Seaport Res Ptn Has Optimistic Outlook of ATI Q2 Earnings

Key Points

• Analysts at Seaport Res Ptn have increased their Q2 2025 earnings per share (EPS) estimate for ATI from $0.69 to $0.71, while the consensus estimate for the full year is $2.89 EPS.
• Multiple analysts have rated ATI with a consensus rating of "Moderate Buy" and an average target price of $87.29, with upgrades resulting in target prices as high as $115.00.
• Recent insider activity includes Chairman Robert S. Wetherbee selling 50,000 shares for approximately $3.4 million, reducing his stake in the company significantly.

ATI Inc. (NYSE:ATI - Free Report) - Equities researchers at Seaport Res Ptn raised their Q2 2025 EPS estimates for ATI in a research note issued on Monday, July 28th. Seaport Res Ptn analyst R. Safran now forecasts that the basic materials company will post earnings of $0.71 per share for the quarter, up from their prior estimate of $0.69. The consensus estimate for ATI's current full-year earnings is $2.89 per share. Seaport Res Ptn also issued estimates for ATI's Q3 2025 earnings at $0.75 EPS, Q4 2025 earnings at $0.86 EPS, FY2025 earnings at $3.02 EPS, Q2 2026 earnings at $0.91 EPS, Q3 2026 earnings at $0.93 EPS, Q4 2026 earnings at $1.07 EPS, FY2026 earnings at $3.80 EPS, Q1 2027 earnings at $1.04 EPS and FY2027 earnings at $4.56 EPS.

ATI (NYSE:ATI - Get Free Report) last announced its earnings results 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. 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 the consensus estimate of $1.15 billion. During the same quarter last year, the firm earned $0.60 earnings per share. ATI's quarterly revenue was up 4.1% on a year-over-year basis.

Several other research firms also recently weighed in on ATI. Benchmark reaffirmed a "buy" rating and issued a $81.00 price target on shares of ATI in a research note on Monday, April 21st. Citigroup raised shares of ATI to a "positive" rating in a research report on Tuesday, May 20th. KeyCorp downgraded shares of ATI from an "overweight" rating to a "sector weight" rating in a research report on Tuesday, May 20th. JPMorgan Chase & Co. boosted their target price on shares of ATI from $75.00 to $92.00 and gave the stock an "overweight" rating in a research report on Friday. Finally, BTIG Research set a $105.00 target price on shares of ATI and gave the stock a "buy" rating in a research report on Wednesday, May 28th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, ATI has a consensus rating of "Moderate Buy" and an average target price of $89.00.

ATI Stock Down 0.4%

ATI traded down $0.30 during midday trading on Wednesday, hitting $76.64. The company had a trading volume of 3,712,953 shares, compared to its average volume of 1,815,700. ATI has a 52 week low of $39.23 and a 52 week high of $96.20. The company has a quick ratio of 1.30, a current ratio of 2.52 and a debt-to-equity ratio of 0.92. The company has a market capitalization of $10.81 billion, a price-to-earnings ratio of 26.61, a PEG ratio of 1.02 and a beta of 1.20. The stock's 50 day moving average price is $85.97 and its 200 day moving average price is $67.32.

Insiders Place Their Bets

In other ATI news, Chairman Robert S. Wetherbee sold 50,000 shares of the business's stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $68.18, for a total value of $3,409,000.00. Following the transaction, the chairman directly owned 506,538 shares in the company, valued at $34,535,760.84. The trade was a 8.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 195,359 shares of company stock worth $15,103,486 in the last 90 days. 1.10% of the stock is currently owned by insiders.

Institutional Trading of ATI

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank bought a new position in shares of ATI in the 4th quarter worth $85,047,000. New Age Alpha Advisors LLC purchased a new stake in shares of ATI in the 4th quarter valued at $463,000. Pictet Asset Management Holding SA boosted its stake in shares of ATI by 11.2% in the 4th quarter. Pictet Asset Management Holding SA now owns 19,240 shares of the basic materials company's stock valued at $1,059,000 after purchasing an additional 1,941 shares in the last quarter. Schroder Investment Management Group boosted its stake in shares of ATI by 9.7% in the 4th quarter. Schroder Investment Management Group now owns 392,273 shares of the basic materials company's stock valued at $21,524,000 after purchasing an additional 34,838 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of ATI by 10.1% in the 4th quarter. Geode Capital Management LLC now owns 2,150,204 shares of the basic materials company's stock valued at $118,389,000 after purchasing an additional 197,270 shares in 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.