ATI Inc. (NYSE:ATI) Given Average Recommendation of “Buy” by Brokerages

ATI Inc. (NYSE:ATI) has been assigned a consensus recommendation of “Buy” from the ten ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $164.3750.

Several research firms recently weighed in on ATI. JPMorgan Chase & Co. upped their price target on ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Susquehanna upped their price target on ATI from $155.00 to $185.00 and gave the company a “positive” rating in a research report on Friday, April 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $194.00 price target on shares of ATI in a research report on Friday, May 1st. Zacks Research downgraded ATI from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of ATI in a research note on Friday, May 22nd.

ATI Trading Up 0.3%

NYSE:ATI opened at $196.86 on Thursday. The company has a quick ratio of 1.17, a current ratio of 2.67 and a debt-to-equity ratio of 0.95. ATI has a 1-year low of $70.42 and a 1-year high of $203.60. The firm has a market capitalization of $26.86 billion, a price-to-earnings ratio of 65.18, a price-to-earnings-growth ratio of 1.69 and a beta of 0.96. The stock has a fifty day simple moving average of $166.41 and a 200 day simple moving average of $143.57.

ATI (NYSE:ATI) last posted its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.12. The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.ATI’s quarterly revenue was up .6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.72 earnings per share. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. Sell-side analysts forecast that ATI will post 4.43 earnings per share for the current year.

ATI declared that its Board of Directors has approved a share repurchase plan on Thursday, February 19th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the basic materials company to reacquire up to 2.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total value of $10,699,253.43. Following the transaction, the chief executive officer owned 218,014 shares in the company, valued at $39,039,766.98. The trade was a 21.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.98% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Capital International Investors grew its stake in ATI by 2.6% in the third quarter. Capital International Investors now owns 17,147,559 shares of the basic materials company’s stock valued at $1,394,349,000 after purchasing an additional 436,131 shares in the last quarter. Capital World Investors grew its stake in ATI by 15.8% in the third quarter. Capital World Investors now owns 7,900,572 shares of the basic materials company’s stock valued at $642,633,000 after purchasing an additional 1,080,201 shares in the last quarter. State Street Corp grew its stake in ATI by 7.4% in the third quarter. State Street Corp now owns 6,042,244 shares of the basic materials company’s stock valued at $491,476,000 after purchasing an additional 415,479 shares in the last quarter. Capital Research Global Investors grew its stake in ATI by 12.0% in the fourth quarter. Capital Research Global Investors now owns 3,611,724 shares of the basic materials company’s stock valued at $414,481,000 after purchasing an additional 386,754 shares in the last quarter. Finally, Invesco Ltd. grew its stake in ATI by 7.4% in the fourth quarter. Invesco Ltd. now owns 3,384,924 shares of the basic materials company’s stock valued at $388,454,000 after purchasing an additional 233,010 shares in the last quarter.

ATI Company Profile

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.