An update from Atkore International Group ( (ATKR) ) is now available.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Atkore Inc. reported a challenging fiscal year 2024, with fourth-quarter net sales dropping by $81.6 million to $788.3 million and net income falling by $67.8 million to $73.1 million compared to the previous year. Despite these declines, Atkore maintained strong cash flow management and shareholder returns, repurchasing $381 million in shares and issuing dividends. Looking ahead, Atkore anticipates 2025 net sales between $2.9 to $3.2 billion and adjusted EBITDA ranging from $475 to $525 million, indicating a focus on strategic growth and capital allocation.
For a thorough assessment of ATKR stock, go to TipRanks’ Stock Analysis page.
