Atkore International Group Inc. Stock News

Atkore Inc. has faced a downward trend since mid-2024 due to pessimism in the construction and electrical industries and falling sales. Despite revenue drops, Atkore maintains strong pro-shareholder policies with dividends and share buybacks, showcasing resilience. A DCF valuation with conservative assumptions reveals significant upside potential, supported by a Price to Cash Flow ratio of 5.3x.

SAN DIEGO , Dec. 18, 2024 /PRNewswire/ -- Shareholder rights law firm Robbins LLP is investigating Atkore, Inc. (NYSE: ATKR) to determine whether certain Atkore officers and directors violated securities laws and breached fiduciary duties to shareholders. Atkore Inc. manufactures and sells electrical, safety, and infrastructure products in the United States and internationally.

SAN DIEGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Robbins LLP is investigating Atkore, Inc. (NASDAQ: ATKR) to determine whether certain Atkore officers and directors violated securities laws and breached fiduciary duties to shareholders. Atkore Inc. manufactures and sells electrical, safety, and infrastructure products in the United States and internationally.

Atkore's results have fallen sharply. But it looks worse than it really is, mainly because the peak from which it plunged was unusually high thanks to post-pandemic buying and the onset of the Fourth (automation-oriented). Interestingly, though, today's so-called bust looks a lot better than anything the company did pre-pandemic.

The stock price of Atkore (NYSE: ATKR), an electrical safety products' manufacturer, rose 5% on Friday, November 22. The company reported mixed results for the fourth quarter on November 21 while its outlook for fiscal 2025 was dismal.

Atkore Inc. (NYSE:ATKR ) Q4 2024 Earnings Conference Call November 21, 2024 8:00 AM ET Company Participants Matt Kline - Vice President, Treasury and Investor Relations Bill Waltz - President and Chief Executive Officer John Deitzer - Vice President and Chief Financial Officer Conference Call Participants David Tarantino - KeyBanc Capital Markets Deane Dray - RBC Chris Moore - CJS Securities Ch...

HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company” or “Atkore”) (NYSE: ATKR) announced earnings for its fiscal 2024 full year and fourth quarter ended September 30, 2024 (“fourth quarter”). “Atkore achieved annual volume growth of 3.5% with contributions from each of our key product categories in fiscal 2024,” said Bill Waltz, Atkore President and Chief Executive Officer. “Given the expe...

HARVEY, Ill.--(BUSINESS WIRE)--The Board of Directors of Atkore Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications, today declared a quarterly cash dividend of $0.32 per share of common stock payable on December 16, 2024, to stockholders of record on December 6, 2024. About Atkore I...