What is KeyCorp’s Forecast for ATI FY2027 Earnings?

ATI Inc. (NYSE:ATI) – Analysts at KeyCorp lifted their FY2027 earnings per share (EPS) estimates for ATI in a research report issued to clients and investors on Tuesday, January 13th. KeyCorp analyst P. Gibbs now forecasts that the basic materials company will post earnings of $5.05 per share for the year, up from their previous forecast of $4.90. KeyCorp has a “Overweight” rating and a $132.00 price objective on the stock. The consensus estimate for ATI’s current full-year earnings is $2.89 per share.

ATI (NYSE:ATI) last announced its quarterly earnings data on Tuesday, October 28th. The basic materials company reported $0.85 EPS for the quarter, beating 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 business had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.13 billion. During the same period in the previous year, the business posted $0.60 EPS. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. ATI has set its FY 2025 guidance at 3.150-3.21 EPS and its Q4 2025 guidance at 0.840-0.90 EPS.

A number of other analysts also recently issued reports on ATI. Deutsche Bank Aktiengesellschaft set a $98.00 price objective on ATI in a research report on Wednesday, October 8th. Weiss Ratings restated a “buy (b-)” rating on shares of ATI in a research report on Monday, December 29th. Alembic Global Advisors began coverage on ATI in a report on Thursday. They set an “overweight” rating and a $141.00 target price for the company. JPMorgan Chase & Co. boosted their price target on shares of ATI from $118.00 to $135.00 and gave the stock an “overweight” rating in a research note on Friday, December 19th. Finally, BTIG Research reissued a “buy” rating and set a $120.00 price target on shares of ATI in a research report on Wednesday, October 29th. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $117.75.

ATI Stock Performance

Shares of ATI stock opened at $124.31 on Friday. ATI has a one year low of $39.23 and a one year high of $127.11. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.18 and a current ratio of 2.50. The business’s 50 day moving average price is $108.66 and its 200 day moving average price is $92.16. The company has a market cap of $16.89 billion, a price-to-earnings ratio of 40.23, a PEG ratio of 1.19 and a beta of 1.02.

Institutional Trading of ATI

Institutional investors and hedge funds have recently modified their holdings of the business. True Wealth Design LLC increased its position in ATI by 642.9% during the fourth quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock worth $30,000 after buying an additional 225 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in shares of ATI by 79.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 386 shares of the basic materials company’s stock worth $33,000 after purchasing an additional 171 shares during the last quarter. Signaturefd LLC grew its holdings in shares of ATI by 117.7% during the second quarter. Signaturefd LLC now owns 381 shares of the basic materials company’s stock worth $33,000 after buying an additional 206 shares in the last quarter. Meeder Asset Management Inc. raised its position in shares of ATI by 2,010.0% in the third quarter. Meeder Asset Management Inc. now owns 422 shares of the basic materials company’s stock valued at $34,000 after buying an additional 402 shares during the last quarter. Finally, Prestige Wealth Management Group LLC purchased a new position in shares of ATI during the third quarter valued at approximately $34,000.

Insider Buying and Selling at ATI

In other news, Chairman Robert S. Wetherbee sold 60,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $98.34, for a total transaction of $5,900,400.00. Following the completion of the sale, the chairman owned 246,538 shares in the company, valued at $24,244,546.92. This represents a 19.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Timothy J. Harris sold 10,543 shares of the firm’s stock in a transaction 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 sale, the vice president owned 119,394 shares of the company’s stock, valued at $11,663,599.86. This trade represents a 8.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 158,630 shares of company stock worth $16,144,855 over the last 90 days. Corporate insiders own 1.10% of the company’s stock.

About ATI

Allegheny Technologies Incorporated (ATI) is a global manufacturer of specialty materials and complex components, serving aerospace, defense, oil and gas, chemical processing, medical and other industrial end markets. The company operates through two main segments: High Performance Materials & Components, which produces titanium and nickel-based alloys, stainless and specialty steels, and precision forgings; and Flat-Rolled Products, which supplies stainless steel, nickel and specialty alloy sheet, strip and precision-rolled plate.