ATI (NYSE:ATI) Releases FY25 Earnings Guidance

ATI (NYSE:ATI) issued an update on its FY25 earnings guidance on Tuesday morning. 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 Stock Up 0.1 %

Shares of ATI stock traded up $0.07 during mid-day trading on Thursday, reaching $65.93. 64,052 shares of the company were exchanged, compared to its average volume of 1,455,765. ATI has a fifty-two week low of $39.04 and a fifty-two week high of $68.92. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.44 and a current ratio of 2.94. The company has a market capitalization of $9.40 billion, a P/E ratio of 25.38, a P/E/G ratio of 1.52 and a beta of 1.10. The business’s 50 day simple moving average is $57.14 and its 200 day simple moving average is $60.20.

ATI (NYSE:ATI) last released its quarterly earnings data on Tuesday, February 4th. The basic materials company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.19. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.07 billion. ATI had a net margin of 8.85% and a return on equity of 21.39%. The firm’s revenue was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.64 earnings per share. Research analysts predict that ATI will post 2.28 earnings per share for the current year.

Analyst Upgrades and Downgrades

ATI has been the topic of a number of recent analyst reports. KeyCorp cut shares of ATI from an “overweight” rating to a “sector weight” rating in a research note on Thursday, October 24th. StockNews.com raised ATI from a “sell” rating to a “hold” rating in a research note on Thursday. Finally, Susquehanna lifted their price target on ATI from $70.00 to $73.00 and gave the stock a “positive” rating in a research note on Wednesday. One analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $74.14.

Insider Activity

In other news, SVP Tina Killough Busch sold 2,598 shares of the firm’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 value of $155,931.96. Following the completion of the sale, the senior vice president now directly owns 21,553 shares of the company’s stock, valued at $1,293,611.06. This trade represents a 10.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Chairman Robert S. Wetherbee sold 25,000 shares of ATI stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $58.99, for a total value of $1,474,750.00. Following the sale, the chairman now directly owns 436,443 shares of the company’s stock, valued at approximately $25,745,772.57. The trade was a 5.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.05% of the stock is currently owned by company insiders.

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.