ATI (NYSE:ATI) Releases FY25 Earnings Guidance

ATI (NYSE:ATI - Get Free Report) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $2.80-3.00 for the period, compared to the consensus earnings per share estimate of $2.92. ATI also updated its FY 2025 guidance to 2.800-3.000 EPS.

Analyst Ratings Changes

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

ATI Price Performance

Shares of ATI stock traded down $0.78 on Friday, hitting $62.73. 1,654,742 shares of the company's stock were exchanged, compared to its average volume of 1,519,570. ATI has a 12 month low of $39.71 and a 12 month high of $68.92. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.44 and a quick ratio of 1.44. The company has a 50 day moving average of $57.26 and a 200 day moving average of $60.23. The stock has a market cap of $8.95 billion, a P/E ratio of 24.60, a price-to-earnings-growth ratio of 1.69 and a beta of 1.10.

ATI (NYSE:ATI - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The basic materials company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.19. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.07 billion. ATI had a net margin of 8.43% and a return on equity of 21.16%. The company's revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.64 earnings per share. On average, equities research analysts predict that ATI will post 2.87 EPS for the current year.

Insider Transactions at ATI

In other ATI news, SVP Tina Killough Busch sold 2,598 shares of the company's stock in a transaction 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 owns 21,553 shares of the company's stock, valued at approximately $1,293,611.06. This represents a 10.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Robert S. Wetherbee sold 25,000 shares of the business's 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 transaction, the chairman now directly owns 436,443 shares in the company, valued at approximately $25,745,772.57. This trade represents a 5.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 37,498 shares of company stock worth $2,288,141. Company insiders own 0.71% 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.