ATI (ATI) Stock Price, News & Analysis

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ATI in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ATI shares.
View ATI analyst ratings or view top-rated stocks.

6 analysts have issued 1-year price targets for ATI's shares. Their ATI share price targets range from $45.00 to $54.00. On average, they predict the company's share price to reach $50.33 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price.
View analysts price targets for ATI or view top-rated stocks among Wall Street analysts.

ATI's stock was trading at $29.86 at the start of the year. Since then, ATI stock has increased by 52.3% and is now trading at $45.47.
View the best growth stocks for 2023 here.

ATI saw a drop in short interest in December. As of December 15th, there was short interest totaling 6,360,000 shares, a drop of 14.1% from the November 30th total of 7,400,000 shares. Based on an average daily trading volume, of 1,360,000 shares, the short-interest ratio is currently 4.7 days. Currently, 5.0% of the shares of the company are short sold.
View ATI's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024.
View our ATI earnings forecast.

ATI Inc. (NYSE:ATI) posted its quarterly earnings data on Thursday, November, 2nd. The basic materials company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.03. The basic materials company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.02 billion. ATI had a trailing twelve-month return on equity of 24.94% and a net margin of 7.25%.

ETFs with the largest weight of ATI (NYSE:ATI) stock in their portfolio include Invesco S&P SmallCap Materials ETF (PSCM), VanEck Steel ETF (SLX), SPDR S&P Metals & Mining ETF (XME), Invesco S&P SmallCap Momentum ETF (XSMO), Direxion Daily Metals & Mining Bull 2X Shares (MNM), Tema American Reshoring ETF (RSHO), Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) and Global X Autonomous & Electric Vehicles ETF (DRIV).

ATI declared that its board has authorized a stock repurchase program on Wednesday, November 29th 2023, which authorizes the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 2.9% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

ATI updated its FY 2027 earnings guidance on Monday, December, 11th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $5.2 billion-$5.4 billion.

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.

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

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.