ATI Inc. (NYSE:ATI) Stock Has Consensus Target Price of $232.00

ATI Inc. (NYSE:ATI) has been given an average rating of “Buy” by the ten research firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $227.62.

A number of analysts recently weighed in on the stock. Wells Fargo & Company lowered their target price on shares of ATI from $275.00 to $240.00 and set an “overweight” rating on the stock in a research note on Wednesday. TD Cowen lifted their price target on shares of ATI from $170.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, July 13th. BTIG Research lifted their target price on ATI from $180.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Wall Street Zen raised ATI from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Zacks Research upgraded shares of ATI from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 25th.

ATI Price Performance

ATI stock opened at $192.32 on Friday. ATI has a one year low of $79.29 and a one year high of $243.57. The firm has a 50-day moving average of $202.58 and a two-hundred day moving average of $181.81. The firm has a market capitalization of $26.19 billion, a PE ratio of 56.40, a P/E/G ratio of 1.16 and a beta of 1.00. The company has a current ratio of 2.33, a quick ratio of 1.14 and a debt-to-equity ratio of 0.91.

ATI (NYSE:ATI) last announced its earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.20. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.22 billion. ATI had a net margin of 10.09% and a return on equity of 29.27%. The company’s revenue was up 10.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.74 EPS. 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, analysts forecast that ATI will post 5.11 earnings per share for the current year.

Insider Transactions at ATI

In related news, VP Timothy Harris sold 9,000 shares of the company’s stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $191.82, for a total transaction of $1,726,380.00. Following the sale, the vice president owned 88,187 shares in the company, valued at $16,916,030.34. This represents a 9.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David Morehouse sold 2,485 shares of the firm’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $201.61, for a total value of $501,000.85. Following the completion of the sale, the director directly owned 35,826 shares of the company’s stock, valued at $7,222,879.86. This trade represents a 6.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 157,587 shares of company stock worth $31,428,031 over the last three months. 0.98% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ATI. Signature Equity Partners LLC raised its holdings in ATI by 208.5% during the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after buying an additional 123 shares during the last quarter. CoreCap Advisors LLC purchased a new position in shares of ATI during the second quarter valued at approximately $30,000. Summit Securities Group LLC purchased a new stake in ATI during the 1st quarter valued at about $60,000. Triumph Capital Management boosted its stake in ATI by 22.4% during the 2nd quarter. Triumph Capital Management now owns 317 shares of the basic materials company’s stock valued at $62,000 after purchasing an additional 58 shares during the last quarter. Finally, Hollencrest Capital Management boosted its position in shares of ATI by 283.1% during the first quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock valued at $66,000 after buying an additional 334 shares during the last quarter.

ATI Company Profile

ATI Inc (NYSE: ATI) is a specialty materials and components manufacturer serving the aerospace and defense, energy, medical, and industrial markets. The company develops and produces technically demanding materials and engineered components designed for applications that require high strength, heat resistance, corrosion resistance, or reduced weight.

ATI’s products include nickel-based superalloys, titanium and titanium-based materials, specialty steels, cobalt- and zirconium-based alloys, and other advanced materials.