Lumida
/ATKR
⌘K
Atkore Inc

Atkore Inc

ATKR
$94.15USD↓-0.01%-0.01 today

MARKET CAP

3.2B

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$94 – $94

52W RANGE

$54
$94

AI Summary

Stalk
StalkMedium

ATKR remains in a Stage 2 advancing phase supported by a strong parabolic continuation pattern and rising EMAs. However, price is meaningfully extended above the 9/20/50 EMAs with RSI in overbought territory, so execution is best deferred (Stalk) to await a shallow pullback into the EMA9/21 zone. Key risks include parabolic exhaustion, rejection at resistance, and a decisive break below intermediate EMA support.

  • ↑Q3 EPS of $1.92 beat estimates by 25% on $794.8M revenue.
  • ↑Prysmian’s $95/share bid values the deal at about $3.8B.
  • ↓Weak growth indicators cast doubt on future revenue expansion.
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Atkore Inc. (NASDAQ: ATKR) is a leading manufacturer of electrical conduit and cable management systems, serving the North American construction and industrial markets. The company positions itself at the forefront of electrification solutions, particularly with a focus on expanding its electrical product offerings to support data centers and other critical infrastructure projects. Atkore is recognized for its robust supply chain operations and innovative product developments, allowing it to capture significant market share in the growing electrification industry.

Bull says

  • ↑Q3 EPS of $1.92 beat estimates by 25% on $794.8M revenue.
  • ↑Prysmian’s $95/share bid values the deal at about $3.8B.
  • ↑Analysts lifted earnings forecasts, with at least one Strong Buy rating.
  • ↑Shares hit a 52-week high of $93.85, showing positive momentum.
  • ↑High sensitivity to oil prices supports demand amid rising energy costs.
  • ↑Strong financial profile per 2.19 Quality Score and 0.23% dividend yield.

Bear says

  • ↓Weak growth indicators cast doubt on future revenue expansion.
  • ↓Profitability margins remain under pressure, hinting at sustainability issues.
  • ↓Roth Capital downgraded to Neutral post-acquisition, reflecting skepticism.
  • ↓Elevated short interest signals prevailing investor caution about prospects.
  • ↓Acquisition integration risks linger; cost synergies and execution uncertain.
  • ↓Faces strong competition from Southwire and Schneider Electric in key markets.

Investment themes with ATKR

High Dividend Yield↓ -0.51%

Companies paying above-average dividends

AVGO · JPM · XOM
Infrastructure Development↓ -1.13%

DE · HWM · TT

Earnings Call · Q1 2024 · Mgmt. Guidance

Updated 02-06-2025neutral

Transcript signals

Bull points

  • volumes for the quarter were up 13%
  • declared our first quarterly dividend
  • Thank you, and good morning, everyone.

Bear points

  • January was light
  • Looking ahead, we expect Q2 to be softer than Q1 in terms of year-over-year volume percentage growth due to this timing of purchases at year-end and the recent severe weather conditions that have unfavorably impacted our January performance.
  • we expect Q2 to be softer than Q1 in terms of year-over-year volume percentage growth due to this timing of purchases at year-end and the recent severe weather conditions that have unfavorably impacted our January performance.
Read full transcript analysis ›