ATI Inc. (NYSE:ATI) Given Average Rating of "Moderate Buy" by Brokerages

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 received an average rating of "Moderate Buy" from the nine analysts that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $93.2857.

Several research analysts have recently commented on the stock. Citigroup raised shares of ATI to a "positive" rating in a research note on Tuesday, May 20th. BTIG Research reissued a "buy" rating and issued a $120.00 price objective on shares of ATI in a research note on Friday. Barclays raised their price objective on shares of ATI from $75.00 to $90.00 and gave the company an "overweight" rating in a research note on Monday, August 4th. Deutsche Bank Aktiengesellschaft set a $115.00 price target on shares of ATI and gave the stock a "hold" rating in a research note on Tuesday, July 8th. Finally, Susquehanna decreased their price target on shares of ATI from $105.00 to $100.00 and set a "positive" rating for the company in a research note on Friday, August 1st.

ATI Trading Up 1.6%

NYSE ATI opened at $77.39 on Tuesday. The firm has a 50 day simple moving average of $80.92 and a 200-day simple moving average of $70.85. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.20 and a current ratio of 2.52. ATI has a one year low of $39.23 and a one year high of $96.20. The firm has a market cap of $10.67 billion, a price-to-earnings ratio of 26.87, a PEG ratio of 1.04 and a beta of 1.27.

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

Insider Buying and Selling

In related news, Director David J. Morehouse sold 7,900 shares of ATI stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $75.81, for a total value of $598,899.00. Following the completion of the transaction, the director owned 44,777 shares in the company, valued at $3,394,544.37. The trade was a 15.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Robert S. Wetherbee sold 50,000 shares of ATI stock in a transaction that occurred 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 completion of the transaction, the chairman owned 306,538 shares of the company's stock, valued at $22,886,127.08. This represents a 14.02% decrease in their position. The disclosure for this sale can be found here. Insiders sold 73,841 shares of company stock worth $5,567,645 over the last 90 days. 1.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ATI. Norges Bank purchased a new position in ATI in the second quarter worth approximately $146,726,000. Forest Avenue Capital Management LP purchased a new stake in shares of ATI during the 1st quarter worth approximately $44,867,000. BNP Paribas Financial Markets lifted its position in shares of ATI by 552.7% during the 2nd quarter. BNP Paribas Financial Markets now owns 720,224 shares of the basic materials company's stock worth $62,184,000 after buying an additional 609,874 shares during the last quarter. Holocene Advisors LP purchased a new stake in shares of ATI during the 2nd quarter worth approximately $52,217,000. Finally, Woodline Partners LP lifted its position in shares of ATI by 132.0% during the 4th quarter. Woodline Partners LP now owns 991,741 shares of the basic materials company's stock worth $54,585,000 after buying an additional 564,308 shares during the last quarter.

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.

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