ATI Inc (NYSE: ATI)’s stock price has decreased by -0.66 compared to its previous closing price of 58.76. However, the company has seen a 0.45% increase in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-13 that The Achievement Continues the Company’s Streak in Earning the Rating Annually Since the Program Debuted in 2019 BOLINGBROOK, Ill., Nov. 13, 2024 /PRNewswire/ — ATI Physical Therapy (“ATI” or the “Company”) today has again earned the “Exceptional” rating from the Center for Medicare and Medicaid Services’ (CMS) Merit-Based Incentive Payment System (MIPS) for quality patient care.
Is It Worth Investing in ATI Inc (NYSE: ATI) Right Now?
The price-to-earnings ratio for ATI Inc (NYSE: ATI) is 22.40x, which is above its average ratio. Moreover, the 36-month beta value for ATI is 1.08. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 5 as “hold,” and 0 as “sell.”
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The public float for ATI is 141.01M and currently, short sellers hold a 1.74% of that float. On November 14, 2024, ATI’s average trading volume was 1.44M shares.
ATI’s Market Performance
ATI’s stock has seen a 0.45% increase for the week, with a -6.68% drop in the past month and a -9.19% fall in the past quarter. The volatility ratio for the week is 2.43%, and the volatility levels for the past 30 days are at 2.92% for ATI Inc The simple moving average for the past 20 days is -0.81% for ATI’s stock, with a 2.81% simple moving average for the past 200 days.
Analysts’ Opinion of ATI
Susquehanna, on the other hand, stated in their research note that they expect to see ATI reach a price target of $75. The rating they have provided for ATI stocks is “Positive” according to the report published on September 05th, 2024.
BTIG Research gave a rating of “Buy” to ATI, setting the target price at $70 in the report published on June 26th of the current year.
ATI Trading at -5.05% from the 50-Day Moving Average
After a stumble in the market that brought ATI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.31% of loss for the given period.
Volatility was left at 2.92%, however, over the last 30 days, the volatility rate increased by 2.43%, as shares sank -7.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.37% lower at present.
During the last 5 trading sessions, ATI rose by +0.45%, which changed the moving average for the period of 200-days by +41.16% in comparison to the 20-day moving average, which settled at $58.85. In addition, ATI Inc saw 28.37% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ATI starting from WETHERBEE ROBERT S, who sale 25,000 shares at the price of $62.23 back on Oct 15 ’24. After this action, WETHERBEE ROBERT S now owns 486,443 shares of ATI Inc, valued at $1,555,750 using the latest closing price.
WETHERBEE ROBERT S, the Officer of ATI Inc, proposed sale 25,000 shares at $62.23 during a trade that took place back on Oct 15 ’24, which means that WETHERBEE ROBERT S is holding shares at $1,555,750 based on the most recent closing price.
Stock Fundamentals for ATI
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.17 for the gross margin
The net margin for ATI Inc stands at 0.07. The total capital return value is set at 0.12. Equity return is now at value 24.84, with 7.68 for asset returns.
Based on ATI Inc (ATI), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 1.05. The interest coverage ratio of the stock is 4.53.
Currently, EBITDA for the company is 557.4 million with net debt to EBITDA at 2.56. When we switch over and look at the enterprise to sales, we see a ratio of 1.92. The receivables turnover for the company is 6.23for trailing twelve months and the total asset turnover is 1.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.94.
Conclusion
To wrap up, the performance of ATI Inc (ATI) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
