Allegheny Technologies Inc (ATI) Files 10-K for the Fiscal Year Ended on December 31, 2019

Author's Avatar
Feb 26, 2020
Article's Main Image

Allegheny Technologies Inc (ATI, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Allegheny Technologies Inc is a diversified specialty metals producer. Its products include titanium and titanium alloys, nickel-based alloys and specialty steels, precision forgings, castings and machined components, and zirconium. Allegheny Technologies Inc has a market cap of $2.34 billion; its shares were traded at around $18.59 with a P/E ratio of 10.05 and P/S ratio of 0.64. Allegheny Technologies Inc had annual average EBITDA growth of 45.00% over the past five years. GuruFocus has detected 1 severe warning sign with Allegheny Technologies Inc. .

For the last quarter Allegheny Technologies Inc reported a revenue of $1 billion, compared with the revenue of $1 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $4.1 billion, an increase of 1.9% from last year. For the complete 30-year financial data, please go here.. For the last five years Allegheny Technologies Inc had an average revenue growth rate of 0.7% a year.

The reported diluted earnings per share was $1.85 for the year, compared with the loss per share of $3.53 in the previous year. The Allegheny Technologies Inc had an operating margin of 8.99%, compared with the operating margin of 8.95% a year before. The 10-year historical median operating margin of Allegheny Technologies Inc is 5.55%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Allegheny Technologies Inc has the cash and cash equivalents of $490.8 million, compared with $382.0 million in the previous year. The long term debt was $1.4 billion, compared with $1.5 billion in the previous year. The interest coverage to the debt is 1.2, which is not a favorable level. Allegheny Technologies Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $18.59, Allegheny Technologies Inc is traded at 23.3% discount to its historical median P/S valuation band of $24.25. The P/S ratio of the stock is 0.64, while the historical median P/S ratio is 0.83. The stock lost 36.47% during the past 12 months.

For the complete 20-year historical financial data of ATI, click here.