ATI Inc [ATI] stock prices are up 1.85% to $65.02 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ATI shares have gain 5.53% over the last week, with a monthly amount drifted -0.18%, and not 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 September 05, 2024, when Susquehanna initiated its Positive rating and assigned the stock a price target of $75. Previously, BTIG Research started tracking the stock with Buy rating on June 26, 2024, and set its price target to $70. On June 14, 2024, downgrade downgraded it’s rating to Sell. Deutsche Bank started tracking the stock assigning a Buy rating and suggested a price target of $70 on April 11, 2024. Northcoast initiated its recommendation with a Buy and recommended $54 as its price target on July 20, 2023. Wolfe Research upgraded its rating to Outperform for this stock on August 05, 2022, but kept the price target unchanged to $33. In a note dated January 11, 2022, Cowen upgraded an Outperform rating on this stock and boosted its target price from $22 to $23.
The stock price of ATI Inc [ATI] has been fluctuating between $35.03 and $68.92 over the past year. Currently, Wall Street analysts expect the stock to reach $64 within the next 12 months. ATI Inc [NYSE: ATI] shares were valued at $65.02 at the most recent close of the market. An investor can expect a potential drop of -1.57% based on the average ATI price forecast.
Analyzing the ATI fundamentals
The ATI Inc [NYSE:ATI] reported sales of 4.23B for trailing twelve months, representing a surge of 4.71%. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.28 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.6.
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 64.36 points at the first support level, and at 63.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 65.75, and for the 2nd resistance point, it is at 66.48.
Ratios To Look Out For
It’s worth pointing out that ATI Inc [NYSE:ATI]’s Current Ratio is 2.13. Also, the Quick Ratio is 1.07, while the Cash Ratio stands at 0.34. Considering the valuation of this stock, the price to sales ratio is 1.91, the price to book ratio is 6.40 and price to earnings (TTM) ratio is 25.47.
Transactions by insiders
Recent insider trading involved WETHERBEE ROBERT S, Executive Chairman, that happened on Sep 16 ’24 when 25000.0 shares were sold. Officer, WETHERBEE ROBERT S completed a deal on Sep 16 ’24 to buy 25000.0 shares. Meanwhile, Chief Legal & Compl. Officer Davis Elliot S sold 45351.0 shares on Feb 29 ’24.
