07:35 AM EDT, 05/07/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target price by $7 to $82, using an EV/EBITDA of 13.0x our 2026 EBITDA estimate, in line with peers (aerospace-suppliers) but a premium to ATI's three-year average forward EV/EBITDA of 10.7x, which we think is warranted by the strong secular growth in commercial aerospace. We raise our 2025 EPS estimate by $0.06 to $3.06 and our 2026 EPS forecast by $0.16 to $3.71. ATI posts Q1 2025 adj. EPS of $0.72 vs. $0.48 in Q1 2024, $0.13 above consensus, driven by a revenue beat of 6%. Sales increased by 10% Y/Y to $1.14B, driven by a 23% Y/Y increase in aerospace & defense sales. This segment now accounts for 66% of total revenue, underscoring ATI's strategic focus on high-performance markets. Profitability metrics showed significant improvement, with adjusted EBITDA increasing 29% Y/Y to $195M and adjusted EBITDA margin expanding 250 basis points Y/Y to 17.0%. This margin expansion reflects ATI's efforts to improve operational efficiency and favorable volume and pricing dynamics.