ATI Inc [NYSE: ATI] slipped around -0.23 points on Friday, while shares priced at $52.04 at the close of the session, down -0.44%.
Compared to the average trading volume of 1.59M shares, ATI reached a trading volume of 25925636 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about ATI Inc [ATI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ATI shares is $74.44 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ATI stock is a recommendation set at 1.62. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
KeyBanc Capital Markets have made an estimate for ATI Inc shares, keeping their opinion on the stock as Sector Weight, with their previous recommendation back on October 24, 2024. While these analysts kept the previous recommendation, Susquehanna raised their target price to Positive. The new note on the price target was released on September 05, 2024, representing the official price target for ATI Inc stock. Previously, the target price had yet another raise to $70, while BTIG Research analysts kept a Buy rating on ATI stock.
The Average True Range (ATR) for ATI Inc is set at 2.23, with the Price to Sales ratio for ATI stock in the period of the last 12 months amounting to 1.70. The Price to Book ratio for the last quarter was 3.98, with the Price to Cash per share for the same quarter was set at 5.07. Price to Free Cash Flow for ATI in the course of the last twelve months was 44.01 with Quick ratio for the last quarter at 1.32.
How has ATI stock performed recently?
ATI Inc [ATI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.09. With this latest performance, ATI shares dropped by -14.56% in over the last four-week period, additionally sinking by -16.44% over the last 6 months – not to mention a rise of 8.10% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ATI stock in for the last two-week period is set at 40.05, with the RSI for the last a single of trading hit 40.49, and the three-weeks RSI is set at 41.16 for ATI Inc [ATI]. The present Moving Average for the last 50 days of trading for this stock 57.30, while it was recorded at 51.74 for the last single week of trading, and 59.26 for the last 200 days.
ATI Inc [ATI]: Deeper insight into the fundamentals
ATI Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.32 and a Current Ratio set at 2.44.
Earnings analysis for ATI Inc [ATI]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ATI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for ATI Inc go to 20.74%.
Insider trade positions for ATI Inc [ATI]
There are presently around $97.02%, or 97.95%% of ATI stock, in the hands of institutional investors. The top three institutional holders of ATI stocks are: CAPITAL INTERNATIONAL INVESTORS with ownership of 15.1 million shares, which is approximately 12.1364%. BLACKROCK INC., holding 15.54 million shares of the stock with an approximate value of $$861.91 million in ATI stocks shares; and BLACKROCK INC., currently with $$733.46 million in ATI stock with ownership which is approximately 9.2526%.
