Market Insight: ATI Inc (ATI)’s Notable Drop, Closing at 62.55

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In the latest session, ATI Inc (NYSE: ATI) closed at $62.55 down -0.40% from its previous closing price of $62.80. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 0.91 million shares were traded. ATI stock price reached its highest trading level at $63.155 during the session, while it also had its lowest trading level at $61.7001.

Ratios:

For a deeper understanding of ATI Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 95.05. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 2.13. In the meantime, Its Debt-to-Equity ratio is 1.60 whereas as Long-Term Debt/Eq ratio is at 1.37.

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, Susquehanna on September 05, 2024, initiated with a Positive rating and assigned the stock a target price of $75.

On June 26, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $70.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 15 ’24 when WETHERBEE ROBERT S bought 25,000 shares for $62.23 per share.

WETHERBEE ROBERT S sold 25,000 shares of ATI for $1,540,250 on Sep 16 ’24. The Executive Chairman now owns 511,443 shares after completing the transaction at $61.61 per share. On Sep 16 ’24, another insider, WETHERBEE ROBERT S, who serves as the Officer of the company, bought 25,000 shares for $61.61 each.

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 7785223168 and an Enterprise Value of 9643111424. As of this moment, ATI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.51, and their Forward P/E ratio for the next fiscal year is 19.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84 while its Price-to-Book (P/B) ratio in mrq is 6.16. Its current Enterprise Value per Revenue stands at 2.281 whereas that against EBITDA is 17.71.

Stock Price History:

Over the past 52 weeks, ATI has reached a high of $68.92, while it has fallen to a 52-week low of $35.03. The 50-Day Moving Average of the stock is -1.17%, while the 200-Day Moving Average is calculated to be 13.62%.

Shares Statistics:

For the past three months, ATI has traded an average of 1.28M shares per day and 1131120 over the past ten days. A total of 126.88M shares are outstanding, with a floating share count of 122.81M. Insiders hold about 1.33% of the company’s shares, while institutions hold 106.55% stake in the company. Shares short for ATI as of 1727654400 were 1884198 with a Short Ratio of 1.47, compared to 1724976000 on 5064030. Therefore, it implies a Short% of Shares Outstanding of 1884198 and a Short% of Float of 2.6099999.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 2.44.

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