A share price of Atkore Inc [ATKR] is currently trading at $142.20, up 1.83%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ATKR shares have gain 7.43% over the last week, with a monthly amount glided 1.33%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Atkore Inc [NYSE: ATKR] stock has seen the most recent analyst activity on July 10, 2024, when KeyBanc Capital Markets initiated its Overweight rating and assigned the stock a price target of $175. Previously, B. Riley Securities started tracking the stock with Buy rating on December 13, 2022, and set its price target to $146. On October 19, 2022, Loop Capital initiated with a Buy rating and assigned a price target of $110 on the stock. CJS Securities started tracking the stock assigning a Market Outperform rating and suggested a price target of $90 on March 18, 2021. Credit Suisse upgraded its rating to a Outperform but $54 remained the price target by the analyst firm on January 04, 2021. RBC Capital Mkts upgraded its rating to Outperform for this stock on November 25, 2020, and upped its price target to $46. In a note dated March 26, 2020, RBC Capital Mkts downgraded an Sector Perform rating on this stock and revised its target price from $44 to $22.
Atkore Inc experienced fluctuations in its stock price throughout the past year between $121.00 and $194.98. Currently, Wall Street analysts expect the stock to reach $175.2 within the next 12 months. Atkore Inc [NYSE: ATKR] shares were valued at $142.20 at the most recent close of the market. An investor can expect a potential return of 23.21% based on the average ATKR price forecast.
Analyzing the ATKR fundamentals
Trailing Twelve Months sales for Atkore Inc [NYSE:ATKR] were 3.38B which represents -11.50% decline. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.21, Equity is 0.42 and Total Capital is 0.31. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.5.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 139.92 points at the first support level, and at 137.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 145.36, and for the 2nd resistance point, it is at 148.51.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Atkore Inc [NYSE:ATKR] is 3.09. In addition, the Quick Ratio stands at 1.98 and the Cash Ratio stands at 0.72. Considering the valuation of this stock, the price to sales ratio is 1.53, the price to book ratio is 3.31 and price to earnings (TTM) ratio is 8.87.
Transactions by insiders
Recent insider trading involved James Wilbert W Jr, Director, that happened on Jun 03 ’24 when 599.0 shares were sold. Director, Zeffiro A Mark completed a deal on May 22 ’24 to sell 2000.0 shares. Meanwhile, Pres. Safety & Infrastructure Lamps Mark F. sold 500.0 shares on May 14 ’24.
