Shares of ATI Inc. (NYSE:ATI – Get Free Report) have been given an average rating of “Buy” by the ten analysts that are presently covering the firm, MarketBeat.com reports. Nine analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $223.88.
Several brokerages recently issued reports on ATI. Wall Street Zen raised ATI from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. KeyCorp lowered their price target on ATI from $258.00 to $228.00 and set an “overweight” rating for the company in a report on Thursday, October 8th. TD Cowen boosted their price target on ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Wells Fargo & Company lowered their target price on shares of ATI from $275.00 to $240.00 and set an “overweight” rating for the company in a research note on Wednesday, September 30th. Finally, BTIG Research upped their price target on shares of ATI from $180.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, August 7th.
View Our Latest Analysis on ATI
ATI Trading Down 0.0%
ATI opened at $156.85 on Wednesday. The company has a current ratio of 2.33, a quick ratio of 1.14 and a debt-to-equity ratio of 0.91. The firm has a market cap of $21.36 billion, a price-to-earnings ratio of 46.00, a PEG ratio of 0.93 and a beta of 0.99. ATI has a 12 month low of $89.20 and a 12 month high of $243.57. The stock has a fifty day moving average price of $195.57 and a 200-day moving average price of $186.13.
ATI (NYSE:ATI – Get Free Report) last announced its earnings results on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.20. ATI had a net margin of 10.09% and a return on equity of 29.27%. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the previous year, the company posted $0.74 earnings per share. The firm’s revenue was up 10.6% on a year-over-year basis. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. As a group, equities research analysts anticipate that ATI will post 5.13 earnings per share for the current fiscal year.
Insider Activity at ATI
In related news, VP Timothy Harris sold 16,500 shares of the firm’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $193.06, for a total value of $3,185,490.00. Following the completion of the transaction, the vice president owned 97,187 shares in the company, valued at $18,762,922.22. This trade represents a 14.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director David Morehouse sold 2,485 shares of ATI stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $201.61, for a total value of $501,000.85. Following the sale, the director directly owned 35,826 shares of the company’s stock, valued at approximately $7,222,879.86. This represents a 6.49% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 117,587 shares of company stock valued at $24,111,631 in the last ninety days. Company insiders own 0.98% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Kingswood Wealth Advisors LLC purchased a new stake in ATI in the third quarter valued at approximately $215,000. Sigma Planning Corp increased its holdings in ATI by 73.6% in the 3rd quarter. Sigma Planning Corp now owns 8,565 shares of the basic materials company’s stock worth $1,622,000 after buying an additional 3,631 shares during the period. Signaturefd LLC raised its position in ATI by 11.8% during the 3rd quarter. Signaturefd LLC now owns 702 shares of the basic materials company’s stock worth $133,000 after buying an additional 74 shares during the last quarter. BG Investment Services LLC purchased a new position in ATI during the 3rd quarter worth approximately $8,511,000. Finally, Sowell Financial Services LLC acquired a new stake in shares of ATI in the third quarter worth $220,000.
About ATI
ATI Inc (NYSE: ATI) is a specialty materials and components manufacturer serving demanding applications in the aerospace and defense, medical, energy, and industrial markets. The company develops and produces materials designed to perform in high-temperature, high-strength, and corrosion-resistant environments.
Its products include nickel-based superalloys, titanium and titanium-based materials, specialty steels, precision-rolled materials, forgings, and other engineered components. These products are used in aircraft engines and airframes, defense systems, medical implants and devices, power-generation equipment, and other industrial applications.
ATI was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc The company serves customers in the United States and international markets through manufacturing and processing operations across North America and Europe.
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