With 0.73 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.39 million shares. During the session, the Metal Fabrication company that operates in wider Industrials sector, reached to the highest price of $50.94 whereas the lowest price it dropped to was $50.13. The 52-week range on ATI shows that it touched its highest point at $51.95 and its lowest point at $34.10 during that stretch. It currently has a 1-year price target of $54.12. Beta for the stock currently stands at 1.22.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ATI was up-trending over the past week, with a rise of 4.77%, but this was up by 4.17% over a month. Three-month performance surged to 10.10% while six-month performance rose 23.38%. The stock gained 33.58% in the past year, while it has gained 11.99% so far this year. A look at the trailing 12-month EPS for ATI yields 2.52 with Next year EPS estimates of 2.97. For the next quarter, that number is 0.43. This implies an EPS growth rate of -9.48% for this year and 28.33% for next year. EPS is expected to grow by 18.90% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 11.74%.
Float and Shares Shorts:
At present, 126.88 million ATI shares are outstanding with a float of 126.00 million shares on hand for trading. On Feb 29, 2024, short shares totaled 6.66 million, which was 5.21% higher than short shares on Jan 31, 2024. In addition to VTI as the firm’s Vanguard Total Stock Market ETF, AI serves as its C3.ai, Inc.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ATI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
