ATI Inc. (ATI)

NYSE: ATI · IEX Real-Time Price · USD
45.47
-0.81 (-1.75%)
Dec 29, 2023, 4:00 PM EST - Market closed
-1.75%
Market Cap 5.80B
Revenue (ttm) 4.12B
Net Income (ttm) 298.70M
Shares Out 127.58M
EPS (ttm) 2.06
PE Ratio 22.07
Forward PE 18.73
Dividend n/a
Ex-Dividend Date n/a
Volume 764,655
Open 46.14
Previous Close 46.28
Day's Range 45.33 - 46.35
52-Week Range 29.37 - 47.92
Beta 1.29
Analysts Strong Buy
Price Target 50.33 (+10.69%)
Earnings Date Feb 1, 2024

About ATI

ATI Inc. manufactures and sells specialty materials and 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, 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, components, and machined p... [Read more]

Sector Industrials
Founded 1960
Employees 6,700
Stock Exchange NYSE
Ticker Symbol ATI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for ATI stock is "Strong Buy." The 12-month stock price forecast is $50.33, which is an increase of 10.69% from the latest price.

Price Target
$50.33
(10.69% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

4 weeks 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...

2 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...

2 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 ...

2 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 ...

2 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...

3 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...

3 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...

4 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...

5 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...

5 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...

5 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...

5 months ago - PRNewsWire

ATI Announces Webcast for Second Quarter 2023 Results

DALLAS , July 3, 2023 /PRNewswire/ -- ATI (NYSE: ATI) will provide live internet listening access to its conference call with the financial community scheduled for Wednesday, August 2, 2023, at 9:30 a...

6 months ago - PRNewsWire

ATI names David Weston Vice President, Investor Relations

Proven aerospace and defense financial leader   DALLAS , June 26, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) has named David Weston vice president of Investor Relations, effective July 1. Dave will wor...

6 months ago - PRNewsWire

ATI secures estimated $1.2 billion in aerospace and defense sales commitments

Significant new and increased share positions solidify ATI as aero industry leader  PARIS , June 19, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced it has secured an estimated $1.2 billion in new...

6 months ago - PRNewsWire

Kimberly Fields Named President and Chief Operating Officer

Driving strategic growth through tightly aligned operations and disciplined execution  DALLAS , June 6, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) today announced that Kimberly A. Fields will become pr...

7 months ago - PRNewsWire

CPP Announces Acquisition of Allegheny Commons Apartments in Pittsburgh, Pennsylvania

Planned renovation of 136-unit complex marks CPP's first investment in Pittsburgh Planned renovation of 136-unit complex marks CPP's first investment in Pittsburgh

8 months ago - GlobeNewsWire

ATI Announces First Quarter 2023 Results

Aerospace and Defense sales propel strong year over year growth Q1 2023 sales of $1.04 billion up 3% over Q4 2022 and 25% higher than Q1 2022 Q1 2023 net income attributable to ATI of $70.1 million, o...

8 months ago - PRNewsWire

ATI Announces Webcast for First Quarter 2023 Results

DALLAS , March 30, 2023 /PRNewswire/ -- ATI (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Thursday, May 4th, 2023, at 10:30 ...

9 months ago - PRNewsWire

Global Financial Expert Ruby Sharma Joins ATI Board

DALLAS , March 2, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) today announced that Ruby Sharma has been appointed to the ATI Board of Directors. Sharma is a global business leader with cross-sector fina...

10 months ago - PRNewsWire

ATI Announces Fourth Quarter 2022 Results

Continued strong performance and year-over-year revenue growth in aerospace and defense Q4 2022 sales of $1.01 billion up 32% over Q4 2021; full year 2022 sales of $3.84 billion up 37% over full year ...

11 months ago - PRNewsWire

5 Steel Stocks Hit New 12-Month Highs

These steel stocks are hotter than Tesla, Amazon, Apple and NVIDIA, if you measure hotness by price chart out-performance.

Other symbols: CMCGGBRSTS
1 year ago - Forbes

ATI Announces Webcast for Fourth Quarter 2022 Results

DALLAS , Jan. 3, 2023 /PRNewswire/ -- ATI (NYSE: ATI) will provide live internet listening access to its conference call with the financial community scheduled for Thursday, February 2, 2023, at 10:30...

1 year ago - PRNewsWire

ATI names Jimmy Williams Chief Technology Officer

DALLAS , Nov. 3, 2022 /PRNewswire/ -- ATI Inc. (NYSE: ATI) has named Jimmy Williams, Jr. as Senior Vice President and Chief Technology Officer. This newly created role elevates technology at ATI and a...

1 year ago - PRNewsWire