Arconic Company Profile (NASDAQ:ARNC)

About Arconic (NASDAQ:ARNC)

Arconic logoArconic Inc., formerly Alcoa Inc., is engaged in lightweight metals engineering and manufacturing. The Company operates through three segments: Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. Its multi-material products, which include aluminum, titanium and nickel, are used around the world in markets, such as aerospace, automotive, commercial transportation and packaging. The Global Rolled Products segment produces a range of aluminum sheet and plate products for the aerospace, automotive, commercial transportation, brazing and industrial markets. The Engineered Products and Solutions segment develops and manufactures products for the aerospace (commercial and defense), commercial transportation and power generation end markets. The Transportation and Construction Solutions segment produces products that are used in the non-residential building and construction and commercial transportation end markets.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Aluminum - NEC
  • Sub-Industry: N/A
  • Symbol: NASDAQ:ARNC
  • CUSIP: N/A
  • Web: https://www.arconic.com/
Capitalization:
  • Market Cap: $11.28 billion
  • Outstanding Shares: 440,826,000
Average Prices:
  • 50 Day Moving Avg: $25.07
  • 200 Day Moving Avg: $26.03
  • 52 Week Range: $16.75 - $30.69
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 16.73
  • P/E Growth: 0.96
Sales & Book Value:
  • Annual Revenue: $12.53 billion
  • Price / Sales: 0.90
  • Book Value: $12.30 per share
  • Price / Book: 2.08
Dividend:
  • Dividend Yield: 1.0%
Profitability:
  • EBIDTA: $1.56 billion
  • Net Margins: 10.09%
  • Return on Equity: 23.34%
  • Return on Assets: 6.43%
Misc:
  • Average Volume: 4.03 million shs.
  • Short Ratio: 3.02
 
Frequently Asked Questions for Arconic (NASDAQ:ARNC)

What is Arconic's stock symbol?

Arconic trades on the NASDAQ under the ticker symbol "ARNC."

How often does Arconic pay dividends? What is the dividend yield for Arconic?

Arconic declared a quarterly dividend on Tuesday, July 25th. Stockholders of record on Friday, August 4th will be given a dividend of $0.06 per share on Friday, August 25th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date is Wednesday, August 2nd. View Arconic's Dividend History.

How were Arconic's earnings last quarter?

Arconic Inc (NASDAQ:ARNC) posted its quarterly earnings data on Monday, July, 24th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.06. The business had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.18 billion. Arconic had a net margin of 10.09% and a return on equity of 23.34%. The company's revenue for the quarter was up .8% compared to the same quarter last year. View Arconic's Earnings History.

When will Arconic make its next earnings announcement?

Arconic is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for Arconic.

What guidance has Arconic issued on next quarter's earnings?

Arconic issued an update on its FY17 earnings guidance on Monday, July, 24th. The company provided earnings per share guidance of $1.15-1.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.16. The company issued revenue guidance of $12.3-12.7 billion, compared to the consensus revenue estimate of $12.43 billion.

Where is Arconic's stock going? Where will Arconic's stock price be in 2017?

9 equities research analysts have issued 1 year target prices for Arconic's stock. Their predictions range from $21.00 to $32.00. On average, they expect Arconic's stock price to reach $26.25 in the next twelve months. View Analyst Ratings for Arconic.

What are analysts saying about Arconic stock?

Here are some recent quotes from research analysts about Arconic stock:

  • 1. Cowen and Company analysts commented, "ARNC’s role in the Grenfell Tower fire raises questions about the firm’s broader." (6/26/2017)
  • 2. According to Zacks Investment Research, "Arconic has outperformed the Zacks categorized Mining-Non Ferrous industry year to date. The company should gain from its cost-cutting and productivity actions in 2017. Arconic is also seeing healthy demand trends in the aerospace market. Major contract wins in aerospace are expected to support its results. The company is also well placed to capture the growing demand for aluminum sheet stemming from the transition of the North American auto industry to lightweighting." (6/20/2017)

Who are some of Arconic's key competitors?

Who are Arconic's key executives?

Arconic's management team includes the folowing people:

  • Patricia F. Russo, Interim Chairman of the Board
  • David P. Hess, Interim Chief Executive Officer, Director
  • Ken Giacobbe, Chief Financial Officer, Executive Vice President
  • Eric V. Roegner, President - Arconic Global Rolled Products
  • Vasantha Nair, Executive Vice President - Human Resources and Environment, Health, Safety and Sustainability
  • Kate Hargrove Ramundo, Executive Vice President, Chief Legal Officer and Secretary
  • Christoph Kollatz, Executive Vice President - Corporate Development, Strategy and New Ventures
  • Timothy D. Myers, Executive Vice President and Group President - Transportation and Construction Solutions
  • Karl Tragl, Executive Vice President and Group President - Engineered Products and Solutions
  • Paul Myron, Vice President, Controller

Who owns Arconic stock?

Arconic's stock is owned by many different of retail and institutional investors. Top institutional shareholders include ELLIOTT ASSOCIATES, L.P. (11.60%), ELLIOTT ASSOCIATES, L.P. (11.60%), Manning & Napier Advisors LLC (1.49%), Douglas Lane & Associates LLC (0.52%), National Pension Service (0.10%) and Chevy Chase Trust Holdings Inc. (0.09%). Company insiders that own Arconic stock include Associates LP Elliott, Christopher L Ayers, International LP Elliott and Patrice E Merrin. View Institutional Ownership Trends for Arconic.

Who sold Arconic stock? Who is selling Arconic stock?

Arconic's stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Douglas Lane & Associates LLC, Parkwood LLC, Manning & Napier Advisors LLC, Grassi Investment Management, Exxonmobil Investment Management Inc. TX, Russell Investments Group Ltd. and Xact Kapitalforvaltning AB. View Insider Buying and Selling for Arconic.

Who bought Arconic stock? Who is buying Arconic stock?

Arconic's stock was bought by a variety of institutional investors in the last quarter, including Meag Munich Ergo Kapitalanlagegesellschaft MBH, Private Capital Advisors Inc., Mn Services Vermogensbeheer B.V., James Investment Research Inc., National Pension Service, Oakbrook Investments LLC, Cubic Asset Management LLC and Oxbow Advisors LLC. Company insiders that have bought Arconic stock in the last two years include Associates LP Elliott, Christopher L Ayers, International LP Elliott and Patrice E Merrin. View Insider Buying and Selling for Arconic.

How do I buy Arconic stock?

Shares of Arconic can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Arconic's stock price today?

One share of Arconic stock can currently be purchased for approximately $25.59.


MarketBeat Community Rating for Arconic (NASDAQ ARNC)
Community Ranking:  1.9 out of 5 ()
Outperform Votes:  47 (Vote Outperform)
Underperform Votes:  79 (Vote Underperform)
Total Votes:  126
MarketBeat's community ratings are surveys of what our community members think about Arconic and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Arconic (NASDAQ:ARNC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $26.25 (2.58% upside)

Analysts' Ratings History for Arconic (NASDAQ:ARNC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/13/2017Seaport Global SecuritiesUpgradeNeutral -> Buy$27.00LowView Rating Details
7/10/2017J P Morgan Chase & CoUpgradeNeutral -> Overweight$30.00 -> $29.00HighView Rating Details
6/30/2017Morgan StanleyReiterated RatingEqual WeightLowView Rating Details
6/26/2017Cowen and CompanyReiterated RatingHold$25.00MediumView Rating Details
6/24/2017Deutsche Bank AGReiterated RatingBuyHighView Rating Details
3/31/2017Longbow ResearchInitiated CoverageNeutral -> NeutralLowView Rating Details
12/8/2016ArgusUpgradeHold -> Buy$25.00N/AView Rating Details
11/2/2016Goldman Sachs Group, Inc. (The)Initiated CoverageSell$23.00N/AView Rating Details
11/1/2016MacquarieInitiated CoverageNeutral$21.00N/AView Rating Details
(Data available from 7/26/2015 forward)

Earnings

Earnings History for Arconic (NASDAQ:ARNC)
Earnings by Quarter for Arconic (NASDAQ:ARNC)
Earnings History by Quarter for Arconic (NASDAQ ARNC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/23/2017$0.28N/AView Earnings Details
7/24/2017Q2 2017$0.26$0.32$3.18 billion$3.26 billionViewN/AView Earnings Details
4/25/2017Q1 2017$0.25$0.33$3.00 billion$3.06 billionViewN/AView Earnings Details
1/31/2017Q416$0.13$0.12$3.00 billion$2.97 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Arconic (NASDAQ:ARNC)
2017 EPS Consensus Estimate: $1.05
2018 EPS Consensus Estimate: $1.43
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.25$0.25$0.25
Q2 20171$0.25$0.25$0.25
Q3 20171$0.28$0.28$0.28
Q4 20171$0.27$0.27$0.27
Q1 20181$0.33$0.33$0.33
Q2 20181$0.37$0.37$0.37
Q3 20181$0.38$0.38$0.38
Q4 20181$0.35$0.35$0.35
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Arconic (NASDAQ ARNC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/25/2017quarterly$0.060.93%8/2/20178/4/20178/25/2017
2/24/2017quarterly$0.060.82%5/3/20175/5/20175/25/2017
1/17/2017quarterly$0.061.16%2/1/20172/3/20172/25/2017
11/2/2016special$0.0911/8/201611/11/201611/25/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Arconic (NASDAQ:ARNC)
Insider Trades by Quarter for Arconic (NASDAQ:ARNC)
Institutional Ownership by Quarter for Arconic (NASDAQ:ARNC)
Insider Trades by Quarter for Arconic (NASDAQ:ARNC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/30/2017Patrice E MerrinDirectorBuy10,000$27.17$271,700.00View SEC Filing  
5/26/2017Christopher L AyersDirectorBuy7,325$27.31$200,045.75View SEC Filing  
2/24/2017Associates L.P. ElliottMajor ShareholderBuy224,001$29.29$6,560,989.29View SEC Filing  
2/23/2017Associates L.P. ElliottMajor ShareholderBuy192,000$30.01$5,761,920.00View SEC Filing  
2/22/2017Associates L.P. ElliottMajor ShareholderBuy240,000$30.46$7,310,400.00View SEC Filing  
2/21/2017Associates L.P. ElliottMajor ShareholderBuy128,000$30.12$3,855,360.00View SEC Filing  
2/17/2017International L.P. ElliottMajor ShareholderBuy272,000$29.78$8,100,160.00View SEC Filing  
2/16/2017Associates L.P. ElliottMajor ShareholderBuy128,000$29.20$3,737,600.00View SEC Filing  
2/15/2017Associates L.P. ElliottMajor ShareholderBuy136,000$29.27$3,980,720.00View SEC Filing  
2/14/2017Associates L.P. ElliottMajor ShareholderBuy72,000$29.86$2,149,920.00View SEC Filing  
2/13/2017International L.P. ElliottMajor ShareholderBuy136,000$29.52$4,014,720.00View SEC Filing  
2/10/2017International L.P. ElliottMajor ShareholderBuy85,000$29.18$2,480,300.00View SEC Filing  
2/9/2017International L.P. ElliottMajor ShareholderBuy68,000$27.91$1,897,880.00View SEC Filing  
2/8/2017Associates L.P. ElliottMajor ShareholderBuy24,000$26.86$644,640.00View SEC Filing  
2/7/2017International L.P. ElliottMajor ShareholderBuy34,000$26.36$896,240.00View SEC Filing  
2/6/2017Associates L.P. ElliottMajor ShareholderBuy24,000$25.88$621,120.00View SEC Filing  
2/3/2017Associates L.P. ElliottMajor ShareholderBuy72,000$25.57$1,841,040.00View SEC Filing  
2/2/2017International L.P. ElliottMajor ShareholderBuy306,000$25.32$7,747,920.00View SEC Filing  
1/27/2017Associates L.P. ElliottMajor ShareholderBuy256,000$22.63$5,793,280.00View SEC Filing  
1/24/2017International L.P. ElliottMajor ShareholderBuy544,000$21.61$11,755,840.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Arconic (NASDAQ:ARNC)
Latest Headlines for Arconic (NASDAQ:ARNC)
Source:
DateHeadline
finance.yahoo.com logoThe Klein Law Firm Reminds Investors of Class Actions Filed on Behalf of Arconic Inc. Shareholders and a Lead Plaintiff Deadline of September 11, 2017
finance.yahoo.com - July 26 at 4:37 PM
americanbankingnews.com logoArconic Inc (NASDAQ:ARNC) to Post Q3 2017 Earnings of $0.28 Per Share, Seaport Global Securities Forecasts
www.americanbankingnews.com - July 26 at 10:25 AM
americanbankingnews.com logoArconic Inc (NASDAQ:ARNC) Cut to "Buy" at Vetr Inc.
www.americanbankingnews.com - July 26 at 12:44 AM
finance.yahoo.com logoBetter-Than-Expected Earnings and Guidance Couldn’t Lift Arconic
finance.yahoo.com - July 25 at 8:57 PM
americanbankingnews.com logoArconic Inc Declares Quarterly Dividend of $0.06 (NASDAQ:ARNC)
www.americanbankingnews.com - July 25 at 4:47 PM
businesswire.com logoThe Klein Law Firm Announces Class Actions Filed on Behalf of Arconic Inc. Shareholders and a Lead Plaintiff ... - Business Wire (press release)
www.businesswire.com - July 25 at 3:55 PM
finance.yahoo.com logoThe Klein Law Firm Announces Class Actions Filed on Behalf of Arconic Inc. Shareholders and a Lead Plaintiff Deadline of September 11, 2017
finance.yahoo.com - July 25 at 3:55 PM
finance.yahoo.com logoEQUITY ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Arconic Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - July 25 at 3:55 PM
finance.yahoo.com logoArconic Board Approves Quarterly Dividends
finance.yahoo.com - July 25 at 4:10 AM
247wallst.com logoArconic Earnings Shadowed by Grenfell Tower Disaster
247wallst.com - July 24 at 11:09 PM
marketwatch.com logoArconic shares surge 6% premarket after company beats on profit, raises outlook
www.marketwatch.com - July 24 at 11:09 PM
finance.yahoo.com logoArconic (ARNC) Q2 Earnings & Revenues Top Estimates
finance.yahoo.com - July 24 at 11:09 PM
finance.yahoo.com logoCFRA sticks with hold rating on Arconic, citing uncertainty about CEO search, Grenfell Tower liability
finance.yahoo.com - July 24 at 11:09 PM
finance.yahoo.com logoArconic (ARNC) Earnings, Revenues Beat Estimates in Q2
finance.yahoo.com - July 24 at 11:09 PM
finance.yahoo.com logoEdited Transcript of ARNC earnings conference call or presentation 24-Jul-17 2:00pm GMT
finance.yahoo.com - July 24 at 11:09 PM
finance.yahoo.com logoArconic beats Street 2Q forecasts
finance.yahoo.com - July 24 at 11:09 PM
seekingalpha.com logoArconic's (ARNC) CEO David Hess on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - July 24 at 6:08 PM
finance.yahoo.com logoPawar Law Group Announces Filing of Securities Class Action Lawsuit Against Arconic Inc. - ARNC
finance.yahoo.com - July 24 at 6:08 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Arconic Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - July 24 at 6:08 PM
americanbankingnews.com logoArconic Inc (ARNC) Posts Quarterly Earnings Results, Beats Expectations By $0.06 EPS
www.americanbankingnews.com - July 24 at 5:24 PM
seekingalpha.com logoArconic had no control over use of its panels in London fire, CEO says - Seeking Alpha
seekingalpha.com - July 24 at 1:03 PM
streetinsider.com logoArconic (ARNC) Tops Q2 EPS by 6c; Raises Guidance - StreetInsider.com
www.streetinsider.com - July 24 at 1:03 PM
businesswire.com logoARNC, ARNC-P, ARNC-PB INVESTOR ALERT: The Law Offices of Vincent Wong Reminds Investors of Class Actions ... - Business Wire (press release)
www.businesswire.com - July 24 at 1:03 PM
nasdaq.com logoArconic (ARNC) Q2 Earnings & Revenues Top Estimates - Nasdaq
www.nasdaq.com - July 24 at 1:02 PM
finance.yahoo.com logoARNC, ARNC-P, ARNC-PB INVESTOR ALERT: The Law Offices of Vincent Wong Reminds Investors of Class Actions Involving Arconic Inc. and a Lead Plaintiff Deadline of September 11, 2017
finance.yahoo.com - July 24 at 1:02 PM
americanbankingnews.com logoArconic Inc (ARNC) Releases FY17 Earnings Guidance
www.americanbankingnews.com - July 24 at 10:26 AM
nasdaq.com logoPre-Market Earnings Report for July 24, 2017 : ITW, HAL, VFC, SWK, HAS, ARNC, MAN, LII, RPM, BOH, TCF, SGMS - Nasdaq
www.nasdaq.com - July 22 at 3:31 AM
finance.yahoo.com logoINVESTOR ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Arconic Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - July 22 at 3:31 AM
finance.yahoo.com logoNewmont (NEM) to Report Q2 Earnings: What's in the Cards?
finance.yahoo.com - July 21 at 5:29 PM
finance.yahoo.com logoARNC, ARNC-P, ARNC-PB SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notifies Investors of Commencement of Class Actions Involving Arconic Inc. and a Lead Plaintiff Deadline of September 11, 2017
finance.yahoo.com - July 21 at 5:29 PM
thestreet.com logoWhy Jim Cramer Likes the Unknowns at Arconic - TheStreet.com
www.thestreet.com - July 21 at 5:29 PM
businesswire.com logoARNC, ARNC-P, ARNC-PB SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notifies Investors of ... - Business Wire (press release)
www.businesswire.com - July 21 at 5:29 PM
finance.yahoo.com logoWhy Jim Cramer Likes the Unknowns at Arconic
finance.yahoo.com - July 21 at 5:28 PM
americanbankingnews.com logoArconic Inc (NASDAQ:ARNC) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - July 21 at 4:59 PM
americanbankingnews.com logoAlcoa Corp. (AA) & Arconic (ARNC) Financial Comparison
www.americanbankingnews.com - July 21 at 4:36 PM
nasdaq.com logoIs a Surprise Coming for Arconic (ARNC) This Earnings Season? - Nasdaq
www.nasdaq.com - July 20 at 5:27 PM
nasdaq.com logoArconic (ARNC) Q2 Earnings Preview: A Beat in the Cards? - Nasdaq
www.nasdaq.com - July 20 at 5:27 PM
finance.yahoo.com logoArconic (ARNC) Q2 Earnings Preview: A Beat in the Cards?
finance.yahoo.com - July 20 at 5:26 PM
finance.yahoo.com logoIs a Surprise Coming for Arconic (ARNC) This Earnings Season?
finance.yahoo.com - July 20 at 5:26 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Arconic Inc. (ARNC) & Lead Plaintiff Deadline: September 11, 2017
finance.yahoo.com - July 20 at 5:26 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Arconic Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 11, 2017
finance.yahoo.com - July 20 at 5:26 PM
finance.yahoo.com logoINVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Arconic Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - July 20 at 5:26 PM
prnewswire.com logoSHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Arconic Inc. and ... - PR Newswire (press release)
www.prnewswire.com - July 20 at 3:21 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Arconic Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 11, 2017
finance.yahoo.com - July 19 at 10:19 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Arconic Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - July 19 at 10:19 PM
finance.yahoo.com logoIMPORTANT EQUITY ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Arconic Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - July 19 at 5:16 PM
finance.yahoo.com logoAlcoa beats 2Q profit forecasts
finance.yahoo.com - July 19 at 5:16 PM
americanbankingnews.com logoHead to Head Review: Arconic (ARNC) and Alcoa Corp. (AA)
www.americanbankingnews.com - July 19 at 2:35 PM
businesswire.com logoRobbins Geller Rudman & Dowd LLP Files Expanded Class Action Suit against Arconic Inc.
www.businesswire.com - July 18 at 10:37 PM
finance.yahoo.com logoGlancy Prongay & Murray Announces the Filing of a Securities Class Action on Behalf of Arconic Inc. Investors and Encourages Investors to Contact the Firm
finance.yahoo.com - July 18 at 5:34 PM

Social

Chart

Arconic (ARNC) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by MarketBeat.com Staff