ATKR Hits 20-Day Low Amid Strategic Review
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 20 Nov 25
Source: SeekingAlpha
Shares of Atkore Inc. (ATKR.N) declined sharply today, hitting a 20-day low as the company navigates a challenging financial landscape. The stock's recent downturn follows a disappointing quarterly earnings report, which revealed a significant earnings miss and a net loss of $54.42 million. This technical breakdown signals increased bearish momentum, exacerbated by ongoing pressure from activist investor Irenic Capital Management, which is advocating for a potential sale of the company. Despite announcing a quarterly dividend, investor sentiment remains cautious as Atkore's strategic review unfolds, with expectations for future updates on its sales process looming.
Analyst Views on ATKR
Wall Street analysts forecast ATKR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ATKR is 65.33 USD with a low forecast of 61.00 USD and a high forecast of 71.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
1 Buy
3 Hold
0 Sell
Hold
Current: 69.450
Low
61.00
Averages
65.33
High
71.00
Current: 69.450
Low
61.00
Averages
65.33
High
71.00
About ATKR
Atkore Inc. is a manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications. The Company’s segments include Electrical and Safety & Infrastructure. The Electrical segment manufactures products used in the construction of electrical power systems including conduit, cable and installation accessories. This segment serves contractors in partnership with the electrical wholesale channel. The Safety & Infrastructure segment designs and manufactures solutions including metal framing, mechanical pipe, perimeter security and cable management for the protection and reliability of critical infrastructure. These solutions are marketed to contractors, original equipment manufacturers, and end-users. It manufactures products in approximately 38 facilities and operates a total footprint of over 8.6 million square feet of manufacturing and distribution space in eight countries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
