Atkore International Group (NYSE:ATKR) announced its quarterly earnings data on Thursday. The company reported $1.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.50, MarketWatch Earnings reports. Atkore International Group had a return on equity of 51.23% and a net margin of 8.05%. Atkore International Group updated its Q1 2021
Pre-Market guidance to 1.15-1.30 EPS and its FY 2021
Pre-Market guidance to 3.95-4.25 EPS.
Shares of Atkore International Group stock traded down $0.09 during trading on Friday, hitting $34.06. The stock had a trading volume of 5,727 shares, compared to its average volume of 394,616. Atkore International Group has a 12 month low of $10.85 and a 12 month high of $43.50. The company has a debt-to-equity ratio of 2.61, a current ratio of 3.29 and a quick ratio of 2.41. The firm’s fifty day simple moving average is $23.81 and its 200-day simple moving average is $25.94. The stock has a market cap of $1.61 billion, a PE ratio of 11.57 and a beta of 1.86.
In other news, insider Peter J. Lariviere sold 17,233 shares of Atkore International Group stock in a transaction on Monday, September 14th. The stock was sold at an average price of $25.93, for a total transaction of $446,851.69. Following the completion of the sale, the insider now directly owns 63,192 shares in the company, valued at $1,638,568.56. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Peter J. Lariviere sold 15,529 shares of the business’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $26.02, for a total transaction of $404,064.58. Following the sale, the insider now directly owns 63,192 shares of the company’s stock, valued at $1,644,255.84. The disclosure for this sale can be found here. Insiders have sold a total of 32,862 shares of company stock worth $853,506 over the last quarter. 1.78% of the stock is currently owned by insiders.
Atkore International Group Company Profile
Atkore International Group Inc manufactures and distributes electrical raceway products, and mechanical products and solutions (MP&S) in the United States and internationally. The company offers electrical raceway products, including electrical conduits and fittings, armored cables and fittings, and cable trays and mounting systems and fittings.
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