Steel and specialty metals

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Allegheny Technologies (ATI) Rises As Market Takes a Dip: Key Facts
ZACKS· 2025-07-11 23:16
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]
Why Allegheny Technologies (ATI) Could Beat Earnings Estimates Again
ZACKS· 2025-07-11 17:11
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Allegheny Technologies (ATI) , which belongs to the Zacks Steel - Speciality industry, could be a great candidate to consider.This maker of steel and specialty metals has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 27.90%.For the last reported ...
Allegheny Technologies (ATI) Is Up 25.39% in One Week: What You Should Know
ZACKS· 2025-05-07 17:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
Allegheny Technologies (ATI) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2025-05-01 13:40
Allegheny Technologies (ATI) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24.14%. A quarter ago, it was expected that this maker of steel and specialty metals would post earnings of $0.60 per share when it actually produced earnings of $0.79, delivering a surprise of 31.67%.Over th ...