A new trading day began on Monday, with Atkore Inc (NYSE: ATKR) stock price down -4.24% from the previous day of trading, before settling in for the closing price of $61.50. ATKR’s price has ranged from $60.53 to $194.98 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 14.51% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -57.00%. With a float of $33.91 million, this company’s outstanding shares have now reached $34.40 million.
In an organization with 5600 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 30.8%, operating margin of 16.88%, and the pretax margin is 15.6%.
Atkore Inc (ATKR) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Electrical Equipment & Parts Industry. The insider ownership of Atkore Inc is 1.41%, while institutional ownership is 109.54%. The most recent insider transaction that took place on Feb 10 ’25, was worth 32,500. In this transaction Pres. Safety & Infrastructure of this company sold 500 shares at a rate of $65.00, taking the stock ownership to the 33,760 shares. Before that another transaction happened on Feb 10 ’25, when Company’s Officer proposed sale 500 for $65.46, making the entire transaction worth $32,730.
Atkore Inc (ATKR) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.72 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -57.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -19.52% during the next five years compared to 34.97% growth over the previous five years of trading.
Atkore Inc (NYSE: ATKR) Trading Performance Indicators
Here are Atkore Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.66. Likewise, its price to free cash flow for the trailing twelve months is 6.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.33, a number that is poised to hit 1.41 in the next quarter and is forecasted to reach 6.57 in one year’s time.
Technical Analysis of Atkore Inc (ATKR)
Let’s dig in a bit further. During the last 5-days, its volume was 0.79 million. That was better than the volume of 0.74 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 4.08%. Additionally, its Average True Range was 3.05.
During the past 100 days, Atkore Inc’s (ATKR) raw stochastic average was set at 0.85%, which indicates a significant decrease from 2.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.48% in the past 14 days, which was lower than the 54.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $77.02, while its 200-day Moving Average is $101.15. However, in the short run, Atkore Inc’s stock first resistance to watch stands at $61.52. Second resistance stands at $64.14. The third major resistance level sits at $65.66. If the price goes on to break the first support level at $57.38, it is likely to go to the next support level at $55.86. The third support level lies at $53.24 if the price breaches the second support level.
Atkore Inc (NYSE: ATKR) Key Stats
With a market capitalization of 2.03 billion, the company has a total of 34,724K Shares Outstanding. Currently, annual sales are 3,202 M while annual income is 472,870 K. The company’s previous quarter sales were 661,600 K while its latest quarter income was 46,340 K.
