Allegheny Technologies Incorporated (NYSE:ATI)went up by 2.10% from its latest closing price when compared to the 1-year high value of $30.18 and move down -41.23%, while ATI stocks collected +7.49% of gains with the last five trading sessions. Press Release reported on 08/26/19 that G.research’s 25th Annual Aerospace & Defense Conference
Allegheny Technologies Incorporated (NYSE:ATI) Worth an Investment?
Allegheny Technologies Incorporated (NYSE: ATI) scored price to earnings ratio above its average ratio, recording 15.66 times of increase in earnings at the present.
ATI Market Performance
ATI stocks went up by 7.49% for the week, with the monthly jump of 20.26% and a quarterly performance of -10.88%, while its annual performance rate touched -15.13%. The simple moving average for the period of the last 20 days is 14.21% for ATI stocks with the simple moving average of -11.56% for the last 200 days.
Analysts’ Opinion on Allegheny Technologies Incorporated (NYSE:ATI)
Many brokerage firms have already submitted their reports for ATI stocks, with Longbow repeating the rating for ATI shares by setting it to “Neutral”. The predicted price for ATI socks in the upcoming period according to Longbow is $98 based on the research report published on July 18, 2019.
Buckingham Research, on the other hand, stated in their research note that they expect to see ATI stock at the price of $27, previously predicting the value of $40. The rating they have provided for ATI stocks is “Neutral” according to the report published on May 6, 2019.
Macquarie gave “ Neutral” rating to ATI stocks, setting the target price at $28 in the report published on April 12, 2019.
ATI Stocks 0.63% Far from 50 Day Moving Average
After a stumble in the market that brought ATI to its low price for the period of the last 52 weeks, Allegheny Technologies Incorporated was unable to take a rebound, for now settling with -29.19% of loss for the given period.
The stock volatility was left at 3.35%, however, within the period of a single month, the volatility rate increased by 3.86%, while the shares surge at the distance of +17.16% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -15.57% lower at the present time.
In the course of the last 5 trading sessions, ATI went up by +7.49%, which changed the moving average for the period of 200 days to the total of -18.00% of losses for the stock in comparison to the 20-day moving average settled at $18.87. In addition, Allegheny Technologies Incorporated saw -1.84% in overturn over the period of a single year with a tendency to cut further losses.
ATI Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Allegheny Technologies Incorporated (ATI), starting from Powers Elizabeth C, who bought 2,000 shares at the price of $18.17 back on Aug 14. After this action, Rushing now owns 80,185 shares of Allegheny Technologies Incorporated, valued at $36,340 with the latest closing price.
Kramer Kevin B, the Sr. VP, CCMO of Allegheny Technologies Incorporated, bought 2,500 shares at the value of $17.68 during a trade that took place back on Aug 14, which means that Kramer Kevin B is holding 98,385 shares at the value of $44,208 based on the most recent closing price.
ATI Stock Fundamentals
The current profitability levels are settled at +8.64 for the present operating margin and +15.27 for gross margin. The net margin for Allegheny Technologies Incorporated stands at +5.50. Total capital return value is set at 10.11, while invested capital returns managed to touch 6.65. Equity return holds the value 9.30%, with 3.30% for asset returns.
Based on Allegheny Technologies Incorporated (ATI), the company’s capital structure generated 81.78 points for debt to equity in total, while total debt to capital is set at the value of 44.99. Total debt to assets is settled at the value of 28.03 with long-term debt to equity ratio rests at 81.43 and long-term debt to capital is 44.80.
EBITDA value lies at +149.20 M with total debt to EBITDA carrying the value of 2.99. The value for Enterprise to Sales is 0.89 with debt to enterprise value settled at 0.35. The receivables turnover for Allegheny Technologies Incorporated is 7.20 with the total asset turnover at the value of 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.68.