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ATI (ATI) Competitors

$58.34
-1.03 (-1.73%)
(As of 06/7/2024 ET)

ATI vs. STLD, RS, X, CLF, CMC, CRS, WOR, HAYN, ZEUS, and RDUS

Should you be buying ATI stock or one of its competitors? The main competitors of ATI include Steel Dynamics (STLD), Reliance (RS), United States Steel (X), Cleveland-Cliffs (CLF), Commercial Metals (CMC), Carpenter Technology (CRS), Worthington Enterprises (WOR), Haynes International (HAYN), Olympic Steel (ZEUS), and Radius Recycling (RDUS). These companies are all part of the "steel" industry.

ATI vs.

Steel Dynamics (NASDAQ:STLD) and ATI (NYSE:ATI) are both basic materials companies, but which is the better investment? We will compare the two businesses based on the strength of their community ranking, risk, dividends, profitability, earnings, analyst recommendations, institutional ownership, valuation and media sentiment.

Steel Dynamics has higher revenue and earnings than ATI. Steel Dynamics is trading at a lower price-to-earnings ratio than ATI, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Steel Dynamics$18.80B1.05$2.45B$14.568.62
ATI$4.17B1.74$410.80M$2.4923.43

Steel Dynamics presently has a consensus target price of $125.29, suggesting a potential downside of 0.19%. ATI has a consensus target price of $62.60, suggesting a potential upside of 7.30%. Given Steel Dynamics' stronger consensus rating and higher possible upside, analysts clearly believe ATI is more favorable than Steel Dynamics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Steel Dynamics
1 Sell rating(s)
5 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
ATI
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Steel Dynamics had 3 more articles in the media than ATI. MarketBeat recorded 7 mentions for Steel Dynamics and 4 mentions for ATI. ATI's average media sentiment score of 1.37 beat Steel Dynamics' score of 1.04 indicating that Steel Dynamics is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Steel Dynamics
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
ATI
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Steel Dynamics has a beta of 1.4, suggesting that its share price is 40% more volatile than the S&P 500. Comparatively, ATI has a beta of 1.12, suggesting that its share price is 12% more volatile than the S&P 500.

Steel Dynamics received 391 more outperform votes than ATI when rated by MarketBeat users. Likewise, 68.30% of users gave Steel Dynamics an outperform vote while only 58.06% of users gave ATI an outperform vote.

CompanyUnderperformOutperform
Steel DynamicsOutperform Votes
834
68.30%
Underperform Votes
387
31.70%
ATIOutperform Votes
443
58.06%
Underperform Votes
320
41.94%

82.4% of Steel Dynamics shares are held by institutional investors. 6.0% of Steel Dynamics shares are held by insiders. Comparatively, 0.7% of ATI shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Steel Dynamics has a net margin of 12.89% compared to Steel Dynamics' net margin of 8.70%. ATI's return on equity of 27.62% beat Steel Dynamics' return on equity.

Company Net Margins Return on Equity Return on Assets
Steel Dynamics12.89% 27.62% 16.14%
ATI 8.70%23.72%6.91%

Summary

Steel Dynamics beats ATI on 13 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ATI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ATI vs. The Competition

MetricATISteel pipe & tubes IndustryMaterials SectorNYSE Exchange
Market Cap$7.26B$1.57B$2.91B$17.77B
Dividend YieldN/AN/A5.10%3.57%
P/E Ratio23.438.97131.5420.59
Price / Sales1.741.24814,012.6314.14
Price / Cash14.3311.7623.7719.35
Price / Book5.032.333.784.99
Net Income$410.80M$107.97M$166.18M$975.94M
7 Day Performance-4.89%-3.11%-2.21%-1.87%
1 Month Performance-4.66%-1.34%0.45%-1.65%
1 Year Performance48.15%17.00%11.22%9.19%

ATI Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STLD
Steel Dynamics
2.8872 of 5 stars
$127.24
-4.0%
$125.29
-1.5%
+25.1%$20.84B$18.80B8.7412,600Positive News
RS
Reliance
4.28 of 5 stars
$287.91
-3.1%
$362.33
+25.8%
+16.0%$17.07B$14.81B13.4515,000Positive News
X
United States Steel
3.5984 of 5 stars
$38.08
-1.7%
$38.78
+1.8%
+68.3%$8.71B$18.05B11.1721,803Analyst Forecast
Options Volume
News Coverage
CLF
Cleveland-Cliffs
4.6009 of 5 stars
$16.49
-3.9%
$20.64
+25.2%
-2.8%$7.84B$22.00B22.2826,000Positive News
CMC
Commercial Metals
4.0365 of 5 stars
$52.98
-3.8%
$57.67
+8.8%
+11.5%$6.13B$8.80B9.2013,022Analyst Revision
Positive News
CRS
Carpenter Technology
3.9723 of 5 stars
$104.47
-4.5%
$109.67
+5.0%
+101.0%$5.43B$2.55B39.724,500Positive News
WOR
Worthington Enterprises
2.7078 of 5 stars
$53.38
-4.3%
$61.00
+14.3%
-13.4%$2.79B$4.92B9.768,200
HAYN
Haynes International
2.9714 of 5 stars
$59.01
+0.5%
N/A+16.9%$750.23M$589.96M19.941,284Dividend Announcement
Analyst Forecast
Analyst Revision
High Trading Volume
ZEUS
Olympic Steel
1.2075 of 5 stars
$48.56
-3.8%
N/A+3.9%$562.19M$2.16B12.952,168News Coverage
High Trading Volume
RDUS
Radius Recycling
2.059 of 5 stars
$16.18
-4.1%
N/A-49.4%$472.06M$2.88B-7.103,353Positive News

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This page (NYSE:ATI) was last updated on 6/9/2024 by MarketBeat.com Staff

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