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NYSE:ATI

ATI (ATI) Stock Price, News & Analysis

$60.30
-3.58 (-5.60%)
(As of 09/3/2024 ET)
Today's Range
$60.09
$65.19
50-Day Range
$54.25
$67.70
52-Week Range
$35.03
$68.92
Volume
1.94 million shs
Average Volume
1.42 million shs
Market Capitalization
$7.50 billion
P/E Ratio
24.22
Dividend Yield
N/A
Price Target
$73.83

ATI MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
22.4% Upside
$73.83 Price Target
Short Interest
Healthy
4.13% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.76
Upright™ Environmental Score
News Sentiment
0.42mentions of ATI in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
27.82%
From $2.48 to $3.17 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.94 out of 5 stars

Basic Materials Sector

65th out of 179 stocks

Steel Pipe & Tubes Industry

1st out of 2 stocks

ATI stock logo

About ATI Stock (NYSE: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. The AA&S segment produces zirconium and related alloys, including hafnium and niobium, nickel-based alloys, titanium and titanium-based alloys, and specialty alloys in a variety of forms, such as plate, sheet, and precision rolled strip products. It also provides hot-rolling conversion services, including carbon steel products. ATI Inc. serves to aerospace and defense, energy, automotive, construction and mining, food equipment and appliances, and medical markets. The company was formerly known as Allegheny Technologies Incorporated. ATI Inc. was incorporated in 1996 and is headquartered in Dallas, Texas.

ATI Stock Price History

ATI Stock News Headlines

ATI To Buyback Up To $700 Mln Of Common Stock
Elon to Transform U.S. Economy?
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Elon to Transform U.S. Economy?
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
ATI Airtest Technologies Inc. (AATGF)
See More Headlines
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Company Calendar

Last Earnings
8/06/2024
Today
9/03/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Steel pipe & tubes
Sub-Industry
Steel
CUSIP
01741R10
Employees
7,300
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$73.83
High Stock Price Target
$81.00
Low Stock Price Target
$67.00
Potential Upside/Downside
+22.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$410.80 million
Pretax Margin
7.17%

Debt

Sales & Book Value

Annual Sales
$4.17 billion
Cash Flow
$3.86 per share
Book Value
$11.60 per share

Miscellaneous

Free Float
123,557,000
Market Cap
$7.53 billion
Optionable
Optionable
Beta
1.05

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ATI Stock Analysis - Frequently Asked Questions

How have ATI shares performed this year?

ATI's stock was trading at $45.47 at the beginning of the year. Since then, ATI stock has increased by 32.6% and is now trading at $60.30.
View the best growth stocks for 2024 here
.

How were ATI's earnings last quarter?

ATI Inc. (NYSE:ATI) posted its quarterly earnings results on Tuesday, August, 6th. The basic materials company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.02. ATI's quarterly revenue was up 5.2% on a year-over-year basis.

Is ATI doing a stock buyback?

ATI's board approved a share repurchase program on Wednesday, November 29th 2023, which permits the company to buy back $150,000,000 in shares, according to EventVestor. This means that the company could buy up to 2.9% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

What is Robert S. Wetherbee's approval rating as ATI's CEO?

25 employees have rated ATI Chief Executive Officer Robert S. Wetherbee on Glassdoor.com. Robert S. Wetherbee has an approval rating of 92% among the company's employees. This puts Robert S. Wetherbee in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does ATI have any subsidiaries?

ATI subsidiaries include these companies: Addaero Manufacturing, Hanard Machine, Dynamic Flowform, Ladish, J&L Specialty Steel, ALC Funding Corporation, Allegheny Ludlum LLC, and more.

Who are ATI's major shareholders?

ATI's top institutional investors include Dimensional Fund Advisors LP (2.01%), Millennium Management LLC (1.56%), Federated Hermes Inc. (1.37%) and Barrow Hanley Mewhinney & Strauss LLC (1.10%). Insiders that own company stock include Robert S Wetherbee, Kevin B Kramer, Elliot S Davis, Timothy J Harris, Karl D Schwartz and James C Diggs.
View institutional ownership trends
.

How do I buy shares of ATI?

Shares of ATI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of ATI own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ATI investors own include Intel (INTC), Cisco Systems (CSCO), Bank of America (BAC), Micron Technology (MU), Ford Motor (F), NVIDIA (NVDA) and AT&T (T).

This page (NYSE:ATI) was last updated on 9/3/2024 by MarketBeat.com Staff

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