ATI Inc. (NYSE:ATI) Receives $133.00 Average Target Price from Brokerages

Shares of ATI Inc. (NYSE:ATI) have earned an average recommendation of “Buy” from the eleven brokerages that are currently covering the stock, Marketbeat.com reports. Ten analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $133.00.

ATI has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $150.00 price target on shares of ATI in a report on Wednesday, February 4th. Alembic Global Advisors began coverage on ATI in a research report on Thursday, January 15th. They set an “overweight” rating and a $141.00 target price for the company. KeyCorp upped their target price on ATI from $120.00 to $132.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. Zacks Research raised ATI from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Finally, Wall Street Zen downgraded ATI from a “buy” rating to a “hold” rating in a research report on Sunday, February 15th.

ATI Price Performance

Shares of NYSE:ATI opened at $147.63 on Tuesday. The company has a 50 day moving average of $138.47 and a 200 day moving average of $109.36. The company has a current ratio of 2.66, a quick ratio of 1.27 and a debt-to-equity ratio of 0.90. The stock has a market cap of $20.22 billion, a P/E ratio of 51.98, a P/E/G ratio of 1.41 and a beta of 0.95. ATI has a 12 month low of $39.23 and a 12 month high of $168.14.

ATI (NYSE:ATI) last posted its earnings results on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.04. ATI had a net margin of 8.81% and a return on equity of 24.26%. The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.18 billion. During the same period in the prior year, the company posted $0.79 EPS. The business’s revenue for the quarter was up .4% compared to the same quarter last year. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. As a group, sell-side analysts forecast that ATI will post 2.89 EPS for the current fiscal year.

ATI announced that its Board of Directors has authorized a share repurchase plan on Thursday, February 19th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the basic materials company to repurchase up to 2.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity at ATI

In other ATI news, Director David J. Morehouse sold 6,609 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $154.25, for a total value of $1,019,438.25. Following the completion of the transaction, the director owned 38,168 shares of the company’s stock, valued at $5,887,414. The trade was a 14.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Robert S. Wetherbee sold 53,862 shares of the stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $109.48, for a total transaction of $5,896,811.76. Following the completion of the transaction, the chairman directly owned 132,676 shares in the company, valued at $14,525,368.48. The trade was a 28.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Lido Advisors LLC raised its position in ATI by 2.7% during the third quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock valued at $308,000 after purchasing an additional 101 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of ATI by 2.4% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 4,424 shares of the basic materials company’s stock worth $360,000 after purchasing an additional 102 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of ATI by 12.1% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,090 shares of the basic materials company’s stock worth $86,000 after purchasing an additional 118 shares in the last quarter. Activest Wealth Management increased its position in shares of ATI by 17.6% during the 4th quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock valued at $96,000 after purchasing an additional 125 shares during the last quarter. Finally, D.A. Davidson & CO. increased its position in shares of ATI by 2.0% during the 4th quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock valued at $827,000 after purchasing an additional 140 shares during the last quarter.

ATI Company Profile

Allegheny Technologies Incorporated (ATI) is a global manufacturer of specialty materials and complex components, serving aerospace, defense, oil and gas, chemical processing, medical and other industrial end markets. The company operates through two main segments: High Performance Materials & Components, which produces titanium and nickel-based alloys, stainless and specialty steels, and precision forgings; and Flat-Rolled Products, which supplies stainless steel, nickel and specialty alloy sheet, strip and precision-rolled plate.