Brokerages Set ATI Inc. (NYSE:ATI) Price Target at $187.62

ATI Inc. (NYSE:ATI) has received an average recommendation of “Buy” from the ten ratings firms that are covering the firm, Marketbeat Ratings reports. Nine investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $232.00.

A number of equities analysts have commented on the stock. Weiss Ratings raised shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Wall Street Zen raised shares of ATI from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. KeyCorp upped their price target on shares of ATI from $211.00 to $258.00 and gave the company an “overweight” rating in a research note on Wednesday. Susquehanna raised their price objective on shares of ATI from $215.00 to $265.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. Finally, TD Cowen boosted their price objective on ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, July 13th.

Insiders Place Their Bets

In related news, CEO Kimberly A. Fields sold 31,757 shares of the business’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $190.99, for a total value of $6,065,269.43. Following the completion of the sale, the chief executive officer directly owned 125,564 shares in the company, valued at $23,981,468.36. The trade was a 20.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last ninety days, insiders sold 152,199 shares of company stock worth $28,232,700. Company insiders own 0.98% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Signature Equity Partners LLC boosted its position in shares of ATI by 208.5% in the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after acquiring an additional 123 shares during the period. CoreCap Advisors LLC bought a new position in ATI during the second quarter worth about $30,000. Torren Management LLC bought a new position in ATI during the fourth quarter worth about $52,000. Summit Securities Group LLC acquired a new stake in ATI in the 1st quarter worth about $60,000. Finally, Hollencrest Capital Management boosted its holdings in ATI by 283.1% in the 1st quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock valued at $66,000 after purchasing an additional 334 shares during the period.

ATI Price Performance

NYSE:ATI opened at $226.97 on Friday. ATI has a 12-month low of $70.42 and a 12-month high of $243.57. The firm has a market capitalization of $30.91 billion, a price-to-earnings ratio of 66.56, a P/E/G ratio of 1.39 and a beta of 0.98. The stock’s 50 day moving average price is $196.32 and its two-hundred day moving average price is $167.71. The company has a quick ratio of 1.14, a current ratio of 2.33 and a debt-to-equity ratio of 0.91.

ATI (NYSE:ATI) last issued its earnings results on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, topping the consensus estimate of $1.03 by $0.20. ATI had a return on equity of 29.27% and a net margin of 10.09%.The company 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 EPS. The firm’s revenue for the quarter was up 10.6% compared to the same quarter last year. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. On average, analysts anticipate that ATI will post 5.15 earnings per share for the current year.

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.