Alcoa Corporation produces and sells bauxite, alumina, and aluminum products. The company offers aluminum sheets for the production of cans for beverage and food. It also engages in the aluminum smelting, casting, and rolling businesses; and generation and sale of renewable energy, as well as provision of ancillary services. The company was formerly known as Alcoa Upstream Corporation and changed its name to Alcoa Corporation in October 2016. Alcoa Corporation is headquartered in Pittsburgh, Pennsylvania.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Primary aluminum
Sub-IndustryAluminum
SectorIndustrial Products
SymbolNYSE:AA
CUSIP01381710
Phone412-315-2900
Debt
Debt-to-Equity Ratio0.27
Current Ratio1.42
Quick Ratio0.87
Price-To-Earnings
Trailing P/E Ratio9.75
Forward P/E Ratio10.52
P/E Growth1.18
Sales & Book Value
Annual Sales$11.65 billion
Price / Sales0.62
Cash Flow$7.0956 per share
Price / Cash5.44
Book Value$36.71 per share
Price / Book1.05
Profitability
EPS (Most Recent Fiscal Year)$3.01
Net Income$217 million
Net Margins-0.09%
Return on Equity10.43%
Return on Assets4.38%
Miscellaneous
Employees14,600
Outstanding Shares186,470,000
Market Cap$7.20 billion
Alcoa (NYSE:AA) Frequently Asked Questions
What is Alcoa's stock symbol?
Alcoa trades on the New York Stock Exchange (NYSE) under the ticker symbol "AA."
How will Alcoa's stock buyback program work?
Alcoa declared that its Board of Directors has authorized a share repurchase program on Wednesday, October 17th 2018, which permits the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 2.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's leadership believes its shares are undervalued.
How were Alcoa's earnings last quarter?
Alcoa Corp (NYSE:AA) announced its earnings results on Wednesday, October, 17th. The industrial products company reported $0.63 earnings per share for the quarter, beating analysts' consensus estimates of $0.36 by $0.27. The industrial products company earned $3.39 billion during the quarter, compared to analyst estimates of $3.35 billion. Alcoa had a negative net margin of 0.09% and a positive return on equity of 10.43%. The firm's quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.72 EPS. View Alcoa's Earnings History.
When is Alcoa's next earnings date?
What price target have analysts set for AA?
14 analysts have issued 1 year price targets for Alcoa's stock. Their forecasts range from $50.00 to $79.00. On average, they expect Alcoa's stock price to reach $62.6429 in the next twelve months. This suggests a possible upside of 62.3% from the stock's current price. View Analyst Price Targets for Alcoa.
What is the consensus analysts' recommendation for Alcoa?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alcoa in the last year. There are currently 3 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alcoa.
Who are some of Alcoa's key competitors?
Some companies that are related to Alcoa include Roper Technologies (ROP), Komatsu (KMTUY), Ingersoll-Rand (IR), Atlantia (ATL), Parker-Hannifin (PH), Kubota (KUBTY), ASSA ABLOY AB/S (ASAZY), Rockwell Automation (ROK), ATLAS COPCO AB/S (ATLKY), Ferguson (FERGD), Cintas (CTAS), SANDVIK AB/ADR (SDVKY), Tenaris (TS), BAE Systems (BA) and Stanley Black & Decker (SWK).
Who are Alcoa's key executives?
Alcoa's management team includes the folowing people:
- Mr. Roy C. Harvey, Pres, CEO & Director (Age 43)
- Mr. William F. Oplinger, Exec. VP & CFO (Age 51)
- Mr. Tómas Már Sigurdsson, Exec. VP & COO (Age 49)
- Ms. Leigh Ann C. Fisher, Chief Admin. Officer & Exec. VP (Age 51)
- Mr. Jeffrey D. Heeter, Exec. VP, Gen. Counsel & Sec. (Age 52)
Who are Alcoa's major shareholders?
Alcoa's stock is owned by a number of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.29%), Seven Eight Capital LP (0.06%), Nikko Asset Management Americas Inc. (0.04%), Patten & Patten Inc. TN (0.04%), Aperio Group LLC (0.03%) and Lingohr & Partner Asset Management GmbH (0.01%). Company insiders that own Alcoa stock include Arconic Inc, Arthur Brown, Jeffrey D Heeter, Sandy James Macdougall, Tomas Mar Sigurdsson and William F Oplinger. View Institutional Ownership Trends for Alcoa.
Which major investors are selling Alcoa stock?
AA stock was sold by a variety of institutional investors in the last quarter, including Clinton Group Inc., Mitsubishi UFJ Asset Management UK Ltd., Patten & Patten Inc. TN, Cornerstone Wealth Management LLC, KAMES CAPITAL plc and Lingohr & Partner Asset Management GmbH. Company insiders that have sold Alcoa company stock in the last year include Arthur Brown, Tomas Mar Sigurdsson and William F Oplinger. View Insider Buying and Selling for Alcoa.
Which major investors are buying Alcoa stock?
AA stock was purchased by a variety of institutional investors in the last quarter, including Seven Eight Capital LP, Bank of Montreal Can, Fox Run Management L.L.C., MERIAN GLOBAL INVESTORS UK Ltd, Nikko Asset Management Americas Inc., Supplemental Annuity Collective Trust of NJ, Intl Fcstone Inc. and Personal Capital Advisors Corp. Company insiders that have bought Alcoa stock in the last two years include Arthur Brown and Sandy James Macdougall. View Insider Buying and Selling for Alcoa.
How do I buy shares of Alcoa?
Shares of AA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Alcoa's stock price today?
One share of AA stock can currently be purchased for approximately $38.60.
How big of a company is Alcoa?
Alcoa has a market capitalization of $7.20 billion and generates $11.65 billion in revenue each year. The industrial products company earns $217 million in net income (profit) each year or $3.01 on an earnings per share basis. Alcoa employs 14,600 workers across the globe.
What is Alcoa's official website?
How can I contact Alcoa?
Alcoa's mailing address is 201 ISABELLA STREET SUITE 500, PITTSBURGH PA, 15212. The industrial products company can be reached via phone at 412-315-2900 or via email at [email protected]
MarketBeat Community Rating for Alcoa (NYSE AA)
MarketBeat's community ratings are surveys of what our community members think about Alcoa and other stocks. Vote "Outperform" if you believe AA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AA will underperform the S&P 500 over the long term. You may vote once every thirty days.
