ATI Inc. (NYSE:ATI) Stock Has Average Target Price of $223.88

Shares of ATI Inc. (NYSE:ATI) have earned a consensus rating of “Buy” from the ten brokerages that are currently covering the stock, Marketbeat Ratings reports. Nine equities research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $223.88.

Several equities analysts recently issued reports on the stock. Wells Fargo & Company dropped their target price on shares of ATI from $275.00 to $240.00 and set an “overweight” rating on the stock in a report on Wednesday, September 30th. KeyCorp decreased their price target on ATI from $258.00 to $228.00 and set an “overweight” rating for the company in a report on Thursday, October 8th. BTIG Research lifted their price objective on ATI from $180.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Weiss Ratings raised ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, October 13th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $262.00 price objective on shares of ATI in a research note on Monday, August 10th.

ATI Trading Down 3.1%

Shares of ATI stock opened at $156.85 on Wednesday. ATI has a 1-year low of $89.20 and a 1-year high of $243.57. The company has a current ratio of 2.33, a quick ratio of 1.14 and a debt-to-equity ratio of 0.91. The stock has a market cap of $21.36 billion, a price-to-earnings ratio of 46.00, a PEG ratio of 0.96 and a beta of 0.99. The stock has a 50-day moving average of $195.57 and a 200-day moving average of $185.86.

ATI (NYSE:ATI) last posted its quarterly earnings data on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.20. ATI had a return on equity of 29.27% and a net margin of 10.09%. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the firm earned $0.74 earnings per share. The firm’s quarterly revenue was up 10.6% on a year-over-year basis. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. On average, equities research analysts forecast that ATI will post 5.13 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director David J. Morehouse sold 2,485 shares of the business’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $201.61, for a total transaction of $501,000.85. Following the transaction, the director owned 35,826 shares in the company, valued at $7,222,879.86. The trade was a 6.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Kimberly A. Fields sold 24,845 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $231.19, for a total transaction of $5,743,915.55. Following the transaction, the chief executive officer directly owned 100,719 shares in the company, valued at approximately $23,285,225.61. This represents a 19.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 117,587 shares of company stock worth $24,111,631. 0.98% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On ATI

Several hedge funds and other institutional investors have recently bought and sold shares of ATI. Signaturefd LLC increased its position in ATI by 11.8% in the 3rd quarter. Signaturefd LLC now owns 702 shares of the basic materials company’s stock valued at $133,000 after buying an additional 74 shares in the last quarter. BG Investment Services LLC bought a new position in ATI in the third quarter worth approximately $8,511,000. Sowell Financial Services LLC bought a new position in ATI in the third quarter worth approximately $220,000. Gibbs Wealth Management bought a new position in ATI in the third quarter worth approximately $290,000. Finally, Wedbush Securities Inc. acquired a new stake in ATI in the third quarter valued at approximately $246,000.

ATI Company Profile

ATI Inc (NYSE: ATI) is a specialty materials and components manufacturer serving demanding applications in the aerospace and defense, medical, energy, and industrial markets. The company develops and produces materials designed to perform in high-temperature, high-strength, and corrosion-resistant environments.

Its products include nickel-based superalloys, titanium and titanium-based materials, specialty steels, precision-rolled materials, forgings, and other engineered components. These products are used in aircraft engines and airframes, defense systems, medical implants and devices, power-generation equipment, and other industrial applications.

ATI was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc The company serves customers in the United States and international markets through manufacturing and processing operations across North America and Europe.