ATI Inc. (NYSE:ATI – Free Report) – KeyCorp issued their FY2026 earnings estimates for ATI in a note issued to investors on Thursday, October 29th. KeyCorp analyst S. Mckinney forecasts that the basic materials company will post earnings per share of $5.29 for the year. KeyCorp currently has an “Overweight” rating and a $228.00 target price on the stock. The consensus estimate for ATI’s current full-year earnings is $5.20 per share. KeyCorp also issued estimates for ATI’s FY2027 earnings at $6.50 EPS.
Other equities analysts have also issued research reports about the company. Wall Street Zen raised ATI from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Susquehanna upped their price objective on ATI from $215.00 to $265.00 and gave the company a “positive” rating in a research note on Friday, August 7th. TD Cowen upped their price objective on ATI from $170.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Wells Fargo & Company dropped their target price on ATI from $275.00 to $240.00 and set an “overweight” rating on the stock in a report on Wednesday, September 30th. Finally, Weiss Ratings lowered ATI from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, October 29th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $221.38.
Get Our Latest Analysis on ATI
ATI Trading Down 0.8%
NYSE ATI opened at $178.96 on Thursday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.27 and a current ratio of 2.77. The firm has a market cap of $24.31 billion, a PE ratio of 44.74, a P/E/G ratio of 1.06 and a beta of 1.09. ATI has a one year low of $93.11 and a one year high of $243.57. The firm’s fifty day moving average is $188.46 and its two-hundred day moving average is $173.79.
ATI (NYSE:ATI – Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The basic materials company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.37 by $0.09. The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.32 billion. ATI had a net margin of 11.08% and a return on equity of 32.30%. ATI’s revenue for the quarter was up 26.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.85 EPS.
Institutional Trading of ATI
A number of institutional investors have recently modified their holdings of the business. BlackRock Inc. purchased a new position in ATI during the second quarter worth about $3,687,529,000. Bank of America Corp DE acquired a new stake in ATI in the 2nd quarter worth about $348,285,000. Arrowstreet Capital Limited Partnership grew its holdings in ATI by 231.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,203,726 shares of the basic materials company’s stock valued at $175,094,000 after buying an additional 840,455 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in ATI by 71.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 861,151 shares of the basic materials company’s stock valued at $164,600,000 after buying an additional 359,113 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in ATI in the 2nd quarter valued at about $168,996,000.
Insider Buying and Selling
In other ATI news, Director David J. Morehouse sold 2,485 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $201.61, for a total transaction of $501,000.85. Following the transaction, the director owned 35,826 shares in the company, valued at approximately $7,222,879.86. The trade was a 6.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Kimberly A. Fields sold 24,845 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $231.19, for a total value of $5,743,915.55. Following the transaction, the chief executive officer directly owned 100,719 shares of the company’s stock, valued at approximately $23,285,225.61. This trade represents a 19.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 85,830 shares of company stock valued at $18,046,361 over the last ninety days. Corporate insiders own 0.98% of the company’s stock.
ATI Company Profile
ATI Inc (NYSE: ATI) is a specialty materials and components manufacturer serving demanding applications in the aerospace and defense, medical, energy, and industrial markets. The company develops and produces materials designed to perform in high-temperature, high-strength, and corrosion-resistant environments.
Its products include nickel-based superalloys, titanium and titanium-based materials, specialty steels, precision-rolled materials, forgings, and other engineered components. These products are used in aircraft engines and airframes, defense systems, medical implants and devices, power-generation equipment, and other industrial applications.
ATI was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc The company serves customers in the United States and international markets through manufacturing and processing operations across North America and Europe.
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