cumhurkaplan/iStock via Getty Images The Thesis The topline weakness of ATI (NYSE:ATI) continued as it entered 2024, however, the company saw some improvement in the AA&S segment due to increased titanium shipment for airframes during the quarter. I expect the topline to grow in the coming quarters as the demand environment remains strong for the company's materials mainly in the A&D and medical end market. The capacity expansion initiative for titanium production also continued which should drive the c ...

Monty RakusenThere has been no shortage of issues at major aircraft OEMs Airbus (EADSY) or Boeing (BA), but those headwinds haven’t prevented ATI (NYSE:ATI) from leveraging this upturn in aerospace and generating meaningfully better margins than in past years. With that, these shares have done alright since my last update, climbing more than 25%, though other specialty alloy rivals like Carpenter (CRS) and Universal Stainless & Alloy Products (USAP) have done even better. I do have some concerns that th ...

After a nice run higher, one analyst moves to the sidelines.Specialty materials company ATI (ATI -11.14%) has been flying high this year, with the shares up more than 40% since Feb. 1.At least one Wall Street analyst believes that momentum is likely to stall from here. Shares of ATI were down about 10% as of 10:45 a.m. ET Friday after the stock was downgraded to neutral.A strong surge subsides?ATI, formerly known as Allegheny Technologies, is a maker of high-performance materials and advanced metal alloys u ...

Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Allegheny Technologies (ATI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.Allegheny Technologies is a member of our Basic Materials group, which includes ...

DALLAS, June 6, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) Chief Financial Officer Don Newman will speak at the 2024 Wells Fargo Industrials Conference in Chicago, IL, on June 11, 2024, at 12:45 p.m. CT. The link to the fireside chat is available at the News & Events section of www.ATImaterials.com/investors. An audio replay and full transcript of the event will be available following the presentation.ATI: Proven to Perform.ATI (NYSE: ATI) is a global producer of high performance materials and solutions for ...

Investors might want to bet on Allegheny Technologies (ATI) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.Inves ...

The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Allegheny Technologies (ATI) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.Allegheny Technologies is a member of the Basic Materials sector. This group includes 240 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...

Experienced leader with track record of increasing operational performanceDALLAS, May 2, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announces that Netta Washington has joined as Executive Vice President, leading the company's High Performance Materials and Components (HPMC) segment. Washington will guide the strategy and performance of the businesses within HPMC, helping to continue building the synergies and optimizing the supply chain between these strong businesses. Washington will be based at ATI's Dalla ...