In the latest trading session, ATI (ATI) closed at $108.96, down 1.53% from the previous day, underperforming the S&P 500, Dow, and Nasdaq. The stock has risen by 12.27% in the past month, surpassing the Aerospace sector’s loss and S&P 500’s gain.
ATI is expected to report an EPS of $0.89, a 12.66% increase from last year, with revenue predicted to be $1.19 billion, a 1.46% growth. Analysts forecast full-year earnings of $3.20 per share and revenue of $4.6 billion, marking positive changes in estimates.
ATI holds a Zacks Rank of #2 (Buy) with a 1.9% rise in the Zacks Consensus EPS estimate. The company’s Forward P/E ratio is 34.6, lower than the industry average, with a PEG ratio of 1.44. The Aerospace – Defense Equipment industry ranks 94 out of 250+ industries.
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Read more at Nasdaq: ATI (ATI) Dips More Than Broader Market: What You Should Know
