ATI Inc (NYSE: ATI) is 3.07% higher on its value in year-to-date trading and has touched a low of $45.91 and a high of $68.92 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ATI stock was last observed hovering at around $56.32 in the last trading session, with the day’s gains setting it 0.41%.
Currently trading at $56.73, the stock is -6.21% and -1.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.6 million and changing 0.73% at the moment leaves the stock -5.21% off its SMA200. ATI registered 21.40% gain for a year compared to 6-month loss of -15.54%.
The stock witnessed a 0.78% gain in the last 1 month and extending the period to 3 months gives it a -2.46%, and is -7.64% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.88% over the week and 3.88% over the month.
ATI Inc (ATI) has around 7300 employees, a market worth around $8.07B and $4.36B in sales. Current P/E ratio is 22.21 and Fwd P/E is 15.78. Profit margin for the company is 8.43%. Distance from 52-week low is 23.57% and -17.69% from its 52-week high. The company has generated returns on investments over the last 12 months (10.32%).
The EPS is expected to grow by 17.59% this year
The shares outstanding are 142.17M, and float is at 140.24M with Short Float at 2.19%.
The top institutional shareholder in the company is CAPITAL INTERNATIONAL INVESTORS with over 15.1 million shares valued at $$837.36 million. The investor’s holdings represent 12.1364 of the ATI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.54 million shares valued at $$861.91 million to account for 10.8731 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 13.23 million shares representing 9.2526 and valued at over $$733.46 million, while FMR LLC holds 5.8367 of the shares totaling 7.26 million with a market value of $$402.61 million.
ATI Inc (ATI) Insider Activity
The most recent transaction is an insider sale by Busch Tina Killough, the company’s SVP, CHRO. SEC filings show that Busch Tina Killough sold 9,900 shares of the company’s common stock on Feb 06 ’25 at a price of $66.41 per share for a total of $0.66 million. Following the sale, the insider now owns 25994.0 shares.
Still, SEC filings show that on Dec 04 ’24, WETHERBEE ROBERT S (Executive Chairman) disposed off 25,000 shares at an average price of $58.99 for $1.47 million. The insider now directly holds 436,443 shares of ATI Inc (ATI).
