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Alcoa (AA)
NYSE:AA
Holding AA?
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AA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$23.07 - $45.48
Previous Close$33.97
Volume655.74K
Average Volume (3M)6.02M
Market Cap
$8.87B
Enterprise Value$11.44B
Total Cash (Recent Filing)$1.40B
Total Debt (Recent Filing)$2.55B
Price to Earnings (P/E)―
Beta2.19
Next Earnings
Oct 16, 2024EPS Estimate
$0.44Last Dividend Ex-Date
Aug 12, 2024Dividend Yield1.16%
Share Statistics
EPS (TTM)-3.08
Shares Outstanding258,340,140
10 Day Avg. Volume5,547,800
30 Day Avg. Volume6,017,209
Standard Deviation0.20
R-Squared0.40
Alpha0.00084
Financial Highlights & Ratios
Price to Book (P/B)2.25
Price to Sales (P/S)0.83
Price to Cash Flow (P/CF)7.30
P/FCF Ratio16.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.07
Enterprise Value/Gross Profit15.51
Enterprise Value/Ebitda25.26
Forecast
1Y Price Target
$43.29Price Target Upside26.06% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Alcoa News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRevenue of $2,906m slightly beat the consensus of $2,862m.
Market PositionThe company's position can benefit from positive commodity sentiment due to a potential Fed rate cut cycle.
Strategic TransactionsThe transaction simplifies Alcoa's portfolio, enhances visibility in the value of its investment in Saudi Arabia, and provides greater financial flexibility.
Bears Say
Cost IncreasesHigher maintenance costs related to Australia bauxite grade will have a $10m unfavorable impact on the alumina segment.
Financial PerformanceEBITDA of $405m is -39% vs. previous forecast.
Operational ChallengesAustralian permitting challenges remain an overhang, with a late deadline for key approvals to move bauxite mines.
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Ownership Overview
21.56% Insiders
17.22% Mutual Funds
37.75% Other Institutional Investors
23.48% 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.
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AA FAQ
What was Alcoa’s price range in the past 12 months?
Alcoa lowest stock price was $23.07 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 27 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 1.16%. See more information on Alcoa dividends here
What is Alcoa’s EPS estimate?
Alcoa’s EPS estimate is $0.44.
How many shares outstanding does Alcoa have?
Alcoa has 258,340,150 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 -3.162%.
Which hedge fund is a major shareholder of Alcoa?
Among the largest hedge funds holding Alcoa’s share is Eagle Capital Management, L.L.C.. It holds Alcoa’s shares valued at 597M.
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Alcoa Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$43.29 (26.06% Upside)
$43.29 (26.06% Upside)
Blogger Sentiment
Neutral
AA Sentiment 58%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 17.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 4.1%
Last 30 Days ▼ 4.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
19.36%
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.
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AA Company Deck
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AA Earnings Call
Q2 2024
0:00 / 0:00
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AA Revenue Breakdown
47.32% U.S.
21.43% Netherlands
21.23% Australia
6.97% Brazil
3.05% Other
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AA Stock 12 Month Forecast
Average Price Target
$43.29
▲(26.06% Upside)
Technical Analysis
Best Analysts Covering AA
1 Year
1 Year Success Rate
17/24 ratings generated profit
1 Year Average Return
+15.47%
reiterated a buy rating 2 months 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 +15.47% per trade.
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