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
Industry Steel pipe & tubes
Sub-IndustrySteel
SectorBasic Materials
SymbolNYSE:ATI
CUSIP01741R10
Phone412-394-2800
Debt
Debt-to-Equity Ratio0.78
Current Ratio2.70
Quick Ratio1.11
Price-To-Earnings
Trailing P/E Ratio44.82
Forward P/E Ratio19.79
P/E GrowthN/A
Sales & Book Value
Annual Sales$3.53 billion
Price / Sales0.97
Cash Flow$1.7090 per share
Price / Cash15.98
Book Value$14.65 per share
Price / Book1.86
Profitability
EPS (Most Recent Fiscal Year)$0.48
Net Income$-91,890,000.00
Net Margins-1.41%
Return on Equity4.75%
Return on Assets1.55%
Miscellaneous
Employees8,600
Outstanding Shares125,650,000
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) released its quarterly earnings data on Tuesday, April, 24th. The basic materials company reported $0.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.24 by $0.08. The basic materials company earned $979 million during the quarter, compared to analysts' expectations of $932.86 million. Allegheny Technologies had a positive return on equity of 4.75% and a negative net margin of 1.41%. Allegheny Technologies's revenue was up 13.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.16 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 twelve-month price targets for Allegheny Technologies' shares. Their predictions range from $17.00 to $40.00. On average, they anticipate Allegheny Technologies' share price to reach $29.8889 in the next twelve months. 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’s adjusted earnings and revenues for first-quarter 2018 beat the respective Zacks Consensus Estimate. Allegheny has outperformed the industry it belongs to over a year. Allegheny 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. However, the company’s high debt level is a concern. Demand for its products across certain markets also remains subdued." (4/27/2018)
- 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 ThyssenKrupp (TKA), Westlake Chemical (WLK), Evonik Industries (EVK), Cenovus Energy (CVE), Cheniere Energy (LNG), Franco Nevada (FNV), Severstal (SVJTY), Sociedad Quimica y Minera de Chile (SQM), MITSUBISHI Chem/ADR (MTLHY), NOVOZYMES A/S/S (NVZMY), JFE (JFEEF), NEWCREST MNG LT/ADR (NCMGY), Agnico Eagle Mines (AEM), Goldcorp (GG) 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)
Has Allegheny Technologies been receiving favorable news coverage?
Media stories about ATI stock have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Allegheny Technologies earned a news sentiment score of 0.09 on Accern's scale. They also gave news stories about the basic materials company an impact score of 46.62 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Allegheny Technologies' major shareholders?
Allegheny Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Iridian Asset Management LLC CT (6.42%), Frontier Capital Management Co. LLC (6.16%), Barrow Hanley Mewhinney & Strauss LLC (3.25%), WS Management Lllp (2.92%), Victory Capital Management Inc. (2.86%) and Millennium Management LLC (2.75%). Company insiders that own Allegheny Technologies stock include John D Sims, Karl D Schwartz and Maria Pui-Ching Au. View Institutional Ownership Trends for Allegheny Technologies.
Which institutional investors are selling Allegheny Technologies stock?
ATI stock was sold by a variety of institutional investors in the last quarter, including New York State Common Retirement Fund, Earnest Partners LLC, Iridian Asset Management LLC CT, Franklin Resources Inc., KLCM Advisors Inc., Neuberger Berman Group LLC, Royal Bank of Canada and Mesirow Financial Investment Management Equity Management. Company insiders that have sold Allegheny Technologies company stock in the last year include John D Sims, Karl D Schwartz and Maria Pui-Ching Au. View Insider Buying and Selling for Allegheny Technologies.
Which institutional investors are buying Allegheny Technologies stock?
ATI stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., OppenheimerFunds Inc., Dimensional Fund Advisors LP, Russell Investments Group Ltd., Millennium Management LLC, Select Equity Group L.P., Hodges Capital Management Inc. and D.C. Capital Advisors Ltd. 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 $27.31.
How big of a company is Allegheny Technologies?
Allegheny Technologies has a market capitalization of $3.51 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 (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.
