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The price of Atkore Inc (NYSE: ATKR) closed at $87.06 in the last session, down -1.53% from day before closing price of $88.41. In other words, the price has decreased by -$1.53 from its previous closing price. On the day, 0.86 million shares were traded. ATKR stock price reached its highest trading level at $88.44 during the session, while it also had its lowest trading level at $86.13.
Ratios:
We take a closer look at ATKR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.99. For the most recent quarter (mrq), Quick Ratio is recorded 2.03 and its Current Ratio is at 3.26. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.58.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on August 07, 2024, Downgraded its rating to Sector Perform and sets its target price to $100 from $175 previously.
On July 10, 2024, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $175.
On December 13, 2022, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $146.B. Riley Securities initiated its Buy rating on December 13, 2022, with a $146 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 04 ’24 when DAVID P JOHNSON bought 9,566 shares for $87.13 per share.
DAVID P JOHNSON bought 2,000 shares of ATKR for $180,064 on Sep 03 ’24. On Aug 20 ’24, another insider, DAVID P JOHNSON, who serves as the Former Officer of the company, bought 13,930 shares for $96.37 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ATKR now has a Market Capitalization of 3122380800 and an Enterprise Value of 3788174592. As of this moment, Atkore’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.12, and their Forward P/E ratio for the next fiscal year is 7.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.95 while its Price-to-Book (P/B) ratio in mrq is 2.00. Its current Enterprise Value per Revenue stands at 1.154 whereas that against EBITDA is 4.561.
Stock Price History:
Over the past 52 weeks, ATKR has reached a high of $194.98, while it has fallen to a 52-week low of $87.90. The 50-Day Moving Average of the stock is -27.33%, while the 200-Day Moving Average is calculated to be -41.04%.
Shares Statistics:
According to the various share statistics, ATKR traded on average about 828.64K shares per day over the past 3-months and 663670 shares per day over the past 10 days. A total of 37.32M shares are outstanding, with a floating share count of 35.34M. Insiders hold about 1.46% of the company’s shares, while institutions hold 113.48% stake in the company. Shares short for ATKR as of 1723680000 were 4663144 with a Short Ratio of 5.63, compared to 1721001600 on 5741365. Therefore, it implies a Short% of Shares Outstanding of 4663144 and a Short% of Float of 17.349999999999998.
Dividends & Splits
The forward annual dividend rate for ATKR is 0.96, which was 0.64 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0072389995
