S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
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Stock market today: Wall Street quiet after breaking more records; another bank reports trouble
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
China's manufacturing activity contracts for 5th straight month despite policy support
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Stock market today: Wall Street quiet after breaking more records; another bank reports trouble
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
China's manufacturing activity contracts for 5th straight month despite policy support
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Stock market today: Wall Street quiet after breaking more records; another bank reports trouble
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
China's manufacturing activity contracts for 5th straight month despite policy support
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Stock market today: Wall Street quiet after breaking more records; another bank reports trouble
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
China's manufacturing activity contracts for 5th straight month despite policy support
NYSE:ATI

ATI (ATI) Stock Price, News & Analysis

$49.18
+0.57 (+1.17%)
(As of 02/29/2024 ET)
Today's Range
$48.63
$49.85
50-Day Range
$38.56
$49.18
52-Week Range
$34.10
$49.85
Volume
1.99 million shs
Average Volume
1.62 million shs
Market Capitalization
$6.28 billion
P/E Ratio
19.59
Dividend Yield
N/A
Price Target
$52.80

ATI MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
7.4% Upside
$52.80 Price Target
Short Interest
Bearish
5.07% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.76
Upright™ Environmental Score
News Sentiment
0.30mentions of ATI in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$345,467 Sold Last Quarter
Proj. Earnings Growth
20.94%
From $2.34 to $2.83 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.

2.33 out of 5 stars

Basic Materials Sector

122nd out of 172 stocks

Steel Pipe & Tubes Industry

3rd out of 3 stocks


ATI stock logo

About ATI Stock (NYSE:ATI)

ATI Inc. manufactures and sells specialty materials and 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, 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 segment serves aerospace and defense, medical, and energy markets. 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. This segment offers its solutions to the energy, aerospace and defense, automotive, and electronics markets. The company was formerly known as Allegheny Technologies Incorporated. ATI Inc. was founded in 1960 and is headquartered in Dallas, Texas.

ATI Stock Price History

ATI Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Q4 2023 ATI Physical Therapy Inc Earnings Call
ATI Mar 2024 50.000 call
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Earnings Outlook For ATI Physical Therapy
ATI Names Kimberly Fields Chief Executive
ATI Elects Kimberly A. Fields as President and CEO
Keybanc Maintains Overweight Rating for ATI: Here's What You Need To Know
ATI Physical Therapy, Inc. (ATIPW)
ATI Oct 2024 42.500 call
ATI Mar 2024 32.500 call
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Today
3/01/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Steel pipe & tubes
Sub-Industry
Steel
CUSIP
01741R10
Employees
6,700
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$52.80
High Stock Price Target
$56.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+7.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$410.80 million
Pretax Margin
7.07%

Debt

Sales & Book Value

Annual Sales
$4.17 billion
Cash Flow
$4.12 per share
Book Value
$11.59 per share

Miscellaneous

Free Float
126,874,000
Market Cap
$6.28 billion
Optionable
Optionable
Beta
1.18

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ATI Stock Analysis - Frequently Asked Questions

Should I buy or sell ATI stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ATI in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research 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?

4 brokerages have issued 1-year price targets for ATI's stock. Their ATI share price targets range from $50.00 to $56.00. On average, they anticipate the company's stock price to reach $52.80 in the next year. This suggests a possible upside of 7.4% 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 on January 1st, 2024. Since then, ATI shares have increased by 8.2% and is now trading at $49.18.
View the best growth stocks for 2024 here
.

Are investors shorting ATI?

ATI saw a increase in short interest in February. As of February 15th, there was short interest totaling 6,380,000 shares, an increase of 21.8% from the January 31st total of 5,240,000 shares. Based on an average daily volume of 1,480,000 shares, the short-interest ratio is presently 4.3 days. Approximately 5.1% of the shares of the stock are short sold.
View ATI's Short Interest
.

When is ATI's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our ATI earnings forecast
.

How were ATI's earnings last quarter?

ATI Inc. (NYSE:ATI) announced its quarterly earnings data on Thursday, February, 1st. The basic materials company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.02. The basic materials company had revenue of $1.06 billion for the quarter, compared to analysts' expectations of $1.05 billion. ATI had a trailing twelve-month return on equity of 24.64% and a net margin of 8.81%. The business's revenue for the quarter was up 5.3% on a year-over-year basis. During the same period last year, the firm posted $0.53 EPS.

How will ATI's stock buyback program work?

ATI announced that its Board of Directors has approved a stock buyback plan on Wednesday, November 29th 2023, which permits the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 2.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

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

ATI updated its first quarter 2024 earnings guidance on Friday, February, 2nd. The company provided earnings per share (EPS) guidance of 0.360-0.440 for the period, compared to the consensus earnings per share estimate of 0.530. 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 institutional and retail investors. Top institutional investors include Capital International Investors (11.92%), Vanguard Group Inc. (11.14%), Frontier Capital Management Co. LLC (2.86%), Dimensional Fund Advisors LP (1.82%), Capital World Investors (1.55%) and Charles Schwab Investment Management Inc. (1.23%). 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.
Read More
This page (NYSE:ATI) was last updated on 3/1/2024 by MarketBeat.com Staff