Is Allegheny Technologies Stock a Good Investment?
Allegheny Technologies Investment Advice | ATI |
- Examine Allegheny Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Allegheny Technologies' leadership team and their track record. Good management can help Allegheny Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Stock space and any emerging trends that could impact Allegheny Technologies' business and its evolving consumer preferences.
- Compare Allegheny Technologies' performance and market position to its competitors. Analyze how Allegheny Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Allegheny Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Allegheny Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Allegheny Technologies Incorporated stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Allegheny Technologies Incorporated is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Allegheny Technologies Stock
Researching Allegheny Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 98.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.2. Allegheny Technologies last dividend was issued on the 16th of August 2016. The entity had 1:2 split on the 30th of November 1999.
To determine if Allegheny Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Allegheny Technologies' research are outlined below:
| Over 98.0% of the company shares are held by institutions such as insurance companies |
Allegheny Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Allegheny Technologies Incorporated. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Allegheny Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Allegheny Technologies' market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 13.73 B.Allegheny Technologies' profitablity analysis
The company has Net Profit Margin of 0.1 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.15 %, which entails that for every 100 dollars of revenue, it generated $0.15 of operating income.Determining Allegheny Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Allegheny Technologies is a good buy. For example, gross profit margin measures Allegheny Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Allegheny Technologies' profitability and make more informed investment decisions.
Basic technical analysis of Allegheny Stock
As of the 9th of December, Allegheny Technologies shows the Mean Deviation of 1.79, downside deviation of 1.74, and Risk Adjusted Performance of 0.1326. Allegheny Technologies technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Allegheny Technologies' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Allegheny Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Allegheny Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Allegheny Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Allegheny Technologies' Outstanding Corporate Bonds
Allegheny Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Allegheny Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Allegheny bonds can be classified according to their maturity, which is the date when Allegheny Technologies Incorporated has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| ALLE 5411 01 JUL 32 Corp BondUS01748TAC53 | View | |
| Allegion 35 percent Corp BondUS01748TAB70 | View | |
| ALGT 725 15 AUG 27 Corp BondUS01748XAD49 | View | |
| US01741RAL69 Corp BondUS01741RAL69 | View | |
| US01741RAM43 Corp BondUS01741RAM43 | View | |
| Allegheny Technologies 5875 Corp BondUS01741RAH57 | View | |
| ALLEGION HLDG INC Corp BondUS01748NAE40 | View |
Understand Allegheny Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Allegheny Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1326 | |||
| Market Risk Adjusted Performance | 0.3495 | |||
| Mean Deviation | 1.79 | |||
| Semi Deviation | 1.46 | |||
| Downside Deviation | 1.74 | |||
| Coefficient Of Variation | 550.83 | |||
| Standard Deviation | 2.45 | |||
| Variance | 6.01 | |||
| Information Ratio | 0.1534 | |||
| Jensen Alpha | 0.3594 | |||
| Total Risk Alpha | 0.2258 | |||
| Sortino Ratio | 0.2164 | |||
| Treynor Ratio | 0.3395 | |||
| Maximum Drawdown | 12.38 | |||
| Value At Risk | (2.63) | |||
| Potential Upside | 4.54 | |||
| Downside Variance | 3.02 | |||
| Semi Variance | 2.13 | |||
| Expected Short fall | (2.27) | |||
| Skewness | 1.19 | |||
| Kurtosis | 2.43 |
| Risk Adjusted Performance | 0.1326 | |||
| Market Risk Adjusted Performance | 0.3495 | |||
| Mean Deviation | 1.79 | |||
| Semi Deviation | 1.46 | |||
| Downside Deviation | 1.74 | |||
| Coefficient Of Variation | 550.83 | |||
| Standard Deviation | 2.45 | |||
| Variance | 6.01 | |||
| Information Ratio | 0.1534 | |||
| Jensen Alpha | 0.3594 | |||
| Total Risk Alpha | 0.2258 | |||
| Sortino Ratio | 0.2164 | |||
| Treynor Ratio | 0.3395 | |||
| Maximum Drawdown | 12.38 | |||
| Value At Risk | (2.63) | |||
| Potential Upside | 4.54 | |||
| Downside Variance | 3.02 | |||
| Semi Variance | 2.13 | |||
| Expected Short fall | (2.27) | |||
| Skewness | 1.19 | |||
| Kurtosis | 2.43 |
Consider Allegheny Technologies' intraday indicators
Allegheny Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Allegheny Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Allegheny Technologies time-series forecasting models is one of many Allegheny Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Allegheny Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Allegheny Stock media impact
There is far too much social signal, news, headlines, and media speculation about Allegheny Technologies that are available to investors today. This information is accessible both publicly - through Allegheny Technologies' media outlets and privately, via word of mouth or internal channels. However, regardless of the source, the sheer volume of Allegheny-related data is difficult to distill into actionable insights, especially for investors who are not well-versed in the rapidly evolving tools and techniques of investment management.
A primary focus of Allegheny Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Allegheny Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Allegheny Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Allegheny Technologies alpha.
Allegheny Technologies Corporate Directors
| John Pipski | Independent Director | Profile | |
| Marianne Kah | Independent Director | Profile | |
| Carolyn Corvi | Independent Director | Profile | |
| Herbert Carlisle | Independent Director | Profile |
Already Invested in Allegheny Technologies Incorporated?
The danger of trading Allegheny Technologies Incorporated is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Allegheny Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Allegheny Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Allegheny Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Allegheny Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Allegheny Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Allegheny Technologies Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Allegheny Technologies Incorporated Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegheny Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Stock space 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.
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.
In summary, please note that there is a difference between Allegheny Technologies' value and its price, as these two are different measures arrived at by various 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.