I am thinking of opening a position in $ATI

It’s a small cap ($2billion) company that manufactures specialty materials and components.

Current share price is $16.32, down 10% past 5 days, -0.55% 30 days, -27% 6 months but +72% 1 year.

It primary consumers are in the aerospace industry which is currently in Covid recovery mode and the company is due to report next week. From what I’ve read it looks like a 50/50 on whether or not it’ll be earnings beat or loss.

Should I wait or jump in?