On Tuesday, Atkore Inc (NYSE: ATKR) opened lower -1.83% from the last session, before settling in for the closing price of $87.93. Price fluctuations for ATKR have ranged from $80.11 to $194.98 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 20.39% over the last five years. Company’s average yearly earnings per share was noted -25.35% at the time writing. With a float of $35.34 million, this company’s outstanding shares have now reached $37.32 million.
The firm has a total of 5600 workers. Let’s measure their productivity. In terms of profitability, gross margin is 34.99%, operating margin of 21.69%, and the pretax margin is 20.58%.
Atkore Inc (ATKR) Insider Activity
A key investor’s attitude towards the stock of the Electrical Equipment & Parts industry is another important factor to consider. The insider ownership of Atkore Inc is 1.47%, while institutional ownership is 104.14%. The most recent insider transaction that took place on Nov 11 ’24, was worth 48,275. In this transaction Pres. Safety & Infrastructure of this company sold 500 shares at a rate of $96.55, taking the stock ownership to the 27,626 shares. Before that another transaction happened on Sep 23 ’24, when Company’s Former Officer proposed sale 10,264 for $86.14, making the entire transaction worth $884,138.
Atkore Inc (ATKR) Earnings and Forecasts
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 surge by 10.00% during the next five years compared to 47.42% growth over the previous five years of trading.
Atkore Inc (NYSE: ATKR) Trading Performance Indicators
Check out the current performance indicators for Atkore Inc (ATKR). In the past quarter, the stock posted a quick ratio of 2.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.94. Likewise, its price to free cash flow for the trailing twelve months is 7.92.
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)
Analysing the last 5-days average volume posted by the [Atkore Inc, ATKR], we can find that recorded value of 0.6 million was lower than the volume posted last year of 0.62 million. As of the previous 9 days, the stock’s Stochastic %D was 7.29%. Additionally, its Average True Range was 3.56.
During the past 100 days, Atkore Inc’s (ATKR) raw stochastic average was set at 8.48%, which indicates a significant increase from 6.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.78% in the past 14 days, which was higher than the 51.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $87.72, while its 200-day Moving Average is $131.30. Now, the first resistance to watch is $87.44. This is followed by the second major resistance level at $88.57. The third major resistance level sits at $89.13. If the price goes on to break the first support level at $85.75, it is likely to go to the next support level at $85.19. Should the price break the second support level, the third support level stands at $84.06.
Atkore Inc (NYSE: ATKR) Key Stats
There are currently 35,865K shares outstanding in the company with a market cap of 3.10 billion. Presently, the company’s annual sales total 3,519 M according to its annual income of 689,900 K. Last quarter, the company’s sales amounted to 822,360 K and its income totaled 123,420 K.
