Atkore International Group (NYSE:ATKR) updated its FY18 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $1.95-2.15 for the period, compared to the Thomson Reuters consensus estimate of $1.91. Atkore International Group also updated its Q1 guidance to $0.42-0.48 EPS.

Several equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Atkore International Group from a sell rating to a hold rating in a research report on Thursday. Citigroup set a $26.00 price target on shares of Atkore International Group and gave the stock a buy rating in a research report on Thursday, November 30th. Royal Bank of Canada reaffirmed a buy rating and set a $23.00 price target on shares of Atkore International Group in a research report on Friday, October 13th. UBS Group began coverage on shares of Atkore International Group in a research report on Tuesday, January 23rd. They set a hold rating and a $23.00 price target on the stock. Finally, TheStreet raised shares of Atkore International Group from a d+ rating to a c- rating in a research report on Wednesday, November 29th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of Buy and an average target price of $24.00.

Atkore International Group (NYSE ATKR) opened at $21.45 on Thursday. Atkore International Group has a 1 year low of $15.05 and a 1 year high of $27.06. The company has a market cap of $1,352.99, a PE ratio of 15.13, a P/E/G ratio of 1.45 and a beta of 1.25. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.44 and a current ratio of 2.39.

Atkore International Group (NYSE:ATKR) last released its quarterly earnings results on Tuesday, February 6th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.09. Atkore International Group had a net margin of 5.97% and a return on equity of 28.03%. The business had revenue of $414.60 million for the quarter, compared to analyst estimates of $382.89 million. During the same period last year, the firm earned $0.28 earnings per share. Atkore International Group’s revenue for the quarter was up 22.8% compared to the same quarter last year. analysts anticipate that Atkore International Group will post 1.47 EPS for the current year.

In other Atkore International Group news, VP Kevin P. Fitzpatrick sold 154,806 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $22.13, for a total value of $3,425,856.78. Following the transaction, the vice president now directly owns 58,223 shares of the company’s stock, valued at approximately $1,288,474.99. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider John Patrick Williamson sold 5,352 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $20.00, for a total transaction of $107,040.00. Following the completion of the transaction, the insider now directly owns 170,907 shares in the company, valued at $3,418,140. The disclosure for this sale can be found here. Over the last three months, insiders sold 17,557,923 shares of company stock worth $382,032,981. Insiders own 68.80% of the company’s stock.

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About Atkore International Group

Atkore International Group Inc is a manufacturer of electrical raceway products. The Company’s products are primarily offered for non-residential construction and renovation markets, and mechanical products and solutions (MP&S) for the construction and industrial markets. The Company operates in two segments: Electrical Raceway and MP&S.

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