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ATI (ATI)
NYSE:ATI
ATI (ATI) Stock Price & Analysis
519 Followers
ATI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$34.10 - $61.58
Previous Close$59.08
Volume411.44K
Average Volume (3M)1.36M
Market Cap
$7.46B
Enterprise Value$8.90B
Total Cash (Recent Filing)$743.90M
Total Debt (Recent Filing)$2.18B
Price to Earnings (P/E)23.6
Beta1.34
Next Earnings
Jul 31, 2024EPS Estimate
$0.54Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.50
Shares Outstanding124,441,401
10 Day Avg. Volume1,993,589
30 Day Avg. Volume1,359,754
Standard Deviation0.15
R-Squared0.16
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)6.32
Price to Sales (P/S)6.91
Price to Cash Flow (P/CF)4.30
P/FCF Ratio3.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.13
Enterprise Value/Gross Profit11.08
Enterprise Value/Ebitda15.69
Forecast
1Y Price Target
$67.75Price Target Upside13.01% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
ATI News
PremiumThe Fly
ATI rises 16.6%
PremiumPress Releases
ATI Announces First Quarter 2024 Results
PremiumPre-Earnings
Is ATI a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company has a strong financial profile with expectations of 20%+ EBITDA margins and 80%+ free cash flow conversion, which justifies a higher market multiple.
Market PerceptionThe company is undergoing a positive re-rating transition from being perceived as a metals company to an Aerospace & Defense company, which could unlock discovery value.
Stock ValuationThe analyst initiates the stock with a Buy rating and a $70 target price, indicating a significant upside potential from its current valuation.
Bears Say
Earnings GuidanceThe company's Q1 earnings per share guidance is below market consensus, indicating potential challenges ahead.
Investor SentimentThe projected earnings recovery in the second quarter and beyond may not convince investors until actual results are released, potentially affecting stock confidence.
Operational IssuesUnexpected outages in the fourth quarter are having a lingering impact, causing concerns about the company's short-term operational efficiency.
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Ownership Overview
5.37% Insiders
39.18% Mutual Funds
31.25% Other Institutional Investors
24.20% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ATI FAQ
What was ATI’s price range in the past 12 months?
ATI lowest stock price was $34.10 and its highest was $61.58 in the past 12 months.
What is ATI’s market cap?
Currently, no data Available
When is ATI’s upcoming earnings report date?
ATI’s upcoming earnings report date is Jul 31, 2024 which is in 85 days.
How were ATI’s earnings last quarter?
ATI released its earnings results on Apr 30, 2024. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.413 by $0.067.
Is ATI overvalued?
According to Wall Street analysts ATI’s price is currently Undervalued.
Does ATI pay dividends?
ATI does not currently pay dividends.
What is ATI’s EPS estimate?
ATI’s EPS estimate is $0.54.
How many shares outstanding does ATI have?
ATI has 124,441,400 shares outstanding.
What happened to ATI’s price movement after its last earnings report?
ATI reported an EPS of $0.48 in its last earnings report, beating expectations of $0.413. Following the earnings report the stock price went up 15.029%.
Which hedge fund is a major shareholder of ATI?
Among the largest hedge funds holding ATI’s share is Driehaus Capital Management LLC. It holds ATI’s shares valued at 70M.
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ATI Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$67.75 (13.01% Upside)
$67.75 (13.01% Upside)
Blogger Sentiment
Bullish
ATI Sentiment 80%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 2.6%
Last 30 Days ▲ 2.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
60.36%
12-Months-Change
Fundamentals
Return on Equity
30.80%
Trailing 12-Months
Asset Growth
11.54%
Trailing 12-Months
Company Description
ATI
Allegheny Technologies, Inc. engages in the manufacture of specialty materials and components for different industries which include aerospace and defense, oil and gas, chemical process, and electrical energy. It operates through the High Performance Materials and Components (HPMC) and Flat Rolled Products (FRP) segments. The HPMC segment includes production, conversion, and distribution of materials, including products from differentiated alloys, super alloys, and metallic powders. The FRP segment involves in the production, conversion and distribution of nickel-based alloys, specialty alloys, titanium and titanium-based alloys, and stainless steel in a variety of product forms including plate, sheet, engineered strip, and precision rolled strip. The company was founded on August 15, 1996 and is headquartered in Pittsburgh, PA.
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ATI Company Deck
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ATI Earnings Call
Q1 2024
0:00 / 0:00
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ATI Stock 12 Months Forecast
Average Price Target
$67.75
▲(13.01% Upside)
Technical Analysis
Best Analysts Covering ATI
1 Year
1 Year Success Rate
20/30 ratings generated profit
1 Year Average Return
+27.23%
reiterated a buy rating 16 days ago
Copying Philip Gibbs's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +27.23% per trade.
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