KeyCorp Comments on ATI's FY2025 Earnings (NYSE:ATI)

ATI Inc. (NYSE:ATI - Free Report) - Research analysts at KeyCorp issued their FY2025 earnings estimates for shares of ATI in a research report issued to clients and investors on Tuesday, April 22nd. KeyCorp analyst P. Gibbs expects that the basic materials company will earn $2.82 per share for the year. KeyCorp currently has a "Overweight" rating and a $55.00 target price on the stock. The consensus estimate for ATI's current full-year earnings is $2.89 per share.

Several other research firms also recently issued reports on ATI. Benchmark reaffirmed a "buy" rating and set a $81.00 price objective on shares of ATI in a report on Monday. StockNews.com raised ATI from a "sell" rating to a "hold" rating in a research report on Thursday, February 6th. Susquehanna boosted their price objective on ATI from $70.00 to $73.00 and gave the stock a "positive" rating in a research report on Wednesday, February 5th. Finally, Barclays lifted their price target on ATI from $70.00 to $75.00 and gave the stock an "overweight" rating in a research report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, ATI presently has a consensus rating of "Moderate Buy" and a consensus target price of $73.29.

ATI Stock Up 4.1 %

Shares of ATI stock opened at $52.47 on Friday. ATI has a 12-month low of $39.23 and a 12-month high of $68.92. The company has a quick ratio of 1.32, a current ratio of 2.44 and a debt-to-equity ratio of 0.88. The stock has a 50 day moving average price of $51.70 and a two-hundred day moving average price of $56.13. The stock has a market capitalization of $7.40 billion, a P/E ratio of 20.58, a PEG ratio of 0.85 and a beta of 0.80.

ATI (NYSE:ATI - Get Free Report) last posted its earnings results on Tuesday, February 4th. The basic materials company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.19. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.07 billion. ATI had a return on equity of 21.16% and a net margin of 8.43%. The business's revenue was up 10.2% compared to the same quarter last year. During the same period last year, the company earned $0.64 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ATI. Capital World Investors raised its holdings in shares of ATI by 100.5% in the 4th quarter. Capital World Investors now owns 6,875,576 shares of the basic materials company's stock worth $378,432,000 after buying an additional 3,446,919 shares in the last quarter. Dendur Capital LP raised its stake in ATI by 601.7% during the fourth quarter. Dendur Capital LP now owns 3,567,000 shares of the basic materials company's stock worth $196,328,000 after acquiring an additional 3,058,628 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of ATI by 15.2% during the fourth quarter. Vanguard Group Inc. now owns 15,335,409 shares of the basic materials company's stock valued at $844,061,000 after acquiring an additional 2,020,313 shares during the period. Norges Bank acquired a new stake in shares of ATI in the 4th quarter valued at $85,047,000. Finally, Capital International Investors grew its holdings in shares of ATI by 5.4% in the 4th quarter. Capital International Investors now owns 15,901,561 shares of the basic materials company's stock worth $875,190,000 after purchasing an additional 817,182 shares during the last quarter.

Insider Buying and Selling

In other news, SVP Tina Killough Busch sold 9,900 shares of the stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $66.41, for a total value of $657,459.00. Following the completion of the transaction, the senior vice president now owns 25,994 shares in the company, valued at approximately $1,726,261.54. This represents a 27.58 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.10% of the stock is owned by company insiders.

ATI Company Profile

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.

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