ATI

Howmet Aerospace (HWM) and ATI Inc. (ATI) are both benefiting from rising geopolitical tensions and increased defense spending. HWM saw commercial aerospace revenues jump 28% and raised 2026 guidance to $10.00-$10.10 billion, while ATI achieved 13% aerospace and defense sales growth with a record $4.4 billion backlog and 36% defense revenue surge. Both stocks carry Zacks Rank #1 ratings, though ATI's lower forward valuation (26.42X) compared to HWM (31.08X) makes it relatively more attractive despite both trading above five-year median valuations.

ATI (Allegheny Technologies) closed down 3.28% but maintains a Zacks Rank #1 Strong Buy rating. The steel and specialty metals maker is expected to report Q3 2026 earnings of $1.36 per share (60% YoY growth) and revenue of $1.32 billion (17.42% YoY growth). While trading at a premium Forward P/E of 36.9 versus industry average of 31.25, its PEG ratio of 1.15 is favorable compared to the industry average of 1.94, suggesting reasonable valuation relative to growth prospects.

ATI, a steel and specialty metals manufacturer, is highlighted as a strong growth stock with a Zacks Rank #1 (Strong Buy) and Growth Score of B. The company demonstrates impressive earnings growth of 58.3% expected this year, efficient asset utilization with an S/TA ratio of 0.89, and positive earnings estimate revisions, positioning it well for outperformance among growth investors.

Zacks highlights three stocks with Rank #1 (Strong Buy) ratings and strong growth characteristics: Ultrapar Participacoes (UGP), a major Brazilian industrial distributor with a PEG ratio of 0.44 and 7.7% earnings estimate increase; ATI Inc. (ATI), a specialty materials producer with a PEG ratio of 1.15 and 7.8% earnings estimate increase; and monday.com (MNDY), a software platform provider with a PEG ratio of 0.88 and 1.5% earnings estimate increase.

Zacks highlights three Rank #1 stocks with strong growth potential: ATI Inc., a specialty materials company with a PEG ratio of 1.14; KE Holdings Inc., a Chinese housing services company with a PEG ratio of 0.49 and 22.5% earnings estimate increase; and Valero Energy Corporation, a transportation fuels company with a PEG ratio of 0.29 and 27.5% earnings estimate increase.

ATI, a steel and specialty metals manufacturer in the aerospace-defense sector, is highlighted as a stock likely to beat upcoming earnings estimates. The company has a track record of surpassing consensus estimates by an average of 16.53% over the last two quarters, with a positive Earnings ESP of +1.09% and a Zacks Rank #1 (Strong Buy) rating. The combination of these metrics historically produces positive surprises approximately 70% of the time, with the next earnings report expected on October 29, 2026.

ATI (Allegheny Technologies), a steel and specialty metals maker, closed at $187.84 with a Zacks Rank #1 Strong Buy rating. The company is expected to report earnings on October 29, 2026, with projected EPS of $1.35 (up 58.82% YoY) and revenue of $1.33 billion (up 17.87% YoY). ATI trades at a Forward P/E of 37.15, above its industry average, but maintains a favorable PEG ratio of 1.15.

Zacks highlights three Rank #1 stocks with strong growth potential: ATI Inc., a specialty materials company with a PEG ratio of 1.14; KE Holdings Inc., a Chinese housing services company with a PEG ratio of 0.49 and 22.5% earnings estimate increase; and Valero Energy Corporation, a transportation fuels company with a PEG ratio of 0.28 and 26.3% earnings estimate increase.

ATI Inc. reported first-half 2026 adjusted free cash flow of $143.2 million and raised its full-year 2026 forecast to $550-$600 million from $465-$525 million, driven by stronger operating performance and healthy aerospace and defense demand. The company returned $470 million to shareholders through buybacks in 2025 with $495 million remaining in authorization. Peers Carpenter Technology and Howmet Aerospace also reported strong free cash flow generation.

Three stocks with Zacks Rank #1 buy ratings are highlighted for investors: ATI Inc. (specialty materials), KE Holdings Inc. (Chinese housing services), and Valero Energy Corporation (transportation fuels). All three have shown positive earnings estimate revisions over the last 60 days and favorable PEG ratios relative to their industries.

Zacks recommends three aerospace-defense equipment stocks with strong growth potential. HEICO Corp. (Rank #1) benefits from sustained demand for aftermarket parts and recent acquisitions, with 33.6% upside potential.

ATI Inc. (Rank #1) is driven by strong aerospace and defense demand with record backlog and 29.2% upside. Teledyne Technologies (Rank #2) is supported by rising global defense spending and a $5 billion backlog with 25.2% upside potential.

ATI has gained 64.9% year-to-date, significantly outperforming the Aerospace sector which has declined 14.8%. The stock holds a Zacks Rank #1 (Strong Buy) with analyst consensus estimates for full-year earnings rising 14.3% over the past three months. Lockheed Martin, another aerospace stock, has shown more modest performance with a 3.2% year-to-date return and Zacks Rank #2 (Buy).

Zacks highlights three stocks with Rank #1 (Strong Buy) ratings and strong growth potential: ATI Inc., a specialty materials company with 9.7% earnings estimate increase; KE Holdings Inc., a Chinese housing services company with 22.5% earnings estimate increase; and Valero Energy Corporation, a transportation fuels company with 22.8% earnings estimate increase and an A Growth Score.

ATI (Allegheny Technologies) fell 3.99% to $186.92, outpacing the S&P 500's 0.22% decline. Despite the recent weakness, the company maintains a Zacks Rank #1 (Strong Buy) rating with strong earnings growth projections of 58.82% EPS increase and 17.87% revenue growth expected for the upcoming quarter.

Recent economic data shows PCE inflation came in softer than expected while Q2 GDP exceeded expectations. Market attention is now focused on the upcoming Friday employment report. Three stocks with Zacks Rank #1 ratings are highlighted: Centene (healthcare), ATI Inc. (specialty materials), and BP (energy), all showing positive earnings estimate revisions.

ATI Inc. reported first-half 2026 adjusted free cash flow of $143.2 million, a significant improvement from a $50.2 million cash outflow in the prior year. The company raised its full-year 2026 adjusted free cash flow guidance to $550-$600 million from $465-$525 million, driven by strong aerospace and defense demand, contract pricing gains, and higher-value product focus. ATI stock has surged 122.1% over the past year and carries a Zacks Rank #1 (Strong Buy) rating.

Zacks highlights three stocks with Rank #1 (Strong Buy) ratings as of September 29th: Centene (CNC), a diversified healthcare company with 7% earnings estimate growth; monday.com (MNDY), a software platform provider with 22.5% earnings estimate growth; and ATI Inc. (ATI), a specialty materials producer with 12.1% earnings estimate growth. All three companies show favorable PEG ratios compared to their respective industries.

The article explains the Zacks Rank, a proprietary stock-rating model that uses earnings estimate revisions to help investors build winning portfolios. The system classifies stocks into five categories from 'Strong Buy' to 'Strong Sell' based on four factors: analyst agreement, magnitude of estimate changes, upside potential, and earnings surprises. Historically, a portfolio of Zacks Rank #1 stocks has beaten the market in 26 of the last 32 years with average annual returns of +23.82%.

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