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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$36.78
Volume5.33M
Average Volume (3M)6.15M
Market Cap
$9.50B
Enterprise Value$12.17B
Total Cash (Recent Filing)$1.40B
Total Debt (Recent Filing)$2.55B
Price to Earnings (P/E)―
Beta2.09
Next Earnings
Oct 16, 2024EPS Estimate
$0.35Last Dividend Ex-Date
Aug 12, 2024Dividend Yield1.17%
Share Statistics
EPS (TTM)-3.08
Shares Outstanding258,340,140
10 Day Avg. Volume6,785,266
30 Day Avg. Volume6,146,420
Standard Deviation0.20
R-Squared0.40
Alpha0.00084
Financial Highlights & Ratios
Price to Book (P/B)2.44
Price to Sales (P/S)0.83
Price to Cash Flow (P/CF)7.70
P/FCF Ratio16.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.14
Enterprise Value/Gross Profit16.49
Enterprise Value/Ebitda26.87
Forecast
1Y Price Target
$42.63Price Target Upside18.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Alcoa News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAlumina segment EBITDA is projected to more than double to $401 million due to higher pricing.
Market PositionAlcoa is well positioned to benefit from a tighter alumina market, which keeps prices elevated and limits aluminum output from China.
Portfolio SimplificationThe sale of the Ma'aden Joint Venture for $1.1 billion simplifies Alcoa's portfolio and enhances visibility in the value of its investment in Saudi Arabia.
Bears Say
Asset PerformanceUncertainty over the future of the 'loss-making' San Ciprián assets remains an overhang.
EarningsQ3’24E adjusted EBITDA of $382 million, below prior estimate of $434 million due to lower aluminum pricing and higher alumina costs.
Segment PerformanceAluminum segment EBITDA is forecast to decline 54% quarter-over-quarter due to lower LME prices and higher alumina costs.
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Ownership Overview
21.56% Insiders
17.28% Mutual Funds
38.46% Other Institutional Investors
22.71% 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 21 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 1.17%. See more information on Alcoa dividends here
What is Alcoa’s EPS estimate?
Alcoa’s EPS estimate is $0.35.
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:
$42.63 (18.38% Upside)
$42.63 (18.38% Upside)
Blogger Sentiment
Bullish
AA Sentiment 66%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 17.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▲ 0.9%
Last 30 Days ▼ 1.7%
Last 30 Days ▼ 1.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
31.51%
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
$42.63
▲(18.38% Upside)
Technical Analysis
Best Analysts Covering AA
1 Year
1 Year Success Rate
16/24 ratings generated profit
1 Year Average Return
+15.32%
reiterated a buy rating 2 months ago
Copying Alexander Hacking's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +15.32% per trade.
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