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 earnings results on Tuesday, February, 4th. The basic materials company reported $0.36 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.04. The basic materials company had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $991.73 million. Allegheny Technologies had a return on equity of 7.63% and a net margin of 6.25%. The company's quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.30 earnings per share. View Allegheny Technologies' Earnings History.

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

Allegheny Technologies updated its first quarter 2020 Pre-Market earnings guidance on Tuesday, February, 4th. The company provided EPS guidance of 0.12-0.16 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.28.

10 brokerages have issued twelve-month price targets for Allegheny Technologies' shares. Their forecasts range from $18.00 to $28.00. On average, they anticipate Allegheny Technologies' stock price to reach $23.44 in the next twelve months. This suggests a possible upside of 18.0% from the stock's current price. View Analyst Price Targets 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, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Allegheny Technologies.

Press coverage about ATI stock has been trending somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Allegheny Technologies earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news headlines about the basic materials company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Allegheny Technologies.

Some companies that are related to Allegheny Technologies include Nucor (NUE), Reliance Steel & Aluminum (RS), Steel Dynamics (STLD), Commercial Metals (CMC), Worthington Industries (WOR), Carpenter Technology (CRS), Cleveland-Cliffs (CLF), United States Steel (X), 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), Cisco Systems (CSCO), Micron Technology (MU), Bank of America (BAC), NVIDIA (NVDA), AT&T (T), Ford Motor (F), Gilead Sciences (GILD) and Caterpillar (CAT).

Allegheny Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Capital International Investors (9.20%), Capital World Investors (5.90%), Capital Research Global Investors (5.27%), State Street Corp (4.07%), Barrow Hanley Mewhinney & Strauss LLC (1.91%) and Capital International Inc. CA (1.44%). 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 Victory Capital Management Inc., Victory Capital Management Inc., Sasco Capital Inc. CT, Mcclain Value Management LLC, Duality Advisers LP, Russell Investments Group Ltd., Rothschild & Co. Asset Management US Inc. and Royce & Associates LP. Company insiders that have sold Allegheny Technologies company stock in the last year include 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 Capital World Investors, River Road Asset Management LLC, Prudential Financial Inc., New York State Common Retirement Fund, State Street Corp, Capital Research Global Investors, KLCM Advisors Inc. and Madison Asset Management LLC. 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 $19.87.

Allegheny Technologies has a market capitalization of $2.51 billion and generates $4.12 billion in revenue each year. The basic materials company earns $257.60 million in net income (profit) each year or $1.21 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]