ATI (NYSE:ATI) Updates FY 2025 Earnings Guidance

ATI (NYSE:ATI) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 2.800-3.000 for the period, compared to the consensus EPS estimate of 2.900. The company issued revenue guidance of -. ATI also updated its FY25 guidance to $2.80-3.00 EPS.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. StockNews.com cut ATI from a “hold” rating to a “sell” rating in a research report on Wednesday, January 29th. Susquehanna lifted their target price on ATI from $70.00 to $73.00 and gave the company a “positive” rating in a research report on Wednesday. Finally, KeyCorp cut shares of ATI from an “overweight” rating to a “sector weight” rating in a research note on Thursday, October 24th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, ATI has an average rating of “Hold” and an average price target of $74.14.

ATI Price Performance

ATI traded up $1.67 during trading on Wednesday, reaching $65.39. 924,725 shares of the company traded hands, compared to its average volume of 1,465,239. ATI has a 12-month low of $38.42 and a 12-month 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 firm has a fifty day simple moving average of $57.03 and a 200 day simple moving average of $60.16. The company has a market cap of $9.33 billion, a P/E ratio of 25.13, a PEG ratio of 1.52 and a beta of 1.10.

ATI (NYSE:ATI) last released its quarterly earnings data on Tuesday, February 4th. The basic materials company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.19. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.07 billion. ATI had a net margin of 8.85% and a return on equity of 21.39%. The firm’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 firm earned $0.64 earnings per share. On average, equities analysts forecast that ATI will post 2.28 EPS for the current year.

Insider Transactions at ATI

In other ATI news, Chairman Robert S. Wetherbee sold 25,000 shares of the stock in a transaction on Wednesday, December 4th. The stock was 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 of the company’s stock, valued at $25,745,772.57. This represents a 5.42 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Tina Killough Busch sold 2,598 shares of the business’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $60.02, for a total value of $155,931.96. Following the sale, the senior vice president now owns 21,553 shares of the company’s stock, valued at $1,293,611.06. The trade was 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.