ATI Inc [ATI] stock is trading at $50.50, down -0.49%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ATI shares have lost -0.82% over the last week, with a monthly amount glided 1.55%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
ATI Inc [NYSE: ATI] stock has seen the most recent analyst activity on July 20, 2023, when Northcoast initiated its Buy rating and assigned the stock a price target of $54. Previously, Wolfe Research upgraded its rating to Outperform on August 05, 2022, and kept the price target unchanged to $33. On January 11, 2022, upgrade upgraded it’s rating to Outperform and revised its price target to $23 on the stock. Berenberg upgraded its rating to a Buy but stick to its price target of $25 on January 07, 2022. Wolfe Research initiated its recommendation with a Peer Perform and recommended $18 as its price target on November 17, 2021. JP Morgan upgraded its rating to Overweight for this stock on October 15, 2021, and downed its price target to $23. In a note dated July 07, 2021, BofA Securities upgraded an Neutral rating on this stock and boosted its target price from $15 to $22.
ATI Inc [ATI] stock has fluctuated between $34.10 and $51.95 over the past year. Currently, Wall Street analysts expect the stock to reach $39.5 within the next 12 months. ATI Inc [NYSE: ATI] shares were valued at $50.50 at the most recent close of the market. An investor can expect a potential drop of -21.78% based on the average ATI price forecast.
Analyzing the ATI fundamentals
ATI Inc [NYSE:ATI] reported sales of 4.17B for the trailing twelve months, which represents a growth of 5.30%. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.3 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.59.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 49.95 points at the first support level, and at 49.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.32, and for the 2nd resistance point, it is at 52.15.
Ratios To Look Out For
For context, ATI Inc’s Current Ratio is 2.80. Further, the Quick Ratio stands at 1.53, while the Cash Ratio is 0.76. Considering the valuation of this stock, the price to sales ratio is 1.55, the price to book ratio is 4.67 and price to earnings (TTM) ratio is 20.01.
Transactions by insiders
Recent insider trading involved Davis Elliot S, Chief Legal & Compl. Officer, that happened on Feb 29 ’24 when 45351.0 shares were sold. Senior VP and CDIO, Harris Timothy J completed a deal on Feb 13 ’24 to sell 6325.0 shares. Meanwhile, Senior VP and CDIO Harris Timothy J sold 6325.0 shares on Feb 12 ’24.
