Allegheny Technologies (ATI) stock dropped 2.98% compared to 0.03% market loss
From Nasdaq: 2025-06-18 18:00:00
In the latest trading session, Allegheny Technologies (ATI) saw a 2.98% decrease, closing at $82.18, underperforming the S&P 500’s 0.03% loss. Over the past month, ATI gained 11.21%, surpassing the Basic Materials sector’s 3.05% gain and the S&P 500’s 0.6% gain.
Analysts anticipate Allegheny Technologies to report earnings of $0.7 per share, a 16.67% increase year-over-year, with revenue projected at $1.14 billion, a 3.76% rise. For the fiscal year, estimates predict earnings of $3.01 per share and revenue of $4.63 billion, up 22.36% and 6.15% respectively.
Allegheny Technologies currently holds a Zacks Rank of #2 (Buy) and is trading at a Forward P/E ratio of 28.18, indicating a premium compared to the industry average of 17.63. The PEG ratio stands at 1.19, slightly higher than the industry average of 1.18, with a Zacks Industry Rank of 59 in the top 24% of all industries.
Read more at Nasdaq: Allegheny Technologies (ATI) Suffers a Larger Drop Than the General Market: Key Insights