Alert: Negative Investment/Fundamental Signals (12/8/23)-ATI Inc (NYSE: ATI)


ATI Inc (NYSE: ATI). Extremely significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and its longer term price trend turned down.

Recent small negative changes in fundamentals have affected ATI Inc (NYSE: ATI): the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, ATI is expected to continue to be a major Value Builder.

ATI has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. ATI has a very low Appreciation Score of 15 but a good Power Rating of 78, producing the Low Neutral Value Trend Rating.

Recent Price Action

ATI Inc (NYSE: ATI) stock declined slightly by -0.4% on 12/8/23. The stock closed at $39.75. Trading volume in this decline was normal. The stock has been strong relative to the market over the last nine months but has declined -9.6% during the last week.

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