ATI Stock Analysis: Allegheny Technologies | NYSE
Metal Fabrication | NYSE, USA | Market Cap: 21.362m USD | 12M Return: 67.8% | US01741R1023 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 256M
EPS Trend: 96.4%
Qual. Beats: 4
Rev. Trend: 98.4%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
ATI Inc. is a global producer of specialty materials and complex components, operating through two segments: High Performance Materials & Components, and Advanced Alloys & Solutions. Its portfolio includes titanium and titanium-based alloys, nickel- and cobalt-based superalloys, advanced powder alloys, zirconium and related alloys (including hafnium and niobium), and specialty metals supplied in long product forms such as ingot, billet, bar, rod, wire, and seamless tubes, as well as plate, sheet, and precision rolled strip. The company also produces precision forgings, machined components, and provides hot-rolling conversion services for carbon steel products. ATI serves a diverse set of end markets, including aerospace and defense, medical, energy, oil and gas, automotive, construction and mining, transportation, and food equipment and appliances. Founded in 1996 and headquartered in Dallas, Texas, ATI was formerly known as Allegheny Technologies Incorporated and trades on the NYSE under the ticker ATI.
The company is classified within the GICS Aerospace & Defense sub-industry, reflecting the central role of titanium and nickel-based superalloys in jet engine and airframe production. Aerospace and defense is generally a long-cycle, certification-driven industry where suppliers benefit from high barriers to entry due to stringent material qualification requirements. ATIs specialty metals also support medical, energy, and industrial applications, giving it a diversified revenue base beyond its largest end market.
- Commercial aerospace recovery accelerates jet engine component shipments
- Defense spending growth boosts specialty alloys and forgings demand
- Nickel and titanium raw material costs pressure product margins
| Net Income: 475.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 4.48 > 1.0 |
| NWC/Revenue: 39.67% < 20% (prev 36.15%; Δ 3.52% < -1%) |
| CFO/TA 0.14 > 3% & CFO 805.3m > Net Income 475.8m |
| Net Debt (1.41b) to EBITDA (914.5m): 1.54 < 3 |
| Current Ratio: 2.33 > 1.5 & < 3 |
| Outstanding Shares: last quarter (136.0m) vs 12m ago -4.94% < -2% |
| Gross Margin: 23.35% > 18% (prev 21.37%; Δ 1.98% > 0.5%) |
| Asset Turnover: 87.64% > 50% (prev 89.80%; Δ -2.15% > 0%) |
| Interest Coverage Ratio: 7.10 > 6 (EBIT TTM 694.8m / Interest Expense TTM 97.8m) |
| A: 0.33 (Total Current Assets 3.28b - Total Current Liabilities 1.41b) / Total Assets 5.74b |
| B: 0.13 (Retained Earnings 738.5m / Total Assets 5.74b) |
| C: 0.13 (EBIT TTM 694.8m / Avg Total Assets 5.38b) |
| D: 0.50 (Book Value of Equity 1.88b / Total Liabilities 3.74b) |
| Altman-Z'' = 3.95 = AA |
| DSRI: 0.71 (Receivables 646.6m/874.3m, Revenue 4.72b/4.51b) |
| GMI: 0.92 (GM 21.37% / 23.35%) |
| AQI: 0.84 (AQ_t 0.08 / AQ_t-1 0.10) |
| SGI: 1.05 (Revenue 4.72b / 4.51b) |
| TATA: -0.06 (NI 475.8m - CFO 805.3m) / TA 5.74b) |
| Beneish M = -3.41 (Cap -4..+1) = AA |
As of October 29, 2026, the stock is trading at USD 165.30 with a total of 2,019,760 shares traded. Over the past week, the price has changed by -8.52%, over one month by -8.51%, over three months by -11.60% and over the past year by +67.77%.
Current recommended Stop Loss: 146.00 (which is 11.7% or 2.2 ATR below the current price).
Allegheny Technologies has received a consensus analysts rating of 4.89. Therefore, it is recommended to buy ATI.
- StrongBuy: 8
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 248.9 | 50.6% |
P/E Trailing = 46.0059
P/E Forward = 29.6736
P/S = 4.5305
P/B = 13.7607
P/EG = 1.1952
Revenue TTM = 4.72b USD
EBIT TTM = 694.8m USD
EBITDA TTM = 914.5m USD
Long Term Debt = 1.81b USD (from longTermDebt, last quarter)
Short Term Debt = 383.6m USD (from shortTermDebt, last quarter)
Debt = 2.19b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.41b USD (calculated: Debt 2.19b - CCE 783.0m)
Enterprise Value = 22.8b USD (21.4b + Debt 2.19b - CCE 783.0m)
Interest Coverage Ratio = 7.10 (Ebit TTM 694.8m / Interest Expense TTM 97.8m)
EV/FCF = 43.27x (Enterprise Value 22.8b / FCF TTM 526.3m)
FCF Yield = 2.31% (FCF TTM 526.3m / Enterprise Value 22.8b)
FCF Margin = 11.16% (FCF TTM 526.3m / Revenue TTM 4.72b)
Net Margin = 10.09% (Net Income TTM 475.8m / Revenue TTM 4.72b)
Gross Margin = 23.35% ((Revenue TTM 4.72b - Cost of Revenue TTM 3.61b) / Revenue TTM)
Gross Margin QoQ = 24.57% (prev 22.83%)
Tobins Q-Ratio = 3.97 (Enterprise Value 22.8b / Total Assets 5.74b)
Interest Expense / Debt = 4.46% (Interest Expense 97.8m / Debt 2.19b)
Taxrate = 18.11% (108.1m / 597.0m)
NOPAT = 569.0m (EBIT 694.8m * (1 - 18.11%))
Current Ratio = 2.33 (Total Current Assets 3.28b / Total Current Liabilities 1.41b)
Debt / Equity = 1.17 (Debt 2.19b / totalStockholderEquity, last quarter 1.88b)
Debt / EBITDA = 1.54 (Net Debt 1.41b / EBITDA 914.5m)
Debt / FCF = 2.68 (Net Debt 1.41b / FCF TTM 526.3m)
Total Stockholder Equity = 1.79b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.84% (Net Income 475.8m / Total Assets 5.74b)
RoE = 26.59% (Net Income TTM 475.8m / Total Stockholder Equity 1.79b)
RoCE = 19.31% (EBIT 694.8m / Capital Employed (Equity 1.79b + L.T.Debt 1.81b))
RoIC = 12.71% (NOPAT 569.0m / Invested Capital 4.48b)
WACC = 11.32% (E(21.4b)/V(23.6b) * Re(12.11%) + D(2.19b)/V(23.6b) * Rd(4.46%) * (1-Tc(0.18)))
Discount Rate = 12.11% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -97.38 | Cagr: -3.53%
[DCF] Terminal Value 68.98% ; FCFF base≈409.9m ; Y1≈469.9m ; Y5≈691.6m
[DCF] Fair Price = 39.68 (EV 6.81b - Net Debt 1.41b = Equity 5.40b / Shares 136.2m; r=11.32% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 96.41 | EPS CAGR: 24.28% | SUE: 2.42 | # QB: 4
Revenue Correlation: 98.44 | Revenue CAGR: 5.17% | SUE: 0.77 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.37 | Chg30d=+0.15% | Revisions=+62% | Analysts=8
EPS current Year (2026-12-31): EPS=5.13 | Chg30d=+0.19% | Revisions=+73% | GrowthEPS=+58.2% | GrowthRev=+12.2%
EPS next Year (2027-12-31): EPS=6.39 | Chg30d=+0.21% | Revisions=+73% | GrowthEPS=+24.6% | GrowthRev=+9.9%
[Analyst] Revisions Ratio: +88% (up=21, down=0)