NYSE:AAAlcoa Stock Price, Forecast & News

Alcoa's stock was trading at $9.20 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, AA shares have increased by 19.2% and is now trading at $10.97. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alcoa in the last year. There are currently 11 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Alcoa.

Alcoa is scheduled to release its next quarterly earnings announcement on Wednesday, July 15th 2020. View our earnings forecast for Alcoa.

Alcoa will be holding an earnings conference call on Wednesday, July 15th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Alcoa Corp (NYSE:AA) issued its quarterly earnings data on Wednesday, April, 22nd. The industrial products company reported ($0.23) EPS for the quarter, beating the Zacks' consensus estimate of ($0.29) by $0.06. The industrial products company earned $2.38 billion during the quarter, compared to analysts' expectations of $2.37 billion. Alcoa had a negative net margin of 8.38% and a negative return on equity of 2.93%. Alcoa's revenue for the quarter was down 12.4% on a year-over-year basis. During the same period in the previous year, the business earned ($0.23) EPS. View Alcoa's earnings history.

Alcoa declared that its board has authorized a share repurchase program on Wednesday, October 17th 2018, which allows the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 2.9% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's management believes its stock is undervalued.

14 Wall Street analysts have issued 12-month price targets for Alcoa's shares. Their forecasts range from $8.00 to $25.00. On average, they expect Alcoa's stock price to reach $16.34 in the next twelve months. This suggests a possible upside of 48.9% from the stock's current price. View analysts' price targets for Alcoa.

News headlines about AA stock have been trending negative on Monday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Alcoa earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Alcoa.

Alcoa saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 11,800,000 shares, an increase of 6.8% from the May 31st total of 11,050,000 shares. Based on an average daily trading volume, of 9,930,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 6.4% of the company's shares are sold short. View Alcoa's Current Options Chain.

Some companies that are related to Alcoa include Graco (GGG), Mitsubishi Heavy Industries (MHVYF), Tenaris (TS), A. O. Smith (AOS), TORAY INDUSTRIE/ADR (TRYIY), AptarGroup (ATR), DAI NIPPON PRTG/S (DNPLY), Cimic Group (CIM), KION GRP AG/ADR (KIGRY), Hubbell (HUBB), ASAHI GLASS/ADR (ASGLY), Pentair (PNR), Reliance Steel & Aluminum (RS), Axon Enterprise (AAXN) and Berry Global Group (BERY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Alcoa investors own include Bank of America (BAC), Ford Motor (F), Micron Technology (MU), General Electric (GE), Alibaba Group (BABA), Intel (INTC), Advanced Micro Devices (AMD), AT&T (T), Arconic (ARNC) and NVIDIA (NVDA).

Alcoa trades on the New York Stock Exchange (NYSE) under the ticker symbol "AA."

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, Robinhood, Fidelity, and Charles Schwab.

One share of AA stock can currently be purchased for approximately $10.97.

Alcoa has a market capitalization of $2.04 billion and generates $10.43 billion in revenue each year. The industrial products company earns $-1,125,000,000.00 in net income (profit) each year or ($0.99) on an earnings per share basis. Alcoa employs 13,800 workers across the globe.

The official website for Alcoa is www.alcoa.com.

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]