ATI Inc [ATI] stock is trading at $56.14, up 0.57%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ATI shares have gain 3.56% over the last week, with a monthly amount drifted -6.67%, 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 October 24, 2024, when KeyBanc Capital Markets downgraded its rating to a Sector Weight. Previously, Susquehanna started tracking the stock with Positive rating on September 05, 2024, and set its price target to $75. On June 26, 2024, BTIG Research initiated with a Buy rating and assigned a price target of $70 on the stock. Northcoast downgraded its rating to a Sell. Deutsche Bank initiated its recommendation with a Buy and recommended $70 as its price target on April 11, 2024. Northcoast started tracking with a Buy rating for this stock on July 20, 2023, and assigned it a price target of $54. In a note dated August 05, 2022, Wolfe Research upgraded an Outperform rating on this stock but restated the target price of $33.
ATI Inc [ATI] stock has fluctuated between $38.04 and $68.92 over the past year. Currently, Wall Street analysts expect the stock to reach $77 within the next 12 months. ATI Inc [NYSE: ATI] shares were valued at $56.14 at the most recent close of the market. An investor can expect a potential return of 37.16% based on the average ATI price forecast.
Analyzing the ATI fundamentals
ATI Inc [NYSE:ATI] reported sales of 4.25B for the trailing twelve months, which represents a growth of 2.50%. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.26 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.05.
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 55.51 points at the first support level, and at 54.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.50, and for the 2nd resistance point, it is at 56.86.
Ratios To Look Out For
For context, ATI Inc’s Current Ratio is 2.94. As well, the Quick Ratio is 1.44, while the Cash Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 1.88, the price to book ratio is 4.47 and price to earnings (TTM) ratio is 21.55.
Transactions by insiders
Recent insider trading involved WETHERBEE ROBERT S, Executive Chairman, that happened on Dec 04 ’24 when 25000.0 shares were sold. SVP, CHRO, Busch Tina Killough completed a deal on Dec 04 ’24 to sell 2598.0 shares. Meanwhile, Officer Busch Tina Killough bought 2598.0 shares on Dec 04 ’24.