ATI Inc. (ATI) Hit a 52 Week High, Can the Run Continue?

Core Viewpoint - ATI shares have shown significant performance, with a 90.3% increase year-to-date, outperforming the Zacks Aerospace sector and the Aerospace - Defense Equipment industry [1][3] Financial Performance - In the last earnings report on October 28, 2025, ATI reported EPS of $0.85, exceeding the consensus estimate of $0.75 [2] - For the current fiscal year, ATI is expected to post earnings of $3.2 per share on revenues of $4.6 billion, reflecting a 30.08% change in EPS and a 5.46% change in revenues [3] - For the next fiscal year, earnings are projected at $3.93 per share on revenues of $4.97 billion, indicating a year-over-year change of 23% in EPS and 7.98% in revenues [3] Valuation Metrics - ATI currently trades at 32.8X current fiscal year EPS estimates, below the peer industry average of 37.7X [7] - On a trailing cash flow basis, ATI trades at 29.5X compared to the peer group's average of 27.7X [7] - The stock has a PEG ratio of 1.36, which does not place it among the top echelon from a value perspective [7] Zacks Rank and Style Scores - ATI holds a Zacks Rank of 2 (Buy) due to rising earnings estimates, meeting the criteria for potential investment [8] - The stock has a Value Score of C, a Growth Score of C, and a Momentum Score of A, resulting in a VGM Score of B [6] Industry Comparison - The Aerospace - Defense Equipment industry is positioned in the top 38% of all industries, indicating favorable conditions for ATI and its peers [11] - Woodward, Inc. (WWD), a peer in the industry, also shows strong performance with a Zacks Rank of 2 (Buy) and a projected EPS of $7.69 for the current fiscal year [9][10]