ATI (NYSE:ATI) Releases FY25 Earnings Guidance

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

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. StockNews.com raised ATI from a “sell” rating to a “hold” rating in a report on Thursday. KeyCorp downgraded ATI from an “overweight” rating to a “sector weight” rating in a research report on Thursday, October 24th. Finally, Susquehanna raised their price target on ATI from $70.00 to $73.00 and gave the company a “positive” rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, ATI currently has an average rating of “Moderate Buy” and a consensus target price of $74.14.

ATI Stock Up 0.1 %

ATI stock traded up $0.07 during midday trading on Thursday, hitting $65.93. The company’s stock had a trading volume of 64,052 shares, compared to its average volume of 1,455,765. The company has a market cap of $9.40 billion, a PE ratio of 25.38, a P/E/G ratio of 1.52 and a beta of 1.10. ATI has a 12 month low of $39.04 and a 12 month high of $68.92. The company has a current ratio of 2.94, a quick ratio of 1.44 and a debt-to-equity ratio of 0.97. The firm’s 50-day moving average is $57.14 and its 200-day moving average is $60.20.

ATI (NYSE:ATI) last announced its earnings results on Tuesday, February 4th. The basic materials company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.19. The business had revenue of $1.17 billion during 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%. The company’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.64 EPS. On average, equities research analysts forecast that ATI will post 2.28 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Tina Killough Busch sold 2,598 shares of the stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $60.02, for a total value of $155,931.96. Following the sale, the senior vice president now directly owns 21,553 shares of the company’s stock, valued at $1,293,611.06. This represents a 10.76 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Chairman Robert S. Wetherbee sold 25,000 shares of the stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $58.99, for a total transaction of $1,474,750.00. Following the completion of the sale, the chairman now directly owns 436,443 shares in the company, valued at $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. 1.05% of the stock is currently owned by company insiders.

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.