Searching For Real Value In Market Debris At ATI Inc (NYSE: ATI)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Yahoo Finance discussed the stock recently as it posted ATI Elects Kimberly A. Fields as President and CEO.

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Stocks Info

As a NYSE listed company, ATI falls under the Industrials sector while operating within the Metal Fabrication industry segment. The current market capitalization of ATI Inc is $6.36B. A total of 1.26 million shares were traded on the day, compared to an average of 1.47M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, ATI has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 6,591 shares. Over the last 12 months, there were 9 BUYs and 7 SELLs from insiders. Insiders purchased 32,910 shares during that period but sold 43,771.

In the most recent transaction, Davis Elliot S sold 45,351 shares of ATI for 49.12 per share on Feb 29. After the transaction, the Chief Legal & Compl. Officer now owns 123,927 company shares. In a previous transaction on Feb 13, Harris Timothy J sold 6,325 shares at 41.88 per share. ATI shares that Senior VP and CDIO owns now total 103,006.

Among the insiders who sold shares, Harris Timothy J disposed of 6,325 shares on Feb 12 at a per-share price of $42.44. This resulted in the Senior VP and CDIO holding 109,331 shares of ATI after the transaction. In another insider transaction, Davis Elliot S sold 1,789 shares at $43.06 per share on Jan 04. Company shares held by the Chief Legal & Compl. Officer now total 136,050.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, ATI has a high of $50.48 and a low of $34.10.

As of this writing, ATI has an earnings estimate of $0.41 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.45 per share and a lower estimate of $0.37. The company reported an EPS of $0.55 in the last quarter, which was 3.80% higher than expectations of $0.53.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. ATI’s latest balance sheet shows that the firm has $687.70M in Cash & Short Term Investments as of fiscal 2021. There were $1.84B in debt and $856.40M in liabilities at the time. Its Book Value Per Share was $10.82, while its Total Shareholder’s Equity was $832.70M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ATI is Buy with a score of 5.00.

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