ATI Inc. with ticker code (ATI) now have 6 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 50 and 33 suggesting an average Analsyt target price of $44.00. Given that the stocks previous close was at $37.58 this now indicates there is a potential upside of 17.1%. There is a 50 day moving average of $37.95 and the 200 day moving average is $30.49. The company has a market capitalization of $4,651m. Visit the company website at: https://www.atimaterials.com
The potential market cap would be $5,445m 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 materialsluding 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 alloysluding 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 servicesluding 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 39.3, revenue per share of 30.09 and a 5.6% return on assets.
