ATI (NYSE:ATI) Updates FY25 Earnings Guidance

ATI (NYSE:ATI) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $2.80-3.00 for the period, compared to the consensus EPS estimate of $2.92. ATI also updated its FY 2025 guidance to 2.800-3.000 EPS.

ATI Trading Up 9.8 %

Shares of ATI stock traded up $5.69 on Tuesday, hitting $63.65. 4,114,411 shares of the company traded hands, compared to its average volume of 1,434,266. The company has a current ratio of 2.94, a quick ratio of 1.44 and a debt-to-equity ratio of 0.97. The company has a market cap of $9.08 billion, a PE ratio of 24.48, a PEG ratio of 1.52 and a beta of 1.10. The stock’s 50 day moving average price is $56.97 and its 200-day moving average price is $60.13. ATI has a 52 week low of $38.08 and a 52 week high of $68.92.

ATI (NYSE:ATI) last issued its earnings results on Tuesday, February 4th. The basic materials company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.19. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.07 billion. ATI had a return on equity of 21.39% and a net margin of 8.85%. The business’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.64 EPS. Equities research analysts predict that ATI will post 2.28 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on ATI shares. StockNews.com lowered shares of ATI from a “hold” rating to a “sell” rating in a report on Wednesday, January 29th. KeyCorp downgraded ATI from an “overweight” rating to a “sector weight” rating in a report on Thursday, October 24th. Finally, Susquehanna decreased their price objective on ATI from $75.00 to $70.00 and set a “positive” rating for the company in a research note on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $73.71.

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 directly owns 436,443 shares in the company, valued at $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 available at this link. Also, SVP Tina Killough Busch sold 2,598 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $60.02, for a total transaction of $155,931.96. Following the sale, the senior vice president now directly owns 21,553 shares in the company, valued at approximately $1,293,611.06. This represents a 10.76 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.05% of the company’s stock.

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.