NYSE:ATI - Allegheny Technologies Stock Price, Forecast & News

Allegheny Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATI."

Allegheny Technologies Incorporated (NYSE:ATI) released its quarterly earnings data on Thursday, October, 31st. The basic materials company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.33 by $0.45. The basic materials company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. Allegheny Technologies had a net margin of 5.85% and a return on equity of 7.38%. The business's revenue for the quarter was down .1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.37 EPS. View Allegheny Technologies' Earnings History.

Allegheny Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, January 28th 2020. View Earnings Estimates for Allegheny Technologies.

8 equities research analysts have issued twelve-month price targets for Allegheny Technologies' stock. Their forecasts range from $18.00 to $31.00. On average, they anticipate Allegheny Technologies' share price to reach $25.29 in the next twelve months. This suggests a possible upside of 13.4% from the stock's current price. View Analyst Price Targets for Allegheny Technologies.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegheny Technologies in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Allegheny Technologies.

Media headlines about ATI stock have trended negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Allegheny Technologies earned a news impact score of -2.0 on InfoTrie's scale. They also gave news articles about the basic materials company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Allegheny Technologies.

Allegheny Technologies saw a decline in short interest in November. As of November 15th, there was short interest totalling 15,660,000 shares, a decline of 7.7% from the October 31st total of 16,970,000 shares. Based on an average trading volume of 1,560,000 shares, the short-interest ratio is presently 10.0 days. Approximately 12.6% of the shares of the company are sold short. View Allegheny Technologies' Current Options Chain.

Some companies that are related to Allegheny Technologies include Nucor (NUE), Reliance Steel & Aluminum (RS), Steel Dynamics (STLD), Commercial Metals (CMC), Carpenter Technology (CRS), Cleveland-Cliffs (CLF), United States Steel (X), Worthington Industries (WOR), AK Steel (AKS), Schnitzer Steel Industries (SCHN), Haynes International (HAYN), Olympic Steel (ZEUS) and Universal Stainless & Alloy Products (USAP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Allegheny Technologies investors own include Chesapeake Energy (CHK), Intel (INTC), Micron Technology (MU), Cisco Systems (CSCO), NVIDIA (NVDA), Bank of America (BAC), Ford Motor (F), United States Steel (X), Bristol-Myers Squibb (BMY) and Caterpillar (CAT).

Allegheny Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.89%), Fisher Asset Management LLC (0.98%), KLCM Advisors Inc. (0.96%), Gamco Investors INC. ET AL (0.60%), Stifel Financial Corp (0.44%) and River Road Asset Management LLC (0.42%). Company insiders that own Allegheny Technologies stock include Barabara S Jeremiah, Elliot S Davis, James C Diggs, John D Sims, Karl D Schwartz, Kevin B Kramer, Richard J Harshman, Robert S Wetherbee and Timothy J Harris. View Institutional Ownership Trends for Allegheny Technologies.

ATI stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Gabelli Funds LLC, Stifel Financial Corp, KLCM Advisors Inc., Boston Partners, Lapides Asset Management LLC, Schneider Downs Wealth Management Advisors LP and Gamco Investors INC. ET AL. Company insiders that have sold Allegheny Technologies company stock in the last year include Barabara S Jeremiah, James C Diggs and Richard J Harshman. View Insider Buying and Selling for Allegheny Technologies.

ATI stock was acquired by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, Roubaix Capital LLC, Chartwell Investment Partners LLC, California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Mcclain Value Management LLC, Public Employees Retirement System of Ohio and Maverick Capital Ltd.. Company insiders that have bought Allegheny Technologies stock in the last two years include Elliot S Davis, Kevin B Kramer, Robert S Wetherbee and Timothy J Harris. View Insider Buying and Selling for Allegheny Technologies.

Shares of ATI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ATI stock can currently be purchased for approximately $22.29.

Allegheny Technologies has a market capitalization of $2.81 billion and generates $4.05 billion in revenue each year. The basic materials company earns $222.40 million in net income (profit) each year or $1.51 on an earnings per share basis. Allegheny Technologies employs 8,800 workers across the globe.View Additional Information About Allegheny Technologies.

The official website for Allegheny Technologies is http://www.atimetals.com/.

Allegheny Technologies' mailing address is 1000 SIX PPG PLACE, PITTSBURGH PA, 15222. The basic materials company can be reached via phone at 412-394-2800 or via email at [email protected]