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
Current SymbolNYSE:AA
Previous Symbol
CUSIP01381710
Phone412-315-2900
Debt
Debt-to-Equity Ratio0.25
Current Ratio1.40
Quick Ratio0.84
Price-To-Earnings
Trailing P/E Ratio9.56
Forward P/E Ratio8.14
P/E Growth1.96
Sales & Book Value
Annual Sales$11.65 billion
Price / Sales0.46
Cash Flow$7.2929 per share
Price / Cash Flow3.96
Book Value$36.71 per share
Price / Book0.79
Profitability
EPS (Most Recent Fiscal Year)$3.01
Net Income$217 million
Net Margins-0.09%
Return on Equity10.38%
Return on Assets4.43%
Miscellaneous
Employees14,600
Outstanding Shares186,490,000
Market Cap$5.24 billion
OptionableOptionable
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 has approved a share buyback plan on Wednesday, October 17th 2018, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 2.9% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.
How were Alcoa's earnings last quarter?
Alcoa Corp (NYSE:AA) released its quarterly earnings data on Wednesday, October, 17th. The industrial products company reported $0.63 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.27. The industrial products company had revenue of $3.39 billion for the quarter, compared to analysts' expectations of $3.35 billion. Alcoa had a positive return on equity of 10.38% and a negative net margin of 0.09%. The business's revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter in the prior year, the company 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 brokerages have issued 1 year price objectives for Alcoa's stock. Their predictions range from $33.00 to $79.00. On average, they anticipate Alcoa's share price to reach $60.3571 in the next twelve months. This suggests a possible upside of 113.7% 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.
Has Alcoa been receiving favorable news coverage?
Press coverage about AA stock has trended positive recently, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Alcoa earned a coverage optimism score of 3.0 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the immediate future.
Who are some of Alcoa's key competitors?
Some companies that are related to Alcoa include Komatsu (KMTUY), Parker-Hannifin (PH), ATLAS COPCO AB/S (ATLKY), Kubota (KUBTY), Rockwell Automation (ROK), ASSA ABLOY AB/S (ASAZY), Stanley Black & Decker (SWK), Cintas (CTAS), SANDVIK AB/ADR (SDVKY), W W Grainger (GWW), Ball (BLL), Ferguson (FERGY), Tenaris (TS), Xylem (XYL) and TORAY INDUSTRIE/ADR (TRYIY).
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)
- Ms. Leigh Ann C. Fisher, Chief Admin. Officer & Exec. VP (Age 51)
- Mr. Jeffrey D. Heeter, Exec. VP, Gen. Counsel & Sec. (Age 52)
- Mr. Tómas Már Sigurdsson, Sr. VP of Strategic Alliances (Age 49)
Who are Alcoa's major shareholders?
Alcoa's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Capital World Investors (12.65%), Vanguard Group Inc (8.85%), Vanguard Group Inc. (8.85%), Capital Research Global Investors (6.68%), BlackRock Inc. (4.93%) and Alliancebernstein L.P. (3.12%). 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 institutional investors are selling Alcoa stock?
AA stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, AQR Capital Management LLC, Renaissance Technologies LLC, Morgan Stanley, Vanguard Group Inc., Vanguard Group Inc, Prudential Financial Inc. and Hsbc Holdings PLC. 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 institutional investors are buying Alcoa stock?
AA stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, FMR LLC, Dimensional Fund Advisors LP, Schroder Investment Management Group, Thrivent Financial for Lutherans, Alliancebernstein L.P., Systematic Financial Management LP and Scopus Asset Management L.P.. 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 $28.24.
How big of a company is Alcoa?
Alcoa has a market capitalization of $5.24 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.
