ATI (ATI, Financial) has successfully reached a new labor agreement with the United Steelworkers, solidifying a six-year contract that extends until February 28, 2031. This agreement covers approximately 1,000 employees represented by the USW.
The freshly ratified contract ensures a competitive package of wages and benefits, aiming to support the workforce while maintaining harmonious labor relations within the company. This development is seen as a significant step towards stability and positive growth for ATI and its employees over the coming years.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for ATI Inc (ATI, Financial) is $70.70 with a high estimate of $81.00 and a low estimate of $55.00. The average target implies an upside of 55.01% from the current price of $45.61. More detailed estimate data can be found on the ATI Inc (ATI) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, ATI Inc's (ATI, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for ATI Inc (ATI, Financial) in one year is $53.72, suggesting a upside of 17.78% from the current price of $45.61. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the ATI Inc (ATI) Summary page.
