock’s trailing 12-month PE ratio is 5.08, while the earnings-per-share (ttm) stands at $12.63. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.51% over the week and 4.08% over the month.
Earnings per share for the fiscal year are expected to decrease by -42.10%, and 13.24% over the next financial year. EPS should shrink at an annualized rate of -10.70% over the next five years, compared to 34.97% over the past 5-year period.
Looking at the support for the ATKR, a number of firms have released research notes about the stock. ROTH MKM stated their Buy rating for the stock in a research note on December 17, 2024, with the firm’s price target at $100. B. Riley Securities coverage for the Atkore Inc (ATKR) stock in a research note released on November 22, 2024 offered a Neutral rating with a price target of $84. RBC Capital Mkts was of a view on August 07, 2024 that the stock is Sector Perform, while KeyBanc Capital Markets gave the stock Overweight rating on July 10, 2024, issuing a price target of $175. B. Riley Securities on their part issued Buy rating on December 13, 2022.
