ATI Inc. (ATI)

NYSE: ATI · IEX Real-Time Price · USD
49.22
+0.12 (0.24%)
At close: Apr 24, 2024, 4:00 PM
49.63
+0.41 (0.83%)
After-hours: Apr 24, 2024, 5:28 PM EDT
0.24%
Market Cap 6.29B
Revenue (ttm) 4.17B
Net Income (ttm) 410.80M
Shares Out 127.78M
EPS (ttm) 2.81
PE Ratio 17.52
Forward PE 21.27
Dividend n/a
Ex-Dividend Date n/a
Volume 1,095,583
Open 48.95
Previous Close 49.10
Day's Range 48.15 - 49.45
52-Week Range 34.10 - 52.98
Beta 1.23
Analysts Strong Buy
Price Target 56.00 (+13.78%)
Earnings Date Apr 30, 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 6 analysts, the average rating for ATI stock is "Strong Buy." The 12-month stock price forecast is $56.0, which is an increase of 13.78% from the latest price.

Price Target
$56.0
(13.78% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

13 days 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...

16 days 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.

22 days ago - PRNewsWire

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...

5 weeks 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...

5 weeks 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...

Other symbols: VLD
6 weeks 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 ...

7 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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,...

2 months ago - PRNewsWire

Alpine Forms Strategic Alliance With Allegheny Performance Plastics

DALLAS--(BUSINESS WIRE)--Alpine Advanced Materials has formed a strategic alignment with Allegheny Performance Plastics.

2 months ago - Business Wire

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 ...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

6 months ago - Business Wire

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...

6 months ago - PRNewsWire

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 ...

6 months ago - PRNewsWire

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 ...

6 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

7 months ago - Business Wire

ATI to establish additive manufacturing facility to serve U.S. Navy

Metal additive manufacturing and machining capabilities will support contract with BPMI DALLAS , Sept. 7, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) has been awarded a contract by Bechtel Plant Machine...

8 months ago - PRNewsWire

ATI Announces Pricing of Senior Notes Offering

DALLAS , Aug. 7, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced today that it has successfully upsized and priced its public offering of senior notes. ATI has agreed to sell $425,000,000 aggregat...

9 months ago - PRNewsWire

ATI Announces Proposed Senior Notes Offering

DALLAS , Aug. 7, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced today its intention to offer $400 million aggregate principal amount of a series of senior notes (the "Notes"), subject to market a...

9 months ago - PRNewsWire

ATI Announces Second Quarter 2023 Results

Strong performance in Aerospace & Defense propels sequential and year over year growth Q2 2023 sales of $1.05 billion up 1% over Q1 2023 and 9% higher than Q2 2022 Q2 2023 net income attributable to A...

9 months ago - PRNewsWire

ATI announces Richland, Washington as site of titanium melt expansion

Premium quality expansion will double operations to serve aerospace and defense DALLAS , July 19, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced its Richland, Washington operations as the locatio...

10 months ago - PRNewsWire