ATI - ATI Stock Forecast, Price & News

6 Wall Street 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 analysts is that investors should "buy" ATI shares.
View ATI analyst ratings or view top-rated stocks.

6 Wall Street analysts have issued 12-month target prices for ATI's shares. Their ATI share price forecasts range from $23.00 to $37.00. On average, they expect the company's share price to reach $30.57 in the next year. This suggests a possible upside of 1.0% 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 90.0% and is now trading at $30.27.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our ATI earnings forecast.

ATI Inc. (NYSE:ATI) issued its earnings results on Wednesday, November, 2nd. The basic materials company reported $0.53 EPS 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 firm's revenue was up 42.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.05 earnings per share.

ATI declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, February 2nd 2022, which authorizes the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 5.4% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

ATI issued an update on its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of $0.49-$0.55 for the period, compared to the consensus EPS 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.
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 $30.27.

ATI (NYSE:ATI) has a market capitalization of $3.92 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.