Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Alcoa (AA)
NYSE:AA
Alcoa (AA) Stock Price & Analysis
3,701 Followers
AA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$22.83 - $45.48
Previous Close$34.92
Volume651.08K
Average Volume (3M)5.14M
Market Cap
$6.17B
Enterprise Value$8.73B
Total Cash (Recent Filing)$944.00M
Total Debt (Recent Filing)$1.81B
Price to Earnings (P/E)―
Beta1.99
Next Earnings
Oct 16, 2024EPS Estimate
$0.59Last Dividend Ex-Date
May 20, 2024Dividend Yield1.15%
Share Statistics
EPS (TTM)-3.08
Shares Outstanding179,559,688
10 Day Avg. Volume4,253,150
30 Day Avg. Volume5,141,990
Standard Deviation0.20
R-Squared0.42
Alpha0.00322
Financial Highlights & Ratios
Price to Book (P/B)1.78
Price to Sales (P/S)0.69
Price to Cash Flow (P/CF)9.20
P/FCF Ratio28.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.83
Enterprise Value/Gross Profit11.83
Enterprise Value/Ebitda26.62
Forecast
1Y Price Target
$46.20Price Target Upside34.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Alcoa News
Bulls Say, Bears Say
Bulls Say
Acquisition BenefitsThe acquisition of Alumina Limited is expected to be beneficial longer-term given higher economic interest and simplified structure/greater flexibility.
Profitability ImprovementProfitability improvement programs have secured $350m of run rate improvements on a year-over-year basis.
Revenue PerformanceRevenue of $2,906m slightly beat the consensus of $2,862m.
Bears Say
CostsNet costs increased by $60 million, impacting overall profitability.
Maintenance ExpensesHigher maintenance costs in Australia are negatively impacting the alumina segment by $10 million.
Operational ChallengesThe Alumar smelter restart is facing delays, affecting production schedules.
---
Ownership Overview
31.00% Insiders
26.86% Mutual Funds
25.89% Other Institutional Investors
16.25% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
AA FAQ
What was Alcoa’s price range in the past 12 months?
Alcoa lowest stock price was $22.83 and its highest was $45.48 in the past 12 months.
What is Alcoa’s market cap?
Currently, no data Available
When is Alcoa’s upcoming earnings report date?
Alcoa’s upcoming earnings report date is Oct 16, 2024 which is in 86 days.
How were Alcoa’s earnings last quarter?
Alcoa released its earnings results on Jul 17, 2024. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.077 by $0.083.
Is Alcoa overvalued?
According to Wall Street analysts Alcoa’s price is currently Undervalued.
Does Alcoa pay dividends?
Alcoa pays a Quarterly dividend of $0.1 which represents an annual dividend yield of 1.15%. See more information on Alcoa dividends here
What is Alcoa’s EPS estimate?
Alcoa’s EPS estimate is $0.59.
How many shares outstanding does Alcoa have?
Alcoa has 179,561,510 shares outstanding.
What happened to Alcoa’s price movement after its last earnings report?
Alcoa reported an EPS of $0.16 in its last earnings report, beating expectations of $0.077. Following the earnings report the stock price went down -3.151%.
Which hedge fund is a major shareholder of Alcoa?
Among the largest hedge funds holding Alcoa’s share is Slate Path Capital LP. It holds Alcoa’s shares valued at 133M.
---
Alcoa Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$46.20 (34.50% Upside)
$46.20 (34.50% Upside)
Blogger Sentiment
Neutral
AA Sentiment 58%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 1.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.2%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1.56%
12-Months-Change
Fundamentals
Return on Equity
-12.58%
Trailing 12-Months
Asset Growth
1.27%
Trailing 12-Months
Company Description
Alcoa
Alcoa Corp. engages in the production of bauxite, alumina, and aluminum products. It operates through the following segments: Bauxite, Alumina, and Aluminum. The Bauxite segment represents the company' global bauxite mining operations. The Alumina segment includes the company's worldwide refining system, which processes bauxite into alumina. The Aluminum segment combines smelting and casting operations produce primary aluminum. The smelting operations produce molten primary aluminum, which is then formed by the casting operations into either foundry ingot or into value add ingot products, including billet, rod, and slab. The company was founded by Charles Martin Hall on July 9, 1886 and is headquartered in Pittsburgh, PA.
---
AA Company Deck
---
AA Earnings Call
Q2 2024
0:00 / 0:00
---
AA Revenue Breakdown
47.32% U.S.
21.43% Netherlands
21.23% Australia
6.97% Brazil
3.05% Other
---
AA Stock 12 Month Forecast
Average Price Target
$46.20
▲(34.50% Upside)
Technical Analysis
Best Analysts Covering AA
1 Year
1 Year Success Rate
17/24 ratings generated profit
1 Year Average Return
+16.64%
reiterated a buy rating 5 days ago
Copying Alexander Hacking's trades and holding each position for 1 Year would result in 70.83% of your transactions generating a profit, with an average return of +16.64% per trade.
---