On Friday, Atkore Inc (NYSE: ATKR) was 5.34% up from the session before settling in for the closing price of $85.14. A 52-week range for ATKR has been $76.01 – $194.98.
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Annual sales at Industrials sector company grew by 14.51% over the past five years. When this article was written, the company’s average yearly earnings per share was at -41.59%. With a float of $34.32 million, this company’s outstanding shares have now reached $34.86 million.
Let’s look at the performance matrix of the company that is accounted for 5600 employees. In terms of profitability, gross margin is 33.22%, operating margin of 19.51%, and the pretax margin is 18.34%.
Atkore Inc (ATKR) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Atkore Inc stocks. The insider ownership of Atkore Inc is 1.45%, while institutional ownership is 106.94%. 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) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 4.12 earnings per share (EPS) during the time that was better than consensus figure (set at 3.61) by 0.51. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -41.59% 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 34.97% growth over the previous five years of trading.
Atkore Inc (NYSE: ATKR) Trading Performance Indicators
You can see what Atkore Inc (ATKR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.03. Likewise, its price to free cash flow for the trailing twelve months is 8.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.63, a number that is poised to hit 1.59 in the next quarter and is forecasted to reach 9.79 in one year’s time.
Technical Analysis of Atkore Inc (ATKR)
Atkore Inc (NYSE: ATKR) saw its 5-day average volume 1.37 million, a positive change from its year-to-date volume of 0.64 million. As of the previous 9 days, the stock’s Stochastic %D was 39.44%. Additionally, its Average True Range was 4.50.
During the past 100 days, Atkore Inc’s (ATKR) raw stochastic average was set at 17.69%, which indicates a significant decrease from 46.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.34% in the past 14 days, which was higher than the 52.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $87.81, while its 200-day Moving Average is $130.41. Nevertheless, the first resistance level for the watch stands at $93.70 in the near term. At $97.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $101.94. If the price goes on to break the first support level at $85.46, it is likely to go to the next support level at $81.24. The third support level lies at $77.22 if the price breaches the second support level.
Atkore Inc (NYSE: ATKR) Key Stats
There are 35,865K outstanding shares of the company, which has a market capitalization of 3.30 billion. As of now, sales total 3,519 M while income totals 689,900 K. Its latest quarter income was 822,360 K while its last quarter net income were 123,420 K.
