Allegheny Technologies Inc (ATI) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Allegheny Technologies Inc (ATI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Allegheny Technologies Inc is a diversified specialty metals producer. Its products include titanium and titanium alloys, nickel-based alloys and specialty steels, precision forgings, castings and machined components, and zirconium. Allegheny Technologies Inc has a market cap of $3.63 billion; its shares were traded at around $28.90 with a P/E ratio of 17.94 and P/S ratio of 1.07. Allegheny Technologies Inc had annual average EBITDA growth of 21.30% over the past five years.


For the last quarter Allegheny Technologies Inc reported a revenue of $1 billion, compared with the revenue of $909.9 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $4 billion, an increase of 14.8% from last year. For the last five years Allegheny Technologies Inc had an average revenue decline of 2% a year.

The reported diluted earnings per share was $1.61 for the year, compared with the loss per share of $0.03 in the previous year. The Allegheny Technologies Inc had an operating margin of 8.95%, compared with the operating margin of 5.52% a year before. The 10-year historical median operating margin of Allegheny Technologies Inc is 4.28%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Allegheny Technologies Inc has the cash and cash equivalents of $382.0 million, compared with $141.6 million in the previous year. The long term debt was $1.5 billion, compared with $1.5 billion in the previous year. The interest coverage to the debt is 4. Allegheny Technologies Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $28.90, Allegheny Technologies Inc is traded at 22.6% premium to its historical median P/S valuation band of $23.57. The P/S ratio of the stock is 1.07, while the historical median P/S ratio is 0.85. The stock gained 8.18% during the past 12 months.

Directors and Officers Recent Trades:

  • Executive Chairman Richard J Harshman sold 20,208 shares of ATI stock on 02/26/2019 at the average price of $29.12. The price of the stock has decreased by 0.76% since.

  • Executive Chairman Richard J Harshman sold 7,140 shares of ATI stock on 02/21/2019 at the average price of $28.99. The price of the stock has decreased by 0.31% since.

For the complete 20-year historical financial data of ATI, click here.

This article first appeared on GuruFocus.


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