Atkore ATKR
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Atkore (ATKR) Business Model and Operations Summary
Atkore Inc is a diversified industrials company and a manufacturer of electrical, mechanical, and safety infrastructure solutions. Atkore has two business segments; Electrical and Safety and Infrastructure. Net sales are highest in the electrical business line. The key product categories in the electrical segment are PVC conduit, steel conduit, and PVC-coated conduit, which are staples for electrical distributors. The key product categories in the safety and infrastructure segment include in-line galvanized mechanical tubes, metal framing and related fittings, and security bollards. Also, the company provides ancillary services to customers in the form of slitting and cutting structural steel sheets. Geographically, the company derives its key revenue from the United States.
Key Insights
Atkore (ATKR) Core Market Data and Business Metrics
Latest Closing Price
$61.48Market Cap
$2.11 BillionPrice-Earnings Ratio
4.31Total Outstanding Shares
34.40 Million SharesTotal Employees
5,600Dividend
$0.32 Per Share QuarterlyIPO Date
June 10, 2016SIC Description
Miscellaneous Electrical Machinery, Equipment & SuppliesPrimary Exchange
New York Stock ExchangeHeadquarters
16100 South Lathrop Avenue, Harvey, IL, 60426
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 632,627 Shares | 3.73 | 3/14/2025 | 2,359,694 Shares |
| 718,542 Shares | 3 | 2/28/2025 | 2,158,009 Shares |
| 1,339,127 Shares | 1.38 | 2/14/2025 | 1,852,398 Shares |
| 454,623 Shares | 5.18 | 1/31/2025 | 2,352,739 Shares |
| 441,989 Shares | 5.66 | 1/15/2025 | 2,501,178 Shares |
| 477,402 Shares | 6.17 | 12/31/2024 | 2,944,531 Shares |
Cash Flow Statement
June 29, 2023 to June 28, 2024
| Metric | Value |
|---|---|
| Net Cash Flow, Continuing | $-12.87 Million |
| Net Cash Flow | $-14.15 Million |
| Net Cash Flow From Operating Activities, Continuing | $593.84 Million |
| Net Cash Flow From Investing Activities, Continuing | $-206.94 Million |
| Net Cash Flow From Financing Activities, Continuing | $-399.77 Million |
| Exchange Gains/Losses | $-1.28 Million |
Income Statement
June 29, 2023 to June 28, 2024
| Metric | Value |
|---|---|
| Diluted Earnings Per Share | $14.26 |
| Undistributed Earnings/Loss Allocated To Participating Securities, Basic | $7.51 Million |
| Other Operating Expenses | $56.93 Million |
| Income Tax Expense/Benefit | $135.14 Million |
| Costs And Expenses | $2.61 Billion |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $7.43 Million |
Comprehensive Income
June 29, 2023 to June 28, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss | $261.56 Million |
| Comprehensive Income/Loss | $537.89 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $2.13 Million |
| Comprehensive Income/Loss Attributable To Parent | $542.80 Million |
Balance Sheet
June 29, 2023 to June 28, 2024
| Metric | Value |
|---|---|
| Other Current Liabilities | $190.24 Million |
| Assets | $2.96 Billion |
| Inventory | $573.32 Million |
| Liabilities And Equity | $2.96 Billion |
| Noncurrent Assets | $1.44 Billion |
| Current Liabilities | $465.84 Million |
Historical Dividends
Current dividend: $0.32 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 30, 2025 | Feb 28, 2025 | Feb 18, 2025 | $0.32 | Quarterly |
| Nov 18, 2024 | Dec 16, 2024 | Dec 6, 2024 | $0.32 | Quarterly |
| Jul 31, 2024 | Aug 30, 2024 | Aug 20, 2024 | $0.32 | Quarterly |
| May 2, 2024 | May 31, 2024 | May 21, 2024 | $0.32 | Quarterly |
| Jan 30, 2024 | Mar 15, 2024 | Feb 27, 2024 | $0.32 | Quarterly |