<div id="readability-page-1"><p><span>Atkore (NYSE:ATKR - Get Free Report)</span> had its price objective cut by analysts at Citigroup  from $78.00 to $66.00 in a research report issued on Monday,Benzinga reports. The firm presently has a &#34;neutral&#34; rating on the stock. Citigroup's price target points to a potential upside of 13.77% from the company's current price.</p><p>Several other analysts have also weighed in on the company. Roth Mkm started coverage on Atkore in a research note on Tuesday, December 17th. They set a &#34;buy&#34; rating and a $100.00 target price for the company. Roth Capital upgraded shares of Atkore to a &#34;strong-buy&#34; rating in a research report on Monday, December 16th. Loop Capital lowered Atkore from a &#34;buy&#34; rating to a &#34;hold&#34; rating and reduced their price objective for the stock from $115.00 to $65.00 in a research note on Monday, February 10th. Finally, KeyCorp decreased their price target on Atkore from $80.00 to $70.00 and set an &#34;overweight&#34; rating for the company in a research report on Tuesday, April 8th. Five analysts have rated the stock with a hold rating, two have issued  a buy rating and one  has issued  a strong buy rating to the stock. According to MarketBeat, the company  has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $81.17.</p><p><b>View Our Latest Analysis on ATKR</b></p><h2>Atkore Stock Performance</h2><p>Shares of NYSE ATKR remained flat at $58.01 during trading on Monday. The stock had a trading volume of 361,463 shares, compared to its average volume of 697,848. The stock has a 50 day simple moving average of $63.15 and a 200 day simple moving average of $78.46. Atkore has a 1-year low of $49.92 and a 1-year high of $185.42. The firm has a market capitalization of $2.01 billion, a PE ratio of 5.62 and a beta of 2.02. The company has a current ratio of 3.03, a quick ratio of 1.96 and a debt-to-equity ratio of 0.51. </p><p>Atkore (NYSE:ATKR - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $1.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.05 by $0.45. The business had revenue of $661.60 million during the quarter, compared to analyst estimates of $680.77 million. Atkore had a return on equity of 25.69% and a net margin of 12.42%. The business's revenue for the quarter was down 17.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.12 EPS.  On average, research analysts expect that  Atkore will post 5.79 earnings per share for the current year. </p><h2>Insider Transactions at Atkore</h2><p>In other news, insider Mark F. Lamps sold 500 shares of the business's stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $65.00, for a total transaction of $32,500.00. Following the completion of the sale, the insider now owns 33,760 shares in the company, valued at $2,194,400. The trade was a 1.46 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own  1.99% of the company's stock. </p><h2>Institutional Investors Weigh In On Atkore</h2><p>A number of large investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp raised its holdings in shares of  Atkore by 87.7% during the 4th quarter. Jones Financial Companies Lllp now owns 398 shares of the company's stock worth $33,000 after buying an additional 186 shares in the last quarter.  Versant Capital Management Inc raised its stake in  Atkore by 358.9% during the first quarter. Versant Capital Management Inc now owns 693 shares of the company's stock worth $42,000 after acquiring an additional 542 shares in the last quarter.  Pacer Advisors Inc. boosted its stake in shares of  Atkore by 30.2% in the 4th quarter. Pacer Advisors Inc. now owns 841 shares of the company's stock valued at $70,000 after purchasing an additional 195 shares in the last quarter.  Harbour Investments Inc. grew its holdings in shares of  Atkore by 3,333.3% during the 4th quarter. Harbour Investments Inc. now owns 1,030 shares of the company's stock valued at $86,000 after purchasing an additional 1,000 shares during the last quarter.  Finally, KBC Group NV grew its holdings in shares of  Atkore by 47.7% during the 4th quarter. KBC Group NV now owns 1,452 shares of the company's stock valued at $121,000 after purchasing an additional 469 shares during the last quarter. </p><h2>About Atkore</h2> (Get Free Report)<p>Atkore Inc engages in the manufacture and sale of electrical, mechanical, safety, and infrastructure products and solutions in the United States and internationally. The company offers conduits, cables, and installation accessories. It also designs and manufactures protection and reliability solutions for critical infrastructure, such as metal framing, mechanical pipe, perimeter security, and cable management.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Atkore</li><li>What Are Dividend Challengers?</li><li>Why NVIDIA Stock Could Soar Despite Wall Street Downgrades</li><li>What is the Dogs of the Dow Strategy? Overview and Examples</li><li>Top 3 Large Cap Stocks Insiders Bought in Q1: Buy, Sell, or Hold</li><li>ESG Stocks, What Investors Should Know</li><li>3 Hot New IPOs Defying the 2025 Market Slump</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFUS1I?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFUS1I"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Atkore Right Now?</h2><p>Before you consider Atkore, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Atkore wasn't on the list.</p><p>While Atkore currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ATKR

<p>Citigroup has lowered its price target for Atkore (NYSE:ATKR) from $78.00 to $66.00, maintaining a "neutral" rating. This new target suggests a potential upside of 13.77% from the current price. Other analysts have varied opinions, with Roth Mkm setting a "buy" rating at $100.00, while Loop Capital reduced their target to $65.00. Atkore's stock remained flat at $58.01, with a consensus rating of "Moderate Buy" and an average target price of $81.17. The company reported $1.50 EPS for the last quarter, exceeding estimates, but revenue was down 17.1% year-over-year.</p>

Atkore (NYSE:ATKR) Given New $66.00 Price Target at Citigroup