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NYSE:ATI

ATI (ATI) Stock Price, News & Analysis

$60.53
+1.28 (+2.16%)
(As of 05/24/2024 07:00 PM ET)
Today's Range
$59.18
$60.66
50-Day Range
$47.87
$61.60
52-Week Range
$34.10
$62.44
Volume
1.19 million shs
Average Volume
1.34 million shs
Market Capitalization
$7.53 billion
P/E Ratio
24.31
Dividend Yield
N/A
Price Target
$61.00

ATI MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
0.8% Upside
$61.00 Price Target
Short Interest
Bearish
5.27% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.76
Upright™ Environmental Score
News Sentiment
0.78mentions of ATI in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
29.05%
From $2.41 to $3.11 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.82 out of 5 stars

Basic Materials Sector

136th out of 169 stocks

Steel Pipe & Tubes Industry

3rd out of 3 stocks

ATI stock logo

About ATI Stock (NYSE: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. The AA&S segment produces zirconium and related alloys, including hafnium and niobium, nickel-based alloys, titanium and titanium-based alloys, and specialty alloys in a variety of forms, such as plate, sheet, and precision rolled strip products. It also provides hot-rolling conversion services, including carbon steel products. ATI Inc. serves to aerospace and defense, energy, automotive, construction and mining, food equipment and appliances, and medical markets. The company was formerly known as Allegheny Technologies Incorporated. ATI Inc. was incorporated in 1996 and is headquartered in Dallas, Texas.

ATI Stock Price History

ATI Stock News Headlines

Burry Just Sold Amazon, Replaced it With Alibaba, is He Right? (ATI)
Those looking to improve their risk/reward ratios within their portfolios can follow Michael Burry's lead out of Amazon and into Alibaba
3 Metal Stocks Setting Up for Double-Digit Growth
The U.S. economy is pivoting into a new path for the year. After briefly jumping into its first expansionary reading in more than a year and a half, the ISM manufacturing PMI index just fell back into contraction for April.
3 Metal Stocks Setting Up for Double-Digit Growth (ATI)
Three metal sector stocks are quickly becoming potential buy targets for investors looking for double-digit EPS growth in the middle of an uncertain economy
Closing Bell: Ati Airtest Technologies Inc down on Friday (AAT)
A Closer Look at 4 Analyst Recommendations For ATI
ATI (ATI) Gets a Buy from Barclays
Allegheny Technologies: Q1 Earnings Snapshot
ATI Stock Rises Despite Decline In Q1 Profit
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Today
5/27/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Steel pipe & tubes
Sub-Industry
Steel
CUSIP
01741R10
Employees
7,300
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$61.00
High Stock Price Target
$70.00
Low Stock Price Target
$53.00
Potential Upside/Downside
+0.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$410.80 million
Pretax Margin
6.93%

Debt

Sales & Book Value

Annual Sales
$4.17 billion
Cash Flow
$4.07 per share
Book Value
$11.60 per share

Miscellaneous

Free Float
123,134,000
Market Cap
$7.53 billion
Optionable
Optionable
Beta
1.17

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ATI Stock Analysis - Frequently Asked Questions

Should I buy or sell ATI stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ATI in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ATI shares.
View ATI analyst ratings
or view top-rated stocks.

What is ATI's stock price target for 2024?

5 Wall Street research analysts have issued 12-month price targets for ATI's stock. Their ATI share price targets range from $53.00 to $70.00. On average, they predict the company's share price to reach $61.00 in the next year. This suggests a possible upside of 0.8% from the stock's current price.
View analysts price targets for ATI
or view top-rated stocks among Wall Street analysts.

How have ATI shares performed in 2024?

ATI's stock was trading at $45.47 at the beginning of the year. Since then, ATI shares have increased by 33.1% and is now trading at $60.53.
View the best growth stocks for 2024 here
.

When is ATI's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our ATI earnings forecast
.

How were ATI's earnings last quarter?

ATI Inc. (NYSE:ATI) issued its earnings results on Tuesday, April, 30th. The basic materials company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.41 by $0.07. The basic materials company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. ATI had a trailing twelve-month return on equity of 23.72% and a net margin of 8.70%. The business's revenue for the quarter was up .5% on a year-over-year basis. During the same period last year, the company posted $0.49 EPS.

How will ATI's stock buyback program work?

ATI announced that its board has authorized a share repurchase program on Wednesday, November 29th 2023, which authorizes the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 2.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

What guidance has ATI issued on next quarter's earnings?

ATI issued an update on its FY 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share guidance of 2.300-2.600 for the period, compared to the consensus earnings per share estimate of 2.280. The company issued revenue guidance of -.

What is Robert S. Wetherbee's approval rating as ATI's CEO?

25 employees have rated ATI Chief Executive Officer Robert S. Wetherbee on Glassdoor.com. Robert S. Wetherbee has an approval rating of 92% among the company's employees. This puts Robert S. Wetherbee in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of ATI own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ATI investors own include Intel (INTC), Cisco Systems (CSCO), Bank of America (BAC), Micron Technology (MU), Ford Motor (F), NVIDIA (NVDA), AT&T (T), Bristol-Myers Squibb (BMY), Pfizer (PFE) and Chesapeake Energy (CHKAQ).

Who are ATI's major shareholders?

ATI's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Capital International Investors (12.38%), Vanguard Group Inc. (11.52%), Capital World Investors (2.28%), Allspring Global Investments Holdings LLC (1.22%), Allspring Global Investments Holdings LLC (1.22%) and Price T Rowe Associates Inc. MD (0.98%). Insiders that own company stock include Acquisition Sponsor I Fortress, Elliot S Davis, James C Diggs, Karl D Schwartz, Kevin B Kramer, Kevin B Kramer, Robert S Wetherbee and Timothy J Harris.
View institutional ownership trends
.

How do I buy shares of ATI?

Shares of ATI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does ATI have any subsidiaries?
The following companies are subsidiares of ATI: ALC Funding Corporation, ATI Flat Rolled Products Holdings LLC, ATI Ladish LLC, ATI Operating Holdings LLC, ATI Properties Inc., Addaero Manufacturing, Allegheny Ludlum LLC, Dynamic Flowform, Hanard Machine, J&L Specialty Steel, Ladish, Shanghai STAL Precision Stainless Steel Company Limited (1), TDY Holdings LLC, TDY Holdings Limited, and TDY Industries LLC.
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This page (NYSE:ATI) was last updated on 5/27/2024 by MarketBeat.com Staff

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