In the latest close session, ATI (ATI) was down 1.96% at $121.72. The stock trailed the S&P 500, which registered a daily loss of 0.01%. On the other hand, the Dow registered a gain of 0.03%, and the technology-centric Nasdaq increased by 0.17%.
The maker of steel and specialty metals's shares have seen an increase of 6.87% over the last month, surpassing the Aerospace sector's gain of 5.69% and the S&P 500's gain of 0.78%.
Analysts and investors alike will be keeping a close eye on the performance of ATI in its upcoming earnings disclosure. The company's earnings report is set to go public on February 3, 2026. On that day, ATI is projected to report earnings of $0.89 per share, which would represent year-over-year growth of 12.66%. In the meantime, our current consensus estimate forecasts the revenue to be $1.2 billion, indicating a 2.13% growth compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.2 per share and a revenue of $4.61 billion, representing changes of +30.08% and 0%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for ATI. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.25% increase. ATI is currently sporting a Zacks Rank of #2 (Buy).
Digging into valuation, ATI currently has a Forward P/E ratio of 31.33. This represents a discount compared to its industry average Forward P/E of 37.32.
We can also see that ATI currently has a PEG ratio of 1.19. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Aerospace - Defense Equipment was holding an average PEG ratio of 2.22 at yesterday's closing price.
The Aerospace - Defense Equipment industry is part of the Aerospace sector. This industry currently has a Zacks Industry Rank of 52, which puts it in the top 22% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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ATI Inc. (ATI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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