ATI Inc. (ATI)

NYSE: ATI · Real-Time Price · USD
58.02
-0.21 (-0.36%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.36%
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]

Sector Industrials
Founded 1960
Employees 7,300
Stock Exchange NYSE
Ticker Symbol ATI
Full Company Profile

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 Statements

Analyst 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.

Price Target
$74.83
(28.97% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

14 days ago - PRNewsWire

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...

22 days ago - Seeking Alpha

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...

22 days ago - PRNewsWire

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.

5 weeks ago - Business Wire

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.

7 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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.

5 months ago - PRNewsWire

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].

5 months ago - PRNewsWire

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...

5 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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. ...

5 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

7 months ago - Seeking Alpha

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

8 months ago - Business Wire

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.

8 months ago - PRNewsWire

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...

8 months ago - Seeking Alpha

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...

8 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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...

9 months ago - Business Wire

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 ...

9 months ago - PRNewsWire