ATI (ATI) Scheduled to Post Quarterly Earnings on Tuesday

ATI (NYSE:ATI) will post its quarterly earnings results before the market opens on Tuesday, August 6th. Analysts expect ATI to post earnings of $0.57 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

ATI Price Performance

Shares of NYSE ATI opened at $62.22 on Monday. The stock has a 50 day moving average of $58.95 and a two-hundred day moving average of $53.08. The stock has a market cap of $7.74 billion, a P/E ratio of 24.99, a P/E/G ratio of 1.67 and a beta of 1.07. ATI has a twelve month low of $35.03 and a twelve month high of $68.92. The company has a current ratio of 2.81, a quick ratio of 1.37 and a debt-to-equity ratio of 1.56.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on ATI shares. Northcoast Research downgraded shares of ATI from a “neutral” rating to a “sell” rating in a research report on Friday, June 14th. Deutsche Bank Aktiengesellschaft initiated coverage on ATI in a research note on Thursday, April 11th. They set a “buy” rating and a $70.00 price objective for the company. BTIG Research initiated coverage on ATI in a report on Wednesday, June 26th. They issued a “buy” rating and a $70.00 target price on the stock. Benchmark lifted their price objective on shares of ATI from $56.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, July 12th. Finally, KeyCorp boosted their price target on shares of ATI from $58.00 to $66.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 28th. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $71.20.

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.