Allegheny Technologies Incorporated manufactures and sells specialty materials and components worldwide. The company operates through two segments, High Performance Materials & Components, and Flat-Rolled Products. The High Performance Materials & Components segment produces, converts, and distributes a range of high performance materials, including titanium and titanium-based alloys; nickel-and cobalt-based alloys and superalloys; zirconium and related alloys, such as hafnium and niobium; powder alloys; and other specialty materials in long product forms of ingots, billets, bars, rods, wires, and shapes and rectangles, as well as seamless tubes, plus precision forgings, castings, components, and machined parts. This segment serves aerospace and defense, medical, oil and gas, and electrical energy markets. The Flat-Rolled Products segment provides stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys in various product forms, including plate, sheet, engineered strip, and Precision Rolled Strip products. This segment serves various markets, such as chemical and hydrocarbon processing, automotive, aerospace and defense, food processing equipment and appliances, construction and mining, electronics, communication equipment, and computers. Allegheny Technologies Incorporated was founded in 1960 and is based in Pittsburgh, Pennsylvania.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Steel pipe & tubes
Sub-IndustrySteel
SectorBasic Materials
SymbolNYSE:ATI
CUSIP01741R10
Phone412-394-2800
Debt
Debt-to-Equity Ratio0.75
Current Ratio2.87
Quick Ratio1.18
Price-To-Earnings
Trailing P/E Ratio54.33
Forward P/E Ratio16.63
P/E GrowthN/A
Sales & Book Value
Annual Sales$3.53 billion
Price / Sales0.94
Cash Flow$1.7485 per share
Price / Cash15.03
Book Value$14.65 per share
Price / Book1.79
Profitability
EPS (Most Recent Fiscal Year)$0.48
Net Income$-91,890,000.00
Net Margins0.30%
Return on Equity7.84%
Return on Assets2.73%
Miscellaneous
Employees8,600
Outstanding Shares125,680,000
Market Cap$3.23 billion
Allegheny Technologies (NYSE:ATI) Frequently Asked Questions
What is Allegheny Technologies' stock symbol?
Allegheny Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATI."
How were Allegheny Technologies' earnings last quarter?
Allegheny Technologies Incorporated (NYSE:ATI) issued its quarterly earnings results on Tuesday, July, 24th. The basic materials company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.36 by $0.16. The basic materials company had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $1 billion. Allegheny Technologies had a net margin of 0.30% and a return on equity of 7.84%. The company's quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.09 earnings per share. View Allegheny Technologies' Earnings History.
When is Allegheny Technologies' next earnings date?
What price target have analysts set for ATI?
10 equities research analysts have issued twelve-month price targets for Allegheny Technologies' shares. Their predictions range from $17.00 to $43.00. On average, they anticipate Allegheny Technologies' stock price to reach $30.8889 in the next twelve months. This suggests a possible upside of 17.7% from the stock's current price. View Analyst Price Targets for Allegheny Technologies.
What is the consensus analysts' recommendation for Allegheny Technologies?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegheny Technologies in the last year. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Allegheny Technologies.
What are Wall Street analysts saying about Allegheny Technologies stock?
Here are some recent quotes from research analysts about Allegheny Technologies stock:
- 1. According to Zacks Investment Research, "Allegheny has outperformed the industry it belongs to over a year. The company should benefit from strong performance in its HPMC division and efforts to improve its cost structure with its gross cost-reduction initiatives. The HRPF facility should also boost capabilities of the FRP division. Higher demand in the aerospace market should also drive revenues in the HPMC unit. However, the company’s high debt level is a concern. Demand for its products across certain markets also remains subdued." (7/20/2018)
- 2. Cowen Inc analysts commented, "ATI pre-announced Q3 EPS below Street, driven by unfavorable price-cost dynamics." (10/12/2017)
Who are some of Allegheny Technologies' key competitors?
Some companies that are related to Allegheny Technologies include Teck Resources (TECK), Cheniere Energy (LNG), STORA ENSO OYJ Common Stock (SEOAY), NOVOZYMES A/S/S (NVZMY), Severstal (SVJTY), SOUTH32 Ltd/S (SOUHY), Franco Nevada (FNV), Westlake Chemical (WLK), Agnico Eagle Mines (AEM), Yara International ASA (YARIY), Sociedad Quimica y Minera de Chile (SQM), Barrick Gold (ABX), Fortescue Metals Group (FSUMF), NEWCREST MNG LT/ADR (NCMGY) and Mosaic (MOS).
Who are Allegheny Technologies' key executives?
Allegheny Technologies' management team includes the folowing people:
- Mr. Richard J. Harshman, Chairman, Pres & CEO (Age 62)
- Mr. Patrick J. DeCourcy, Sr. VP of Fin. & CFO (Age 56)
- Mr. Kevin B. Kramer, Sr. VP and Chief Commercial & Marketing Officer (Age 58)
- Mr. John D. Sims, Exec. VP of High Performance Material & Components Segment (Age 58)
- Mr. Robert S. Wetherbee, Exec. VP of Flat Rolled Products Group (Age 59)
Has Allegheny Technologies been receiving favorable news coverage?
News headlines about ATI stock have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Allegheny Technologies earned a media and rumor sentiment score of 0.15 on Accern's scale. They also gave news coverage about the basic materials company an impact score of 46.97 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for Allegheny Technologies.
Who are Allegheny Technologies' major shareholders?
Allegheny Technologies' stock is owned by a number of of retail and institutional investors. Top institutional investors include Frontier Capital Management Co. LLC (6.36%), Iridian Asset Management LLC CT (4.86%), Victory Capital Management Inc. (4.59%), Dimensional Fund Advisors LP (2.75%), OppenheimerFunds Inc. (1.27%) and Earnest Partners LLC (1.14%). Company insiders that own Allegheny Technologies stock include James C Diggs, John D Sims, Karl D Schwartz and Maria Pui-Ching Au. View Institutional Ownership Trends for Allegheny Technologies.
Which major investors are selling Allegheny Technologies stock?
ATI stock was sold by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, United Services Automobile Association, Monarch Partners Asset Management LLC, Russell Investments Group Ltd., Renaissance Technologies LLC, Mesirow Financial Investment Management Equity Management, Earnest Partners LLC and Royce & Associates LP. Company insiders that have sold Allegheny Technologies company stock in the last year include James C Diggs, John D Sims, Karl D Schwartz and Maria Pui-Ching Au. View Insider Buying and Selling for Allegheny Technologies.
Which major investors are buying Allegheny Technologies stock?
ATI stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Dimensional Fund Advisors LP, Fisher Asset Management LLC, Newport Trust Co, Schwab Charles Investment Management Inc., Frontier Capital Management Co. LLC, Hodges Capital Management Inc. and KLCM Advisors Inc.. View Insider Buying and Selling for Allegheny Technologies.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Allegheny Technologies' stock price today?
One share of ATI stock can currently be purchased for approximately $26.25.
How big of a company is Allegheny Technologies?
Allegheny Technologies has a market capitalization of $3.23 billion and generates $3.53 billion in revenue each year. The basic materials company earns $-91,890,000.00 in net income (profit) each year or $0.48 on an earnings per share basis. Allegheny Technologies employs 8,600 workers across the globe.
How can I contact Allegheny Technologies?
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.
MarketBeat Community Rating for Allegheny Technologies (NYSE ATI)
MarketBeat's community ratings are surveys of what our community members think about Allegheny Technologies and other stocks. Vote "Outperform" if you believe ATI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ATI will underperform the S&P 500 over the long term. You may vote once every thirty days.
