ATI Inc. (NYSE:ATI) Receives Consensus Rating of “Moderate Buy” from Analysts

ATI Inc. (NYSE:ATI) has received a consensus rating of “Moderate Buy” from the ten research firms that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $103.00.

A number of research firms recently commented on ATI. KeyCorp upgraded shares of ATI from a “sector weight” rating to an “overweight” rating and set a $120.00 target price on the stock in a report on Thursday, November 13th. Susquehanna lifted their price target on shares of ATI from $100.00 to $120.00 and gave the stock a “positive” rating in a research report on Wednesday, October 29th. Zacks Research raised ATI to a “hold” rating in a report on Tuesday, August 12th. Weiss Ratings reissued a “buy (b-)” rating on shares of ATI in a research note on Wednesday, October 8th. Finally, Barclays lifted their target price on ATI from $75.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, August 4th.

ATI Trading Up 0.5%

Shares of ATI stock opened at $100.80 on Friday. The stock has a 50-day simple moving average of $90.24 and a 200 day simple moving average of $84.38. ATI has a fifty-two week low of $39.23 and a fifty-two week high of $103.64. The stock has a market capitalization of $13.70 billion, a P/E ratio of 32.62, a P/E/G ratio of 1.47 and a beta of 1.32. The company has a quick ratio of 1.20, a current ratio of 2.50 and a debt-to-equity ratio of 0.94.

ATI (NYSE:ATI) last issued its quarterly earnings results on Tuesday, October 28th. The basic materials company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.75 by $0.10. ATI had a net margin of 9.71% and a return on equity of 23.34%. The firm had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same period in the previous year, the business earned $0.60 earnings per share. ATI’s revenue for the quarter was up 7.1% compared to the same quarter last year. ATI has set its FY 2025 guidance at 3.150-3.21 EPS. Q4 2025 guidance at 0.840-0.90 EPS. On average, sell-side analysts expect that ATI will post 2.89 earnings per share for the current fiscal year.

Insider Buying and Selling

In other ATI news, SVP Tina Killough Busch sold 2,598 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $93.26, for a total value of $242,289.48. Following the completion of the transaction, the senior vice president directly owned 21,274 shares in the company, valued at $1,984,013.24. This trade represents a 10.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Timothy J. Harris sold 10,543 shares of ATI stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $97.69, for a total transaction of $1,029,945.67. Following the completion of the transaction, the vice president directly owned 119,394 shares in the company, valued at approximately $11,663,599.86. This trade represents a 8.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 183,328 shares of company stock worth $16,667,123. Company insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On ATI

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mutual of America Capital Management LLC increased its holdings in shares of ATI by 239.8% in the 1st quarter. Mutual of America Capital Management LLC now owns 73,415 shares of the basic materials company’s stock valued at $3,820,000 after purchasing an additional 51,808 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in ATI by 66.1% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 52,395 shares of the basic materials company’s stock valued at $2,726,000 after purchasing an additional 20,850 shares in the last quarter. LPL Financial LLC increased its stake in ATI by 18.5% in the 1st quarter. LPL Financial LLC now owns 56,808 shares of the basic materials company’s stock valued at $2,956,000 after buying an additional 8,876 shares during the period. GSA Capital Partners LLP purchased a new stake in ATI in the 1st quarter worth approximately $851,000. Finally, Alberta Investment Management Corp boosted its stake in shares of ATI by 24.2% during the 1st quarter. Alberta Investment Management Corp now owns 105,393 shares of the basic materials company’s stock valued at $5,484,000 after buying an additional 20,567 shares during the period.

ATI Company Profile

ATI Inc produces and sells specialty materials and complex components worldwide. It operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, metallic powder alloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts.