Allegheny Technologies Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Allegheny Technologies in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Allegheny Technologies stock.
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Allegheny Technologies is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Allegheny Technologies.

Allegheny Technologies Incorporated (NYSE:ATI) released its quarterly earnings data on Monday, August, 2nd. The basic materials company reported ($0.12) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.08. The basic materials company earned $616.20 million during the quarter, compared to analysts' expectations of $613.60 million. Allegheny Technologies had a negative net margin of 47.88% and a negative trailing twelve-month return on equity of 12.16%. The company's revenue for the quarter was down 20.0% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.02) EPS.
View Allegheny Technologies' earnings history.

Allegheny Technologies' stock was trading at $11.59 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ATI stock has increased by 44.6% and is now trading at $16.76.
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5 brokers have issued 1 year price objectives for Allegheny Technologies' shares. Their forecasts range from $21.00 to $27.00. On average, they expect Allegheny Technologies' share price to reach $24.20 in the next twelve months. This suggests a possible upside of 44.4% from the stock's current price.
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25 employees have rated Allegheny Technologies CEO Robert S. Wetherbee on Glassdoor.com. Robert S. Wetherbee has an approval rating of 92% among Allegheny Technologies' employees. This puts Robert S. Wetherbee in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Allegheny Technologies include Nucor (NUE), Steel Dynamics (STLD), Cleveland-Cliffs (CLF), Reliance Steel & Aluminum (RS), United States Steel (X), Commercial Metals (CMC), Worthington Industries (WOR), Carpenter Technology (CRS), Schnitzer Steel Industries (SCHN), Haynes International (HAYN) and Olympic Steel (ZEUS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Allegheny Technologies investors own include Intel (INTC), Cisco Systems (CSCO), Bank of America (BAC), Micron Technology (MU), Ford Motor (F), NVIDIA (NVDA), AT&T (T), Bristol-Myers Squibb (BMY), Pfizer (PFE) and Chesapeake Energy (CHKAQ).

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

Allegheny Technologies' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.13%), Vanguard Group Inc. (10.78%), Capital International Investors (8.47%), State Street Corp (6.81%), Dimensional Fund Advisors LP (5.07%) and Barrow Hanley Mewhinney & Strauss LLC (3.08%). Company insiders that own Allegheny Technologies stock include Acquisition Sponsor I Fortress, Donald P Newman, Elliot S Davis, Kevin B Kramer, Marianne Kah and Robert S Wetherbee.
View institutional ownership trends for Allegheny Technologies.

ATI stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Dimensional Fund Advisors LP, Nuveen Asset Management LLC, Northern Trust Corp, BlackRock Inc., Barrow Hanley Mewhinney & Strauss LLC, WS Management Lllp, and Millennium Management LLC. Company insiders that have sold Allegheny Technologies company stock in the last year include Elliot S Davis, and Kevin B Kramer.
View insider buying and selling activity for Allegheny Technologies or view top insider-selling stocks.

ATI stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Frontier Capital Management Co. LLC, Capital International Investors, State Street Corp, Vanguard Group Inc., Cubist Systematic Strategies LLC, First Trust Advisors LP, and Invesco Ltd.. Company insiders that have bought Allegheny Technologies stock in the last two years include Acquisition Sponsor I Fortress, Donald P Newman, Marianne Kah, and Robert S Wetherbee.
View insider buying and selling activity for Allegheny Technologies or or view top insider-buying stocks.

Shares of ATI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ATI stock can currently be purchased for approximately $16.76.

Allegheny Technologies has a market capitalization of $2.13 billion and generates $2.98 billion in revenue each year. The basic materials company earns $-1,572,600,000.00 in net income (profit) each year or ($0.52) on an earnings per share basis.

Allegheny Technologies employs 6,500 workers across the globe.

The following companies are subsidiares of Allegheny Technologies: ALC Funding Corporation, ATI Flat Rolled Products Holdings, ATI Ladish, ATI Operating Holdings, ATI Properties , Addaero Manufacturing, Allegheny Ludlum, Dynamic Flowform, Hanard Machine, J&L Specialty Steel, Ladish, Shanghai STAL Precision Stainless Steel, TDY Holdings, and TDY Industries.

Allegheny Technologies was founded in 1996.

The official website for Allegheny Technologies is www.atimetals.com.

Allegheny Technologies is headquartered at 1000 SIX PPG PLACE, PITTSBURGH PA, 15222.

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].