Atkore Inc [ATKR] stock prices are up 2.56% to $71.22 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ATKR shares have gain 11.06% over the last week, with a monthly amount drifted -12.98%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Atkore Inc [NYSE: ATKR] stock has seen the most recent analyst activity on February 10, 2025, when Loop Capital downgraded its rating to a Hold and also revised its price target to $65 from $115. Previously, ROTH MKM started tracking the stock with Buy rating on December 17, 2024, and set its price target to $100. On November 22, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $84 on the stock. RBC Capital Mkts downgraded its rating to a Sector Perform and decreased its price target to $100 on August 07, 2024. KeyBanc Capital Markets initiated its recommendation with a Overweight and recommended $175 as its price target on July 10, 2024. B. Riley Securities started tracking with a Buy rating for this stock on December 13, 2022, and assigned it a price target of $146. In a note dated October 19, 2022, Loop Capital initiated an Buy rating and provided a target price of $110 on this stock.
The stock price of Atkore Inc [ATKR] has been fluctuating between $62.62 and $194.98 over the past year. Currently, Wall Street analysts expect the stock to reach $112.33 within the next 12 months. Atkore Inc [NYSE: ATKR] shares were valued at $71.22 at the most recent close of the market. An investor can expect a potential return of 57.72% based on the average ATKR price forecast.
Analyzing the ATKR fundamentals
The Atkore Inc [NYSE:ATKR] reported sales of 3.07B for trailing twelve months, representing a drop of -17.14%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.25 and Total Capital is 0.21. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.61.
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 69.27 points at the first support level, and at 67.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 72.80, and for the 2nd resistance point, it is at 74.37.
Ratios To Look Out For
It’s worth pointing out that Atkore Inc [NYSE:ATKR]’s Current Ratio is 3.03. Further, the Quick Ratio stands at 1.96, while the Cash Ratio is 0.63. Considering the valuation of this stock, the price to sales ratio is 0.80, the price to book ratio is 1.63 and price to earnings (TTM) ratio is 6.90.
Transactions by insiders
Recent insider trading involved Lamps Mark F., Pres. Safety & Infrastructure, that happened on Feb 10 ’25 when 500.0 shares were sold. Officer, MARK LAMPS completed a deal on Feb 10 ’25 to buy 500.0 shares. Meanwhile, Director Isbell Jeri L sold 3353.0 shares on Dec 03 ’24.
