ATI (NYSE:ATI) Updates FY 2025 Earnings Guidance

ATI (NYSE:ATI - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 2.800-3.000 for the period, compared to the consensus EPS estimate of 2.900. The company issued revenue guidance of -. ATI also updated its FY25 guidance to $2.80-3.00 EPS.

ATI Price Performance

Shares of NYSE:ATI traded down $0.78 during midday trading on Friday, reaching $62.73. 1,119,864 shares of the company's stock traded hands, compared to its average volume of 1,526,071. The company has a market cap of $8.95 billion, a P/E ratio of 24.13, a PEG ratio of 1.52 and a beta of 1.10. The company has a fifty day simple moving average of $57.21 and a two-hundred day simple moving average of $60.22. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.44 and a current ratio of 2.94. ATI has a 1 year low of $39.71 and a 1 year high of $68.92.

ATI (NYSE:ATI - Get Free Report) last announced its earnings results on Tuesday, February 4th. The basic materials company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.19. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.07 billion. ATI had a net margin of 8.85% and a return on equity of 21.39%. During the same quarter last year, the business earned $0.64 earnings per share. The company's revenue for the quarter was up 10.2% compared to the same quarter last year. Equities analysts predict that ATI will post 2.28 EPS for the current fiscal year.

Analyst Ratings Changes

ATI has been the topic of a number of research analyst reports. KeyCorp lowered ATI from an "overweight" rating to a "sector weight" rating in a research note on Thursday, October 24th. Susquehanna lifted their target price on shares of ATI from $70.00 to $73.00 and gave the stock a "positive" rating in a research note on Wednesday. Finally, StockNews.com upgraded shares of ATI from a "sell" rating to a "hold" rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, ATI has a consensus rating of "Moderate Buy" and an average price target of $74.14.

Insiders Place Their Bets

In other news, Chairman Robert S. Wetherbee sold 25,000 shares of the stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $58.99, for a total value of $1,474,750.00. Following the completion of the sale, the chairman now owns 436,443 shares of the company's stock, valued at $25,745,772.57. This represents a 5.42 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Tina Killough Busch sold 2,598 shares of ATI stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $60.02, for a total transaction of $155,931.96. Following the sale, the senior vice president now directly owns 21,553 shares in the company, valued at approximately $1,293,611.06. The trade was a 10.76 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.05% of the company's stock.

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.