Alliant Techsystems (ATK) to Release Earnings on Thursday
Alliant Techsystems (NYSE:ATK) is scheduled to release its Q414 earnings data on Thursday, May 15th. Analysts expect Alliant Techsystems to post earnings of $2.40 per share and revenue of $1.32 billion for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.
Shares of Alliant Techsystems (NYSE:ATK) opened at 150.02 on Wednesday. Alliant Techsystems has a one year low of $75.14 and a one year high of $158.13. The stock’s 50-day moving average is $142.7 and its 200-day moving average is $130.4. The company has a market cap of $4.774 billion and a price-to-earnings ratio of 15.37.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, June 26th. Investors of record on Monday, June 2nd will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date of this dividend is Thursday, May 29th.
A number of analysts have recently weighed in on ATK shares. Analysts at Argus raised their price target on shares of Alliant Techsystems from $165.00 to $178.00 in a research note on Thursday, May 8th. They now have a “buy” rating on the stock. On a related note, analysts at Barclays reiterated an “equal weight” rating on shares of Alliant Techsystems in a research note on Wednesday, April 30th. They now have a $160.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Alliant Techsystems from $147.00 to $158.00 in a research note on Wednesday, April 30th. They now have an “overweight” rating on the stock. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $154.58.
Alliant Techsystems Inc (NYSE:ATK) is an aerospace, defense, and commercial products company that operates in 22 states, Puerto Rico, and internationally.
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