54.46 USD
+0.23
0.42%
At close Dec 20, 4:00 PM EST
After hours
54.46
+0.00
0.00%
1 day
0.42%
5 days
-3.63%
1 month
-6.14%
3 months
-14.69%
6 months
-0.02%
Year to date
22.93%
1 year
22.19%
5 years
164.88%
10 years
60.79%
 

About: ATI Inc supplies specialty metals to various end markets, including aerospace and defense, oil and gas, automotive, and electrical energy, among many others. The company's operating segment includes High-Performance Materials and Components and Advanced Alloys and Solutions. The majority of revenue is from the High-Performance Materials segment. The High-Performance Materials segment is focused on a wide range of high-performance specialty materials, parts, and components for several major end markets, including the aerospace & defense, medical, and energy markets. Geographically, it operates in the United States, China, the United Kingdom, Germany, France, Canada, and Others, the majority is from the United States.

Employees: 7,800

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

83% more funds holding in top 10

Funds holding in top 10: 6 [Q2] → 11 (+5) [Q3]

26% more first-time investments, than exits

New positions opened: 68 | Existing positions closed: 54

18% more capital invested

Capital invested by funds: $7.43B [Q2] → $8.77B (+$1.34B) [Q3]

3% more funds holding

Funds holding: 402 [Q2] → 416 (+14) [Q3]

2.35% less ownership

Funds ownership: 107.72% [Q2] → 105.37% (-2.35%) [Q3]

16% less repeat investments, than reductions

Existing positions increased: 132 | Existing positions reduced: 157

21% less call options, than puts

Call options by funds: $25.8M | Put options by funds: $32.5M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$70
29%
upside
Avg. target
$77
41%
upside
High target
$84
54%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Susquehanna
Charles Minervino
29% 1-year accuracy
19 / 66 met price target
29%upside
$70
Positive
Maintained
30 Oct 2024
Deutsche Bank
Scott Deuschle
52% 1-year accuracy
17 / 33 met price target
54%upside
$84
Buy
Maintained
3 Oct 2024

Financial journalist opinion

Based on 4 articles about ATI published over the past 30 days

Negative
Zacks Investment Research
2 days ago
Allegheny Technologies (ATI) Increases Despite Market Slip: Here's What You Need to Know
Allegheny Technologies (ATI) concluded the recent trading session at $54.23, signifying a +0.04% move from its prior day's close.
Allegheny Technologies (ATI) Increases Despite Market Slip: Here's What You Need to Know
Negative
Zacks Investment Research
2 weeks ago
New Strong Sell Stocks for December 4th
ATI, ARLP and AGL have been added to the Zacks Rank #5 (Strong Sell) List on December 4, 2024.
New Strong Sell Stocks for December 4th
Negative
Zacks Investment Research
2 weeks ago
New Strong Sell Stocks for December 2nd
ATI, ATS and AGL have been added to the Zacks Rank #5 (Strong Sell) List on December 2, 2024.
New Strong Sell Stocks for December 2nd
Negative
Zacks Investment Research
4 weeks ago
New Strong Sell Stocks for November 22nd
ATI, AKBA and ALTG have been added to the Zacks Rank #5 (Strong Sell) List on November 22, 2024.
New Strong Sell Stocks for November 22nd
Negative
Zacks Investment Research
1 month ago
New Strong Sell Stocks for November 18th
ATI, BALY and KOF have been added to the Zacks Rank #5 (Strong Sell) List on November 18, 2024.
New Strong Sell Stocks for November 18th
Neutral
PRNewsWire
1 month ago
ATI announces sale of precision rolled strip operations to Ulbrich
Sharpens focus on strategic aerospace and defense markets, streamlines operations DALLAS , Nov. 6, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced it completed the sale of its precision rolled strip operations in New Bedford, Massachusetts and Remscheid, Germany to Ulbrich Stainless Steels and Special Metals, Inc. (Ulbrich). "With this divestiture, ATI sharpens its focus on providing our aerospace and defense customers with the titanium, nickel, and alloyed products that are rolled, melted and/or finished throughout Specialty Rolled Products facilities," said Kimberly A.
ATI announces sale of precision rolled strip operations to Ulbrich
Negative
Zacks Investment Research
1 month ago
ATI's Earnings Miss Estimates in Q3, Revenues Increase Y/Y
ATI saw higher year-over-year sales in aerospace and defense in the third quarter.
ATI's Earnings Miss Estimates in Q3, Revenues Increase Y/Y
Neutral
Seeking Alpha
1 month ago
ATI Inc (ATI) Q3 2024 Earnings Call Transcript
ATI Inc (NYSE:ATI ) Q3 2024 Results Conference Call October 29, 2024 8:30 AM ET Company Participants David Weston - Vice President of Investor Relations Kim Fields - President, CEO & Director Don Newman - Executive VP of Finance & CFO Conference Call Participants Richard Safran - Seaport Research Partners Andre Madrid - BTIG David Strauss - Barclays Phil Gibbs - KeyBanc Capital Markets Timna Tanners - Wolfe Research Seth Seifman - JPMorgan Scott Deuschle - Deutsche Bank Operator Hello, everyone, and welcome to ATI's Third Quarter 2024 Earnings Call. My name is Lydia, and I will be your operator today.
ATI Inc (ATI) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
Allegheny Technologies (ATI) Q3 Earnings and Revenues Lag Estimates
Allegheny Technologies (ATI) came out with quarterly earnings of $0.60 per share, missing the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.55 per share a year ago.
Allegheny Technologies (ATI) Q3 Earnings and Revenues Lag Estimates
Neutral
PRNewsWire
1 month ago
ATI Announces Third Quarter 2024 Results
Ninth consecutive quarter with sales in excess of $1 billion Q3 2024 sales of $1.05 billion Q3 2024 net income attributable to ATI of $82.7 million, or $0.57 per share Aerospace & defense represent 62% of Q3 2024 sales Full year 2024 guidance updated Non-GAAP Information* Q3 adjusted net income attributable to ATI of $85.9 million, or $0.60 per share Q3 2024 ATI adjusted EBITDA of $185.7 million, or 17.7% of sales, up 100 basis points sequentially DALLAS , Oct. 29, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) reported third quarter 2024 results, with sales of $1.05 billion and net income attributable to ATI of $82.7 million, or $0.57 per share.     Sequential Y-O-Y ($ in millions except per share amounts) Q3 2024 Q2 2024 Change Q3 2023 Change Sales $1,051.2 $1,095.3 (4) % $1,025.6 2 % Net income attributable to ATI $82.7 $81.9 1 % $90.2 (8) % Earnings per share $0.57 $0.58 (2) % $0.62 (8) % Non-GAAP information* Adjusted net income attributable to ATI* $85.9 $86.0 — % $94.2 (9) % Adjusted earnings per share* $0.60 $0.60 — % $0.64 (6) % ATI adjusted EBITDA* $185.7 $182.6 2 % $162.6 14 % * Detailed reconciliations of the reported information under accounting principles generally accepted in the United States (U.S. GAAP) to adjusted non-GAAP figures are included in accompanying financial tables.
ATI Announces Third Quarter 2024 Results
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