Todays Report: Today: Atkore International Group Inc (ATKR) Scheduled to Post Quarterly Earnings on Tuesday

Today: Atkore International Group Inc (ATKR) Scheduled to Post Quarterly Earnings on Tuesday

Atkore International Group Inc (NASDAQ:ATKR) will announce its Q416 earnings results on Tuesday, November 29th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $423.05 million for the quarter.

Atkore International Group Inc (NASDAQ:ATKR) opened at 22.49 on Monday. The company’s 50-day moving average is $19.72 and its 200 day moving average is $17.95. Atkore International Group Inc has a 1-year low of $14.17 and a 1-year high of $22.49. The stock has a market capitalization of $1.40 billion and a PE ratio of 87.17.

Several institutional investors have recently bought and sold shares of the stock. Lord Abbett & CO. LLC purchased a new position in Atkore International Group during the second quarter valued at about $12,925,000. Penn Capital Management Co. Inc. purchased a new position in Atkore International Group during the second quarter valued at about $9,140,000. Citadel Advisors LLC purchased a new position in Atkore International Group during the second quarter valued at about $19,452,000. Marshall Wace LLP purchased a new position in Atkore International Group during the second quarter valued at about $5,378,000. Finally, Nomura Holdings Inc. purchased a new position in Atkore International Group during the second quarter valued at about $250,000.

ATKR has been the topic of several research analyst reports. Zacks Investment Research raised shares of Atkore International Group from a “hold” rating to a “strong-buy” rating and set a $22.00 target price on the stock in a research report on Tuesday, October 4th. Credit Suisse Group AG restated a “neutral” rating on shares of Atkore International Group in a research note on Tuesday, August 2nd. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $20.14.

About Atkore International Group

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