Allegheny Technologies Inc (ATI) Stock Forecast & Predictions

Allegheny Technologies Inc ATI: $20

1000 Six Ppg Place, Pittsburgh, Pennsylvania, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.atimetals.com

  • Market Cap$2.54B
  • Change (52 Weeks)10.38%
  • Low (52 Weeks)$13.85
  • Allegheny Technologies Inc (ATI) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Allegheny Technologies Inc (ATI) is based on 14 Institutional Analyst Ratings where 57.14% are on Strong Buy, 14.29% on Moderate Buy, 28.57% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 14 Institutional Analysts, majority recommended ATI stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Allegheny Technologies Inc.

    Allegheny Technologies Inc (ATI) Stock Price Prediction By Analysts


    HighLowAverage
    $31.50$18.18$24.71
    $24.7123.53% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for ATI set by the institutional analysts is $24.71 where High Estimate is $31.50, Median $23.46 and Low $18.18.

    The average price target for ATI by Institutional Analysts is $24.71, which is 23.53% Upside from the current price. So according to the Institutional Analysts, ATI Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Allegheny Technologies Inc (ATI) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Cowen & Co.OutperformUpgraded
    BerenbergBuyUpgraded
    KeybancOverweightMaintained
    Wolfe ResearchPeer PerformInitiated
    JP MorganOverweightUpgraded
    KeybancOverweightMaintained
    B of A SecuritiesNeutralUpgraded
    KeybancOverweightMaintained
    BarclaysOverweightUpgraded
    Seaport GlobalBuyInitiated
    KeyBancOverweightMaintained
    BenchmarkBuyUpgraded
    BarclaysEqual-WeightUpgraded
    Cowen & Co.Market PerformDowngraded
    B of A SecuritiesUnderperformDowngraded
    JP MorganNeutralMaintained
    KeyBancOverweightMaintained
    BarclaysUnderweightDowngraded
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    CFRABuyMaintained
    KeyBancOverweightMaintained
    BenchmarkHoldInitiated
    BerenbergHoldDowngraded
    BarclaysEqual-WeightDowngraded
    Longbow ResearchUnderperformDowngraded
    KeyBancOverweightMaintained
    Goldman SachsBuyUpgraded
    BuckinghamNeutralMaintained
    Longbow ResearchNeutralDowngraded
    Buckingham ResearchNeutralDowngraded
    BuckinghamNeutralDowngraded
    KeyBancOverweightMaintained
    BuckinghamBuyMaintained
    MacquarieNeutralDowngraded
    MacquarieOutperformInitiated
    BerenbergBuyInitiated
    Longbow ResearchBuyUpgraded
    JP MorganNeutralUpgraded
    BuckinghamBuyMaintained
    BarclaysOverweightMaintained
    KeyBancOverweightMaintained
    Bank of AmericaBuyMaintained
    Stephens & Co.OverweightInitiated
    Longbow ResearchNeutralDowngraded
    JP MorganUnderweightDowngraded
    Goldman SachsNeutralUpgraded
    BarclaysOverweightMaintained
    BarclaysOverweightInitiated
    Goldman SachsSellInitiated
    Bank of AmericaBuyUpgraded
    BuckinghamBuyMaintained
    JP MorganNeutralMaintained
    Bank of AmericaNeutralDowngraded
    Cowen & Co.OutperformUpgraded
    Bank of AmericaBuyUpgraded
    JP MorganNeutralUpgraded
    BerenbergHoldUpgraded
    Longbow ResearchBuyInitiated
    Seaport GlobalBuyUpgraded
    BerenbergSellDowngraded
    Bank of AmericaUnderperformDowngraded
    Seaport GlobalBuyInitiated
    Deutsche BankBuyUpgraded
    Bank of AmericaBuyUpgraded
    Cowen & Co.Market PerformInitiated
    BerenbergHoldInitiated
    Buckingham ResearchBuyMaintained
    Deutsche BankHoldMaintained
    Deutsche BankHoldDowngraded
    Deutsche BankBuyUpgraded
    Stifel NicolausBuyMaintained
    Cowen & Co.Market PerformMaintained
    Deutsche BankHoldMaintained
    Buckingham ResearchBuyMaintained
    KeyBancHoldDowngraded
    JP MorganUnderweightMaintained
    Northcoast ResearchBuyInitiated
    Deutsche BankHoldMaintained
    KeyBancBuyMaintained
    KeyBancBuyMaintained
    JP MorganUnderweightMaintained
    Deutsche BankHoldMaintained
    JP MorganUnderweightMaintained
    Sterne AgeeNeutralUpgraded
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformUpgraded
    Deutsche BankHoldDowngraded
    Buckingham ResearchBuyUpgraded
    Sterne AgeeUnderperformInitiated
    DavenportNeutralDowngraded
    TopekaHoldDowngraded
    JP MorganUnderweightMaintained
    Credit SuisseNeutralInitiated
    JP MorganUnderweightMaintained
    CitigroupBuyMaintained
    JP MorganUnderweightMaintained
    Buckingham ResearchNeutralDowngraded
    JP MorganUnderperformDowngraded
    TopekaBuyInitiated
    Longbow ResearchNeutralDowngraded
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    Longbow ResearchBuyInitiated
    Cowen & Co.NeutralDowngraded
    Bank of AmericaBuyMaintained
    JP MorganOverweightMaintained
    CitigroupBuyUpgraded

    Allegheny Technologies Inc (ATI) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.115
    The average consensus EPS for ATI is $0.115 with a high estimate of $0.158 and Low of $0.078 for the period 2022-03-31 and based on 6 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.05$-0.02022021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.11952021-12-31
    $0.05$-0.02022021-09-30
    $-0.12$-0.19952021-06-30
    $-0.06$-0.24492021-03-31
    $-0.33$-0.36092020-12-31
    $-0.38$-0.60312020-09-30
    $-0.02$-0.11782020-06-30
    $0.2$0.10272020-03-31
    $0.36$0.32222019-12-31
    $0.33$0.32632019-09-30
    $0.4$0.34212019-06-30
    $0.12$0.11652019-03-31
    $0.31$0.3482018-12-31
    $0.37$0.39392018-09-30
    $0.52$0.36272018-06-30
    $0.32$0.24342018-03-31
    $0.27$0.09852017-12-31
    $-0.07$-0.06572017-09-30
    $0.09$0.07322017-06-30
    $0.16$0.11362017-03-31
    $-0.04$-0.11492016-12-31
    $-0.21$-0.10232016-09-30
    $-0.21$-0.3782016-06-30
    $-0.58$-0.5672016-03-31
    $-0.56$-0.47972015-12-31
    $-0.29$-0.36742015-09-30
    $-0.15$0.03912015-06-30
    $0.09$0.10322015-03-31
    $0.18$-0.00392014-12-31
    $0$-0.05222014-09-30
    $-0.03$0.00632014-06-30
    $-0.17$-0.0662014-03-31
    $-0.08$-0.19562013-12-31
    $-0.27$-0.26152013-09-30
    $0.04$0.1022013-06-30
    $0.07$0.09092013-03-31
    $0.18$0.14562012-12-31
    $0.32$0.39642012-09-30
    $0.5$0.54142012-06-30
    $0.56$0.49832012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).