ATI vs. STLD, RS, X, CLF, CMC, CRS, WOR, HAYN, ZEUS, and RDUS
Should you be buying ATI stock or one of its competitors? The main competitors of ATI include Steel Dynamics (STLD), Reliance (RS), United States Steel (X), Cleveland-Cliffs (CLF), Commercial Metals (CMC), Carpenter Technology (CRS), Worthington Enterprises (WOR), Haynes International (HAYN), Olympic Steel (ZEUS), and Radius Recycling (RDUS). These companies are all part of the "steel" industry.
ATI (NYSE:ATI) and Steel Dynamics (NASDAQ:STLD) are both basic materials companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, community ranking, valuation, earnings, dividends, institutional ownership, media sentiment, risk and profitability.
ATI currently has a consensus price target of $62.60, indicating a potential upside of 2.05%. Steel Dynamics has a consensus price target of $125.29, indicating a potential downside of 6.41%. Given ATI's stronger consensus rating and higher possible upside, analysts clearly believe ATI is more favorable than Steel Dynamics.
ATI has a beta of 1.17, suggesting that its stock price is 17% more volatile than the S&P 500. Comparatively, Steel Dynamics has a beta of 1.47, suggesting that its stock price is 47% more volatile than the S&P 500.
82.4% of Steel Dynamics shares are held by institutional investors. 0.7% of ATI shares are held by insiders. Comparatively, 6.0% of Steel Dynamics shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
In the previous week, ATI had 7 more articles in the media than Steel Dynamics. MarketBeat recorded 13 mentions for ATI and 6 mentions for Steel Dynamics. Steel Dynamics' average media sentiment score of 1.14 beat ATI's score of 0.45 indicating that Steel Dynamics is being referred to more favorably in the news media.
Steel Dynamics has a net margin of 12.89% compared to ATI's net margin of 8.70%. Steel Dynamics' return on equity of 27.62% beat ATI's return on equity.
Steel Dynamics received 391 more outperform votes than ATI when rated by MarketBeat users. Likewise, 68.30% of users gave Steel Dynamics an outperform vote while only 58.06% of users gave ATI an outperform vote.
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.
Summary
Steel Dynamics beats ATI on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ATI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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