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

Key Points

• ATI Inc. has earned an average rating of "Moderate Buy" from nine brokerages, with three holding the stock and six issuing buy ratings.
• The company's current quarterly earnings exceeded expectations, reporting $0.74 earnings per share and a revenue of $1.14 billion, marking a 4.1% year-over-year increase.
• Insider transactions included significant sales by key executives, with Director David J. Morehouse selling 7,900 shares, representing a 15% decrease in his ownership.

Shares of ATI Inc. (NYSE:ATI - Get Free Report) have been assigned an average rating of "Moderate Buy" from the nine brokerages that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $93.2857.

ATI has been the subject of a number of recent analyst reports. Zacks Research upgraded ATI to a "hold" rating in a research report on Tuesday, August 12th. Citigroup upgraded ATI to a "positive" rating in a research report on Tuesday, May 20th. Susquehanna cut their price objective on ATI from $105.00 to $100.00 and set a "positive" rating for the company in a research report on Friday, August 1st. Deutsche Bank Aktiengesellschaft set a $115.00 price objective on ATI and gave the company a "hold" rating in a research report on Tuesday, July 8th. Finally, Barclays boosted their price objective on ATI from $75.00 to $90.00 and gave the company an "overweight" rating in a research report on Monday, August 4th.

ATI Stock Up 0.8%

Shares of ATI stock opened at $71.9070 on Friday. The stock has a 50 day moving average of $83.72 and a 200 day moving average of $68.84. The company has a current ratio of 2.52, a quick ratio of 1.20 and a debt-to-equity ratio of 0.92. The stock has a market cap of $9.91 billion, a P/E ratio of 24.97, a P/E/G ratio of 0.97 and a beta of 1.20. ATI has a twelve month low of $39.23 and a twelve month high of $96.20.

ATI (NYSE:ATI - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The basic materials company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.02. The company 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%.ATI's quarterly revenue was up 4.1% on a year-over-year basis. During the same period last year, the business earned $0.60 earnings per share. 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, sell-side analysts expect that ATI will post 2.89 EPS for the current year.

Insider Buying and Selling

In other news, Director David J. Morehouse sold 7,900 shares of ATI stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $75.81, for a total value of $598,899.00. Following the sale, the director directly owned 44,777 shares of the company's stock, 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 SEC, which is available at this link. 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 value of $3,733,000.00. Following the completion of the sale, the chairman directly owned 306,538 shares in the company, valued at $22,886,127.08. This represents a 14.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 157,900 shares of company stock valued at $12,610,399 over the last 90 days. Company insiders own 1.10% of the company's stock.

Institutional Trading of ATI

Institutional investors have recently made changes to their positions in the company. Signaturefd LLC boosted its stake in shares of ATI by 117.7% in the second quarter. Signaturefd LLC now owns 381 shares of the basic materials company's stock worth $33,000 after acquiring an additional 206 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in shares of ATI by 79.5% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 386 shares of the basic materials company's stock worth $33,000 after acquiring an additional 171 shares during the last quarter. WPG Advisers LLC acquired a new stake in shares of ATI in the first quarter worth approximately $29,000. Golden State Wealth Management LLC boosted its stake in shares of ATI by 104.1% in the first 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 last quarter. Finally, Bessemer Group Inc. boosted its stake in shares of ATI by 139.9% in the first quarter. Bessemer Group Inc. now owns 662 shares of the basic materials company's stock worth $34,000 after acquiring an additional 386 shares during the last quarter.

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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