Allegheny Technologies Incorporated (ATI) Company Bio
Allegheny Technologies offers a wide range of specialty materials solutions. Our major markets are aerospace and defense, oil and gas/chemical process industry, electrical energy, medical, automotive, food equipment and appliance, and construction and mining. The company was founded in 1960 and is based in Pittsburgh, Pennsylvania.
ATI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for ATI, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Allegheny Technologies Inc ranked in the 46th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Allegheny Technologies Inc ended up being:
The company's balance sheet shows it gets 54% of its capital from equity, and 46% of its capital from debt. Its equity weight surpasses that of merely 24.51% of free cash flow generating stocks in the Industrials sector.
Allegheny Technologies Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
Allegheny Technologies Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -2.55. This coverage rate is greater than that of just 16.6% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Allegheny Technologies Inc? See AZZ, OBCI, HUBB, LMT, and MIDD.
David E. Shaw discloses its 5% stakes in Allegheny Technologies (ATI), reflecting his direct beneficial ownership of 6,432,093 shares compared to previous 6,507,663 shares.His D.E. Shaw & Co. also maintains the same stake in ATI, effective the transaction date of Sept. 8, 2020.Stock up 2.09% AH...
David Elliot Shaw discloses its 5% stakes in Allegheny Technologies (ATI), reflecting his direct beneficial ownership of 6,432,093 shares compared to previous 6,507,663 shares.His D.E. Shaw & Co. also maintains the same stake in ATI, effective the transaction date of Sept. 8, 2020.Stock up 2.09% AH...
TSLA Tumbles After S&P 500 Shun Tyler Durden Fri, 09/04/2020 - 17:27 But, but, but… everyone was so certain!! S&P Dow Jones Indices have just issued a statement confirming new additions and deletions from their major indices. S&P Dow Jones Indices will make the following index adjustments to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 to ensure each index more appropriately represents its market capitalization range. The changes will be effective prior to the open of trading on Monday, September 21, 2020 to coincide with the September quarterly rebalance: S&P MidCap 400 constituents Etsy Inc. (NASD:ETSY), Teradyne Inc. (NASD:TER), and Catalent Inc. (NYSE:CTLT) will move to the S&P 500 , replacing H&R Block Inc. (NYSE:HRB) Coty Inc. (NYSE:COTY) and Kohl's Corp. (NYSE:KSS), all of wh...
The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]