$0.41 EPS Expected for Atkore International Group Inc. (ATKR); Caretrust Reit (CTRE) Sellers Increased By 31.11% Their Shorts

April 17, 2018 - By Ellis Scott

CareTrust REIT, Inc. (NASDAQ:CTRE) Logo

Analysts expect Atkore International Group Inc. (NYSE:ATKR) to report $0.41 EPS on May, 8 before the open.They anticipate $0.13 EPS change or 46.43% from last quarter’s $0.28 EPS. ATKR’s profit would be $19.02 million giving it 11.59 P/E if the $0.41 EPS is correct. After having $0.41 EPS previously, Atkore International Group Inc.’s analysts see 0.00% EPS growth. The stock increased 0.69% or $0.13 during the last trading session, reaching $19. About 42,109 shares traded. Atkore International Group Inc. (NYSE:ATKR) has declined 23.43% since April 17, 2017 and is downtrending. It has underperformed by 34.98% the S&P500.

Caretrust Reit Inc (NASDAQ:CTRE) had an increase of 31.11% in short interest. CTRE’s SI was 3.15 million shares in April as released by FINRA. Its up 31.11% from 2.40 million shares previously. With 849,100 avg volume, 4 days are for Caretrust Reit Inc (NASDAQ:CTRE)’s short sellers to cover CTRE’s short positions. The SI to Caretrust Reit Inc’s float is 4.2%. The stock increased 1.12% or $0.15 during the last trading session, reaching $13.56. About 177,733 shares traded. CareTrust REIT, Inc. (NASDAQ:CTRE) has declined 16.26% since April 17, 2017 and is downtrending. It has underperformed by 27.81% the S&P500.

Atkore International Group Inc. manufactures and distributes electrical raceway products in the United States and internationally. The company has market cap of $881.25 million. The companyÂ’s electrical raceway products include metal, polyvinyl chloride, and flexible electrical conduit and fittings; armored cable and fittings; and cable tray and cable ladders for the non-residential construction and renovation markets. It has a 13.39 P/E ratio. It also offers mechanical products and solutions comprising metal framing and fittings, mechanical pipes, flexible sprinkler drops, and barbed tapes, as well as construction services for the construction and industrial markets.

CareTrust REIT, Inc. is a real estate investment trust. The company has market cap of $1.03 billion. The firm invests in real estate markets of the United States. It has a 38.74 P/E ratio. It is engaged in the ownership, acquisition, development and leasing of seniors housing and healthcare-related properties.

Among 11 analysts covering Caretrust REIT (NASDAQ:CTRE), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Caretrust REIT had 29 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has “Hold” rating by BMO Capital Markets on Thursday, August 3. Cantor Fitzgerald initiated CareTrust REIT, Inc. (NASDAQ:CTRE) rating on Monday, March 5. Cantor Fitzgerald has “Buy” rating and $16.0 target. The company was maintained on Thursday, March 30 by Canaccord Genuity. The stock has “Buy” rating by KeyBanc Capital Markets on Friday, October 27. The rating was maintained by BMO Capital Markets on Monday, March 26 with “Hold”. KeyBanc Capital Markets maintained CareTrust REIT, Inc. (NASDAQ:CTRE) on Wednesday, August 23 with “Buy” rating. On Tuesday, March 6 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm has “Market Perform” rating given on Tuesday, July 26 by Wells Fargo. As per Monday, August 15, the company rating was maintained by Canaccord Genuity. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Tuesday, January 3.

Atkore International Group Inc. (NYSE:ATKR) Ratings Chart

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