Seaport Res Ptn Has Strong Estimate for ATI FY2025 Earnings

Key Points

• Seaport Res Ptn raised its FY2025 earnings estimate for ATI to $3.07 per share, up from a previous forecast of $3.02, with the consensus estimate at $2.89 per share.
• Recent analyst reports indicate a positive outlook for ATI, with BTIG Research giving a "buy" rating and a price target of $120.00, while JPMorgan increased its target from $75.00 to $92.00.
• Insider trading shows significant activity, with Chairman Robert S. Wetherbee selling 50,000 shares and Director David J. Morehouse selling 7,900 shares of ATI stock recently.

ATI Inc. (NYSE:ATI - Free Report) - Equities research analysts at Seaport Res Ptn boosted their FY2025 earnings per share estimates for shares of ATI in a report issued on Monday, August 11th. Seaport Res Ptn analyst R. Safran now expects that the basic materials company will post earnings of $3.07 per share for the year, up from their prior estimate of $3.02. The consensus estimate for ATI's current full-year earnings is $2.89 per share. Seaport Res Ptn also issued estimates for ATI's Q1 2026 earnings at $0.90 EPS and Q2 2027 earnings at $1.14 EPS.

Other analysts also recently issued reports about the company. BTIG Research set a $120.00 price objective on ATI and gave the company a "buy" rating in a report on Monday, August 4th. JPMorgan Chase & Co. boosted their price target on shares of ATI from $75.00 to $92.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Barclays increased 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. Benchmark restated a "buy" rating and set a $81.00 target price on shares of ATI in a report on Monday, April 21st. Finally, Deutsche Bank Aktiengesellschaft set a $115.00 target price on ATI and gave the company a "hold" rating in a research report on Tuesday, July 8th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, ATI currently has a consensus rating of "Moderate Buy" and a consensus price target of $93.29.

ATI Stock Performance

Shares of NYSE:ATI opened at $72.94 on Tuesday. The firm's 50 day simple moving average is $85.36 and its 200-day simple moving average is $68.14. 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 $10.05 billion, a PE ratio of 25.33, a price-to-earnings-growth ratio of 1.00 and a beta of 1.20.

ATI (NYSE:ATI - Get Free Report) last released 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. ATI had a return on equity of 21.34% and a net margin of 9.26%. The firm had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.15 billion. During the same quarter in the prior year, the firm posted $0.60 earnings per share. The company's quarterly revenue was up 4.1% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of ATI. Capital International Investors raised its position in ATI by 5.4% during the 4th quarter. Capital International Investors now owns 15,901,561 shares of the basic materials company's stock worth $875,190,000 after buying an additional 817,182 shares during the last quarter. Capital World Investors increased its stake in shares of ATI by 100.5% in the fourth quarter. Capital World Investors now owns 6,875,576 shares of the basic materials company's stock worth $378,432,000 after acquiring an additional 3,446,919 shares during the period. Invesco Ltd. raised its holdings in shares of ATI by 3.3% during the first quarter. Invesco Ltd. now owns 4,850,439 shares of the basic materials company's stock worth $252,368,000 after purchasing an additional 153,939 shares during the last quarter. Dendur Capital LP lifted its position in ATI by 601.7% during the fourth quarter. Dendur Capital LP now owns 3,567,000 shares of the basic materials company's stock valued at $196,328,000 after purchasing an additional 3,058,628 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in ATI by 0.4% during the fourth quarter. Ameriprise Financial Inc. now owns 3,155,477 shares of the basic materials company's stock valued at $173,677,000 after purchasing an additional 12,528 shares during the period.

Insider Activity at ATI

In other news, Chairman Robert S. Wetherbee sold 50,000 shares of the business's stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $74.66, for a total transaction of $3,733,000.00. Following the sale, the chairman directly owned 306,538 shares of the company's stock, valued at $22,886,127.08. The trade was a 14.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David J. Morehouse sold 7,900 shares of the firm's stock in a transaction 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 completion of the transaction, the director owned 44,777 shares of the company's stock, valued at $3,394,544.37. This trade represents a 15.00% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 203,259 shares of company stock valued at $16,026,385 over the last ninety days. 1.10% of the stock is currently owned by insiders.

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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