Atkore Inc (NYSE: ATKR) kicked off on Tuesday, up 0.14% from the previous trading day, before settling in for the closing price of $83.00. Over the past 52 weeks, ATKR has traded in a range of $82.69-$194.98.
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During the last 5-year period, the sales growth of Industrials Sector giant was 17.20%. While this was happening, its average annual earnings per share was recorded -25.35%. With a float of $35.34 million, this company’s outstanding shares have now reached $37.32 million.
Let’s determine the extent of company efficiency that accounts for 5600 employees. In terms of profitability, gross margin is 34.59%, operating margin of 21.69%, and the pretax margin is 20.58%.
Atkore Inc (ATKR) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Electrical Equipment & Parts Industry. The insider ownership of Atkore Inc is 1.46%, while institutional ownership is 113.43%. The most recent insider transaction that took place on Sep 04 ’24, was worth 833,509. Before that another transaction happened on Sep 03 ’24, when Company’s Former Officer proposed sale 2,000 for $90.03, making the entire transaction worth $180,064.
Atkore Inc (ATKR) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 4.21 earnings per share (EPS), higher than consensus estimate (set at 4.08) by 0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.75 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -25.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.51% during the next five years compared to 47.42% growth over the previous five years of trading.
Atkore Inc (NYSE: ATKR) Trading Performance Indicators
Take a look at Atkore Inc’s (ATKR) current performance indicators. Last quarter, stock had a quick ratio of 2.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.91. Likewise, its price to free cash flow for the trailing twelve months is 7.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.23, a number that is poised to hit 2.47 in the next quarter and is forecasted to reach 11.67 in one year’s time.
Technical Analysis of Atkore Inc (ATKR)
Looking closely at Atkore Inc (NYSE: ATKR), its last 5-days average volume was 0.71 million, which is a jump from its year-to-date volume of 0.62 million. As of the previous 9 days, the stock’s Stochastic %D was 6.12%. Additionally, its Average True Range was 3.89.
During the past 100 days, Atkore Inc’s (ATKR) raw stochastic average was set at 2.04%, which indicates a significant decrease from 9.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.67% in the past 14 days, which was lower than the 49.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $114.99, while its 200-day Moving Average is $146.45. However, in the short run, Atkore Inc’s stock first resistance to watch stands at $84.40. Second resistance stands at $85.69. The third major resistance level sits at $87.39. If the price goes on to break the first support level at $81.41, it is likely to go to the next support level at $79.71. Now, if the price goes above the second support level, the third support stands at $78.42.
Atkore Inc (NYSE: ATKR) Key Stats
The company with the Market Capitalisation of 2.98 billion has total of 36,430K Shares Outstanding. Its annual sales at the moment are 3,519 M in contrast with the sum of 689,900 K annual income. Company’s last quarter sales were recorded 822,360 K and last quarter income was 123,420 K.
