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As of close of business last night, ATI Inc’s stock clocked out at $57.87, down -0.03% from its previous closing price of $57.89. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 1.09 million shares were traded. ATI stock price reached its highest trading level at $58.95 during the session, while it also had its lowest trading level at $57.57.
Ratios:
To gain a deeper understanding of ATI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 108.78. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 7201400320 and an Enterprise Value of 9089723392. As of this moment, ATI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.14, and their Forward P/E ratio for the next fiscal year is 18.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72 while its Price-to-Book (P/B) ratio in mrq is 5.70. Its current Enterprise Value per Revenue stands at 2.175 whereas that against EBITDA is 17.212.
Stock Price History:
The Beta on a monthly basis for ATI is 1.07, which has changed by 0.267689 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, ATI has reached a high of $62.44, while it has fallen to a 52-week low of $35.03. The 50-Day Moving Average of the stock is -0.60%, while the 200-Day Moving Average is calculated to be 21.17%.
Shares Statistics:
It appears that ATI traded 1.71M shares on average per day over the past three months and 2669540 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 108.46% stake in the company. Shares short for ATI as of 1718323200 were 7393827 with a Short Ratio of 3.99, compared to 1715731200 on 6630417. Therefore, it implies a Short% of Shares Outstanding of 7393827 and a Short% of Float of 10.24.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.44.
