ATI Inc (NYSE: ATI) has reported E.P.S. of $0.64 for its third fiscal quarter (ending September 30) versus $0.70 for the same period a year ago — a decline of -9%. For the latest four quarters through September 30, E.P.S. were $2.97 versus $2.66 for the same period a year ago — an increase of 12%.
Recent Price Action
On 10/29/24, ATI Inc (NYSE: ATI) stock suffered a major decline of -10.1%, closing at $56.82. Moreover, this decline was accompanied by exceptionally high trading volume at 426% of normal. The stock has declined -10.4% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ATI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
ATI has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. ATI has a poor Appreciation Score of 25 but a very high Power Rating of 98, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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