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ATI (ATI) Competitors

ATI logo
$57.96 -0.27 (-0.46%)
(As of 11/20/2024 ET)

ATI vs. STLD, RS, CRS, X, CMC, CLF, WOR, HAYN, RDUS, and ZEUS

Should you be buying ATI stock or one of its competitors? The main competitors of ATI include Steel Dynamics (STLD), Reliance (RS), Carpenter Technology (CRS), United States Steel (X), Commercial Metals (CMC), Cleveland-Cliffs (CLF), Worthington Enterprises (WOR), Haynes International (HAYN), Radius Recycling (RDUS), and Olympic Steel (ZEUS). These companies are all part of the "steel" industry.

ATI vs.

ATI (NYSE:ATI) and Steel Dynamics (NASDAQ:STLD) are both basic materials companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, profitability, risk, dividends, earnings, media sentiment, valuation and community ranking.

ATI has a beta of 1.08, meaning that its stock price is 8% more volatile than the S&P 500. Comparatively, Steel Dynamics has a beta of 1.31, meaning that its stock price is 31% more volatile than the S&P 500.

In the previous week, Steel Dynamics had 9 more articles in the media than ATI. MarketBeat recorded 18 mentions for Steel Dynamics and 9 mentions for ATI. Steel Dynamics' average media sentiment score of 1.34 beat ATI's score of 0.79 indicating that Steel Dynamics is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ATI
6 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Steel Dynamics
15 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Steel Dynamics received 384 more outperform votes than ATI when rated by MarketBeat users. Likewise, 67.77% of users gave Steel Dynamics an outperform vote while only 58.45% of users gave ATI an outperform vote.

CompanyUnderperformOutperform
ATIOutperform Votes
453
58.45%
Underperform Votes
322
41.55%
Steel DynamicsOutperform Votes
837
67.77%
Underperform Votes
398
32.23%

82.4% of Steel Dynamics shares are owned by institutional investors. 0.7% of ATI shares are owned by insiders. Comparatively, 6.0% of Steel Dynamics shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Steel Dynamics has a net margin of 9.80% compared to ATI's net margin of 8.85%. ATI's return on equity of 21.39% beat Steel Dynamics' return on equity.

Company Net Margins Return on Equity Return on Assets
ATI8.85% 21.39% 6.75%
Steel Dynamics 9.80%19.82%11.57%

ATI pays an annual dividend of $0.32 per share and has a dividend yield of 0.6%. Steel Dynamics pays an annual dividend of $1.84 per share and has a dividend yield of 1.3%. ATI pays out 12.3% of its earnings in the form of a dividend. Steel Dynamics pays out 16.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Steel Dynamics has raised its dividend for 12 consecutive years. Steel Dynamics is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Steel Dynamics has higher revenue and earnings than ATI. Steel Dynamics is trading at a lower price-to-earnings ratio than ATI, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ATI$4.25B1.94$410.80M$2.6022.29
Steel Dynamics$17.90B1.22$2.45B$11.0513.04

ATI presently has a consensus target price of $73.71, suggesting a potential upside of 27.18%. Steel Dynamics has a consensus target price of $144.29, suggesting a potential upside of 0.17%. Given ATI's stronger consensus rating and higher probable upside, analysts plainly believe ATI is more favorable than Steel Dynamics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ATI
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63
Steel Dynamics
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43

Summary

Steel Dynamics beats ATI on 14 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ATI vs. The Competition

MetricATISteel pipe & tubes IndustryMaterials SectorNYSE Exchange
Market Cap$8.27B$1.81B$2.85B$19.87B
Dividend YieldN/AN/A5.20%3.53%
P/E Ratio22.2912.47117.1642.94
Price / Sales1.943.19602,864.6718.99
Price / Cash13.7914.1323.4817.86
Price / Book5.002.533.415.52
Net Income$410.80M$105.32M$151.56M$986.45M
7 Day Performance3.17%3.68%0.61%0.45%
1 Month Performance-8.55%4.70%1.46%1.05%
1 Year Performance31.73%41.99%27.68%24.67%

ATI Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ATI
ATI
4.2494 of 5 stars
$57.96
-0.5%
$73.71
+27.2%
+30.0%$8.31B$4.17B22.297,300
STLD
Steel Dynamics
4.6338 of 5 stars
$144.04
+2.7%
$144.29
+0.2%
+28.8%$21.35B$18.80B13.0412,600Insider Trade
Positive News
RS
Reliance
3.8628 of 5 stars
$313.56
+1.5%
$326.40
+4.1%
+16.2%$16.72B$14.81B17.2215,000
CRS
Carpenter Technology
3.939 of 5 stars
$180.73
-2.0%
$139.60
-22.8%
+164.8%$9.20B$2.76B40.254,600Analyst Revision
Positive News
X
United States Steel
4.7429 of 5 stars
$38.38
-1.3%
$42.80
+11.5%
+12.5%$8.76B$18.05B25.2521,803Options Volume
News Coverage
Positive News
High Trading Volume
CMC
Commercial Metals
3.8609 of 5 stars
$59.75
+0.5%
$65.25
+9.2%
+34.0%$6.77B$7.93B14.4313,178
CLF
Cleveland-Cliffs
2.7165 of 5 stars
$11.67
+2.0%
$17.56
+50.5%
-31.6%$5.65B$22.00B0.0026,000Options Volume
WOR
Worthington Enterprises
3.2223 of 5 stars
$38.61
+0.3%
$45.00
+16.6%
-41.5%$1.94B$1.25B50.803,800
HAYN
Haynes International
3.9129 of 5 stars
$60.99
+0.0%
N/A+25.4%$779.50M$589.96M20.961,284Analyst Downgrade
High Trading Volume
RDUS
Radius Recycling
2.1412 of 5 stars
$18.46
+5.1%
N/A-27.2%$492.65M$2.74B-1.973,011
ZEUS
Olympic Steel
2.239 of 5 stars
$40.49
+3.4%
N/A-24.1%$436.06M$2.16B17.762,168

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This page (NYSE:ATI) was last updated on 11/21/2024 by MarketBeat.com Staff
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