Alcoa Co. to Post FY2025 Earnings of $1.64 Per Share, B. Riley Forecasts (NYSE:AA)

Alcoa Co. (NYSE:AA - Free Report) - Stock analysts at B. Riley raised their FY2025 EPS estimates for shares of Alcoa in a report issued on Thursday, April 18th. B. Riley analyst L. Pipes now forecasts that the industrial products company will earn $1.64 per share for the year, up from their previous estimate of $1.62. B. Riley currently has a "Neutral" rating and a $31.00 price target on the stock. The consensus estimate for Alcoa's current full-year earnings is $0.33 per share.

Several other equities research analysts also recently commented on the stock. Jefferies Financial Group upped their price target on shares of Alcoa from $45.00 to $48.00 and gave the company a "buy" rating in a research report on Thursday. StockNews.com downgraded shares of Alcoa from a "hold" rating to a "sell" rating in a research report on Friday. Morgan Stanley increased their target price on shares of Alcoa from $27.00 to $29.50 and gave the stock an "underweight" rating in a research report on Thursday, January 18th. Bank of America increased their target price on shares of Alcoa from $31.00 to $32.00 and gave the stock a "neutral" rating in a research report on Monday, March 18th. Finally, JPMorgan Chase & Co. increased their target price on shares of Alcoa from $30.00 to $32.00 and gave the stock a "neutral" rating in a research report on Thursday, January 18th. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $32.96.

Alcoa Trading Up 0.2 %

Shares of NYSE:AA traded up $0.06 during mid-day trading on Friday, hitting $35.53. The stock had a trading volume of 8,014,809 shares, compared to its average volume of 6,457,585. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.74 and a current ratio of 1.45. The company has a market cap of $6.38 billion, a PE ratio of -9.45, a P/E/G ratio of 2.28 and a beta of 2.47. Alcoa has a 12-month low of $23.07 and a 12-month high of $42.23. The company's 50 day moving average is $31.14 and its 200-day moving average is $29.06.

Alcoa (NYSE:AA - Get Free Report) last issued its quarterly earnings results on Wednesday, April 17th. The industrial products company reported ($0.81) EPS for the quarter, missing the consensus estimate of ($0.62) by ($0.19). The firm had revenue of $2.60 billion during the quarter, compared to analysts' expectations of $2.55 billion. Alcoa had a negative net margin of 6.41% and a negative return on equity of 8.30%. The firm's revenue was down 2.7% compared to the same quarter last year. During the same quarter last year, the company posted ($0.23) EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Neo Ivy Capital Management acquired a new stake in Alcoa in the 2nd quarter worth $27,000. Fairfield Bush & CO. acquired a new stake in Alcoa in the 1st quarter worth $29,000. Tennessee Valley Asset Management Partners acquired a new stake in Alcoa in the 4th quarter worth $31,000. Resurgent Financial Advisors LLC acquired a new stake in Alcoa in the 4th quarter worth $32,000. Finally, Private Wealth Management Group LLC acquired a new stake in Alcoa in the 4th quarter worth $33,000.

Insider Transactions at Alcoa

In related news, EVP Tammi A. Jones sold 26,468 shares of the firm's stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $30.78, for a total value of $814,685.04. Following the transaction, the executive vice president now directly owns 41,166 shares in the company, valued at approximately $1,267,089.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Alcoa Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Tuesday, March 5th were paid a dividend of $0.10 per share. The ex-dividend date was Monday, March 4th. This represents a $0.40 annualized dividend and a dividend yield of 1.13%. Alcoa's dividend payout ratio (DPR) is -10.64%.

Alcoa Company Profile

Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through two segments, Alumina and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses.