ATI (NYSE:ATI) Announces Quarterly Earnings Results, Beats Estimates By $0.19 EPS

ATI (NYSE:ATI) released its quarterly earnings data on Tuesday. The basic materials company reported $0.79 EPS for the quarter, topping the consensus estimate 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 8.3 %

NYSE:ATI traded up $4.83 on Tuesday, hitting $62.79. The stock had a trading volume of 525,148 shares, compared to its average volume of 1,293,143. The company has a fifty day moving average price of $56.97 and a two-hundred day moving average price of $60.13. The stock has a market cap of $8.96 billion, a price-to-earnings ratio of 24.38, a PEG ratio of 1.52 and a beta of 1.10. The company has a quick ratio of 1.44, a current ratio of 2.94 and a debt-to-equity ratio of 0.97. ATI has a 1-year low of $38.08 and a 1-year high of $68.92.

Insider Transactions at ATI

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

Wall Street Analysts Forecast Growth

ATI has been the topic of a number of recent analyst reports. KeyCorp downgraded shares of ATI from an “overweight” rating to a “sector weight” rating in a report on Thursday, October 24th. Susquehanna dropped their target price on ATI from $75.00 to $70.00 and set a “positive” rating on the stock in a research report on Wednesday, October 30th. Finally, StockNews.com cut ATI from a “hold” rating to a “sell” rating in a report on Wednesday, January 29th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $73.71.

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.