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Is Allegheny Technologies Inc. (NYSE: ATI) a moving target?

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We are going to take a deep look at Allegheny Technologies Inc. (NYSE: ATI) to get a better view of the company and its prevailing status, as well as the prospect it may offer for investors. Today’s prime focus will be a fundamental assessment of the equity from top to bottom.

As such, let’s begin with the top line, i.e. revenue trends. Last quarter, the firm saw its overall revenue come at $880.2M. That represents a change in revenues, on a quarterly/yearly basis, of 0.08%. If it is translated into sequential terms, the firm witnessed sales grow by 0.02% from quarter to quarter.

It’s important to track the top line data. There’s no better way to compute the end market’s reception of a firms products. But no one wins without bottom line performance, which is what is required to look at next. Allegheny Technologies Inc. (NYSE: ATI) is intriguing when segregated to its core data. The cost of selling goods in preceding quarter was $766.3M, resulting in a gross basic income of $113.9M. For shareholders, provided the total diluted due shares of 128.3M, this means earnings per share of $0.09. Note, this assesses with a consensus analyst projection of $0.19 in EPS for its next quarterly report.

Given that data, now is the time to turn to a thorough glance across analyst projections for the firm going forward. At present, analysts have a consensus average recommendation of Overweight. This is grounded on a total of 10 analyst. While we don’t recommend taking analyst calls as face value strategies for action in a portfolio, we do consider it is vital to note where consensus is on an equity to understand what basic assumptions are possibly already discounted into the pricing of shares. As far as price targets, market analysts have an average target of $22.38. In addition, for next year, estimates of a fiscal year forecast is 1.16 in total EPS. On a median price to earnings ratio, that outlook results in a valuation of $19.97 times earnings.

For Allegheny Technologies Inc. (NYSE: ATI), the firm presently holds around $154.6M in cash. That cash is balanced against around $67.5M in total current liabilities. The firm’s debt is $falling, while total assets are $5.19B balanced by total liablities of $3.67B. The free cash flow last quarter was $(5.8M), representing a net change in cash of $(5.2M). On a net operating level, the cash flow was about $24.7M.

Let’s take a look at the technical analysis. The Barchart Technical Opinion rating is a 80% Buy with a Average short term outlook on maintaining the current direction. Longer term, the trend strength is Maximum. Long term indicators fully support a continuation of the trend.

We will apprise the interesting story of Allegheny Technologies Inc. (NYSE: ATI) as new events transpire.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of argusjournal.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please click HERE

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Why Hub Group, Inc. (HUBG) could blow up your portfolio

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Stock of Hub Group, Inc. (HUBG) opened today at $39.60 and are currently trading at $41.55 x 300. More than 136 shares have exchanged hands compared to an average daily volume of 365,484 shares. At the current pps, the market capitalization stands at 1.35B. Analyst are currently predicting a target of $43.71 for Hub Group, Inc.

Investors try to use stocks with high beta values to quickly recoup their investments after sharp market losses. Hub Group, Inc. (HUBG) currently has a Beta value of 1.96. Beta is a measurement of a stock’s price fluctuations, which is often called volatility and is used by investors to gauge how quickly a stock’s price will rise or fall. A stock with a beta of greater than 1.0 is riskier and has greater price fluctuations, while stocks with beta values of less than 1.0 are steadier and generally larger companies. Beta is often measured against the S&P; 500 index. An S&P; 500 stock with a beta of 2.0 produced a 20 percent increase in returns during a period of time when the S&P; 500 Index grew only 10 percent. This same measurement also means the stock would lose 20 percent when the market dropped by only 10 percent.

Next, let’s take a look at Hub Group, Inc current P/E ratio. Hub Group, Inc. (HUBG) currently has a PE ratio of 23.59. PE ratio is an important parameter to look at when trading a stock mostly because it is easy to calculate. There are a couple of ways to calculate PE ratio either by dividing share price by earnings per share or dividing the market cap by net income. It is important to note that the earnings are usually taken from the trailing twelve months (TTM). Nevertheless, P/E tells us how much an investor is willing to pay for $1 of a company’s earnings. The long-term average P/E is around 15, so on average, investors are willing to pay $15 for every dollar of earnings. Another useful way to look at this: Turn the P/E ratio around to look at the E/P ratio, which when expressed as a percentage gives us the earnings yield. For instance: 1/15 gives us an earnings yield of 6.67%.

While we have already looked at Hub Group, Inc beta and P/E ratio, the EPS cannot be ignored. Hub Group, Inc EPS for the trailing twelve months was 1.68. Traders and investors often use earnings per share (TTM) to determine a company’s profitability for the past year. So in essence, EPS is the amount of a company’s net income per share of common stock. Earnings per share equal the company’s net income less any dividends paid on preferred stock divided by the weighted average number of common stock shares outstanding during the year. Hub Group, Inc is estimated to release its next earnings report on Oct 26, 2017. It would be interesting to see how the earnings fair out considering the recent developments.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of argusjournal.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please click HERE

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Tribune Media Company (TRCO) finding value is an unloved sector

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Stock of Tribune Media Company (TRCO) opened today at $40.550 and are currently trading at $43.490 x 300. More than 950,907 shares have exchanged hands compared to an average daily volume of 1,089,460 shares. At the current pps, the market capitalization stands at 3.54B. Analyst are currently predicting a target of $42.75 for Tribune Media Company (TRCO).

Investors try to use stocks with high beta values to quickly recoup their investments after sharp market losses. Tribune Media Company (TRCO) currently has a Beta value of 1.82. Beta is a measurement of a stock’s price fluctuations, which is often called volatility and is used by investors to gauge how quickly a stock’s price will rise or fall. A stock with a beta of greater than 1.0 is riskier and has greater price fluctuations, while stocks with beta values of less than 1.0 are steadier and generally larger companies. Beta is often measured against the S&P; 500 index. An S&P; 500 stock with a beta of 2.0 produced a 20 percent increase in returns during a period of time when the S&P; 500 Index grew only 10 percent. This same measurement also means the stock would lose 20 percent when the market dropped by only 10 percent.

Next, let’s take a look at Tribune Media Company (TRCO) current P/E ratio. Tribune Media Company (TRCO) currently has a PE ratio of 73.10. PE ratio is an important parameter to look at when trading a stock mostly because it is easy to calculate. There are a couple of ways to calculate PE ratio either by dividing share price by earnings per share or dividing the market cap by net income. It is important to note that the earnings are usually taken from the trailing twelve months (TTM). Nevertheless, P/E tells us how much an investor is willing to pay for $1 of a company’s earnings. The long-term average P/E is around 15, so on average, investors are willing to pay $15 for every dollar of earnings. Another useful way to look at this: Turn the P/E ratio around to look at the E/P ratio, which when expressed as a percentage gives us the earnings yield. For instance: 1/15 gives us an earnings yield of 6.67%.

While we have already looked at Tribune Media Company (TRCO) beta and P/E ratio, the EPS cannot be ignored. Tribune Media Company (TRCO) EPS for the trailing twelve months was 0.56. Traders and investors often use earnings per share (TTM) to determine a company’s profitability for the past year. So in essence, EPS is the amount of a company’s net income per share of common stock. Earnings per share equal the company’s net income less any dividends paid on preferred stock divided by the weighted average number of common stock shares outstanding during the year. Tribune Media Company (TRCO) is estimated to release its next earnings report on Nov 7, 2017 – Nov 13, 2017. It would be interesting to see how the earnings fair out considering the recent developments.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of argusjournal.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please click HERE

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General Mills, Inc. (GIS) – ‘A Blessing In Disguise’ For Investors

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Stock of General Mills, Inc. (GIS) opened today at $52.11 and are currently trading at $52.88 x 200. More than 137,196 shares have exchanged hands compared to an average daily volume of 4,106,933 shares. At the current pps, the market capitalization stands at 29.59B. Analyst are currently predicting a target of $54.22 for General Mills, Inc.

Investors try to use stocks with high beta values to quickly recoup their investments after sharp market losses. General Mills, Inc. (GIS) currently has a Beta value of 0.43. Beta is a measurement of a stock’s price fluctuations, which is often called volatility and is used by investors to gauge how quickly a stock’s price will rise or fall. A stock with a beta of greater than 1.0 is riskier and has greater price fluctuations, while stocks with beta values of less than 1.0 are steadier and generally larger companies. Beta is often measured against the S&P; 500 index. An S&P; 500 stock with a beta of 2.0 produced a 20 percent increase in returns during a period of time when the S&P; 500 Index grew only 10 percent. This same measurement also means the stock would lose 20 percent when the market dropped by only 10 percent.

Next, let’s take a look at General Mills, Inc current P/E ratio. General Mills, Inc. (GIS) currently has a PE ratio of 18.80. PE ratio is an important parameter to look at when trading a stock mostly because it is easy to calculate. There are a couple of ways to calculate PE ratio either by dividing share price by earnings per share or dividing the market cap by net income. It is important to note that the earnings are usually taken from the trailing twelve months (TTM). Nevertheless, P/E tells us how much an investor is willing to pay for $1 of a company’s earnings. The long-term average P/E is around 15, so on average, investors are willing to pay $15 for every dollar of earnings. Another useful way to look at this: Turn the P/E ratio around to look at the E/P ratio, which when expressed as a percentage gives us the earnings yield. For instance: 1/15 gives us an earnings yield of 6.67%.

While we have already looked at General Mills, Inc beta and P/E ratio, the EPS cannot be ignored. General Mills, Inc EPS for the trailing twelve months was 2.77. Traders and investors often use earnings per share (TTM) to determine a company’s profitability for the past year. So in essence, EPS is the amount of a company’s net income per share of common stock. Earnings per share equal the company’s net income less any dividends paid on preferred stock divided by the weighted average number of common stock shares outstanding during the year. General Mills, Inc is estimated to release its next earnings report on Dec 18, 2017 – Dec 22, 2017. It would be interesting to see how the earnings fair out considering the recent developments.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of argusjournal.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please click HERE

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