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
Current SymbolNYSE:ATI
Previous Symbol
CUSIP01741R10
Phone412-394-2800
Debt
Debt-to-Equity Ratio0.74
Current Ratio2.90
Quick Ratio1.21
Price-To-Earnings
Trailing P/E Ratio56.19
Forward P/E Ratio17.07
P/E Growth1.13
Sales & Book Value
Annual Sales$3.53 billion
Price / Sales0.96
Cash Flow$1.7178 per share
Price / Cash15.70
Book Value$16.58 per share
Price / Book1.63
Profitability
EPS (Most Recent Fiscal Year)$0.48
Net Income$-91,890,000.00
Net Margins4.67%
Return on Equity10.15%
Return on Assets3.78%
Miscellaneous
Employees8,600
Outstanding Shares125,680,000
Market Cap$3.38 billion
OptionableOptionable
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 data on Tuesday, October, 23rd. The basic materials company reported $0.37 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.39 by $0.02. The basic materials company earned $1.02 billion during the quarter, compared to the consensus estimate of $1 billion. Allegheny Technologies had a return on equity of 10.15% and a net margin of 4.67%. The company's revenue for the quarter was up 17.4% on a year-over-year basis. During the same period in the previous year, the company posted ($0.07) earnings per share. View Allegheny Technologies' Earnings History.
When is Allegheny Technologies' next earnings date?
What price target have analysts set for ATI?
9 Wall Street analysts have issued 1-year price objectives for Allegheny Technologies' shares. Their forecasts range from $28.00 to $43.00. On average, they anticipate Allegheny Technologies' stock price to reach $34.25 in the next twelve months. This suggests a possible upside of 27.0% from the stock's current price. View Analyst Price Targets for Allegheny Technologies.
What is the consensus analysts' recommendation for Allegheny Technologies?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegheny Technologies in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Allegheny Technologies.
Has Allegheny Technologies been receiving favorable news coverage?
News headlines about ATI stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Allegheny Technologies earned a media sentiment score of 1.2 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are some of Allegheny Technologies' key competitors?
Some companies that are related to Allegheny Technologies include COVESTRO AG/S (COVTY), SOUTH32 Ltd/S (SOUHY), MITSUBISHI Chem/ADR (MTLHY), Franco Nevada (FNV), Teck Resources (TECK), NOVOZYMES A/S/S (NVZMY), THYSSENKRUPP AG/S (TKAMY), ThyssenKrupp (TYEKF), WestRock (WRK), Sociedad Quimica y Minera de Chile (SQM), Eastman Chemical (EMN), Yara International ASA (YARIY), NEWCREST MNG LT/ADR (NCMGY), Stora Enso Oyj (SEOAY) and FMC (FMC).
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)
Who are Allegheny Technologies' major shareholders?
Allegheny Technologies' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Frontier Capital Management Co. LLC (7.61%), Victory Capital Management Inc. (5.15%), Capital Research Global Investors (4.66%), Capital World Investors (3.09%), Dimensional Fund Advisors LP (3.05%) and Earnest Partners LLC (1.12%). 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, PNC Financial Services Group Inc., Bowen Hanes & Co. Inc., Royce & Associates LP, Credit Suisse AG, Earnest Partners LLC, Lapides Asset Management LLC and United Services Automobile Association. Company insiders that have sold Allegheny Technologies company stock in the last year include James C Diggs, John D Sims and Karl D Schwartz. View Insider Buying and Selling for Allegheny Technologies.
Which major investors are buying Allegheny Technologies stock?
ATI stock was purchased by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Frontier Capital Management Co. LLC, Ashler Capital LLC, Victory Capital Management Inc., Capital World Investors, Fisher Asset Management LLC, Dimensional Fund Advisors LP and Capital International Sarl. 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 $26.97.
How big of a company is Allegheny Technologies?
Allegheny Technologies has a market capitalization of $3.38 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.
What is Allegheny Technologies' official website?
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.
