ATI (NYSE:ATI) Issues FY 2025 Earnings Guidance

Key Points

• ATI has updated its FY 2025 earnings guidance, projecting earnings per share between $2.90 and $3.07, below the consensus estimate of $2.99.
• The company reported a higher-than-expected quarterly EPS of $0.74, exceeding estimates by $0.04, with a net margin of 8.93% for that quarter.
• Shares of ATI have a recent trading price of $94.10, with an average price target of $87.29 according to analysts, indicating a "Moderate Buy" rating.

ATI (NYSE:ATI - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 2.900-3.07 for the period, compared to the consensus EPS estimate of 2.990. The company issued revenue guidance of -. ATI also updated its Q3 2025 guidance to 0.690-0.75 EPS.

ATI Stock Performance

Shares of NYSE:ATI traded down $0.30 during trading on Friday, hitting $76.64. The company's stock had a trading volume of 3,712,953 shares, compared to its average volume of 1,815,700. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.52 and a quick ratio of 1.30. The firm has a market cap of $10.81 billion, a price-to-earnings ratio of 26.61, a P/E/G ratio of 1.02 and a beta of 1.20. The company has a 50-day moving average of $85.97 and a 200-day moving average of $67.39. ATI has a 12 month low of $39.23 and a 12 month high of $96.20.

ATI (NYSE:ATI - Get Free Report) last announced its earnings results on Thursday, July 31st. The basic materials company reported $0.74 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.02. The business had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.15 billion. ATI had a net margin of 9.26% and a return on equity of 21.34%. The firm's revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.60 earnings per share. On average, sell-side analysts expect that ATI will post 2.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on ATI shares. JPMorgan Chase & Co. upped their price target on ATI from $75.00 to $92.00 and gave the stock an "overweight" rating in a research report on Friday. Citigroup raised shares of ATI to a "positive" rating in a report on Tuesday, May 20th. KeyCorp downgraded shares of ATI from an "overweight" rating to a "sector weight" rating in a report on Tuesday, May 20th. Benchmark reissued a "buy" rating and issued a $81.00 price objective on shares of ATI in a research note on Monday, April 21st. Finally, Susquehanna lowered their target price on shares of ATI from $105.00 to $100.00 and set a "positive" rating on the stock in a research note on Friday. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $89.00.

Insider Activity

In related news, Chairman Robert S. Wetherbee sold 50,000 shares of the business's stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $83.93, for a total transaction of $4,196,500.00. Following the completion of the transaction, the chairman owned 356,538 shares in the company, valued at $29,924,234.34. The trade was a 12.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders have sold 195,359 shares of company stock valued at $15,103,486. 1.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ATI stock. Goldman Sachs Group Inc. boosted its stake in shares of ATI Inc. (NYSE:ATI - Free Report) by 49.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 633,948 shares of the basic materials company's stock after purchasing an additional 209,480 shares during the quarter. Goldman Sachs Group Inc. owned about 0.45% of ATI worth $32,984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.