ATI Inc. (NYSE:ATI – Free Report) – KeyCorp issued their FY2025 earnings per share (EPS) estimates for ATI in a research report issued to clients and investors on Tuesday, April 22nd. KeyCorp analyst P. Gibbs expects that the basic materials company will earn $2.82 per share for the year. KeyCorp has a “Overweight” rating and a $55.00 price target on the stock. The consensus estimate for ATI’s current full-year earnings is $2.89 per share.
Several other research firms also recently weighed in on ATI. Barclays upped their price target on ATI from $70.00 to $75.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th. Benchmark reaffirmed a “buy” rating and issued a $81.00 price target on shares of ATI in a research report on Monday, April 21st. StockNews.com raised shares of ATI from a “sell” rating to a “hold” rating in a research report on Thursday, February 6th. Finally, Susquehanna upped their target price on shares of ATI from $70.00 to $73.00 and gave the stock a “positive” rating in a research note on Wednesday, February 5th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $73.29.
ATI Price Performance
Shares of ATI opened at $53.05 on Friday. The firm’s 50-day simple moving average is $51.52 and its two-hundred day simple moving average is $56.05. ATI has a fifty-two week low of $39.23 and a fifty-two week high of $68.92. The stock has a market cap of $7.48 billion, a PE ratio of 20.80, a price-to-earnings-growth ratio of 0.85 and a beta of 0.80. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.32 and a current ratio of 2.44.
ATI (NYSE:ATI – Get Free Report) last released its earnings results on Tuesday, February 4th. The basic materials company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.19. ATI had a net margin of 8.43% and a return on equity of 21.16%. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the prior year, the firm earned $0.64 EPS. The company’s revenue was up 10.2% compared to the same quarter last year.
Institutional Trading of ATI
Hedge funds have recently bought and sold shares of the stock. ORG Wealth Partners LLC purchased a new position in shares of ATI during the 4th quarter valued at about $25,000. Golden State Wealth Management LLC raised its stake in ATI by 104.1% during the 1st quarter. Golden State Wealth Management LLC now owns 596 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 304 shares during the period. Bessemer Group Inc. lifted its holdings in ATI by 139.9% during the first quarter. Bessemer Group Inc. now owns 662 shares of the basic materials company’s stock valued at $34,000 after purchasing an additional 386 shares in the last quarter. Fifth Third Bancorp increased its stake in shares of ATI by 115.7% in the first quarter. Fifth Third Bancorp now owns 1,124 shares of the basic materials company’s stock worth $58,000 after purchasing an additional 603 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of ATI by 418.1% during the 1st quarter. Farther Finance Advisors LLC now owns 1,316 shares of the basic materials company’s stock valued at $69,000 after purchasing an additional 1,062 shares during the period.
Insider Activity at ATI
In other news, SVP Tina Killough Busch sold 9,900 shares of the business’s stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $66.41, for a total transaction of $657,459.00. Following the completion of the sale, the senior vice president now owns 25,994 shares of the company’s stock, valued at $1,726,261.54. The trade was a 27.58 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.10% of the stock is owned by insiders.
ATI Company Profile
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.
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