Atkore International Group Inc. Stock News

SAN DIEGO , Nov. 11, 2024 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Atkore Inc. (NYSE: ATKR), any of its executive officers, or others violated securities laws by misrepresenting or failing to timely disclose material information adverse to investors. The investigation focuses on investors' losses and whether they may be recovered under federal sec...

HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications, today announced that the Company will release its Fourth Quarter Fiscal Year 2024 results before the market opens on Thursday, November 21, 2024. The Company will hold a conference call to disc...

Atkore stock has recently experienced a significant price crash, presenting a potential buying opportunity for retail investors. Discounted Cash Flow analysis supports ATKR stock's undervaluation and highlights its long-term growth prospects. Despite certain risks, the recommendation is to buy, based on strong fundamentals and substantial upside potential.

HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications, today announced that John Deitzer, Chief Financial Officer, is scheduled to attend the 2024 RBC Capital Markets Global Industrials Conference on Wednesday, September 25, 2024. To learn more abo...

Atkore's shares have dropped significantly since June, but I see value based on the initial outlook for 2025, and a balanced capital allocation model. The company is seeing margin revert to normal after they rose spectacularly in a post-pandemic environment. Continued softness in pricing and demand, alongside an antitrust lawsuit, impacts the short-term outlook, but fundamental earnings support...

Valuation suggests Atkore is moderately undervalued, with potential upside of 27% based on continued aggressive buybacks and assuming market recovery from 2025 onwards. DMI indicates non-residential construction activity is going to increase over the coming 12 months, which will benefit ATKR. The Company's margins are expected to remain above pre-2020 levels due to increased electrical conduit ...

ATKR stock has lost almost half its value in the last 4 months, and is currently trading below its key moving averages. We examine some of the key drivers behind the ongoing weakness. We then touch upon a few reasons why investors can afford to be hopeful at this stage.

Call Start: 08:00 January 1, 0000 8:45 AM ET Atkore Inc. (NYSE:ATKR ) Q3 2024 Earnings Conference Call August 6, 2024 08:00 ET Company Participants Matthew Kline - Vice President of Treasury & Investor Relations Bill Waltz - President & Chief Executive Officer David Johnson - Chief Financial Officer Conference Call Participants Andrew Kaplowitz - Citigroup Alex Rygiel - B. Riley Deane Dray - RB...