ATI Stock Summary and Trading Ideas (Ati | NYSE:ATI)

ATI Inc supplies specialty metals to various end markets, including aerospace and defense, oil and gas, automotive, and electrical energy, among many others. The company's operating segment includes High-Performance Materials and Components and Advanced Alloys and Solutions. The majority of revenue is from the High-Performance Materials segment. The High-Performance Materials segment is focused on a wide range of high-performance specialty materials, parts, and components for several major end markets, including the aerospace & defense, medical, and energy markets. Geographically, it operates in the United States, China, the United Kingdom, Germany, France, Canada, and Others, the majority is from the United States.

Ati trades on the NYSE stock market under the symbol ATI.

As of January 28, 2025, ATI stock price climbed to $57.17 with 586,251 million shares trading.

ATI has a beta of 1.17, meaning it tends to be more sensitive to market movements. ATI has a correlation of 0.18 to the broad based SPY ETF.

ATI has a market cap of $8.15 billion. This is considered a Mid Cap stock.

Last quarter Ati reported $1 billion in Revenue and $.60 earnings per share. This fell short of revenue expectation by $-69 million and missed earnings estimates by -$.06.

In the last 3 years, ATI traded as high as $68.92 and as low as $17.71.

The top ETF exchange traded funds that ATI belongs to (by Net Assets): IJR, VTI, VB, VXF, VBK.

ATI has outperformed the market in the last year with a price return of +39.0% while the SPY ETF gained +25.4%. However, in the short term, ATI had mixed performance relative to the market. It has underperformed in the last 3 months, returning -6.9% vs +4.7% return in SPY. But in the last 2 weeks, ATI shares have fared better than the market returning +3.9% compared to SPY +3.9%.

ATI support price is $55.35 and resistance is $57.24 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ATI shares will trade within this expected range on the day.