ATI (NYSE:ATI) Releases Earnings Results, Beats Expectations By $0.19 EPS

ATI (NYSE:ATI) announced its quarterly earnings data on Tuesday. The basic materials company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.19, Zacks reports. ATI had a return on equity of 21.39% and a net margin of 8.85%. ATI updated its FY 2025 guidance to 2.800-3.000 EPS and its Q1 2025 guidance to 0.550-0.610 EPS.

ATI Trading Up 10.8 %

Shares of ATI stock opened at $64.20 on Tuesday. The stock has a market capitalization of $9.16 billion, a P/E ratio of 24.69, a price-to-earnings-growth ratio of 1.52 and a beta of 1.10. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.44 and a current ratio of 2.94. ATI has a fifty-two week low of $38.08 and a fifty-two week high of $68.92. The company has a 50 day moving average price of $56.97 and a 200 day moving average price of $60.13.

Insider Transactions at ATI

In other ATI news, Chairman Robert S. Wetherbee sold 25,000 shares of the business’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $58.99, for a total transaction of $1,474,750.00. Following the sale, the chairman now directly owns 436,443 shares in the company, valued at approximately $25,745,772.57. The trade was a 5.42 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Tina Killough Busch sold 2,598 shares of ATI stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $60.02, for a total value of $155,931.96. Following the transaction, the senior vice president now directly owns 21,553 shares of the company’s stock, valued at $1,293,611.06. This trade represents a 10.76 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.05% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ATI. KeyCorp cut ATI from an “overweight” rating to a “sector weight” rating in a report on Thursday, October 24th. StockNews.com downgraded ATI from a “hold” rating to a “sell” rating in a research report on Wednesday, January 29th. Finally, Susquehanna decreased their target price on ATI from $75.00 to $70.00 and set a “positive” rating for the company in a research report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, ATI presently has an average rating of “Hold” and an average price target of $73.71.

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.