Key Takeaways ATI benefits from titanium and nickel alloys demand tied to aircraft production and defense programs.Carpenter Technology sees booking growth, pricing power and margin gains from high-value product mix.CRS invests $400M in expansion, while ATI boosts cash flow and funds alloy capacity upgrades.ATI Inc. (ATI) and Carpenter Technology Corporation (CRS) are two prominent players in the specialty metals space, with a focus on high-performance alloys for aerospace, defense and industrial applicatio ...

Carillon Tower Advisers, an investment management company, released its fourth-quarter 2025 investor letter for the “Carillon Scout Mid Cap Fund”. A copy of the letter can be downloaded here. Major U.S. equity indices delivered positive returns in the fourth quarter, while the Russell Midcap® Index return lagged with nominal positive gains. Strong corporate earnings revisions and lower short-term interest rates supported U.S. market returns. Investors’ focus on an optimistic 2026, and consensus outperformed ...

Core Viewpoint - ATI is expected to show positive earnings growth in its upcoming earnings report, with a projected EPS increase of 20.83% year-over-year and revenue growth of 3.57% [2][3] Financial Performance - ATI's stock price recently closed at $147.54, reflecting a -1.4% change from the previous day, underperforming compared to the S&P 500's loss of 0.28% [1] - Over the past month, ATI's stock has increased by 0.72%, contrasting with a 4.12% loss in the Aerospace sector and a 3.59% loss in the S&P 500 [1] Earnings Estimates - The Zacks Consensus Estimates project ATI's full-year earnings at $4.18 per share, representing a 29.01% increase from the previous year, with revenue expected to reach $4.96 billion, an 8.17% increase [3] - The consensus EPS estimate has risen by 0.28% in the past month, indicating analyst optimism [5] Valuation Metrics - ATI has a Forward P/E ratio of 35.78, which is slightly above the industry average of 35.71 [5] - The company's PEG ratio stands at 1.48, compared to the Aerospace - Defense Equipment industry's average PEG ratio of 2.09 [6] Industry Ranking - The Aerospace - Defense Equipment industry, which includes ATI, ranks in the top 35% of all industries according to the Zacks Industry Rank [6] - The Zacks Rank system indicates that ATI currently holds a rank of 2 (Buy), suggesting favorable investment potential [5]

Core Insights - ATI Inc. reported an adjusted free cash flow of $230.3 million in Q4 2025, a 42% decline year-over-year, but full-year cash flow improved by 53.4% to $379.8 million, driven by increased cash from operating activities [1][8] - For 2026, ATI projects adjusted free cash flow between $430 million and $490 million, indicating a 21% year-over-year increase at the midpoint [2][8] - The company is expected to benefit from strong demand in core markets, proprietary products, long-term agreements, and strategic capital spending plans that support growth [3][8] Financial Performance - ATI's full-year cash flow performance showed significant improvement, with cash from operating activities rising to $614.3 million from $407.2 million in the previous year [1] - Compared to its peers, Carpenter Technology Corporation reported a 95% year-over-year increase in operating cash flows, while Howmet Aerospace Inc. achieved a record free cash flow of $1,431 million, up 46% year-over-year [4][5] Market Position - ATI's shares have increased by 184.4% over the past year, outperforming the Zacks Aerospace - Defense Equipment industry's growth of 37.9% [6][8] - The company is currently trading at a forward price-to-sales multiple of 4.03, significantly lower than the industry average of 12.24X, indicating potential undervaluation [9] Earnings Estimates - The Zacks Consensus Estimate for ATI's earnings implies a year-over-year rise of 29.01% for 2026 and 21.19% for 2027, with EPS estimates trending higher over the past 30 days [11]

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The ...

ATI Inc. (NYSE:ATI) is among the best 3D printing stocks to buy according to hedge funds. On February 19, ATI Inc. (NYSE:ATI) announced an expansion of its share repurchase program. The company said its board approved an additional $500 million buyback plan, adding to the $120 million remaining under its previous repurchase authorization. The repurchase program is not subject to timing restrictions, and purchases can be made in the open market or in privately negotiated transactions. ATI Inc. finished 2025 ...

Investment Rating - The report maintains a positive outlook on the domestic commercial aircraft engine industry, suggesting significant investment opportunities in the sector [5]. Core Insights - The demand for commercial aircraft engines is expected to grow due to the increasing delivery of new aircraft and the rising need for maintenance and repair services for existing engines [2][3]. - The global commercial aircraft engine market is characterized by a duopoly, with high technical barriers creating a protective moat around leading manufacturers [12][18]. - The domestic commercial aircraft engine market is in its early stages of industrialization, with promising prospects driven by the demand for domestic large aircraft [4][5]. Summary by Sections Market Demand - The commercial aircraft engine market consists of two main segments: forward (new engine installations) and aftermarket (maintenance and repair) [27]. - The forward market is driven by new aircraft deliveries and the need for spare engines, while the aftermarket is linked to the maintenance of engines in service [28]. - The global commercial aircraft engine forward market is projected to be approximately $1.46 trillion from 2025 to 2044, with an average annual demand of about 5,284 engines [29][31]. Industry Performance - Since 2021, the revenue of overseas commercial aircraft engine manufacturers has grown rapidly, with significant improvements in profitability [3][59]. - GE Aviation's commercial engine business is expected to see a CAGR of 21% from 2023 to 2025, with operating profit margins increasing from 22.13% in 2022 to 26.60% in 2025 [3][59]. - Rolls-Royce's civil aerospace business is projected to have a CAGR of 23% from 2022 to 2025, with operating profit margins improving from -3.79% in 2021 to 20.52% in 2025 [3][59]. Investment Opportunities - The report suggests focusing on investment opportunities within the domestic commercial aircraft engine supply chain, which is expected to benefit from the entry of domestic engines into the civil aviation market [5]. - Key companies to watch include those involved in engine integration, control systems, metal casting, and raw materials [5].

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates can be challenging due to associated risks and volatility [1] Group 1: Company Overview - ATI is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company is a maker of steel and specialty metals, which positions it well for growth [3] Group 2: Earnings Growth - Historical EPS growth rate for ATI is 58%, with projected EPS growth of 29.1% this year, significantly surpassing the industry average of 16.8% [4] - Double-digit earnings growth is preferred by growth investors as it indicates strong prospects for stock price gains [3] Group 3: Cash Flow Growth - ATI's year-over-year cash flow growth is 24%, exceeding the industry average of 18.9% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 51.8%, compared to the industry average of 10.4% [6] Group 4: Earnings Estimate Revisions - Current-year earnings estimates for ATI have been revised upward, with a 0.3% increase in the Zacks Consensus Estimate over the past month [8] - Positive trends in earnings estimate revisions correlate strongly with near-term stock price movements [7] Group 5: Investment Positioning - ATI has achieved a Zacks Rank of 2 and a Growth Score of A, indicating strong potential for outperformance [9] - The combination of favorable metrics positions ATI as an attractive option for growth investors [10]

Core Viewpoint - ATI Inc. is positioned at the intersection of structural demand growth and constrained supply, which is a rare combination in the market [1] Group 1: Company Overview - ATI Inc. is highlighted as a company with aggressive growth prospects, aiming to become highly profitable within 1-2 years [1] Group 2: Investment Philosophy - The investment philosophy emphasizes long-term discipline, consistent alpha generation, and a cautious approach to risk [1]

Core Insights - 3D Printing, or additive manufacturing, has transformed product design and fabrication since the 1980s, allowing for high accuracy, personalization, and speed in production [1][2] Industry Overview - The technology has evolved from basic prototyping to a scalable production method used in various sectors, including healthcare, aerospace, automotive, and consumer goods, significantly reducing waste and enabling complex designs [2][4] - Companies are increasingly adopting 3D printing for rapid prototyping and on-demand fabrication due to its cost-effectiveness and sustainability, which also helps in localizing production and reducing supply chain complexities [3] Market Dynamics - North America holds over 35% of the 3D printing market share, driven by strong research spending and advanced manufacturing infrastructure, while the Asia-Pacific region, led by China and India, is rapidly expanding its adoption [5] Key Players - Industry leaders such as Xometry, Proto Labs, and Stratasys are at the forefront of technological advancements in 3D printing [3] - Proto Labs is recognized for its rapid prototyping capabilities, having produced over 700 million parts for more than 300,000 customers [7] - ATI Additive Manufacturing offers a comprehensive range of capabilities across the additive supply chain, focusing on high-performance applications [11][12] - Carpenter Technology has developed extensive additive capabilities through strategic acquisitions and has established a versatile production unit for metal powders [14][15] - NVIDIA is integrating AI and GPU technologies into 3D printing, enhancing efficiency and accuracy in manufacturing processes [17][18] - GE Aerospace has been a pioneer in additive manufacturing since the 1980s, investing significantly in production capabilities and innovative materials [23][25][26]