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

Shares of ATI Inc. (NYSE:ATI) have been assigned a consensus rating of “Moderate Buy” from the ten research firms that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $93.7143.

A number of research firms recently weighed in on ATI. JPMorgan Chase & Co. lifted their target price on shares of ATI from $75.00 to $92.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Deutsche Bank Aktiengesellschaft set a $98.00 price target on shares of ATI in a research note on Wednesday, October 8th. Barclays boosted their price target on shares of ATI from $75.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Zacks Research upgraded shares of ATI to a “hold” rating in a research note on Tuesday, August 12th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of ATI in a research note on Wednesday, October 8th.

ATI Stock Down 2.5%

ATI opened at $96.10 on Wednesday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.20 and a current ratio of 2.50. ATI has a fifty-two week low of $39.23 and a fifty-two week high of $103.64. The firm’s fifty day moving average is $82.83 and its 200 day moving average is $79.79. The stock has a market cap of $13.06 billion, a price-to-earnings ratio of 31.10, a price-to-earnings-growth ratio of 1.47 and a beta of 1.29.

ATI (NYSE:ATI) last released its earnings results on Tuesday, October 28th. The basic materials company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.10. ATI had a net margin of 9.71% and a return on equity of 23.34%. The company had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter in the previous year, the company earned $0.60 EPS. ATI’s revenue for the quarter was up 7.1% on a year-over-year basis. 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 forecast that ATI will post 2.89 earnings per share for the current fiscal year.

Insider Buying and Selling

In other ATI news, CEO Kimberly A. Fields sold 21,153 shares of the business’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $85.87, for a total value of $1,816,408.11. Following the sale, the chief executive officer owned 202,668 shares in the company, valued at $17,403,101.16. The trade was a 9.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last 90 days, insiders have sold 78,560 shares of company stock valued at $6,419,080. 1.10% of the stock is owned by insiders.

Institutional Trading of ATI

Several hedge funds have recently bought and sold shares of the stock. Teacher Retirement System of Texas bought a new position in ATI during the 1st quarter valued at about $1,243,000. Bank of New York Mellon Corp grew its holdings in ATI by 1.2% during the 1st quarter. Bank of New York Mellon Corp now owns 902,200 shares of the basic materials company’s stock valued at $46,941,000 after purchasing an additional 11,048 shares during the last quarter. Public Employees Retirement System of Ohio grew its holdings in ATI by 14.1% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 44,195 shares of the basic materials company’s stock valued at $3,816,000 after purchasing an additional 5,466 shares during the last quarter. Intech Investment Management LLC grew its holdings in ATI by 104.3% during the 1st quarter. Intech Investment Management LLC now owns 58,458 shares of the basic materials company’s stock valued at $3,042,000 after purchasing an additional 29,838 shares during the last quarter. Finally, Quarry LP grew its holdings in ATI by 216.6% during the 1st quarter. Quarry LP now owns 1,770 shares of the basic materials company’s stock valued at $92,000 after purchasing an additional 1,211 shares during the last quarter.

About ATI

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.