ATI Inc. (ATI)
(Delayed Data from NYSE)
$63.84 USD
-0.84 (-1.30%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $63.83 -0.01 (-0.02%) 7:58 PM ET
3-Hold of 5 3
C Value A Growth C Momentum B VGM
Company Summary
Pittsburgh, PA-based ATI Inc. is a diversified specialty materials producer. The company was created in November 1999 when Allegheny Teledyne spun out Teledyne Technologies and Water Pik Technologies into standalone companies.
ATI originally had three main business segments: Flat-Rolled Products (FRP), High Performance Metals and Engineered Products. However, the company, in October 2013, announced the restructuring of its Engineered Products segment.
The restructuring includes the integration of the specialty steel forgings business into ATI Ladish’s forgings operations in the High Performance Metals and Components division and ...
Company Summary
Pittsburgh, PA-based ATI Inc. is a diversified specialty materials producer. The company was created in November 1999 when Allegheny Teledyne spun out Teledyne Technologies and Water Pik Technologies into standalone companies.
ATI originally had three main business segments: Flat-Rolled Products (FRP), High Performance Metals and Engineered Products. However, the company, in October 2013, announced the restructuring of its Engineered Products segment.
The restructuring includes the integration of the specialty steel forgings business into ATI Ladish’s forgings operations in the High Performance Metals and Components division and the integration of the precision titanium and specialty alloy flat-rolled finishing business into ATI Allegheny Ludlum’s specialty plate business in the Flat-Rolled Products segment. Other businesses that comprised the Engineered Products division have been classified as discontinued operations and include the tungsten materials business and the iron castings and fabricated components businesses.
ATI, on Nov 4, 2013, completed the sale of its tungsten materials business to Latrobe, PA-based wear-resistant products company Kennametal Inc. for $605 million.
The company started operating under two revised business segments, High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S) effective Jan 1, 2020.
The AA&S segment (49% of 2023 sales) is focused on delivering high-value flat products, mainly to the energy, aerospace, and defense end-markets that account for around 50% of its revenues. It combines the Specialty Alloys & Components business with the company’s former FRP business segment that included the FRP business, the 60%-owned STAL joint venture and the Uniti and A&T Stainless 50%-owned joint ventures.
The HPMC segment (51%) consists of specialty materials and forged products businesses and ATI Europe distribution operations. The segment is primarily focused on maximizing aero-engine materials and components growth. Nearly 80% of its revenues are derived from the aerospace and defense markets.
General Information
ATI Inc
2021 MCKINNEY AVENUE
DALLAS, TX 75201
Phone: 800-289-7454
Fax: 412-394-3034
Email: investorrelations@atimaterials.com
Industry | Steel - Speciality |
Sector | Basic Materials |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/7/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.66 |
Current Year EPS Consensus Estimate | 2.48 |
Estimated Long-Term EPS Growth Rate | 16.50 |
Exp Earnings Date | 11/7/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 64.68 |
52 Week High | 68.92 |
52 Week Low | 35.03 |
Beta | 1.05 |
20 Day Moving Average | 1,562,218.75 |
Target Price Consensus | 70.82 |
4 Week | -4.96 |
12 Week | 15.13 |
YTD | 40.40 |
4 Week | -6.09 |
12 Week | 10.24 |
YTD | 17.44 |
Shares Outstanding (millions) | 124.46 |
Market Capitalization (millions) | 7,945.77 |
Short Ratio | NA |
Last Split Date | 11/30/1999 |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | 0.00 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 25.76 |
Trailing 12 Months | 28.12 |
PEG Ratio | 1.56 |
vs. Previous Year | 1.69% |
vs. Previous Quarter | 25.00% |
vs. Previous Year | 4.71% |
vs. Previous Quarter | 5.02% |
Price/Book | 5.41 |
Price/Cash Flow | 15.68 |
Price / Sales | 1.88 |
6/30/24 | 23.05 |
3/31/24 | 23.72 |
12/31/23 | 24.64 |
6/30/24 | 6.74 |
3/31/24 | 6.91 |
12/31/23 | 7.16 |
6/30/24 | 2.13 |
3/31/24 | 2.81 |
12/31/23 | 2.80 |
6/30/24 | 1.07 |
3/31/24 | 1.37 |
12/31/23 | 1.53 |
6/30/24 | 7.74 |
3/31/24 | 7.83 |
12/31/23 | 7.91 |
6/30/24 | 8.74 |
3/31/24 | 8.70 |
12/31/23 | 8.81 |
6/30/24 | 7.17 |
3/31/24 | 6.93 |
12/31/23 | 7.07 |
6/30/24 | 11.79 |
3/31/24 | 11.03 |
12/31/23 | 11.60 |
6/30/24 | 2.62 |
3/31/24 | 2.56 |
12/31/23 | 2.56 |
6/30/24 | 1.26 |
3/31/24 | 1.56 |
12/31/23 | 1.45 |
6/30/24 | 55.81 |
3/31/24 | 60.98 |
12/31/23 | 59.19 |