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The closing price of ATI Inc (NYSE: ATI) was $64.28 for the day, up 6.60% from the previous closing price of $60.30. In other words, the price has increased by $6.60 from its previous closing price. On the day, 1.9 million shares were traded. ATI stock price reached its highest trading level at $65.605 during the session, while it also had its lowest trading level at $61.72.
Ratios:
Our analysis of ATI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 120.83. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 2.81. In the meantime, Its Debt-to-Equity ratio is 1.72 whereas as Long-Term Debt/Eq ratio is at 1.70.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BTIG Research on June 26, 2024, initiated with a Buy rating and assigned the stock a target price of $70.
On April 11, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $70.Deutsche Bank initiated its Buy rating on April 11, 2024, with a $70 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 29 ’24 when Davis Elliot S sold 45,351 shares for $49.12 per share. The transaction valued at 2,227,641 led to the insider holds 123,927 shares of the business.
Harris Timothy J sold 6,325 shares of ATI for $264,891 on Feb 13 ’24. The Senior VP and CDIO now owns 103,006 shares after completing the transaction at $41.88 per share. On Feb 12 ’24, another insider, Harris Timothy J, who serves as the Senior VP and CDIO of the company, sold 6,325 shares for $42.44 each. As a result, the insider received 268,433 and left with 109,331 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ATI now has a Market Capitalization of 7999067136 and an Enterprise Value of 9887392768. As of this moment, ATI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.70, and their Forward P/E ratio for the next fiscal year is 20.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.91 while its Price-to-Book (P/B) ratio in mrq is 6.33. Its current Enterprise Value per Revenue stands at 2.366 whereas that against EBITDA is 18.723.
Stock Price History:
Over the past 52 weeks, ATI has reached a high of $63.12, while it has fallen to a 52-week low of $35.03. The 50-Day Moving Average of the stock is 10.03%, while the 200-Day Moving Average is calculated to be 32.02%.
Shares Statistics:
ATI traded an average of 1.72M shares per day over the past three months and 1081830 shares per day over the past ten days. A total of 126.88M shares are outstanding, with a floating share count of 122.60M. Insiders hold about 1.48% of the company’s shares, while institutions hold 119.51% stake in the company. Shares short for ATI as of 1721001600 were 5037251 with a Short Ratio of 2.93, compared to 1718323200 on 7393827. Therefore, it implies a Short% of Shares Outstanding of 5037251 and a Short% of Float of 6.98.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.44.
