How to Buy Atkore Stock
Atkore Inc
Atkore is a electrical equipment & part company located in Illinois, United States, which is part of the Industrials sector, and is traded under the ticker ATKR on the NYSE exchange.
Atkore stock last closed at $86.17, up 3.42% from the previous day, and has decreased 41.06% in one year. It has underperformed other stocks in the Electrical Equipment & Parts industry by 0.65 percentage points. Atkore stock is currently +7.56% from its 52-week low of $80.11, and -55.81% from its 52-week high of $194.98.
At the moment, there are 35.86M ATKR shares outstanding. The market value of ATKR is $3.09B. In the last 24 hours, 648,630 ATKR shares were traded.
How to Buy Atkore Stock
Not sure how to invest in Atkore stock? Here's how.
- Choose where to buy Atkore stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Atkore stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your payment method and add your details.
- Evaluate Atkore stock: The Atkore ticker symbol is ATKR. Is Atkore stock a good investment? Should you buy shares of ATKR? How do ATKR's underlying business fundamentals look? Do top analysts think Atkore is a good buy? Why has ATKR's stock price moved recently? (Hint: Our stock research tools can help you figure out if ATKR is a good stock to buy).
- Place your ATKR trade: Decide if you will purchase ATKR shares at the current market price or use a limit order to purchase ATKR stock at a specific price.
- Get the latest news on your ATKR position: Create a watchlist to get live updates on your new investment in Atkore stock.
Step 1: Choose where to buy Atkore stock
You need a brokerage account in order to access the NYSE market and buy ATKR shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global financial markets: From Technology to Financial Services, New York to Tokyo — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you can buy ATKR today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create your new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have finished signing up on the highest rated stock app, you can securely and quickly fund your account:
Check out the video below if you need help transferring funds into your investment account.
Step 4: Evaluate Atkore stock
Once you have selected the best place to buy Atkore stock, it's crucial to research their stock before you invest, so you truly understand the risk as well as the upside.
Atkore Numbers
ATKR Due Diligence Checks
WallStreetZen was designed to help average investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on ATKR's stock page.
What is the fair value of ATKR stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ATKR's fair value.
Using relative valuations metrics:
- ATKR could be undervalued based on its P/E ratio of 5.97x, relative to Electrical Equipment & Parts industry P/E ratio of 44.6x
- ATKR could be undervalued based on its P/B ratio of 1.98x, relative to Electrical Equipment & Parts industry P/B ratio of 4.82x
You can access additional valuation research on ATKR's stock here.
ATKR Financial Health
Passed Financial Due Diligence Checks:
- ATKR earnings of $710.47M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the ATKR balance sheet.
- Total ATKR debt is lower than 5 years ago, relative to shareholder equity.
- ATKR's operating cash flow of $593.84M allows it to safely service it's debt of $921.03M.
- There are more short-term assets than long-term liabilities on the ATKR balance sheet.
Failed Financial Due Diligence Checks:
- ATKR has a relatively high debt to equity ratio of 0.9.
- ATKR profit margin has gone down from 20.9% to 16.5% in the past year.
Do analysts think it's a good time to buy Atkore stock
Out of 5 Wall Street analysts who research ATKR, the consensus analyst rating on ATKR is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Atkore stock forecast page.
Metrics for Advanced ATKR Traders
Is ATKR Making Money?
Last year, ATKR earnings were $540.68M. In the past 5 year, ATKR's earnings have grown by 40.67% per year. This was slower than the Electrical Equipment & Parts industry average of 47.18%.
Last year, ATKR revenue was $3.28B. During the last 5 year, ATKR's revenue has gone up by 11.65% per year. This was faster than the Electrical Equipment & Parts industry average of 7.72%.
Learn more about ATKR's earnings and revenue performance here.
Latest Insiders Trades at ATKR
In the past 12 months, executives and large shareholders at ATKR have sold more shares than they have bought.
Mark F. Lamps, Pres. Safety Infrastructure of ATKR, was the latest ATKR insider to sell. They sold $47,735.00 worth of ATKR stock on Aug 12, 2024.
Get more info about who owns ATKR stock here.
Does ATKR stock generate passive income?
Atkore pays a dividend of 1.11%, compared to the Electrical Equipment & Parts industry's average dividend yield of 1.1%. If you owned $1,000 of ATKR stock, you would have been paid $11.14 in the past 12 months.
Find more analysis about Atkore dividend yield and history here.
What others are saying about ATKR
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your ATKR trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount limit, place a limit order.
Click the Open button and eToro will place the order.
If you require more help investing in stocks on eToro, click the how to video below:
Step 6: Get the latest news on your ATKR position
Now that you own some ATKR stock, you'll want to stay up-to-date on your new investment.
Put ATKR on a watchlist to monitor your ATKR stock.
ATKR Feed
How to Buy Stock in Atkore
To summarize, here are the 6 steps to buy stock in Atkore:
- Choose where to buy Atkore stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Evaluate Atkore stock
- Place your ATKR trade
- Get the latest news on your ATKR position
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Atkore, add ATKR to your watchlist by clicking the button below.
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