ATI (NYSE:ATI) Issues Earnings Results, Beats Expectations By $0.14 EPS

ATI (NYSE:ATI - Get Free Report) issued its earnings results on Thursday. The basic materials company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.14, Zacks reports. ATI had a net margin of 8.43% and a return on equity of 21.16%. The company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period in the prior year, the business posted $0.48 earnings per share. The firm's revenue for the quarter was up 9.7% compared to the same quarter last year. ATI updated its Q2 2025 guidance to 0.670-0.730 EPS and its FY 2025 guidance to 2.870-3.090 EPS.

ATI Stock Performance

Shares of ATI opened at $66.69 on Friday. ATI has a 1 year low of $39.23 and a 1 year high of $68.92. The company's 50 day simple moving average is $51.46 and its 200 day simple moving average is $55.89. The company has a market capitalization of $9.41 billion, a price-to-earnings ratio of 26.15, a PEG 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.

Insiders Place Their Bets

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

Analyst Ratings Changes

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

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