Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Alcoa (AA)
NYSE:AA
Alcoa (AA) Stock Price & Analysis
3,625 Followers
AA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$22.89 - $40.84
Previous Close$39.83
Volume5.74M
Average Volume (3M)6.44M
Market Cap
$7.15B
Enterprise Value$9.61B
Total Cash (Recent Filing)$944.00M
Total Debt (Recent Filing)$1.81B
Price to Earnings (P/E)-10.6
Beta1.75
Next Earnings
Jul 17, 2024EPS Estimate
<$0.01Next Dividend Ex-Date
May 20, 2024Dividend Yield1%
Share Statistics
EPS (TTM)-3.77
Shares Outstanding179,559,688
10 Day Avg. Volume5,398,130
30 Day Avg. Volume6,435,285
Standard Deviation0.20
R-Squared0.43
Alpha0.00018
Financial Highlights & Ratios
Price to Book (P/B)1.76
Price to Sales (P/S)0.68
Price to Cash Flow (P/CF)9.10
P/FCF Ratio27.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.91
Enterprise Value/Gross Profit13.03
Enterprise Value/Ebitda21.90
Forecast
1Y Price Target
$34.81Price Target Upside-13.06% Downside
Rating ConsensusHold
Number of Analyst Covering8
Alcoa News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceQ1’24 results beat expectations with adjusted EBITDA of $132 million, indicating strong financial performance.
Operational EfficiencyAlcoa made solid progress on its cost reductions efforts as part of an action plan aiming to generate a significant annualized EBITDA uplift when completed.
Strategic AcquisitionsAcquisition of Alumina Limited is on track for 3Q closing, which should provide higher economic interest and simplified structure/greater flexibility.
Bears Say
Operational RisksOngoing concerns over weak aluminum demand and cash outlay for shutting operations contribute to the Underperform rating.
Production DelaysThe Alumar restart is not progressing as quickly as previously guided, potentially delaying full run-rate production.
Profitability ConcernsProfitability improvements are expected to occur at a slower pace than initially expected.
---
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
AA FAQ
What was Alcoa’s price range in the past 12 months?
Alcoa lowest stock price was $22.89 and its highest was $40.84 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 Jul 17, 2024 which is in 62 days.
How were Alcoa’s earnings last quarter?
Alcoa released its earnings results on Apr 17, 2024. The company reported -$0.81 earnings per share for the quarter, missing the consensus estimate of -$0.641 by -$0.169.
Is Alcoa overvalued?
According to Wall Street analysts Alcoa’s price is currently Overvalued.
Does Alcoa pay dividends?
Alcoa pays a Quarterly dividend of $0.1 which represents an annual dividend yield of 1%. See more information on Alcoa dividends here
What is Alcoa’s EPS estimate?
Alcoa’s EPS estimate is <$0.01.
How many shares outstanding does Alcoa have?
Alcoa has 179,559,700 shares outstanding.
What happened to Alcoa’s price movement after its last earnings report?
Alcoa reported an EPS of -$0.81 in its last earnings report, missing expectations of -$0.641. Following the earnings report the stock price went down -0.225%.
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 84M.
---
Alcoa Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$34.81 (-13.06% Downside)
$34.81 (-13.06% Downside)
Blogger Sentiment
Neutral
AA Sentiment 55%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 3.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $858.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.6%
Last 30 Days ▼ 3.9%
Last 30 Days ▼ 3.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
14.15%
12-Months-Change
Fundamentals
Return on Equity
-15.48%
Trailing 12-Months
Asset Growth
-0.29%
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
Q1 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
$34.81
▼(-13.06% Downside)
Technical Analysis
Best Analysts Covering AA
1 Year
1 Year Success Rate
17/21 ratings generated profit
1 Year Average Return
+25.50%
reiterated a buy rating 2 months ago
Copying Alexander Hacking's trades and holding each position for 1 Year would result in 80.95% of your transactions generating a profit, with an average return of +25.50% per trade.
---