With 1.32 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.52 million shares. During the session, the Metal Fabrication company that operates in wider Industrials sector, reached to the highest price of $67.44 whereas the lowest price it dropped to was $65.14. The 52-week range on ATI shows that it touched its highest point at $68.92 and its lowest point at $35.03 during that stretch. It currently has a 1-year price target of $73.00. Beta for the stock currently stands at 1.05.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ATI was up-trending over the past week, with a rise of 0.99%, but this was down by -0.09% over a month. Three-month performance surged to 15.57% while six-month performance rose 28.28%. The stock gained 58.27% in the past year, while it has gained 43.66% so far this year. A look at the trailing 12-month EPS for ATI yields 2.55 with Next year EPS estimates of 3.25. For the next quarter, that number is 0.67. This implies an EPS growth rate of -2.55% for this year and 30.42% for next year. EPS is expected to grow by 16.52% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 11.74%.
Float and Shares Shorts:
At present, 126.88 million ATI shares are outstanding with a float of 122.65 million shares on hand for trading. On 2024-09-13, short shares totaled 2.3 million, which was 185.0 higher than short shares on 1723680000. In addition to Mr. Robert S. Wetherbee as the firm’s Executive Chairman, Ms. Kimberly A. Fields serves as its President, CEO & Director.
Institutional Ownership:
Through their ownership of 1.07687 of ATI’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, ATI reported revenue of $1095300000.0 and operating income of $138500000.0. The EBITDA in the recently reported quarter was $173100000.0 and diluted EPS was $0.58.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ATI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
