ATI (NYSE:ATI) Issues FY25 Earnings Guidance

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

ATI Trading Up 0.6 %

ATI stock traded up $0.41 during midday trading on Wednesday, hitting $64.13. The stock had a trading volume of 289,034 shares, compared to its average volume of 1,434,466. The company’s 50-day moving average price is $57.03 and its 200 day moving average price is $60.16. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.94 and a quick ratio of 1.44. The firm has a market cap of $9.15 billion, a PE ratio of 24.62, a price-to-earnings-growth ratio of 1.52 and a beta of 1.10. ATI has a 12-month low of $38.42 and a 12-month high of $68.92.

ATI (NYSE:ATI) last posted its quarterly earnings data on Tuesday, February 4th. The basic materials company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.19. The business had revenue of $1.17 billion for 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 was up 10.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.64 earnings per share. On average, equities research analysts predict that ATI will post 2.28 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Susquehanna dropped their price target on shares of ATI from $75.00 to $70.00 and set a “positive” rating for the company in a research report on Wednesday, October 30th. StockNews.com downgraded ATI from a “hold” rating to a “sell” rating in a report on Wednesday, January 29th. Finally, KeyCorp cut ATI from an “overweight” rating to a “sector weight” rating in a report on Thursday, October 24th. Two 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.com, ATI has a consensus rating of “Hold” and an average target price of $73.71.

Insider Activity at ATI

In related news, SVP Tina Killough Busch sold 2,598 shares of ATI stock in a transaction on Wednesday, December 4th. The shares were 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 owns 21,553 shares in the company, valued at approximately $1,293,611.06. The trade was a 10.76 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Robert S. Wetherbee sold 25,000 shares of the stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $58.99, for a total transaction of $1,474,750.00. Following the transaction, the chairman now owns 436,443 shares in the company, valued at $25,745,772.57. This trade represents a 5.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company 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.