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ATI Inc. (ATI) Hits Fresh High: Is There Still Room to Run?
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Have you been paying attention to shares of ATI (ATI - Free Report) ? Shares have been on the move with the stock up 20.3% over the past month. The stock hit a new 52-week high of $122.57 in the previous session. ATI has gained 4.5% since the start of the year compared to the 35% gain for the Zacks Aerospace sector and the 38.4% return for the Zacks Aerospace - Defense Equipment industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 28, 2025, ATI reported EPS of $0.85 versus consensus estimate of $0.75.
For the current fiscal year, ATI is expected to post earnings of $3.95 per share on $4.6 in revenues. Meanwhile, for the next fiscal year, the company is expected to earn $4.75 per share on $4.98 in revenues. This represents a year-over-year change of 23.6% and 8.14%, respectively.
Valuation Metrics
Though ATI has recently hit a 52-week high, what is next for ATI? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
ATI has a Value Score of C. The stock's Growth and Momentum Scores are C and A, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 30.3X current fiscal year EPS estimates, which is not in-line with the peer industry average of 35.4X. On a trailing cash flow basis, the stock currently trades at 33.8X versus its peer group's average of 31.4X. Additionally, the stock has a PEG ratio of 1.23. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, ATI currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if ATI meets the list of requirements. Thus, it seems as though ATI shares could still be poised for more gains ahead.
How Does ATI Stack Up to the Competition?
Shares of ATI have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Moog Inc. (MOG.A - Free Report) . MOG.A has a Zacks Rank of #2 (Buy) and a Value Score of B, a Growth Score of A, and a Momentum Score of A.
Earnings were strong last quarter. Moog Inc. beat our consensus estimate by 14.29%, and for the current fiscal year, MOG.A is expected to post earnings of $9.83 per share on revenue of $4.21 billion.
Shares of Moog Inc. have gained 7.4% over the past month, and currently trade at a forward P/E of 25.71X and a P/CF of 20.92X.
The Aerospace - Defense Equipment industry is in the top 29% of all the industries we have in our universe, so it looks like there are some nice tailwinds for ATI and MOG.A, even beyond their own solid fundamental situation.
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ATI Inc. (ATI) Hits Fresh High: Is There Still Room to Run?
Have you been paying attention to shares of ATI (ATI - Free Report) ? Shares have been on the move with the stock up 20.3% over the past month. The stock hit a new 52-week high of $122.57 in the previous session. ATI has gained 4.5% since the start of the year compared to the 35% gain for the Zacks Aerospace sector and the 38.4% return for the Zacks Aerospace - Defense Equipment industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 28, 2025, ATI reported EPS of $0.85 versus consensus estimate of $0.75.
For the current fiscal year, ATI is expected to post earnings of $3.95 per share on $4.6 in revenues. Meanwhile, for the next fiscal year, the company is expected to earn $4.75 per share on $4.98 in revenues. This represents a year-over-year change of 23.6% and 8.14%, respectively.
Valuation Metrics
Though ATI has recently hit a 52-week high, what is next for ATI? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
ATI has a Value Score of C. The stock's Growth and Momentum Scores are C and A, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 30.3X current fiscal year EPS estimates, which is not in-line with the peer industry average of 35.4X. On a trailing cash flow basis, the stock currently trades at 33.8X versus its peer group's average of 31.4X. Additionally, the stock has a PEG ratio of 1.23. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, ATI currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if ATI meets the list of requirements. Thus, it seems as though ATI shares could still be poised for more gains ahead.
How Does ATI Stack Up to the Competition?
Shares of ATI have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Moog Inc. (MOG.A - Free Report) . MOG.A has a Zacks Rank of #2 (Buy) and a Value Score of B, a Growth Score of A, and a Momentum Score of A.
Earnings were strong last quarter. Moog Inc. beat our consensus estimate by 14.29%, and for the current fiscal year, MOG.A is expected to post earnings of $9.83 per share on revenue of $4.21 billion.
Shares of Moog Inc. have gained 7.4% over the past month, and currently trade at a forward P/E of 25.71X and a P/CF of 20.92X.
The Aerospace - Defense Equipment industry is in the top 29% of all the industries we have in our universe, so it looks like there are some nice tailwinds for ATI and MOG.A, even beyond their own solid fundamental situation.