ATI Inc. (NYSE:ATI – Get Free Report) has been given an average recommendation of “Buy” by the ten research firms that are presently covering the firm, Marketbeat.com reports. Nine research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $232.00.
Several equities analysts have recently commented on ATI shares. TD Cowen boosted their price target on shares of ATI from $170.00 to $210.00 and gave the company a “buy” rating in a report on Monday, July 13th. BTIG Research lifted their price objective on shares of ATI from $180.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $275.00 target price on shares of ATI in a research report on Monday, August 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $262.00 price target on shares of ATI in a report on Monday, August 10th. Finally, Wall Street Zen upgraded shares of ATI from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th.
Check Out Our Latest Report on ATI
Insider Activity
Institutional Investors Weigh In On ATI
A number of hedge funds have recently made changes to their positions in ATI. Signature Equity Partners LLC lifted its position in ATI by 208.5% during the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock worth $26,000 after buying an additional 123 shares in the last quarter. CoreCap Advisors LLC acquired a new position in shares of ATI during the second quarter worth approximately $30,000. Summit Securities Group LLC acquired a new position in shares of ATI during the first quarter worth approximately $60,000. Triumph Capital Management grew its stake in shares of ATI by 22.4% during the second quarter. Triumph Capital Management now owns 317 shares of the basic materials company’s stock valued at $62,000 after purchasing an additional 58 shares during the last quarter. Finally, Hollencrest Capital Management grew its stake in shares of ATI by 283.1% during the first quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock valued at $66,000 after purchasing an additional 334 shares during the last quarter.
ATI Price Performance
Shares of NYSE:ATI opened at $180.77 on Friday. The company’s fifty day moving average is $203.14 and its two-hundred day moving average is $180.87. The company has a market cap of $24.61 billion, a P/E ratio of 53.01, a price-to-earnings-growth ratio of 1.13 and a beta of 1.01. ATI has a 12-month low of $76.78 and a 12-month high of $243.57. The company has a quick ratio of 1.14, a current ratio of 2.33 and a debt-to-equity ratio of 0.91.
ATI (NYSE:ATI – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.20. ATI had a return on equity of 29.27% and a net margin of 10.09%.The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the business earned $0.74 EPS. The business’s revenue for the quarter was up 10.6% on a year-over-year basis. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. Equities analysts expect that ATI will post 5.11 earnings per share for the current fiscal year.
ATI Company Profile
ATI Inc (NYSE: ATI) is a specialty materials and components manufacturer serving aerospace and defense, medical, energy, transportation, and other demanding industrial markets. The company develops and produces advanced alloys and engineered materials designed to perform in high-temperature, corrosive, and high-stress environments.
ATI’s products include nickel-based superalloys, titanium and titanium-based materials, specialty stainless steels, zirconium and other specialty alloys. Its manufacturing capabilities also include precision forgings, castings, rolled products, and machined components used in aircraft engines, airframes, power-generation equipment, medical devices, and industrial applications.
The company was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc’s specialty metals operations and adopted the name ATI Inc in 2021.
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