ATI Inc. (NYSE:ATI) Receives $232.00 Average Price Target from Analysts

ATI Inc. (NYSE:ATI) has earned an average recommendation of “Buy” from the ten ratings firms that are presently covering the firm, Marketbeat Ratings reports. Nine investment analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $232.00.

A number of research analysts have weighed in on ATI shares. BTIG Research lifted their price target on shares of ATI from $180.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Wall Street Zen upgraded shares of ATI from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. KeyCorp boosted their price objective on shares of ATI from $211.00 to $258.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. TD Cowen upped their target price on shares of ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Finally, Susquehanna increased their target price on ATI from $215.00 to $265.00 and gave the stock a “positive” rating in a report on Friday, August 7th.

ATI Stock Performance

Shares of ATI stock opened at $204.46 on Tuesday. The company has a market capitalization of $27.84 billion, a PE ratio of 59.96, a PEG ratio of 1.22 and a beta of 1.01. ATI has a 12 month low of $74.45 and a 12 month 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’s fifty day simple moving average is $201.85 and its 200 day simple moving average is $176.50.

ATI (NYSE:ATI) last announced its quarterly earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the company earned $0.74 earnings per share. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. 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, research analysts predict that ATI will post 5.12 EPS for the current year.

Insider Transactions at ATI

In other news, VP Timothy Harris sold 16,500 shares of the company’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $210.01, for a total transaction of $3,465,165.00. Following the completion of the transaction, the vice president directly owned 130,187 shares of the company’s stock, valued at $27,340,571.87. This represents a 11.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Kimberly Fields sold 24,845 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $231.19, for a total value of $5,743,915.55. Following the transaction, the chief executive officer owned 100,719 shares of the company’s stock, valued at approximately $23,285,225.61. The trade was a 19.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 133,795 shares of company stock worth $26,742,527. Corporate insiders own 0.98% of the company’s stock.

Institutional Trading of ATI

A number of institutional investors have recently made changes to their positions in the business. Triumph Capital Management lifted its position in ATI by 22.4% during the 2nd quarter. Triumph Capital Management now owns 317 shares of the basic materials company’s stock worth $62,000 after buying an additional 58 shares in the last quarter. Meeder Asset Management Inc. raised its holdings in ATI by 2.8% during the first quarter. Meeder Asset Management Inc. now owns 2,754 shares of the basic materials company’s stock worth $401,000 after acquiring an additional 74 shares in the last quarter. Lido Advisors LLC boosted its position in ATI by 2.7% during the third quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock valued at $308,000 after purchasing an additional 101 shares during the last quarter. Signature Equity Partners LLC boosted its position in ATI by 208.5% during the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 123 shares during the last quarter. Finally, D.A. Davidson & CO. grew its stake in ATI by 2.0% in the fourth quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock valued at $827,000 after purchasing an additional 140 shares in the last quarter.

About ATI

Allegheny Technologies Incorporated (ATI) is a global manufacturer of specialty materials and complex components, serving aerospace, defense, oil and gas, chemical processing, medical and other industrial end markets. The company operates through two main segments: High Performance Materials & Components, which produces titanium and nickel-based alloys, stainless and specialty steels, and precision forgings; and Flat-Rolled Products, which supplies stainless steel, nickel and specialty alloy sheet, strip and precision-rolled plate.