Allegheny Technologies Incorporated manufactures and sells specialty materials and components worldwide.
Fair value with acceptable track record.
Share Price & News
How has Allegheny Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ATI's share price has been volatile over the past 3 months.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: ATI underperformed the US Metals and Mining industry which returned -25.3% over the past year.
Return vs Market: ATI underperformed the US Market which returned -10% over the past year.
Price Volatility Vs. Market
How volatile is Allegheny Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StHow Does Allegheny Technologies's (NYSE:ATI) P/E Compare To Its Industry, After The Share Price Drop?
1 month ago | Simply Wall StA Look At The Intrinsic Value Of Allegheny Technologies Incorporated (NYSE:ATI)
1 month ago | Simply Wall StInvestors Who Bought Allegheny Technologies (NYSE:ATI) Shares Five Years Ago Are Now Down 42%
Is Allegheny Technologies undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ATI ($8.93) is trading above our estimate of fair value ($1.53)
Significantly Below Fair Value: ATI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ATI is good value based on its PE Ratio (4.4x) compared to the Metals and Mining industry average (8x).
PE vs Market: ATI is good value based on its PE Ratio (4.4x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: ATI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ATI is good value based on its PB Ratio (0.5x) compared to the US Metals and Mining industry average (1.1x).
How is Allegheny Technologies forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATI's earnings are forecast to decline over the next 3 years (-24.2% per year).
Earnings vs Market: ATI's earnings are forecast to decline over the next 3 years (-24.2% per year).
High Growth Earnings: ATI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ATI's revenue is expected to decline over the next 3 years (-0.2% per year).
High Growth Revenue: ATI's revenue is forecast to decline over the next 3 years (-0.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ATI's Return on Equity is forecast to be low in 3 years time (6.6%).
How has Allegheny Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATI has a large one-off gain of $51.3M impacting its December 31 2019 financial results.
Growing Profit Margin: ATI's current net profit margins (6.2%) are higher than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: ATI has become profitable over the past 5 years, growing earnings by 41.2% per year.
Accelerating Growth: ATI's earnings growth over the past year (15.8%) is below its 5-year average (41.2% per year).
Earnings vs Industry: ATI earnings growth over the past year (15.8%) exceeded the Metals and Mining industry -22.3%.
Return on Equity
High ROE: ATI's Return on Equity (12.3%) is considered low.
How is Allegheny Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: ATI's short term assets ($2.3B) exceed its short term liabilities ($849.2M).
Long Term Liabilities: ATI's short term assets ($2.3B) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: ATI's debt to equity ratio (63.2%) is considered high.
Reducing Debt: ATI's debt to equity ratio has increased from 55.7% to 63.2% over the past 5 years.
Debt Coverage: ATI's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: ATI's interest payments on its debt are not well covered by EBIT (3x coverage).
What is Allegheny Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ATI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ATI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ATI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ATI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ATI is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ATI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bob Wetherbee (60yo)
Mr. Robert S. Wetherbee, also known as Bob, has been President, Chief Executive Officer and Director at Allegheny Technologies Incorporated since January 1, 2019. Mr. Wetherbee served as an Executive Vice ...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD5.56M) is above average for companies of similar size in the US market ($USD3.18M).
Compensation vs Earnings: Bob's compensation has increased by more than 20% in the past year.
|Senior VP and Chief Commercial & Marketing Officer||6.17yrs||US$2.73m||0.076% $863.7k|
|Executive Vice President of High Performance Material & Components Segment||8.92yrs||US$3.65m||0.11% $1.2m|
|Executive Vice President of Advance Alloys & Solutions||1yr||US$2.99m||0.0044% $50.3k|
|SVP of Finance & CFO||0.25yr||no data||no data|
|VP, Controller & Chief Accounting Officer||8.92yrs||no data||0.030% $341.0k|
|Senior VP and Chief Digital & Information Officer||0.92yr||no data||0.019% $215.9k|
|VP of Investor Relations & Treasurer||2.75yrs||no data||no data|
|Senior VP||9.67yrs||no data||0.11% $1.3m|
|Senior VP & Chief Human Resources Officer||5.42yrs||no data||0.064% $719.0k|
Experienced Management: ATI's management team is considered experienced (4.1 years average tenure).
|Independent Director||24.25yrs||US$239.99k||0.058% $654.0k|
|Independent Director||19.25yrs||US$234.99k||0.029% $325.6k|
|Independent Director||12.33yrs||US$224.98k||0.039% $443.8k|
|Independent Chairman & Lead Director||0.92yr||US$384.99k||0.044% $495.3k|
|Independent Director||1.17yrs||US$199.51k||0.0052% $58.3k|
|Independent Director||8.33yrs||US$244.99k||0.033% $374.2k|
|Independent Director||7.58yrs||US$231.66k||0.026% $294.2k|
|Independent Director||5.17yrs||US$224.98k||0.021% $236.3k|
|Independent Director||2.17yrs||US$224.99k||0.0060% $67.8k|
Experienced Board: ATI's board of directors are considered experienced (6.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ATI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Allegheny Technologies Incorporated's company bio, employee growth, exchange listings and data sources
- Name: Allegheny Technologies Incorporated
- Ticker: ATI
- Exchange: NYSE
- Founded: 1960
- Industry: Steel
- Sector: Materials
- Market Cap: US$1.131b
- Shares outstanding: 126.63m
- Website: https://www.atimetals.com
Number of Employees
- Allegheny Technologies Incorporated
- 1000 Six PPG Place
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ATI||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||May 1987|
|ATD||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||May 1987|
|ATD||BRSE (Berne Stock Exchange)||Yes||Common Shares||CH||CHF||May 1987|
Allegheny Technologies Incorporated manufactures and sells specialty materials and components worldwide. The company operates in two segments, High Performance Materials & Components and Advanced Alloys & Solutions. The company produces high performance materials, including titanium and titanium-based alloys; nickel-and cobalt-based alloys and superalloys; zirconium and related alloys, such as hafnium and niobium; powder alloys; and other specialty materials in long product forms of ingots, billets, bars, rods, wires, and shapes and rectangles, as well as seamless tubes, plus precision forgings, castings, components, and machined parts to the aerospace and defense, medical, oil and gas, and electrical energy markets. It also provides stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys in various product forms, including plate, sheet, engineered strip, and precision rolled strip products to various markets, such as chemical and hydrocarbon processing, automotive, aerospace and defense, food processing equipment and appliances, construction and mining, electronics, communication equipment, and computers. Allegheny Technologies Incorporated was founded in 1960 and is based in Pittsburgh, Pennsylvania.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/08 04:03|
|End of Day Share Price||2020/04/07 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.