ATI Inc. which can be found using ticker (ATI) have now 6 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 50 and 33 and has a mean target at $44.00. Now with the previous closing price of $38.83 this is indicating there is a potential upside of 13.3%. It’s also worth noting that there is a 50 day moving average of $39.26 and the 200 moving average now moves to $32.21. The company has a market cap of $4,946m. You can visit the company’s website by visiting: https://www.atimaterials.com
The potential market cap would be $5,605m based on the market consensus.
ATI Inc. manufactures and sells specialty materials and components worldwide. It operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts. The segment serves aerospace and defense, medical, and energy markets. The AA&S segment produces zirconium and related alloys, including hafnium and niobium, nickel-based alloys, titanium and titanium-based alloys, and specialty alloys in a variety of forms, such as plate, sheet, and precision rolled strip products. It also provides hot-rolling conversion services, including carbon steel products. This segment offers its solutions to the energy, aerospace and defense, automotive, and electronics markets. The company was formerly known as Allegheny Technologies Incorporated. ATI Inc. was founded in 1960 and is headquartered in Dallas, Texas.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 40.94, revenue per share of 30.09 and a 5.6% return on assets.
