ATI Inc. (NYSE:ATI) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Shares of ATI Inc. have received an average rating of "Moderate Buy" from nine analysts, with three holding and six recommending a buy.
• The company's stock has an average price target of $93.29 among analysts, following various adjustments to price objectives by firms like Barclays and Deutsche Bank.
• ATI reported a net margin of 9.26% and a return on equity of 21.34% with Q2 earnings beating estimates, and has set a FY 2025 EPS guidance of 2.900-3.07.

Shares of ATI Inc. (NYSE:ATI - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the nine brokerages that are covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $93.2857.

A number of equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft set a $115.00 target price on ATI and gave the stock a "hold" rating in a research note on Tuesday, July 8th. Barclays lifted their price objective on ATI from $75.00 to $90.00 and gave the stock an "overweight" rating in a report on Monday, August 4th. JPMorgan Chase & Co. boosted their target price on ATI from $75.00 to $92.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. BTIG Research restated a "buy" rating and set a $120.00 target price on shares of ATI in a report on Friday, September 12th. Finally, Susquehanna lowered their target price on ATI from $105.00 to $100.00 and set a "positive" rating on the stock in a report on Friday, August 1st.

Insider Buying and Selling at ATI

In other news, Chairman Robert S. Wetherbee sold 50,000 shares of the company's stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $74.66, for a total transaction of $3,733,000.00. Following the sale, the chairman owned 306,538 shares of the company's stock, valued at approximately $22,886,127.08. This represents a 14.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Kimberly A. Fields sold 15,941 shares of the business's stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $77.52, for a total transaction of $1,235,746.32. Following the transaction, the chief executive officer owned 265,287 shares of the company's stock, valued at approximately $20,565,048.24. The trade was a 5.67% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 73,841 shares of company stock valued at $5,567,645 over the last quarter. 1.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On ATI

Several large investors have recently bought and sold shares of ATI. Woodline Partners LP boosted its stake in ATI by 132.0% in the fourth quarter. Woodline Partners LP now owns 991,741 shares of the basic materials company's stock valued at $54,585,000 after acquiring an additional 564,308 shares in the last quarter. Worldquant Millennium Advisors LLC purchased a new stake in shares of ATI in the fourth quarter valued at about $252,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of ATI by 2.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 597,174 shares of the basic materials company's stock valued at $32,868,000 after buying an additional 16,980 shares during the last quarter. Focus Partners Advisor Solutions LLC raised its holdings in shares of ATI by 1.3% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 51,169 shares of the basic materials company's stock valued at $2,816,000 after buying an additional 680 shares during the last quarter. Finally, Jefferies Financial Group Inc. raised its holdings in shares of ATI by 777.2% in the fourth quarter. Jefferies Financial Group Inc. now owns 88,600 shares of the basic materials company's stock valued at $4,877,000 after buying an additional 78,500 shares during the last quarter.

ATI Stock Up 0.3%

Shares of ATI stock traded up $0.20 during trading on Tuesday, reaching $80.68. The company's stock had a trading volume of 3,266,536 shares, compared to its average volume of 1,597,109. The company has a quick ratio of 1.20, a current ratio of 2.52 and a debt-to-equity ratio of 0.92. The company has a market cap of $11.12 billion, a price-to-earnings ratio of 28.02, a P/E/G ratio of 1.10 and a beta of 1.27. ATI has a 1-year low of $39.23 and a 1-year high of $96.20. The company has a 50-day simple moving average of $80.24 and a two-hundred day simple moving average of $71.29.

ATI (NYSE:ATI - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The basic materials company reported $0.74 earnings per share for the quarter, topping analysts' consensus estimates of $0.72 by $0.02. The firm had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.15 billion. ATI had a return on equity of 21.34% and a net margin of 9.26%.The business's quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.60 EPS. ATI has set its FY 2025 guidance at 2.900-3.07 EPS. Q3 2025 guidance at 0.690-0.75 EPS. As a group, equities analysts forecast that ATI will post 2.89 earnings per share for the current year.

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.