Allegheny Technologies Incorporated Stock Filter Stocks by Fundamentals
ATI Stock | USD 49.10 0.66 1.33% |
Allegheny Technologies Incorporated fundamentals help investors to digest information that contributes to Allegheny Technologies' financial success or failures. It also enables traders to predict the movement of Allegheny Stock. The fundamental analysis module provides a way to measure Allegheny Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Allegheny Technologies stock.
Allegheny | Price to Earnings To Growth |
Did you try this?
Run Portfolio Holdings Now
Portfolio HoldingsCheck your current holdings and cash postion to detemine if your portfolio needs rebalancing |
All Next | Launch Module |
Allegheny Fundamentals
Return On Equity | 0.32 | ||||
Return On Asset | 0.0537 | ||||
Profit Margin | 0.1 % | ||||
Operating Margin | 0.09 % | ||||
Current Valuation | 7.97 B | ||||
Shares Outstanding | 124.44 M | ||||
Shares Owned By Insiders | 1.10 % | ||||
Shares Owned By Institutions | 98.90 % | ||||
Number Of Shares Shorted | 6.38 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 | ||||
Short Ratio | 5.02 X | ||||
Earnings Per Share | 2.81 X | ||||
Price To Earnings To Growth | 1.20 X | ||||
Target Price | 56.89 | ||||
Number Of Employees | 7.3 K | ||||
Beta | 1.23 | ||||
Market Capitalization | 6.19 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 | ||||
Five Year Return | 2.44 % | ||||
Net Asset | 4.99 B |
About Allegheny Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Allegheny Technologies Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Allegheny Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Allegheny Technologies Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Allegheny Technologies Investors Sentiment
The influence of Allegheny Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Allegheny. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Allegheny Technologies' public news can be used to forecast risks associated with an investment in Allegheny. The trend in average sentiment can be used to explain how an investor holding Allegheny can time the market purely based on public headlines and social activities around Allegheny Technologies Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Allegheny Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Allegheny Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Allegheny Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Allegheny Technologies.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Allegheny Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Allegheny Technologies' short interest history, or implied volatility extrapolated from Allegheny Technologies options trading.
Pair Trading with Allegheny Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Allegheny Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Allegheny Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Allegheny Stock
0.91 | ESAB | ESAB Corp Earnings Call Next Week | PairCorr |
0.74 | CRS | Carpenter Technology Earnings Call Next Week | PairCorr |
Moving against Allegheny Stock
0.85 | SGBX | SG Blocks | PairCorr |
0.55 | PRLB | Proto Labs Financial Report 3rd of May 2024 | PairCorr |
0.52 | AP | Ampco Pittsburgh | PairCorr |
0.43 | RYI | Ryerson Holding Corp Earnings Call Next Week | PairCorr |
The ability to find closely correlated positions to Allegheny Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allegheny Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Allegheny Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Allegheny Technologies Incorporated to buy it.
The correlation of Allegheny Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Allegheny Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allegheny Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Allegheny Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Allegheny Technologies Piotroski F Score and Allegheny Technologies Altman Z Score analysis. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
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.