Atkore Inc (NYSE: ATKR) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Atkore Inc. Announces Participation at Upcoming Investor Conferences.

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Stocks Info

The company is listed on the NYSE and operates within the Electrical Equipment & Parts industry segment. The current market capitalization of Atkore Inc is $6.81B. A total of 0.87 million shares were traded on the day, compared to an average of 432.13K shares.

In the most recent transaction, Lowe LeAngela W. sold 6,500 shares of ATKR for 176.07 per share on Mar 14 ’24. After the transaction, the VP, Chief HR Officer now owns 25,590 company shares. In a previous transaction on Mar 13 ’24, Kershaw Justin A sold 1,099 shares at 171.77 per share. ATKR shares that Director owns now total 16,686.

Among the insiders who sold shares, Waltz William E Jr. disposed of 50,000 shares on Mar 04 ’24 at a per-share price of $173.85. This resulted in the President and CEO holding 83,716 shares of ATKR after the transaction. In another insider transaction, Kelly Daniel S sold 15,815 shares at $173.59 per share on Mar 04 ’24. Company shares held by the VP, General Counsel and Sec. now total 34,907.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Atkore Inc pays an annual dividend of $0.32, resulting in a dividend yield of 0.17%, and it has a price to earnings (P/E) ratio of 11.10. ATKR’s most recent ex-dividend date was 2/26/2024 when it declared a $0.32 quarterly dividend that was paid in cash on 3/15/2024.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, ATKR has a high of $194.98 and a low of $116.14.

As of this writing, ATKR has an earnings estimate of $3.67 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $3.7 per share and a lower estimate of $3.6. The company reported an EPS of $4.21 in the last quarter, which was 3.20% higher than expectations of $4.08.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ATKR’s latest balance sheet shows that the firm has $576.29M in Cash & Short Term Investments as of fiscal 2021. There were $800.41M in debt and $524.94M in liabilities at the time. Its Book Value Per Share was $40.71, while its Total Shareholder’s Equity was $864.74M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ATKR is Buy with a score of 4.25.

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