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ATI Inc. (ATI) Soars to 52-Week High, Time to Cash Out?
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Shares of ATI (ATI - Free Report) have been strong performers lately, with the stock up 28.7% over the past month. The stock hit a new 52-week high of $203.6 in the previous session. ATI has gained 73% since the start of the year compared to the 2.9% move for the Zacks Aerospace sector and the 12.5% return for the Zacks Aerospace - Defense Equipment industry.
What's Driving the Outperformance?
The stock has an impressive 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 April 30, 2026, ATI reported EPS of $1 versus consensus estimate of $0.88 while it missed the consensus revenue estimate by 2.92%.
For the current fiscal year, ATI is expected to post earnings of $4.35 per share on $4.98 in revenues. This represents a 34.26% change in EPS on a 8.57% change in revenues. For the next fiscal year, the company is expected to earn $5.33 per share on $5.44 in revenues. This represents a year-over-year change of 22.46% and 9.28%, respectively.
Valuation Metrics
While ATI has moved to its 52-week high in the recent past, investors need to be asking, what is next for the company? 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 D. The stock's Growth and Momentum Scores are A and D, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 45.6X current fiscal year EPS estimates, which is a premium to the peer industry average of 37.3X. On a trailing cash flow basis, the stock currently trades at 43.3X versus its peer group's average of 32.5X. Additionally, the stock has a PEG ratio of 1.74. 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 look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, ATI currently has a Zacks Rank of #2 (Buy) thanks to a solid earnings estimate revision trend.
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 have potential in the weeks and months to come.
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 D, a Growth Score of A, and a Momentum Score of D.
Earnings were strong last quarter. Moog Inc. beat our consensus estimate by 10.92%, and for the current fiscal year, MOG.A is expected to post earnings of $10.61 per share on revenue of $4.31 billion.
Shares of Moog Inc. have gained 30.1% over the past month, and currently trade at a forward P/E of 37.24X and a P/CF of 32.71X.
The Aerospace - Defense Equipment industry is in the top 19% 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) Soars to 52-Week High, Time to Cash Out?
Shares of ATI (ATI - Free Report) have been strong performers lately, with the stock up 28.7% over the past month. The stock hit a new 52-week high of $203.6 in the previous session. ATI has gained 73% since the start of the year compared to the 2.9% move for the Zacks Aerospace sector and the 12.5% return for the Zacks Aerospace - Defense Equipment industry.
What's Driving the Outperformance?
The stock has an impressive 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 April 30, 2026, ATI reported EPS of $1 versus consensus estimate of $0.88 while it missed the consensus revenue estimate by 2.92%.
For the current fiscal year, ATI is expected to post earnings of $4.35 per share on $4.98 in revenues. This represents a 34.26% change in EPS on a 8.57% change in revenues. For the next fiscal year, the company is expected to earn $5.33 per share on $5.44 in revenues. This represents a year-over-year change of 22.46% and 9.28%, respectively.
Valuation Metrics
While ATI has moved to its 52-week high in the recent past, investors need to be asking, what is next for the company? 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 D. The stock's Growth and Momentum Scores are A and D, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 45.6X current fiscal year EPS estimates, which is a premium to the peer industry average of 37.3X. On a trailing cash flow basis, the stock currently trades at 43.3X versus its peer group's average of 32.5X. Additionally, the stock has a PEG ratio of 1.74. 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 look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, ATI currently has a Zacks Rank of #2 (Buy) thanks to a solid earnings estimate revision trend.
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 have potential in the weeks and months to come.
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 D, a Growth Score of A, and a Momentum Score of D.
Earnings were strong last quarter. Moog Inc. beat our consensus estimate by 10.92%, and for the current fiscal year, MOG.A is expected to post earnings of $10.61 per share on revenue of $4.31 billion.
Shares of Moog Inc. have gained 30.1% over the past month, and currently trade at a forward P/E of 37.24X and a P/CF of 32.71X.
The Aerospace - Defense Equipment industry is in the top 19% 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.