Allegheny Technologies (NYSE:ATI) Vs. NUE, STLD, RS, CLF, X, CMC, WOR, CRS, SCHN, and HAYN
Should you be buying Allegheny Technologies stock or one of its competitors? The main competitors of Allegheny Technologies include Nucor (NUE), Steel Dynamics (STLD), Reliance Steel & Aluminum (RS), Cleveland-Cliffs (CLF), United States Steel (X), Commercial Metals (CMC), Worthington Industries (WOR), Carpenter Technology (CRS), Schnitzer Steel Industries (SCHN), and Haynes International (HAYN). These companies are all part of the "steel" industry.
Allegheny Technologies vs.
Steel Dynamics (NASDAQ:STLD) and Allegheny Technologies (NYSE:ATI) are both basic materials companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, media sentiment, dividends, community ranking, earnings, profitability, risk and institutional ownership.
Steel Dynamics has a beta of 1.49, meaning that its share price is 49% more volatile than the S&P 500. Comparatively, Allegheny Technologies has a beta of 1.66, meaning that its share price is 66% more volatile than the S&P 500.
Steel Dynamics has higher revenue and earnings than Allegheny Technologies. Allegheny Technologies is trading at a lower price-to-earnings ratio than Steel Dynamics, indicating that it is currently the more affordable of the two stocks.
In the previous week, Steel Dynamics had 1 more articles in the media than Allegheny Technologies. MarketBeat recorded 6 mentions for Steel Dynamics and 5 mentions for Allegheny Technologies. Steel Dynamics' average media sentiment score of 0.67 beat Allegheny Technologies' score of 0.45 indicating that Steel Dynamics is being referred to more favorably in the media.
Steel Dynamics received 402 more outperform votes than Allegheny Technologies when rated by MarketBeat users. Likewise, 70.53% of users gave Steel Dynamics an outperform vote while only 57.95% of users gave Allegheny Technologies an outperform vote.
78.7% of Steel Dynamics shares are owned by institutional investors. 5.2% of Steel Dynamics shares are owned by company insiders. Comparatively, 0.8% of Allegheny Technologies shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Steel Dynamics has a net margin of 14.72% compared to Allegheny Technologies' net margin of -41.94%. Steel Dynamics' return on equity of 50.02% beat Allegheny Technologies' return on equity.
Steel Dynamics currently has a consensus target price of $71.44, suggesting a potential upside of 17.49%. Allegheny Technologies has a consensus target price of $22.57, suggesting a potential upside of 6.77%. Given Steel Dynamics' higher possible upside, equities analysts clearly believe Steel Dynamics is more favorable than Allegheny Technologies.
Summary
Steel Dynamics beats Allegheny Technologies on 16 of the 18 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding ATI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment >-1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Allegheny Technologies (NYSE:ATI) vs. Its Competitors
Allegheny Technologies Competitors List
