Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Allegheny Technologies (ATI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.Allegheny Technologies is a member of our Basic Materials group, which includes ...

DALLAS, June 6, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) Chief Financial Officer Don Newman will speak at the 2024 Wells Fargo Industrials Conference in Chicago, IL, on June 11, 2024, at 12:45 p.m. CT. The link to the fireside chat is available at the News & Events section of www.ATImaterials.com/investors. An audio replay and full transcript of the event will be available following the presentation.ATI: Proven to Perform.ATI (NYSE: ATI) is a global producer of high performance materials and solutions for ...

Investors might want to bet on Allegheny Technologies (ATI) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.Inves ...

The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Allegheny Technologies (ATI) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.Allegheny Technologies is a member of the Basic Materials sector. This group includes 240 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...

Experienced leader with track record of increasing operational performanceDALLAS, May 2, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announces that Netta Washington has joined as Executive Vice President, leading the company's High Performance Materials and Components (HPMC) segment. Washington will guide the strategy and performance of the businesses within HPMC, helping to continue building the synergies and optimizing the supply chain between these strong businesses. Washington will be based at ATI's Dalla ...

ATI Inc. (ATI) recorded a profit of $66.1 million or 46 cents per share in first-quarter 2024 compared with the year-ago quarter's $84.5 million or 58 cents.ATI posted adjusted earnings of 48 cents per share, down 19% from the year-ago quarter’s figure of 59 cents. Adjusted earnings exceeded the Zacks Consensus Estimate of 41 cents.The company’s net sales in the first quarter were $1,042.9 million, exceeding the Zacks Consensus Estimate of $1,011.7 million. Net sales remained flat year over year. ATI saw st ...

ATI, Inc. (NYSE:ATI) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants David Weston - Vice President, Investor Relations Robert Wetherbee - Board Chair and Chief Executive Officer Kimberly Fields - President and Chief Operating Officer Don Newman - Executive Vice President, Finance and Chief Financial Officer Conference Call Participants Michael Leshock - KeyBanc Capital Markets Richard Safran - Seaport Global Securities David Strauss - Barclays Scott Deuschle - Deutsche Bank C ...

A solid quarter is alleviating some of the concern surrounding this aerospace stock.Material sciences specialist ATI (ATI 16.42%) reported a strong first quarter, and its guidance implies that issues at Boeing are not softening demand for its products. Investors are relieved, sending ATI shares up 17% as of 2 p.m. ET.Steady results in a tough environmentATI makes high-performance materials for the aerospace, defense, healthcare, and energy markets. It is best known for the composite fibers used to replace h ...