ATI - ATI Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ATI in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ATI shares.
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6 Wall Street analysts have issued 1 year target prices for ATI's shares. Their ATI share price forecasts range from $23.00 to $37.00. On average, they predict the company's stock price to reach $30.57 in the next twelve months. This suggests a possible upside of 1.2% from the stock's current price.
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ATI's stock was trading at $15.93 at the beginning of 2022. Since then, ATI stock has increased by 89.6% and is now trading at $30.20.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
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ATI Inc. (NYSE:ATI) released its quarterly earnings data on Wednesday, November, 2nd. The basic materials company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.01. The basic materials company earned $1.03 billion during the quarter, compared to analysts' expectations of $936.80 million. ATI had a net margin of 0.67% and a trailing twelve-month return on equity of 28.25%. The company's revenue for the quarter was up 42.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.05 earnings per share.

ATI declared that its Board of Directors has approved 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 repurchase up to 5.4% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board believes its stock is undervalued.

ATI issued an update on its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of $0.49-$0.55 for the period, compared to the consensus earnings per share estimate of $0.59. 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 a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.09%), Alliancebernstein L.P. (5.72%), State Street Corp (5.19%), Dimensional Fund Advisors LP (2.15%), Fisher Asset Management LLC (1.94%) and Barrow Hanley Mewhinney & Strauss LLC (1.88%). 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.
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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.
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One share of ATI stock can currently be purchased for approximately $30.20.

ATI (NYSE:ATI) has a market capitalization of $3.91 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 $0.11 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.