ATI - ATI Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ATI in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ATI shares.
View ATI analyst ratings or view top-rated stocks.

7 Wall Street research analysts have issued 1-year price targets for ATI's stock. Their ATI share price forecasts range from $23.00 to $37.00. On average, they anticipate the company's stock price to reach $30.14 in the next year. This suggests a possible upside of 6.8% from the stock's current price.
View analysts price targets for ATI or view top-rated stocks among Wall Street analysts.

ATI's stock was trading at $15.93 at the start of the year. Since then, ATI shares have increased by 77.2% and is now trading at $28.23.
View the best growth stocks for 2022 here.

ATI saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 14,240,000 shares, an increase of 5.5% from the August 15th total of 13,500,000 shares. Based on an average trading volume of 1,520,000 shares, the short-interest ratio is currently 9.4 days.
View ATI's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our ATI earnings forecast.

ATI Inc. (NYSE:ATI) posted its earnings results on Thursday, August, 4th. The basic materials company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.37 by $0.17. The basic materials company earned $959.50 million during the quarter, compared to analyst estimates of $837.33 million. ATI had a net margin of 0.36% and a trailing twelve-month return on equity of 21.63%. The company's revenue for the quarter was up 55.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.12) EPS.

ATI declared that its board has initiated a stock buyback program on Wednesday, February 2nd 2022, which authorizes the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 5.4% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.

ATI issued an update on its FY 2022 earnings guidance on Friday, September, 2nd. The company provided EPS guidance of $2.00-$2.14 for the period, compared to the consensus earnings per share estimate of $1.55. The company issued revenue guidance of -.

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.

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).

ATI trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATI."

ATI's stock is owned by many different retail and institutional investors. Top institutional investors include Driehaus Capital Management LLC (1.83%), Bowen Hanes & Co. Inc. (1.15%), Kennedy Capital Management Inc. (0.38%), Centre Asset Management LLC (0.26%), Wedge Capital Management L L P NC (0.20%) and New York State Teachers Retirement System (0.15%). Insiders that own company stock include Acquisition Sponsor I Fortress, Donald P Newman, Elliot S Davis, James C Diggs, Karl D Schwartz, Kevin B Kramer, Kevin B Kramer, Marianne Kah and Robert S Wetherbee.
View institutional ownership trends.

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

One share of ATI stock can currently be purchased for approximately $28.23.

ATI (NYSE:ATI) has a market capitalization of $3.67 billion and generates $2.80 billion in revenue each year. The basic materials company earns $-38,200,000.00 in net income (profit) each year or $0.04 on an earnings per share basis.

The company employs 6,300 workers across the globe.

ATI's mailing address is 1000 SIX PPG PLACE, PITTSBURGH PA, 15222. The official website for the company is www.atimetals.com. The basic materials company can be reached via phone at (412) 394-2800, via email at scott.minder@atimetals.com, or via fax at 412-394-3034.