ATI Inc. (ATI)
Market Cap | 6.96B |
Revenue (ttm) | 4.18B |
Net Income (ttm) | 406.80M |
Shares Out | 124.44M |
EPS (ttm) | 2.78 |
PE Ratio | 20.11 |
Forward PE | 21.03 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,174,444 |
Open | 54.29 |
Previous Close | 54.26 |
Day's Range | 53.90 - 56.02 |
52-Week Range | 35.03 - 62.44 |
Beta | 1.12 |
Analysts | Strong Buy |
Price Target | 65.80 (+17.69%) |
Earnings Date | Aug 6, 2024 |
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... [Read more]
Financial Performance
In 2023, ATI Inc.'s revenue was $4.17 billion, an increase of 8.80% compared to the previous year's $3.84 billion. Earnings were $410.80 million, an increase of 26.99%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for ATI stock is "Strong Buy." The 12-month stock price forecast is $65.8, which is an increase of 17.69% from the latest price.
News
ATI Announces Webcast for Second Quarter 2024 Results
DALLAS , July 2, 2024 /PRNewswire/ -- ATI (NYSE: ATI) has scheduled the live webcast for its second quarter 2024 earnings conference call on Tuesday, August 6, 2024, at 7:30 a.m. CT (8:30 a.m.
Kimberly A. Fields becomes President and CEO of ATI
Robert S. Wetherbee becomes Executive Chairman DALLAS , July 1, 2024 /PRNewswire/ -- Kimberly A. Fields today became President and CEO of ATI Inc. [NYSE: ATI].
ATI CFO Don Newman to speak at 2024 Wells Fargo Industrials Conference
DALLAS , June 6, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) Chief Financial Officer Don Newman will speak at the 2024 Wells Fargo Industrials Conference in Chicago, IL, on June 11, 2024, at 12:45 p.m. ...
ATI names Netta Washington to Lead HPMC Segment
Experienced leader with track record of increasing operational performance DALLAS , May 2, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announces that Netta Washington has joined as Executive Vice Presid...
ATI Announces First Quarter 2024 Results
Continued strong year-over-year revenue growth in aerospace and defense Q1 2024 sales of $1.04 billion, up modestly from Q1 2023 Q1 2024 net income attributable to ATI of $66.1 million, or $0.46 per s...
ATI Celebrates Completion of Most Advanced Materials Finishing Operations
Vandergrift expansion significant to Specialty Rolled Products transformation VANDERGRIFT, Pa. , April 11, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) celebrated completion of its expansion at Vandergri...
Mutual Aid EMS Clinicians Recognized at Allegheny Health Network Trauma Symposium
GREENSBURG, Pa.--(BUSINESS WIRE)--Three personnel from Mutual Aid Ambulance Service, Inc., the largest ambulance service in Westmoreland County, Pennsylvania, were recognized at the 10th Annual Allegh...
ATI Announces Webcast for First Quarter 2024 Results
DALLAS , April 2, 2024 /PRNewswire/ -- ATI (NYSE: ATI) has scheduled the live webcast for its first quarter 2024 earnings conference call on Tuesday, April 30, 2024, at 7:30 a.m. CT (8:30 a.m.
ATI Celebrates Commissioning of New Press Critical to Titanium Production
Senator Ted Budd commemorated event at ATI in Bakers, North Carolina BAKERS, N.C., March 19, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) celebrated the commissioning of its state-of-the-art 12,500-ton b...
ATI names Vaishali Bhatia General Counsel and Chief Compliance Officer
DALLAS , March 14, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) has named Vaishali Bhatia Senior Vice President, General Counsel and Chief Compliance Officer, effective March 20, 2024. She'll lead all as...
Bechtel Plant Machinery Inc. Selects Velo3D's Metal Additive Manufacturing Solution To Revolutionize the Supply Chain for the U.S. Navy
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Velo3D, Inc. (NYSE: VLD), today announced Bechtel Plant Machinery Inc. (BPMI) has selected a fully integrated metal additive manufacturing solution from the com...
ATI CFO Don Newman to speak at 2024 JP Morgan Industrials Conference
DALLAS , March 6, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) Chief Financial Officer Don Newman will speak at the 2024 JP Morgan Industrials Conference in New York City, New York, on March 13, 2024 at ...
ATI Elects Kimberly A. Fields as President and CEO
Robert S. Wetherbee to become Executive Chairman DALLAS , Feb. 23, 2024 /PRNewswire/ -- The Board of Directors of ATI (NYSE: ATI) has elected Kimberly A. Fields as President and CEO, effective July 1...
ATI CFO Don Newman to speak at Cowen Aerospace & Defense Conference
DALLAS , Feb. 7, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) Chief Financial Officer Don Newman will speak at the Cowen 45th Annual Aerospace & Defense Conference in Arlington, Virginia, on February 14,...
Alpine Forms Strategic Alliance With Allegheny Performance Plastics
DALLAS--(BUSINESS WIRE)--Alpine Advanced Materials has formed a strategic alignment with Allegheny Performance Plastics.
ATI Announces Fourth Quarter and Full Year 2023 Results
Continued strong performance and year-over-year revenue growth in aerospace and defense Q4 2023 sales of $1.06 billion, up 5% over Q4 2022; full year 2023 sales of $4.17 billion, up 9% over full year ...
ATI Announces Webcast for Fourth Quarter and Full Year 2023 Results
DALLAS , Jan. 4, 2024 /PRNewswire/ -- ATI (NYSE: ATI) will webcast its fourth quarter and full year 2023 conference call with the financial community on Thursday, February 1, 2024, at 9:30 a.m. CT (10...
This Analyst With 84% Accuracy Rate Sees Over 19% Upside In Dell Technologies - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts - ATI (NYSE:ATI), Dell Technologies (NYSE:DELL)
U.S. stocks closed higher on Friday, with the S&P 500 index jumping to a new closing high for 2023.
ATI targets 2027 revenue exceeding $5 billion on platform of organic growth
Company leaders to share insights into expanding A&D business, affirm long-term strategy NEW YORK , Nov. 29, 2023 /PRNewswire/ -- At its 2023 Investor Update, ATI Inc. (NYSE: ATI) forecast revenues ex...
Allegheny County Voters Concerned About Crime in DA and County Executive Race, Says New Poll By SURVIVOR PAC
PITTSBURGH--(BUSINESS WIRE)--SURVIVOR PAC, the political action committee recently launched by Miss Pittsburgh Madison Campbell with the mission of advocating for survivors of sexual assault and other...
ATI Announces Third Quarter 2023 Results
Increasing Aerospace & Defense content drives year-over-year earnings growth Q3 2023 sales of $1.03 billion Q3 2023 net income attributable to ATI of $75.7 million, or $0.52 per share Aerospace and de...
ATI to host in-person investor update on November 29
Company leaders to share insights into expanding A&D business, affirm long-term strategy DALLAS , Oct. 23, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) will host an Investor Update event from 9:00 AM to ...
ATI reduces U.S. defined benefit pension obligation by approximately 85% through annuitization
DALLAS , Oct. 18, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced that it will purchase group annuity contracts from Athene Annuity and Life Company and Athene Annuity & Life Assurance Company of ...
ATI Announces Webcast for Third Quarter 2023 Results
DALLAS , Sept. 28, 2023 /PRNewswire/ -- ATI (NYSE: ATI) will provide live internet listening access to its conference call with the financial community scheduled for Thursday, November 2, 2023, at 9:3...
KBRA Releases Report for Allegheny County Airport Authority (Pittsburgh International Airport) Airport Revenue Bonds
NEW YORK--(BUSINESS WIRE)-- #KBRA--On September 21, 2023, KBRA assigned an A+ rating with a Stable Outlook to the Allegheny County Airport Authority's ("ACAA's") Airport Revenue Bonds, Series 2023A (A...