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Atkore Inc (NYSE: ATKR) closed the day trading at $86.32 down -1.83% from the previous closing price of $87.93. In other words, the price has decreased by -$1.83 from its previous closing price. On the day, 0.58 million shares were traded. ATKR stock price reached its highest trading level at $87.95 during the session, while it also had its lowest trading level at $86.32.
Ratios:
For a better understanding of ATKR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.92. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 11 ’24 when Lamps Mark F. sold 500 shares for $96.55 per share. The transaction valued at 48,275 led to the insider holds 27,626 shares of the business.
DAVID P JOHNSON bought 10,264 shares of ATKR for $884,138 on Sep 23 ’24. On Sep 04 ’24, another insider, DAVID P JOHNSON, who serves as the Former Officer of the company, bought 9,566 shares for $87.13 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 3095840768 and an Enterprise Value of 3713217280. As of this moment, Atkore’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.06, and their Forward P/E ratio for the next fiscal year is 7.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 1.98. Its current Enterprise Value per Revenue stands at 1.131 whereas that against EBITDA is 4.471.
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 $80.11. The 50-Day Moving Average of the stock is -1.59%, while the 200-Day Moving Average is calculated to be -34.26%.
Shares Statistics:
Over the past 3-months, ATKR traded about 625.73K shares per day on average, while over the past 10 days, ATKR traded about 823560 shares per day. A total of 37.32M shares are outstanding, with a floating share count of 35.34M. Insiders hold about 1.47% of the company’s shares, while institutions hold 104.14% stake in the company. Shares short for ATKR as of 1730332800 were 3571016 with a Short Ratio of 5.71, compared to 1727654400 on 4308505. Therefore, it implies a Short% of Shares Outstanding of 3571016 and a Short% of Float of 13.29.
Dividends & Splits
ATKR’s forward annual dividend rate is 0.96, up from 0.64 a year ago. Against a Trailing Annual Dividend Yield of 0.007278517
