Company Performance - ATI's stock closed at $81.28, reflecting a -1.5% change from the previous day, underperforming the S&P 500's gain of 0.01% [1] - Over the last month, ATI's shares increased by 6.95%, outperforming the Aerospace sector's gain of 5.15% and the S&P 500's gain of 4.83% [1] Earnings Forecast - ATI is expected to report earnings on October 28, 2025, with a forecasted EPS of $0.75, representing a 25% increase from the same quarter last year [2] - Revenue is projected to be $1.13 billion, indicating a 7.79% rise compared to the year-ago quarter [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict earnings of $3.06 per share and revenue of $4.62 billion, reflecting increases of +24.39% and +5.84% respectively from the previous year [3] Analyst Estimates - Recent changes to analyst estimates for ATI are significant as they indicate shifts in near-term business trends, with upward revisions suggesting analysts' positive outlook on the company's operations [4] Valuation Metrics - ATI has a Forward P/E ratio of 27.01, which is lower than the industry average of 35.14, indicating that ATI is trading at a discount compared to its peers [7] - The company has a PEG ratio of 1.13, compared to the Aerospace - Defense Equipment industry's average PEG ratio of 2.38, suggesting a favorable valuation based on expected earnings growth [8] Industry Ranking - The Aerospace - Defense Equipment industry, which includes ATI, has a Zacks Industry Rank of 40, placing it in the top 17% of over 250 industries, indicating strong performance potential [9]

Group 1 - The article discusses a long-term, contrarian approach to equities investing, with a focus on the Tech, Commodities, and Energy sectors as the world undergoes an energy transition [1]

Company Overview - ATI is a global producer of high-performance materials and solutions for aerospace and defense markets, as well as critical applications in electronics, medical, and specialty energy [3] - The company focuses on solving complex challenges through materials science and partners with customers to deliver extraordinary materials that enhance product performance [3] Upcoming Events - ATI has scheduled a live webcast for its third quarter 2025 earnings conference call on October 28, 2025, at 7:30 a.m. CT (8:30 a.m. ET) [1] - The third quarter 2025 results will be published prior to the call at 6:30 a.m. CT (7:30 a.m. ET) [1] Additional Developments - ATI announced the appointment of two aerospace executives, Elizabeth Lund and Jean Lydon-Rodgers, to its Board to drive growth [4] - The Chief Financial Officer, Don Newman, has announced his retirement [5]

Group 1 - Altai Resources Inc. has sold its 50% working interest in the Cessford Oil Wells Property in Alberta to Canadian Natural Resources Limited for a net liability settlement of $50,674 [1] - The net liability settlement includes both the sale of the asset and the settlement of the liability portion, resulting in a gain of $111,728, which is approximately 69% over the company's decommissioning liability [1] - The transaction was completed through an inter-bank cash transfer from Altai to CNRL [1] Group 2 - Altai Resources Inc. is based in Toronto, Ontario, and has a Canadian investment portfolio primarily consisting of cash and cash equivalents [2] - Additional information about the company can be found on SEDAR+ and its official website [2]

Core Insights - ATI Physical Therapy has won the Best Training Adoption Award at the 2025 Absorbies Awards for its innovative learning and development initiatives [1][2] - The award highlights the importance of learning in workforce transformation and recognizes organizations that effectively integrate learning into their culture to achieve business results [2] Company Overview - ATI Physical Therapy is a leading provider of outpatient physical therapy and rehabilitation services with nearly 900 clinics across the United States [3][7] - The company emphasizes clinical excellence and innovative care delivery, focusing on evidence-based treatment and personalized plans [7] Key Innovations - The NeedleCert PrivilegePath is a fully automated, LMS-powered system that ensures only credentialed clinicians perform dry needling, enhancing compliance and safety [3][5] - The program integrates various components such as certificate uploads, knowledge assessments, and digital badging into a secure and auditable pipeline [3] Measurable Outcomes - The implementation of NeedleCert PrivilegePath resulted in a 100% elimination of uncredentialed scheduling, ensuring every dry-needling session is tied to an active credential [9] - The privileging turnaround time was reduced from 2-4 weeks to just 3-5 days, significantly decreasing administrative burdens [9] - There were zero adverse events reported over six consecutive months, a reduction from 2-3 per month prior to the program's launch [9] - The company experienced a 7.7% increase in net patient revenue, rising from $162.3 million to $174.7 million in Q3 2024, attributed to accurate billing and reduced denials [9] Industry Context - The Absorbies Awards received a record 122 nominations from 83 companies across 18 industries, indicating a growing recognition of the role of learning in driving business success [2][6] - The awards celebrate organizations that are redefining learning's role in building agile and resilient workforces, with future categories focusing on AI-enabled learning and strategic workforce development [6]

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to complement the Zacks Rank, aiding investors in selecting stocks likely to outperform the market in the short term [2] Zacks Style Scores Overview - Stocks are rated from A to F based on value, growth, and momentum, with A indicating the highest potential for outperformance [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5][6] Value Score - Focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [3] Growth Score - Concentrates on a company's financial health and future growth potential, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - Targets stocks with upward or downward price trends, utilizing recent price changes and earnings estimate shifts to identify buying opportunities [5] VGM Score - Combines all three Style Scores to provide a comprehensive rating, highlighting stocks with attractive value, strong growth forecasts, and promising momentum [6] Zacks Rank Integration - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically outperformed the S&P 500, achieving an average annual return of +23.64% since 1988 [7] Stock Selection Strategy - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [9] - Stocks with lower ranks, even with good Style Scores, may still face downward price pressure due to negative earnings outlooks [10] Company Spotlight: ATI Inc. - ATI Inc., based in Pittsburgh, PA, is a diversified specialty materials producer with a current Zacks Rank of 3 (Hold) and a VGM Score of A [11] - The company has seen a 0.3% increase in shares over the past four weeks, making it noteworthy for momentum investors [11] - For fiscal 2025, ATI's earnings estimate has been revised upwards by two analysts, with the Zacks Consensus Estimate now at $3.06 per share, reflecting an average earnings surprise of +12.4% [12]

Core Viewpoint - The article discusses the reliability of brokerage recommendations and their influence on stock prices, specifically focusing on ATI's average brokerage recommendation (ABR) and its implications for investors [1][5]. Group 1: Brokerage Recommendations - ATI has an average brokerage recommendation (ABR) of 1.50, indicating a consensus between Strong Buy and Buy, based on recommendations from 12 brokerage firms [2]. - Out of the 12 recommendations, 9 are classified as Strong Buy, accounting for 75% of the total recommendations [2]. - Despite the positive ABR, the article cautions against making investment decisions solely based on this metric, as studies show limited success of brokerage recommendations in predicting stock price increases [5]. Group 2: Analyst Bias and Zacks Rank - Analysts from brokerage firms tend to exhibit a strong positive bias in their ratings, with five "Strong Buy" recommendations for every "Strong Sell" recommendation, which may mislead investors [6][10]. - The Zacks Rank, a proprietary stock rating tool, categorizes stocks based on earnings estimate revisions and is considered a more effective indicator of near-term stock price performance compared to ABR [8][11]. - The Zacks Rank is updated more frequently than ABR, reflecting timely changes in earnings estimates, which can provide better insights into future price movements [12]. Group 3: ATI's Earnings Estimates - The Zacks Consensus Estimate for ATI's earnings for the current year remains unchanged at $3.06, suggesting stable analyst views on the company's earnings prospects [13]. - Due to the unchanged consensus estimate and other factors, ATI holds a Zacks Rank of 3 (Hold), indicating a cautious approach despite the Buy-equivalent ABR [14].

Company Performance - ATI's shares closed at $79.87, reflecting a decrease of 1.07% from the previous trading session, underperforming the S&P 500's gain of 0.44% [1] - Over the last month, ATI's shares have increased by 9.52%, outperforming the Aerospace sector's gain of 4.93% and the S&P 500's gain of 4.03% [1] Earnings Projections - The upcoming earnings disclosure for ATI is projected to show earnings per share (EPS) of $0.75, indicating a 25% increase from the same quarter last year [2] - Revenue is expected to reach $1.13 billion, reflecting a 7.79% increase compared to the year-ago quarter [2] - For the annual period, earnings are anticipated to be $3.06 per share and revenue at $4.62 billion, representing increases of 24.39% and 5.84% respectively from the previous year [3] Analyst Estimates - Recent adjustments to analyst estimates for ATI are important as they reflect short-term business trends, with upward revisions indicating analysts' positive outlook on the company's operations [4] - The Zacks Rank system, which assesses these estimate changes, currently ranks ATI at 3 (Hold), with the consensus EPS projection remaining stagnant over the past 30 days [6] Valuation Metrics - ATI has a Forward P/E ratio of 26.42, which is lower than the industry average Forward P/E of 35.93, suggesting that ATI is trading at a discount [7] - The company has a PEG ratio of 1.1, compared to the Aerospace - Defense Equipment industry's average PEG ratio of 2.32, indicating a favorable valuation relative to growth expectations [8] Industry Context - The Aerospace - Defense Equipment industry, which includes ATI, holds a Zacks Industry Rank of 73, placing it in the top 30% of over 250 industries [9] - Research indicates that industries in the top 50% rated by Zacks outperform those in the bottom half by a factor of 2 to 1 [9]

Company Performance - ATI's stock increased by 2.61% to $79.47, outperforming the S&P 500's daily loss of 0.13% [1] - Over the past month, ATI's stock has risen by 6.74%, surpassing the Aerospace sector's gain of 2.92% and the S&P 500's gain of 2.71% [1] Upcoming Earnings - ATI's projected earnings per share (EPS) for the upcoming earnings disclosure is $0.75, indicating a 25% increase from the same quarter last year [2] - The consensus estimate for revenue is $1.13 billion, reflecting a 7.79% increase from the prior-year quarter [2] Full Year Estimates - For the full year, analysts expect earnings of $3.06 per share and revenue of $4.62 billion, representing changes of +24.39% and +5.84% respectively from last year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for ATI are important as they reflect short-term business trends, with positive revisions indicating optimism about the business outlook [4] Valuation Metrics - ATI is currently trading at a Forward P/E ratio of 25.35, which is a discount compared to the industry average Forward P/E of 35.56 [7] - The company has a PEG ratio of 1.06, while the Aerospace - Defense Equipment industry has an average PEG ratio of 2.28 [7] Industry Context - The Aerospace - Defense Equipment industry, part of the Aerospace sector, holds a Zacks Industry Rank of 49, placing it in the top 20% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Core Insights - Loomis Sayles Small/Mid Cap Growth Fund underperformed the Russell 2500 Growth Index in Q2 2025, returning 8.49% compared to the index's 11.31% [1] - The fund's underperformance was attributed to security selection within the consumer discretionary and financials sectors [1] Company Performance - ATI Inc. (NYSE:ATI) stock gained 4.93% over the past month and rose 23.58% in value over the last 52 weeks, closing at $76.14 per share with a market capitalization of $10.495 billion on September 12, 2025 [2] - ATI Inc. was highlighted as a top contributor to the fund's performance, benefiting from strong growth in its aerospace and defense businesses [3] - The company reported a 4% year-over-year revenue increase in Q2, exceeding $1.1 billion [4] Investment Sentiment - ATI Inc. was held by 57 hedge fund portfolios at the end of Q2 2025, an increase from 52 in the previous quarter [4] - Despite ATI's potential, the company is not considered among the 30 most popular stocks among hedge funds, with some analysts suggesting that certain AI stocks may offer greater upside potential [4]