Allegheny Technologies Incorporated Stock Performance
| ATI Stock | USD 49.76 0.80 1.58% |
On a scale of 0 to 100, Allegheny Technologies holds a performance score of 9. The firm shows a Beta (market volatility) of 1.13, which signifies a somewhat significant risk relative to the market. Allegheny Technologies returns are very sensitive to returns on the market. As the market goes up or down, Allegheny Technologies is expected to follow. Please check Allegheny Technologies' total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Allegheny Technologies' price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Allegheny Technologies Incorporated are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite fairly weak basic indicators, Allegheny Technologies demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (1.59) | Five Day Return (4.17) | Year To Date Return 12.31 | Ten Year Return 24.92 | All Time Return 97.05 |
Last Split Factor 1:2 | Dividend Date 2016-09-08 | Ex Dividend Date 2016-08-16 | Last Split Date 1999-11-30 |
1 | Allegheny Technologies Q4 2023 Earnings Preview | 01/31/2024 |
2 | ATI PHYSICAL THERAPY LAUNCHES THE INSTITUTE FOR MUSCULOSKELETAL ADVANCEMENT | 02/13/2024 |
3 | Disposition of 45351 shares by Elliot Davis of Allegheny Technologies at 49.12 subject to Rule 16b-3 | 02/29/2024 |
4 | Acquisition by Miller Michael Benjamin of 5077 shares of Allegheny Technologies subject to Rule 16b-3 | 03/01/2024 |
5 | ATI Inc. Sees Large Growth in Short Interest | 03/05/2024 |
6 | Bechtel Plant Machinery Inc. Selects Velo3Ds Metal Additive Manufacturing Solution To Revolutionize the Supply Chain for the U.S. Navy | 03/07/2024 |
7 | Disposition of 531 shares by Tina Busch of Allegheny Technologies at 40.56 subject to Rule 16b-3 | 03/08/2024 |
8 | ATI Celebrates Commissioning of New Press Critical to Titanium Production | 03/19/2024 |
9 | Insider Trading | 03/20/2024 |
10 | Heres Why We Think ATI Might Deserve Your Attention Today | 03/28/2024 |
11 | ATI Announces Webcast for First Quarter 2024 Results | 04/02/2024 |
12 | ATI Celebrates Completion of Most Advanced Materials Finishing Operations | 04/11/2024 |
13 | Will Allegheny Technologies Beat Estimates Again in Its Next Earnings Report | 04/15/2024 |
14 | Disposition of 9627 shares by Elliot Davis of Allegheny Technologies at .0747 subject to Rule 16b-3 | 04/19/2024 |
| Begin Period Cash Flow | 584 M |
Allegheny |
Allegheny Technologies Relative Risk vs. Return Landscape
If you would invest 4,295 in Allegheny Technologies Incorporated on January 24, 2024 and sell it today you would earn a total of 681.00 from holding Allegheny Technologies Incorporated or generate 15.86% return on investment over 90 days. Allegheny Technologies Incorporated is generating 0.2611% of daily returns assuming volatility of 2.186% on return distribution over 90 days investment horizon. In other words, 19% of stocks are less volatile than Allegheny, and above 95% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Allegheny Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allegheny Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Allegheny Technologies Incorporated, and traders can use it to determine the average amount a Allegheny Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1195
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.19 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Allegheny Technologies is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Allegheny Technologies by adding it to a well-diversified portfolio.
Allegheny Technologies Fundamentals Growth
Allegheny Stock prices reflect investors' perceptions of the future prospects and financial health of Allegheny Technologies, and Allegheny Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Allegheny Stock performance.
| Return On Equity | 0.32 | ||||
| Return On Asset | 0.0537 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 8.07 B | ||||
| Shares Outstanding | 124.44 M | ||||
| Price To Earning | 153.89 X | ||||
| Price To Book | 4.68 X | ||||
| Price To Sales | 1.54 X | ||||
| Revenue | 7.54 B | ||||
| Gross Profit | 714.2 M | ||||
| EBITDA | 466.4 M | ||||
| Net Income | 410.8 M | ||||
| Cash And Equivalents | 584 M | ||||
| Cash Per Share | 2.55 X | ||||
| Total Debt | 2.18 B | ||||
| Debt To Equity | 1.84 % | ||||
| Current Ratio | 2.88 X | ||||
| Book Value Per Share | 10.82 X | ||||
| Cash Flow From Operations | 85.9 M | ||||
| Earnings Per Share | 2.81 X | ||||
| Market Capitalization | 6.29 B | ||||
| Total Asset | 4.99 B | ||||
| Retained Earnings | (70.1 M) | ||||
| Working Capital | 1.76 B | ||||
| Current Asset | 1.87 B | ||||
| Current Liabilities | 686.5 M | ||||
About Allegheny Technologies Performance
To evaluate Allegheny Technologies Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Allegheny Technologies generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Allegheny Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Allegheny Technologies market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Allegheny's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 67.54 | 84.66 | |
| Return On Tangible Assets | 0.09 | 0.09 | |
| Return On Capital Employed | 0.12 | 0.09 | |
| Return On Assets | 0.08 | 0.09 | |
| Return On Equity | 0.30 | 0.31 |
Things to note about Allegheny Technologies performance evaluation
Checking the ongoing alerts about Allegheny Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Allegheny Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from MacroaxisInsider: Disposition of 9627 shares by Elliot Davis of Allegheny Technologies at .0747 subject to Rule 16b-3 |
- Analyzing Allegheny Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Allegheny Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Allegheny Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Allegheny Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Allegheny Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Allegheny Technologies' stock. These opinions can provide insight into Allegheny Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegheny Technologies Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Allegheny Stock analysis
When running Allegheny Technologies' price analysis, check to measure Allegheny Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allegheny Technologies is operating at the current time. Most of Allegheny Technologies' value examination focuses on studying past and present price action to predict the probability of Allegheny Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allegheny Technologies' price. Additionally, you may evaluate how the addition of Allegheny Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Allegheny Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allegheny Technologies. If investors know Allegheny will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allegheny Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.32) | Earnings Share 2.81 | Revenue Per Share 32.582 | Quarterly Revenue Growth 0.053 | Return On Assets 0.0537 |
The market value of Allegheny Technologies is measured differently than its book value, which is the value of Allegheny that is recorded on the company's balance sheet. Investors also form their own opinion of Allegheny Technologies' value that differs from its market value or its book value, called intrinsic value, which is Allegheny Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allegheny Technologies' market value can be influenced by many factors that don't directly affect Allegheny Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allegheny Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegheny Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegheny Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.