Market Update: ATI Inc (ATI) Sees Negative Movement, Closing at 57.79

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

In the latest session, ATI Inc (NYSE: ATI) closed at $57.79 down -4.04% from its previous closing price of $60.22. In other words, the price has decreased by -$4.04 from its previous closing price. On the day, 1.87 million shares were traded. ATI stock price reached its highest trading level at $60.185 during the session, while it also had its lowest trading level at $57.5.

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 20.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.57. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 2.94. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 1.04.

On September 05, 2024, Susquehanna started tracking the stock assigning a Positive rating and target price of $75.

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

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 Dec 04 ’24 when WETHERBEE ROBERT S sold 25,000 shares for $58.99 per share. The transaction valued at 1,474,750 led to the insider holds 436,443 shares of the business.

Busch Tina Killough sold 2,598 shares of ATI for $155,919 on Dec 04 ’24. The SVP, CHRO now owns 21,553 shares after completing the transaction at $60.02 per share. On Dec 04 ’24, another insider, Busch Tina Killough, who serves as the Officer of the company, bought 2,598 shares for $60.02 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 8243339776 and an Enterprise Value of 9840714752. As of this moment, ATI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.18, and their Forward P/E ratio for the next fiscal year is 19.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.94 while its Price-to-Book (P/B) ratio in mrq is 4.60. Its current Enterprise Value per Revenue stands at 2.314 whereas that against EBITDA is 17.482.

Stock Price History:

The Beta on a monthly basis for ATI is 1.11, which has changed by 0.53818643 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, ATI has reached a high of $68.92, while it has fallen to a 52-week low of $38.04. The 50-Day Moving Average of the stock is 1.16%, while the 200-Day Moving Average is calculated to be -2.44%.

Shares Statistics:

For the past three months, ATI has traded an average of 1.44M shares per day and 1161840 over the past ten days. A total of 142.63M shares are outstanding, with a floating share count of 140.70M. Insiders hold about 1.36% of the company’s shares, while institutions hold 93.06% stake in the company. Shares short for ATI as of 1736899200 were 3812427 with a Short Ratio of 2.64, compared to 1734048000 on 2943475. Therefore, it implies a Short% of Shares Outstanding of 3812427 and a Short% of Float of 4.22.

Dividends & Splits

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

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