Allegheny Technologies Incorporated (NYSE:ATI) registered a -0.09% decrease, still its new closing price is 173.06% up from the company’s 1 year high of 23.69.It posted 0.47% gains in previous 5 sessions and is now the subject of 5 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 1 buy or better ratings. The shares moved at $21.60, implying that brokerage firms see shares gaining about 143.66% in twelve months time.
Allegheny Technologies Incorporated (ATI) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 35.59% rise year to date. A Senior VP, CHRO at Allegheny Technologies Incorporated (ATI) acquired shares in a transaction closed on Wednesday December 16, 2015. Powers Elizabeth C bought 5,000 shares in the company at $10.43 each and collected $52,000 in proceeds. Powers Elizabeth C now owns 34,608 shares in the company after this transaction. A Senior VP, CHRO in the company, Powers Elizabeth C, disclosed a transaction on Tuesday December 15, 2015 that ended up paying $50,000 from the purchase of 4,660 shares at $10.77 per share.
Allegheny Technologies Incorporated (NYSE:ATI) Upcoming Results on Tap
Allegheny Technologies Incorporated will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.13 in that period. Sales during the quarter are predicted to arrive at $843.37 million.
Earnings surprise history: Last quarter, the company posted approximately $796.1 million in revenue and EPS of $-0.04. The mean forecast was for $803.62 million and $-0.11 a share, respectively. One quarter earlier, revenue for the stock was at $770.5 million, with earnings at $-0.21/share.
Allegheny Technologies Incorporated (ATI) Brokerage Update
Allegheny Technologies Incorporated (ATI) is in Berenberg’s research list so their analyst rating change is noteworthy. These shares were downgraded to Sell from Hold by Berenberg, according to news reported on Thursday February 02, 2017.Another important research note was issued by BofA/Merrill on Friday January 20, 2017.The firm downgraded ATI to Underperform from Buy. Over the last six months and over the last three months, the shares of Allegheny Technologies Incorporated (ATI), have changed 22.79% and 61.56%, respectively.