Company Performance - Allegheny Technologies (ATI) closed at $89.31, with a daily increase of +1.43%, outperforming the S&P 500, which fell by 0.33% [1] - Over the last month, ATI shares increased by 4.66%, surpassing the Basic Materials sector's gain of 1.87% and the S&P 500's gain of 4.07% [1] Upcoming Earnings - The upcoming earnings report for Allegheny Technologies is scheduled for July 31, 2025, with an expected EPS of $0.71, reflecting an 18.33% increase from the prior-year quarter [2] - Revenue is projected to be $1.14 billion, up 3.68% from the prior-year quarter [2] Full Year Estimates - For the full year, earnings are projected at $3.02 per share and revenue at $4.63 billion, indicating increases of +22.76% and +6.08% respectively from the previous year [3] - Recent revisions to analyst forecasts are important as they reflect short-term business trends, with positive revisions indicating a favorable business outlook [3] Zacks Rank and Valuation - Allegheny Technologies currently holds a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate having increased by 0.35% over the last 30 days [5] - The company is trading at a Forward P/E ratio of 29.19, which is a premium compared to the industry average Forward P/E of 20.17 [6] - The PEG ratio for ATI is currently 1.18, aligning with the average PEG ratio for the Steel - Specialty industry [6] Industry Overview - The Steel - Specialty industry is part of the Basic Materials sector and holds a Zacks Industry Rank of 28, placing it in the top 12% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating a strong industry performance [7]

Core Insights - Allegheny Technologies (ATI) has consistently beaten earnings estimates, particularly in the last two quarters with an average surprise of 27.90% [1] - The company reported earnings of $0.72 per share against a consensus estimate of $0.58, resulting in a surprise of 24.14% for the last quarter [2] - For the previous quarter, ATI's earnings were $0.79 per share compared to an expected $0.60, delivering a surprise of 31.67% [2] Earnings Estimates and Predictions - Recent estimates for Allegheny Technologies have been increasing, indicating positive sentiment among analysts [5] - The Zacks Earnings ESP for the company is currently positive at +3.38%, suggesting a strong potential for an earnings beat [8] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6] Zacks Rank and Earnings Release - Allegheny Technologies holds a Zacks Rank of 2 (Buy), which, combined with its positive Earnings ESP, indicates a high likelihood of another earnings beat [8] - The next earnings report for the company is anticipated to be released on July 31, 2025 [8]

Company Overview - Allegheny Technologies (ATI) currently holds a Momentum Style Score of B, indicating potential for strong performance in the momentum investing strategy [3][12] - The company has a Zacks Rank of 2 (Buy), which is associated with a historical outperformance when combined with a Style Score of A or B [4][12] Price Performance - Over the past week, ATI shares have increased by 1.15%, while the Zacks Steel - Specialty industry has decreased by 2.24% [6] - In a longer time frame, ATI's monthly price change is 11.39%, outperforming the industry's 5.91% [6] - Over the last three months, ATI shares have risen by 63.28%, and over the past year, they are up 59.27%, compared to the S&P 500's increases of 8.57% and 11.45%, respectively [7] Trading Volume - ATI's average 20-day trading volume is 1,810,708 shares, which serves as a bullish indicator when the stock is rising on above-average volume [8] Earnings Outlook - In the past two months, three earnings estimates for ATI have been revised upwards, while none have been revised downwards, leading to an increase in the consensus estimate from $2.91 to $3.01 [10] - For the next fiscal year, two estimates have also moved upwards with no downward revisions [10]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Carpenter Technology (CRS) - Carpenter Technology currently holds a Momentum Style Score of B, indicating a favorable momentum outlook [3]. - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [4]. Performance Metrics - Over the past week, CRS shares increased by 5.85%, outperforming the Zacks Steel - Specialty industry, which rose by 4.87% [6]. - In a longer timeframe, CRS shares have risen by 35.47% over the past three months and 135.62% over the last year, significantly outperforming the S&P 500's gains of 7.87% and 14.01%, respectively [7]. Trading Volume - The average 20-day trading volume for CRS is 769,905 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the last two months, five earnings estimates for CRS have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $6.95 to $7.27 [10]. - For the next fiscal year, four estimates have moved up, with one downward revision noted [10]. Conclusion - Considering the positive momentum indicators and earnings outlook, CRS is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [12].

Core Viewpoint - Metallus (MTUS) reported quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.11 per share, and a significant decline from $0.56 per share a year ago, indicating a -36.36% earnings surprise [1] - The company has struggled to meet consensus EPS estimates over the last four quarters, with revenues of $280.5 million for the quarter ended March 2025, surpassing estimates by 10.30% but down from $321.6 million year-over-year [2] Company Performance - Metallus has not exceeded consensus EPS estimates in the last four quarters, and its revenue performance has only surpassed estimates once during this period [2] - The stock has declined approximately 8.8% since the beginning of the year, compared to a -4.3% decline in the S&P 500 [3] Future Outlook - The company's future stock performance will largely depend on management's commentary during the earnings call and the revisions of earnings estimates [3][4] - Current consensus EPS estimate for the upcoming quarter is $0.15 on revenues of $282.3 million, and for the current fiscal year, it is $1.03 on revenues of $1.16 billion [7] Industry Context - The Steel - Specialty industry, to which Metallus belongs, is currently ranked in the top 24% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]

Company Overview - Allegheny Technologies (ATI) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 2 (Buy), which is associated with a history of outperforming the market [4] Price Performance - ATI shares have increased by 25.39% over the past week, significantly outperforming the Zacks Steel - Specialty industry, which rose by 4.7% during the same period [6] - Over the past month, ATI's stock price has surged by 63.93%, compared to the industry's 16.3% [6] - In the last quarter, ATI shares rose by 11.22%, and over the past year, they gained 15.03%, while the S&P 500 experienced declines of -7.56% and a modest increase of 9.65%, respectively [7] Trading Volume - The average 20-day trading volume for ATI is 2,122,049 shares, which serves as a useful indicator of market interest and price movement [8] Earnings Outlook - In the past two months, three earnings estimates for ATI have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $2.89 to $2.96 [10] - For the next fiscal year, two estimates have also moved upwards with no downward revisions [10] Conclusion - Considering the strong price performance, positive earnings outlook, and high Momentum Style Score, ATI is positioned as a promising investment opportunity [12]

Core Insights - Allegheny Technologies (ATI) reported quarterly earnings of $0.72 per share, exceeding the Zacks Consensus Estimate of $0.58 per share, and up from $0.48 per share a year ago, representing an earnings surprise of 24.14% [1] - The company posted revenues of $1.14 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 7.60%, compared to $1.04 billion in the same quarter last year [2] - The stock has lost about 1.2% since the beginning of the year, while the S&P 500 has declined by 5.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.70 on revenues of $1.13 billion, and for the current fiscal year, it is $2.88 on revenues of $4.58 billion [7] - The estimate revisions trend for Allegheny Technologies is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Steel - Specialty industry, to which Allegheny Technologies belongs, is currently ranked in the top 38% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Another company in the same industry, Metallus, is expected to report a significant decline in earnings, with a projected EPS of $0.11, down 80.4% year-over-year, and revenues expected to be $254.3 million, down 20.9% from the previous year [9][10]