ATI Inc. (NYSE:ATI) Receives $90.86 Consensus Target Price from Analysts

ATI Inc. (NYSE:ATI) has received a consensus recommendation of “Moderate Buy” from the ten analysts that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $90.8571.

Several brokerages have commented on ATI. Barclays raised their price target on shares of ATI from $75.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, August 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of ATI in a report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft set a $98.00 price target on shares of ATI in a report on Wednesday, October 8th. Susquehanna lowered their price objective on shares of ATI from $105.00 to $100.00 and set a “positive” rating on the stock in a research report on Friday, August 1st. Finally, Zacks Research upgraded shares of ATI to a “hold” rating in a research report on Tuesday, August 12th.

Insider Buying and Selling

In related news, Chairman Robert S. Wetherbee sold 50,000 shares of ATI stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $74.66, for a total value of $3,733,000.00. Following the transaction, the chairman owned 306,538 shares in the company, valued at $22,886,127.08. This trade represents a 14.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David J. Morehouse sold 7,900 shares of ATI stock in a transaction on Monday, August 4th. The stock was sold at an average price of $75.81, for a total transaction of $598,899.00. Following the completion of the transaction, the director owned 44,777 shares in the company, valued at approximately $3,394,544.37. The trade was a 15.00% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 115,307 shares of company stock worth $8,934,571 in the last 90 days. 1.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On ATI

A number of hedge funds have recently modified their holdings of ATI. UMB Bank n.a. increased its position in shares of ATI by 86.2% in the first quarter. UMB Bank n.a. now owns 1,579 shares of the basic materials company’s stock valued at $82,000 after acquiring an additional 731 shares during the period. Farther Finance Advisors LLC increased its position in shares of ATI by 418.1% in the first quarter. Farther Finance Advisors LLC now owns 1,316 shares of the basic materials company’s stock valued at $69,000 after acquiring an additional 1,062 shares during the period. GAMMA Investing LLC increased its position in shares of ATI by 39.2% in the first quarter. GAMMA Investing LLC now owns 3,478 shares of the basic materials company’s stock valued at $181,000 after acquiring an additional 979 shares during the period. SG Americas Securities LLC increased its position in shares of ATI by 419.8% in the first quarter. SG Americas Securities LLC now owns 23,476 shares of the basic materials company’s stock valued at $1,221,000 after acquiring an additional 18,960 shares during the period. Finally, Fifth Third Bancorp increased its position in shares of ATI by 115.7% in the first quarter. Fifth Third Bancorp now owns 1,124 shares of the basic materials company’s stock valued at $58,000 after acquiring an additional 603 shares during the period.

ATI Stock Up 3.7%

ATI stock opened at $83.00 on Friday. ATI has a twelve month low of $39.23 and a twelve month high of $96.20. The firm has a 50 day moving average price of $77.48 and a 200-day moving average price of $74.72. The company has a market capitalization of $11.44 billion, a P/E ratio of 28.82, a P/E/G ratio of 1.19 and a beta of 1.29. The company has a quick ratio of 1.20, a current ratio of 2.52 and a debt-to-equity ratio of 0.92.

ATI (NYSE:ATI) last released its quarterly earnings data on Thursday, July 31st. The basic materials company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.72 by $0.02. The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.15 billion. ATI had a net margin of 9.26% and a return on equity of 21.34%. ATI’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period last year, the firm earned $0.60 EPS. ATI has set its FY 2025 guidance at 2.900-3.07 EPS. Q3 2025 guidance at 0.690-0.75 EPS. As a group, equities analysts predict that ATI will post 2.89 EPS for the current year.

About ATI

ATI Inc produces and sells specialty materials and complex 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, metallic powder alloys, 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.