ATKR Stock Recent News

Here is how Atkore Inc. (ATKR) and Hubbell (HUBB) have performed compared to their sector so far this year.

Atkore Inc. has outperformed during the pandemic, turning every $1.00 invested into more than $7.00. The company focuses on margin enhancements in the Electrical Equipment and Parts industry and has recently hiked its guidance. Atkore's strategic focus, commitment to quality, and broad customer base contribute to its growth and impressive cash flow generation.

Here is how Atkore Inc. (ATKR) and Hubbell (HUBB) have performed compared to their sector so far this year.

Atkore, a "boring" stock in the electrical and safety infrastructure solutions industry, has outperformed the S&P and its returns have been quite "unexpected". The company has experienced significant revenue and EPS growth, driven by post-Covid pricing and improved operational cash flows. Atkore has returned value to shareholders through stock buybacks and acquisitions, and shareholders' share of the pie has been growing every year.

Atkore Inc. (NYSE:ATKR ) Q3 2023 Earnings Conference Call August 8, 2023 8:00 AM ET Company Participants William Waltz - President & CEO David Johnson - CFO John Deitzer - VP, Treasury & IR Conference Call Participants Chris Dankert - Loop Capital Markets Deane Dray - RBC Capital Markets Andy Kaplowitz - Citigroup Chris Moore - CJS Securities Operator Good morning. My name is Jean Louis, and I will be your conference operator today.

Atkore Inc. (ATKR) came out with quarterly earnings of $5.72 per share, beating the Zacks Consensus Estimate of $4.26 per share. This compares to earnings of $6.07 per share a year ago.

HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company”) (NYSE: ATKR), a leading provider of electrical, safety and infrastructure solutions, today announced that the Company will release its Third Quarter Fiscal Year 2023 results before the market opens on Tuesday, August 8, 2023. The Company will hold a conference call to discuss the results at 8:00 a.m. (ET) that same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investo.

Here is how Atkore Inc. (ATKR) and Eaton (ETN) have performed compared to their sector so far this year.

The mean of analysts' price targets for Atkore Inc. (ATKR) points to a 28.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?