ATI (ATI) Expected to Announce Earnings on Thursday

ATI (NYSE:ATI - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.58 per share and revenue of $1.07 billion for the quarter.

ATI (NYSE:ATI - Get Free Report) last announced its earnings results on Tuesday, February 4th. The basic materials company reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.19. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.07 billion. ATI had a net margin of 8.43% and a return on equity of 21.16%. The firm's revenue was up 10.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.64 earnings per share. On average, analysts expect ATI to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

ATI Stock Down 0.1 %

ATI stock traded down $0.08 during trading hours on Tuesday, reaching $53.77. The stock had a trading volume of 1,895,163 shares, compared to its average volume of 1,698,276. The company has a market cap of $7.58 billion, a price-to-earnings ratio of 21.09, a PEG ratio of 0.85 and a beta of 0.80. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.44 and a quick ratio of 1.32. The business's 50 day moving average price is $51.22 and its 200-day moving average price is $55.88. ATI has a 52 week low of $39.23 and a 52 week high of $68.92.

Insider Buying and Selling at ATI

In other ATI news, SVP Tina Killough Busch sold 9,900 shares of ATI stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $66.41, for a total value of $657,459.00. Following the completion of the transaction, the senior vice president now owns 25,994 shares of the company's stock, valued at approximately $1,726,261.54. The trade was a 27.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.10% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ATI shares. Barclays upped their price objective on shares of ATI from $70.00 to $75.00 and gave the company an "overweight" rating in a report on Monday, February 10th. Susquehanna upped their price objective on shares of ATI from $70.00 to $73.00 and gave the company a "positive" rating in a report on Wednesday, February 5th. Benchmark restated a "buy" rating and set a $81.00 price objective on shares of ATI in a report on Monday, April 21st. StockNews.com upgraded ATI from a "sell" rating to a "hold" rating in a research report on Thursday, February 6th. Finally, KeyCorp upgraded ATI from a "sector weight" rating to an "overweight" rating and set a $55.00 target price on the stock in a research report on Wednesday, April 23rd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $73.29.

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.