ATI (NYSE:ATI – Get Free Report) will be announcing its earnings results before the market opens on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.40 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
ATI (NYSE:ATI – Get Free Report) last posted its earnings results on Thursday, February 1st. The basic materials company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.02. ATI had a net margin of 8.81% and a return on equity of 24.64%. The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.05 billion. During the same quarter in the prior year, the company posted $0.53 earnings per share. ATI’s revenue for the quarter was up 5.3% compared to the same quarter last year. On average, analysts expect ATI to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
ATI Trading Up 3.8 %
NYSE:ATI opened at $51.75 on Monday. ATI has a 52 week low of $34.10 and a 52 week high of $52.98. The firm has a 50 day moving average of $49.61 and a 200 day moving average of $44.66. The company has a quick ratio of 1.53, a current ratio of 2.80 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of $6.44 billion, a price-to-earnings ratio of 20.62, a PEG ratio of 1.46 and a beta of 1.22.
Analysts Set New Price Targets
Read Our Latest Research Report on ATI
Insider Activity at ATI
In other ATI news, VP Timothy J. Harris sold 6,325 shares of the stock in a transaction on Monday, February 12th. The shares were sold at an average price of $42.44, for a total transaction of $268,433.00. Following the transaction, the vice president now directly owns 109,331 shares of the company’s stock, valued at $4,640,007.64. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.71% of the stock is 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.
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