|Bid||20.76 x 800|
|Ask||22.74 x 900|
|Day's Range||21.82 - 22.49|
|52 Week Range||20.84 - 30.18|
|Beta (3Y Monthly)||2.30|
|PE Ratio (TTM)||16.39|
|Earnings Date||Jul 22, 2019 - Jul 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||31.36|
Steel represents a significant amount of materials trading done on the stock market. Some companies perform better than others—for a number of reasons.
Allegheny Technologies (ATI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Allegheny Technologies Inc NYSE:ATIView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is high * Economic output in this company's sector is expanding Bearish sentimentShort interest | NegativeShort interest is extremely high for ATI with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting ATI. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $2.10 billion over the last one-month into ETFs that hold ATI are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Basic Materials sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. ATI credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Allegheny Technologies...
Allegheny Technologies Incorporated announced that at the conclusion of its 2019 Annual Meeting today, Diane C. Creel became independent Board Chair upon retirement of Executive Chairman Richard J.
Hedge fund managers like David Einhorn, Bill Ackman, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing […]
Higher sales of nickel-based and specialty alloy products along with titanium products drive Allegheny's (ATI) HPMC segment in Q1.
Allegheny Technologies (ATI) delivered earnings and revenue surprises of 0.00% and 2.70%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Pittsburgh-based company said it had net income of 12 cents. The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research ...
Allegheny Technologies (ATI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Chevron will buy the rival oil company for $33 billion as it seeks more growth from deep-water exploration in the gulf and in the Permian Basin. The nation's largest bank by assets reported a 5% increase in quarterly profit on more revenue from loans, beating Wall Street forecasts. The media and entertainment company will launch its new video streaming service in the U.S. as early as October.
, a specialty alloy and components maker for aerospace and defense, fell sharply Friday, a day after revealing that its updated first-quarter financial results are failing to meet expectations. Allegheny's shares were trading down around 8% on the New York Stock Exchange, spurred by news that company's first-quarter earnings per share are expected to range from 10 cents to 13 cents a share on sales of around $1 billion. "Our first quarter financial results are below our expectations as we faced unexpected operational headwinds," said Robert S. Wetherbee, ATI's chief executive, in a statement.
Allegheny Technologies Incorporated (ATI) today announced that its first quarter 2019 earnings per share is expected to be in the range of $0.10 to $0.13. “Our first quarter financial results are below our expectations as we faced unexpected operational headwinds in both of our business segments,” said Robert S. Wetherbee, ATI President and Chief Executive Officer. In the High Performance Materials and Components (HPMC) segment, the company cited a greater than anticipated negative impact from the continued disruption in third party nickel powder billet supply, as well as higher operating costs due to the accelerated ramp of nickel powder production and the temporary margin compression caused by the rapid drop from prior months’ cobalt prices.
Harshman defined his career path by setting goals and taking risks. He told himself he wanted to be CEO of a public company by age 45, and he did so by age 44.
Many companies will report quarterly earnings later this month and in early May, which makes it a good time for opportunistic investors to be on high alert.