Allegheny Technologies (ATI) stock closed at $56.50, up 0.87%, with positive financial predictions.

From Nasdaq: 2024-12-13 18:00:07

In the recent trading session, Allegheny Technologies (ATI) closed at $56.50, up by 0.87%. The Dow fell by 0.2%, while the Nasdaq gained 0.12%. ATI’s stock has dropped by 0.32% in the past month, outperforming the Basic Materials sector but lagging behind the S&P 500.

For Allegheny Technologies’ financial results, analysts predict an EPS of $0.64 and revenue of $1.09 billion, both showing slight increases. The Zacks Consensus Estimates for the full year forecast earnings of $2.35 per share and revenue of $4.31 billion, with a current Zacks Rank of #4 (Sell).

ATI’s valuation includes a Forward P/E ratio of 23.84, in line with its industry average. The company’s PEG ratio is 1.87, compared to the industry average of 1.68. The Steel – Speciality industry, part of the Basic Materials sector, is ranked in the top 31% of all industries by Zacks Industry Rank.



Read more at Nasdaq: Allegheny Technologies (ATI) Stock Moves 0.87%: What You Should Know