On Tuesday, Atkore Inc (NYSE: ATKR) opened lower -19.56% from the last session, before settling in for the closing price of $79.72. Price fluctuations for ATKR have ranged from $76.01 to $194.98 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 14.51%. Company’s average yearly earnings per share was noted -42.10% at the time writing. With a float of $34.26 million, this company’s outstanding shares have now reached $34.86 million.
Let’s determine the extent of company efficiency that accounts 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) Breakdown of a Key Holders of the stock
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 1.33%, while institutional ownership is 107.53%. The most recent insider transaction that took place on Dec 03 ’24, was worth 315,270. In this transaction Director of this company sold 3,353 shares at a rate of $94.03, taking the stock ownership to the 25,585 shares. Before that another transaction happened on Dec 03 ’24, when Company’s Director proposed sale 3,353 for $94.03, making the entire transaction worth $315,270.
Atkore Inc (ATKR) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.56 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -42.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -10.70% during the next five years compared to 34.97% 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 1.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.70. Likewise, its price to free cash flow for the trailing twelve months is 5.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.63, a number that is poised to hit 2.08 in the next quarter and is forecasted to reach 9.49 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 1.35 million, which is a jump from its year-to-date volume of 0.66 million. As of the previous 9 days, the stock’s Stochastic %D was 12.14%. Additionally, its Average True Range was 4.13.
During the past 100 days, Atkore Inc’s (ATKR) raw stochastic average was set at 3.54%, which indicates a significant decrease from 5.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 92.84% in the past 14 days, which was higher than the 52.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $85.55, while its 200-day Moving Average is $110.61. However, in the short run, Atkore Inc’s stock first resistance to watch stands at $69.01. Second resistance stands at $73.88. The third major resistance level sits at $77.08. If the price goes on to break the first support level at $60.94, it is likely to go to the next support level at $57.74. Now, if the price goes above the second support level, the third support stands at $52.87.
Atkore Inc (NYSE: ATKR) Key Stats
There are currently 34,724K shares outstanding in the company with a market cap of 2.23 billion. Presently, the company’s annual sales total 3,202 M according to its annual income of 472,870 K. Last quarter, the company’s sales amounted to 788,300 K and its income totaled 73,120 K.
