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.
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7 brokerages 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 anticipate the company's stock price to reach $30.14 in the next year. This suggests a possible upside of 10.2% from the stock's current price.
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ATI's stock was trading at $15.93 at the start of the year. Since then, ATI shares have increased by 71.8% and is now trading at $27.36.
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ATI saw a increase in short interest in 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 daily volume of 1,520,000 shares, the short-interest ratio is currently 9.4 days.
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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) announced its quarterly earnings data on Thursday, August, 4th. The basic materials company reported $0.54 earnings per share for the quarter, topping analysts' consensus estimates of $0.37 by $0.17. The basic materials company had revenue of $959.50 million for the quarter, compared to the consensus estimate of $837.33 million. ATI had a net margin of 0.36% and a trailing twelve-month return on equity of 21.63%. ATI's quarterly revenue was up 55.7% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.12) EPS.

ATI declared that its board has approved a share 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 often a sign that the company's board of directors believes its stock is undervalued.

ATI updated 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 EPS 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."

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 $27.36.

ATI (NYSE:ATI) has a market capitalization of $3.55 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.