Allegheny Stock Analysis

ATI -  USA Stock  

USD 20.00  0.78  4.06%

The current bullish price patterns experienced by current Allegheny Technologies shareholders could raise concerns from stockholders as the firm it trading at a share price of 20.00 on 2,038,249 in volume. The company management teams have been very successful in rebalancing the firm assets at opportune times to take advantage of market volatility in December. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.41. The current volatility is consistent with the ongoing market swings in December 2021 as well as with Allegheny Technologies unsystematic, company-specific events.
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Allegheny Stock Analysis 

 
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The Allegheny Technologies stock analysis report makes it easy to digest most publicly released information about Allegheny Technologies and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Allegheny Stock analysis module also helps to analyze the Allegheny Technologies price relationship with some important fundamental indicators such as market cap and management efficiency.

Allegheny Stock Analysis Notes

About 108.0% of the company shares are held by institutions such as insurance companies. The book value of Allegheny Technologies was presently reported as 4.26. The company recorded a loss per share of 8.9. Allegheny Technologies next dividend is scheduled to be issued on the 16th of August 2016. The entity had 1:25 split on the 30th of November 1999. Allegheny Technologies Incorporated manufactures and sells specialty materials and components worldwide. Allegheny Technologies Incorporated was founded in 1960 and is based in Pittsburgh, Pennsylvania. Allegheny Technologies operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 6500 people. For more info on Allegheny Technologies please contact Richard Harshman at 412 394-2800 or go to www.atimetals.com.

Allegheny Technologies Quarterly Cost of Revenue

643.2 MillionShare

Allegheny Technologies Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Allegheny Technologies' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Allegheny Technologies or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The company reported the last year's revenue of 2.69 B. Reported Net Loss for the year was (1.13 B) with profit before taxes, overhead, and interest of 300 M.
Allegheny Technologies has about 1.01 B in cash with (122.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.91.
Latest headline from oxfordspokesman.com: Aerospace Forgings Market Size, Scope, Growth, Analysis And Forecast To 2029 Arconic, Eramet Group, Avic Heavy Machinery, VSMPO-AVISMA, Allegheny Technologies The Oxford Spokesman - The Oxford Spokesman

Allegheny Technologies Upcoming and Recent Events

Earnings reports are used by Allegheny Technologies to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Allegheny Technologies previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report2nd of February 2022
Next Earnings Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End2nd of February 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

Allegheny Largest EPS Surprises

Earnings surprises can significantly impact Allegheny Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2017-10-24
2017-09-30-0.0617-0.07-0.008313 
2015-04-21
2015-03-310.10.09-0.0110 
2001-04-18
2001-03-310.090.08-0.0111 
View All Earnings Estimates

Allegheny Technologies SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Allegheny Technologies prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Allegheny Technologies investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Allegheny Technologies specific information freely available to individual and institutional investors to make a timely investment decision.
28th of October 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
21st of October 2021
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
14th of September 2021
Financial Statements and Exhibits. Other Events. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
View
10th of September 2021
Financial Statements and Exhibits. Other Events
View
8th of September 2021
Financial Statements and Exhibits. Other Events
View
16th of August 2021
Financial Statements and Exhibits. Other Events
View
3rd of August 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
6th of July 2021
Financial Statements and Exhibits. Other Events
View

Allegheny Technologies Thematic Classifications

In addition to having Allegheny Technologies stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Steel Works Etc IdeaSteel Works Etc
USA Equities from Steel Works Etc industry as classified by Fama & French

Allegheny Market Capitalization

The company currently falls under 'Mid-Cap' category with total capitalization of 2.52 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Allegheny Technologies's market, we take the total number of its shares issued and multiply it by Allegheny Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Allegheny Profitablity

Allegheny Technologies' profitability indicators refer to fundamental financial ratios that showcase Allegheny Technologies' ability to generate income relative to its revenue or operating costs. If, let's say, Allegheny Technologies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Allegheny Technologies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Allegheny Technologies' profitability requires more research than a typical breakdown of Allegheny Technologies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (41.94) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 7.49 %, which entails that for every 100 dollars of revenue, it generated 0.07 of operating income.
Last ReportedProjected for 2022
Return on Investment(53.72) (55.13) 
Return on Average Assets(0.28) (0.29) 
Return on Average Equity(0.93) (0.95) 
Return on Invested Capital(0.25) (0.26) 
Return on Sales(0.42) (0.43) 

Management Efficiency

The entity has Return on Asset of 0.96 % which means that on every $100 spent on asset, it made $0.96 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (87.58) %, meaning that it generated no profit with money invested by stockholders. Allegheny Technologies management efficiency ratios could be used to measure how well allegheny technologies manages its routine affairs as well as how well it operates its assets and liabilities. The current Return on Investment is estimated to decrease to -55.13. The current Return on Average Assets is estimated to decrease to -0.29. Allegheny Technologies Assets Non Current are most likely to decrease significantly in the upcoming years. The last year's value of Assets Non Current was reported at 1.77 Billion. The current Goodwill and Intangible Assets is estimated to increase to about 222.3 M, while Tax Assets are projected to decrease to roughly 64 M.
Last ReportedProjected for 2022
Book Value per Share 3.70  3.79 
Enterprise Value over EBIT(1.80) (1.85) 
Enterprise Value over EBITDA(2.22) (2.28) 
Price to Book Value 4.69  5.06 
Tangible Assets Book Value per Share 26.93  33.23 
Enterprise Value2.8 B3.2 B
Tangible Asset Value3.4 B3.9 B

Technical Drivers

As of the 26th of January, Allegheny Technologies shows the Mean Deviation of 2.11, risk adjusted performance of 0.0908, and Downside Deviation of 2.33. Allegheny Technologies technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Allegheny Technologies, which can be compared to its rivals. Please confirm Allegheny Technologies information ratio, as well as the relationship between the value at risk and expected short fall to decide if Allegheny Technologies is priced correctly, providing market reflects its regular price of 20.0 per share. Given that Allegheny Technologies has jensen alpha of 0.3542, we suggest you to validate Allegheny Technologies's prevailing market performance to make sure the company can sustain itself at a future point.

Allegheny Technologies Price Movement Analysis

The output start index for this execution was one with a total number of output elements of sixty. The Simple Moving Average indicator is calculated by adding the closing price of Allegheny Technologies for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Allegheny Technologies short-term fluctuations and highlight longer-term trends or cycles. View also all equity analysis or get more info about simple moving average overlap studies indicator.

Allegheny Technologies Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Allegheny Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Allegheny Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Allegheny Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Herbert Carlisle six days ago via Macroaxis 
Payment of tradable shares by Herbert Carlisle of Allegheny Technologies subject to Rule 16b-3
Donald Newman over two weeks ago via Macroaxis 
Payment of 3740 shares by Donald Newman of Allegheny Technologies subject to Rule 16b-3
Timothy Harris over two weeks ago via Macroaxis 
Acquisition by Timothy Harris of 51282 shares of Allegheny Technologies subject to Rule 16b-3
Marianne Kah over three months ago via Macroaxis 
Payment of tradable shares by Marianne Kah of Allegheny Technologies subject to Rule 16b-3
Marianne Kah over six months ago via Macroaxis 
Acquisition by Marianne Kah of 4347 shares of Allegheny Technologies subject to Rule 16b-3
Marianne Kah over six months ago via Macroaxis 
Payment of tradable shares by Marianne Kah of Allegheny Technologies subject to Rule 16b-3
Marianne Kah over six months ago via Macroaxis 
Payment of tradable shares by Marianne Kah of Allegheny Technologies subject to Rule 16b-3
Elliot Davis over six months ago via Macroaxis 
Sale by Elliot Davis of 15200 shares of Allegheny Technologies
Elliot Davis over six months ago via Macroaxis 
Sale by Elliot Davis of 8233 shares of Allegheny Technologies
Timothy Harris over six months ago via Macroaxis 
Payment of 2271 shares by Timothy Harris of Allegheny Technologies subject to Rule 16b-3
Timothy Harris over six months ago via Macroaxis 
Payment of 2069 shares by Timothy Harris of Allegheny Technologies subject to Rule 16b-3
Donald Newman over a year ago via Macroaxis 
Purchase by Donald Newman of 12500 shares of Allegheny Technologies

Allegheny Technologies Outstanding Bonds

Allegheny Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Allegheny Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Allegheny bonds can be classified according to their maturity, which is the date when Allegheny Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Allegheny Technologies Technical and Predictive Indicators

Allegheny Technologies Forecast Models

Allegheny Technologies time-series forecasting models is one of many Allegheny Technologies' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Allegheny Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Allegheny Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Allegheny Technologies stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Allegheny shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Allegheny Technologies. By using and applying Allegheny Stock analysis, traders can create a robust methodology for identifying Allegheny entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin(50.24) (51.56) 
EBITDA Margin(0.38) (0.39) 
Gross Margin 0.11  0.12 
Profit Margin(0.47) (0.48) 
Allegheny Technologies Incorporated manufactures and sells specialty materials and components worldwide. Allegheny Technologies Incorporated was founded in 1960 and is based in Pittsburgh, Pennsylvania. Allegheny Technologies operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 6500 people.

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Please continue to Trending Equities. Note that the Allegheny Technologies information on this page should be used as a complementary analysis to other Allegheny Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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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 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.
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 Allegheny Technologies value 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.