Allegheny Technologies

ATI, Inc. engages in the manufacture of specialty materials and components. It operates through the High Performance Materials and Components (HPMC) and Advanced Alloys & Solutions (AA&S) segments. The HPMC segment consists of the production of materials, parts, and components for aerospace and defense, medical, and energy markets. The Advanced Alloys & Solutions (AA&S) segment includes the production of nickel-based alloys, specialty alloys, titanium and titanium-based alloys, and stainless steel. The company was founded on August 15, 1996 and is headquartered in Dallas, TX.

Earnings data Q4 2023

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Allegheny Technologies (ATI) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Here is Why Growth Investors Should Buy Allegheny Technologies (ATI) Now

Does Allegheny Technologies (ATI) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Momentum Investors Will Love Allegheny Technologies (ATI)

PITTSBURGH, March 9, 2022 /PRNewswire/ -- Today, ATI (NYSE: ATI) announced the termination of Uniti, LLC, its joint venture with Russian-based VSMPO-AVISMA (Verkhnaya Salda Metallurgical Production Association - Berezniki Titanium-Magnesium Works) to market and sell a range of commercially pure titanium products. The joint venture primarily focused on selling to industrial markets such as power generation, chemical and petroleum processing, automotive, and transportation.

ATI Announces Termination of Joint Venture with Russian-Based VSMPO

Allegheny Technologies (ATI) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Is Allegheny Technologies (ATI) Stock a Solid Choice Right Now?

Allegheny Technologies (ATI) reported earnings 30 days ago. What's next for the stock?

Why Is Allegheny Technologies (ATI) Up 16.5% Since Last Earnings Report?

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Allegheny Technologies (ATI) could produce exceptional returns because of its solid growth attributes.

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PITTSBURGH, Feb. 17, 2022 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) conducted an investor event earlier today, covering a broad array of strategic topics and providing long-term financial targets. The company's leadership shared their expectations for ATI in several key areas: Revenue growth should outpace growth rates in key end-markets.

ATI Accelerating Strategy to Become an Aerospace & Defense Materials Leader

Allegheny Technologies (ATI) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Here's Why "Trend" Investors Would Love Betting on Allegheny Technologies (ATI)

JPMorgan analyst Seth Seifman  raised the price target on Allegheny Technologies Inc  ATI to $26 (an upside of 15.7%) from $23 and reiterated an Overweight rating on the shares post the Q4 results. Seifman mentions Allegheny's operational results surprised to the upside, with HPMC margins exceeding pre-COVID levels.

JPMorgan Bumps Up Allegheny Price Target Post Q4 Results

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Allegheny's (ATI) fourth-quarter results benefit from strong sales in the HPMC unit, improved mix and cost-reduction measures.

Allegheny (ATI) Earnings and Revenues Beat Estimates in Q4

Allegheny Technologies Incorporated (ATI) CEO Robert Wetherbee on Q4 2021 Results - Earnings Call Transcript

Allegheny Technologies Inc  ATI reported fourth-quarter sales growth of 16.3% year-over-year to $765.4 million, beating the consensus of $728.66 million. High-Performance Materials & Components sales increased 41.1% Y/Y to $313.6 million, reflecting higher sales across nearly all end markets, led by commercial jet engines.

Allegheny Stock Surges As Q4 Results Top Street View; Plans $150M Buyback

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Allegheny Technologies (ATI) delivered earnings and revenue surprises of 127.27% and 4.28%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Allegheny Technologies (ATI) Q4 Earnings and Revenues Top Estimates

PITTSBURGH, Feb. 2, 2022 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) announced that its board of directors has authorized the repurchase of up to $150 million of its outstanding common stock. Repurchases under the program may be made in the open market or in privately negotiated transactions, with the amount and timing of repurchases depending on market conditions and corporate needs.

ATI Board of Directors Authorizes $150 Million Share Repurchase

PITTSBURGH, Feb. 2, 2022 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) reported fourth quarter 2021 results, with sales of $765.4 million and a net loss attributable to ATI of $29.8 million, or $(0.23) per share. Adjusted earnings were $0.25 per share, and adjusted EBITDA was $94.7 million, or 12.4% of sales.

ATI Announces Fourth Quarter 2021 Results

PITTSBURGH, Jan. 19, 2022 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) will host a virtual Investor Day from 10:00 AM to 1:00 PM ET on Thursday, February 17, 2022. Topics covered will include ATI's strategy, markets, operations, and long-term financial outlook.

ATI to Host Virtual Investor Day on February 17, 2022

Cowen analyst Gautam Khanna upgraded Allegheny Technologies Inc (NYSE:ATI) to Outperform from Market Perform and raised the price target to $23 (an upside of 19%) from $22. Khanna states that the Aerospace production "should see better days" in 2022 as de-stocking is over, A320/737Max rate hikes will occur, 787 deliveries should resume in the first half of the year, and travel passengers adapt to an endemic COVID world.

Cowen Upgrades Allegheny To Outperform, Sees Sharp Upside

PITTSBURGH, Jan. 6, 2022 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Wednesday, February 2, 2022 at 10:30 a.m. ET.  The conference call will be conducted after the Company's planned release of fourth quarter and full-year results.

News for Allegheny Technologies Stock (ATI)