Allegheny Technologies Inc (ATI) Files 10-K for the Fiscal Year Ended on December 31, 2017

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Allegheny Technologies Inc (ATI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. 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 $3.32 billion; its shares were traded at around $26.34 with and P/S ratio of 0.90.


For the last quarter Allegheny Technologies Inc reported a revenue of $909.9 million, compared with the revenue of $796.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $3.5 billion, an increase of 12.5% from last year. For the last five years Allegheny Technologies Inc had an average revenue decline of 6.3% a year.

The reported loss per diluted share was 83 cents for the year, compared with the loss per share of $1.44 in the previous year. The Allegheny Technologies Inc had an operating margin of 2.28%, compared with the operating margin of -19.54% a year before. The 10-year historical median operating margin of Allegheny Technologies Inc is 2.77%. 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 $141.6 million, compared with $229.6 million in the previous year. The long term debt was $1.5 billion, compared with $1.8 billion in the previous year. Allegheny Technologies Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $26.34, Allegheny Technologies Inc is traded at close to its historical median P/S valuation band of $25.25. The P/S ratio of the stock is 0.90, while the historical median P/S ratio is 0.86. The stock gained 35.11% during the past 12 months.

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

This article first appeared on GuruFocus.


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