Last $27.68 USD
Change Today +0.36 / 1.32%
Volume 132.9K
ATI On Other Exchanges
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Exchange
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As of 10:17 AM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

allegheny technologies inc (ATI) Snapshot

Open
$27.32
Previous Close
$27.32
Day High
$27.75
Day Low
$27.25
52 Week High
07/3/14 - $46.32
52 Week Low
01/16/15 - $27.12
Market Cap
3.0B
Average Volume 10 Days
1.6M
EPS TTM
$0.33
Shares Outstanding
108.7M
EX-Date
12/12/14
P/E TM
83.5x
Dividend
$0.72
Dividend Yield
2.60%
Current Stock Chart for ALLEGHENY TECHNOLOGIES INC (ATI)

allegheny technologies inc (ATI) Related Businessweek News

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allegheny technologies inc (ATI) Details

Allegheny Technologies Incorporated produces and sells specialty materials and components worldwide. The company operates through two segments, High Performance Materials and Components, and Flat-Rolled Products. The High Performance Materials and Components segment provides various high performance materials, including titanium and titanium-based alloys; nickel- and cobalt-based alloys and super alloys; zirconium and related alloys, such as hafnium and niobium; and advanced powder alloys and other specialty alloys primarily in long product forms of ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, plus precision forgings and castings, and machined parts. The Flat-Rolled Products segment offers stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys in various product forms comprising plates, sheets, engineered strips, and precision rolled strip products, as well as grain-oriented electrical steel sheets. The company serves aerospace and defense, oil and gas, chemical process, electrical energy, medical, automotive, food processing equipment and appliances, construction and mining, electronics, and communication equipment and computers industries. The company sells its products through direct sales and independent representatives. Allegheny Technologies Incorporated was founded in 1960 and is headquartered in Pittsburgh, Pennsylvania.

9,700 Employees
Last Reported Date: 01/20/15
Founded in 1960

allegheny technologies inc (ATI) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $954.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $275.8K
Executive Vice President of High Performance ...
Total Annual Compensation: $449.3K
Executive Vice President of High Performance ...
Total Annual Compensation: $436.4K
Compensation as of Fiscal Year 2013.

allegheny technologies inc (ATI) Key Developments

Allegheny Technologies Seeks Acquisitions

Rich Harshman, Vice President of Allegheny Technologies Inc. (NYSE:ATI) said in an earnings call for the fourth quarter of 2014 that there are acquisition probabilities in the future. Rich Harshman further said, "there are certainly acquisition ideas and opportunities that are more bolt on and expansive of our strategy to continue to move forward into a parts and components using the alloy systems that we know very well and that we're technical leaders in. So those opportunities are out there, quite frankly some of them are small. Some of them are -- and we'll look at those from the standpoint of do they fit us strategically? Are they good assets? Is it a good technology? Is the cost structure acceptable? And is it accretive to our shareholders?".

Allegheny Technologies Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Financial Guidance for the Year 2015

Allegheny Technologies Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported sales were $1,047.5 million against $915.3 million a year ago. Income from continuing operations before income taxes was $26.8 million against loss from continuing operations before income taxes of $140.8 million a year ago. Income from continuing operations was $23.1 million against loss from continuing operations of $81.6 million a year ago. Net income was $25.3 million against $175.6 million a year ago. Net income attributable to the company was $22.1 million or $0.20 per diluted share against $173.4 million or $1.62 per diluted share a year ago. Income from continuing operations attributable to ATI was $19.9 million or $0.18 per diluted share against loss from continuing operations attributable to ATI of $83.8 million or $0.79 per diluted share a year ago. Fourth quarter 2014 results include $25.5 million of pre-tax curtailment and settlement gains from postretirement benefit changes, and $17.7 million of pre-tax Hot-Rolling and Processing Facility (HRPF) start-up costs and costs related to the Rowley titanium sponge facility Premium Quality (PQ) qualification process. Fourth quarter 2014 pre-tax results also included net inventory valuation reserve benefits of $13.2 million. Adjusted income before tax was $5.8 million in the fourth quarter. For the year, the company reported sales were $4,223.4 million against $4,043.5 million a year ago. Income from continuing operations before income taxes was $1.5 million against loss from continuing operations before income taxes of $154.8 million a year ago. Income from continuing operations was $10.2 million against loss from continuing operations of $91.2 million a year ago. Net income was $9.6 million against $161.6 million a year ago. Net loss attributable to the company was $2.6 million or $0.03 per diluted share against $154.0 million or $1.44 per diluted share a year ago. Cash provided by operating activities was $55.9 million against $368.4 million a year ago. Purchases of property, plant and equipment was $225.7 million against $612.7 million a year ago. Net debt was $1,257.4 million against $920.5 million a year ago. Loss from continuing operations attributable to ATI was $2.0 million or $0.02 per diluted share against $98.8 million or $0.93 per diluted share a year ago. Full year 2014 results were impacted by $63.1 million of HRPF start-up costs and costs related to the Rowley titanium sponge facility PQ qualification process. The company currently expects 2015 capital expenditures to be approximately $290 million, approximately 50% of which is primarily related to the completion of payments associated with the HRPF project. Depreciation and amortization expense in 2015 is forecasted to be approximately $196 million.

Allegheny Technologies Inc. to Report Q4, 2014 Results on Jan 20, 2015

Allegheny Technologies Inc. announced that they will report Q4, 2014 results at 8:30 AM, US Eastern Standard Time on Jan 20, 2015

 

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ATI

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Price/Earnings NM Not Meaningful
Price/Sales 0.7x
Price/Book 1.1x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.2x
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