ATI Inc. (ATI)
Market Cap | 8.28B |
Revenue (ttm) | 4.25B |
Net Income (ttm) | 376.40M |
Shares Out | 142.64M |
EPS (ttm) | 2.61 |
PE Ratio | 22.24 |
Forward PE | 22.01 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 741,071 |
Open | 58.30 |
Previous Close | 58.23 |
Day's Range | 57.77 - 58.63 |
52-Week Range | 38.04 - 68.92 |
Beta | 1.08 |
Analysts | Buy |
Price Target | 74.83 (+28.97%) |
Earnings Date | Oct 29, 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 8 analysts, the average rating for ATI stock is "Buy." The 12-month stock price forecast is $74.83, which is an increase of 28.97% from the latest price.
News
ATI announces sale of precision rolled strip operations to Ulbrich
Sharpens focus on strategic aerospace and defense markets, streamlines operations DALLAS , Nov. 6, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced it completed the sale of its precision rolled str...
ATI Inc (ATI) Q3 2024 Earnings Call Transcript
ATI Inc (NYSE:ATI) Q3 2024 Results Conference Call October 29, 2024 8:30 AM ET Company Participants David Weston - Vice President of Investor Relations Kim Fields - President, CEO & Director Don Newm...
ATI Announces Third Quarter 2024 Results
Ninth consecutive quarter with sales in excess of $1 billion Q3 2024 sales of $1.05 billion Q3 2024 net income attributable to ATI of $82.7 million, or $0.57 per share Aerospace & defense represent 62...
See Democracy in Action: Allegheny County High Schools Conduct Voter Registration Drives This Week
--(BUSINESS WIRE)-- #HighSchoolVoterRegistration--SEE DEMOCRACY IN ACTION: MULTIPLE ALLEGHENY COUNTY HIGH SCHOOLS CONDUCT VOTER REGISTRATION DRIVES THIS WEEK.
ATI Announces Webcast for Third Quarter 2024 Results
DALLAS , Oct. 1, 2024 /PRNewswire/ -- ATI (NYSE: ATI) has scheduled the live webcast for its third quarter 2024 earnings conference call on Tuesday, October 29, 2024, at 7:30 a.m. CT (8:30 a.m.
ATI CEO and CFO to speak at Morgan Stanley 12th Annual Laguna Conference
DALLAS , Sept. 4, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) President and Chief Executive Officer Kim Fields and Executive Vice President and Chief Financial Officer Don Newman will speak at the Morga...
ATI Announces Multi-Year $700 Million Share Repurchase Program, Upcoming Convertible Notes Redemption
PITTSBURGH , Sept. 3, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced that its Board of Directors has authorized the repurchase of up to $700 million of its outstanding common stock, which the Com...
ATI Announces Second Quarter 2024 Results
Strong performance in Aerospace & Defense propels sequential growth Q2 2024 sales of $1.1 billion, up 5% from Q1 2024 Q2 2024 net income attributable to ATI of $81.9 million, or $0.58 per share, up 26...
ATI celebrates aerospace leadership with $4 billion in sales commitments
$2.2 billion to be delivered by 2030 FARNBOROUGH, England , July 23, 2024 /PRNewswire/ -- At the Farnborough International Airshow, ATI Inc. (NYSE: ATI) is celebrating its aerospace leadership by anno...
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: Near Term Resistance, But Strong Long-Term Prospects And Decent Valuation (Rating Upgrade)
The AA&S segment remains weak but showing improvement, and the HPMC segment continues to show strength. Strong demand primarily in the A&D end market should continue to drive growth in the quarters ah...
Scary Headlines Open A Window Of Opportunity With ATI Stock
Commercial aerospace has seen more than its share of bad press, with the latest being a report of faulty titanium components making it into Airbus and Boeing planes. Given how ATI sources its titanium...
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, Inc. (ATI) Q1 2024 Earnings Call Transcript
ATI, Inc. (NYSE:ATI) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants David Weston - Vice President, Investor Relations Robert Wetherbee - Board Chair and Chief Executi...
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.
Commercial Aerospace And Defense Drive ATI's Growth Amidst Market Fluctuations
ATI Inc. expects a flat first half of 2024 followed by a strong recovery in the second half, with momentum continuing into 2025 and 2026. The company operates in the high-performance materials and sol...
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 ...