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 Ratio11.68
Forward P/E Ratio9.45
P/E Growth1.02
Sales & Book Value
Annual Sales$11.65 billion
Price / Sales0.56
Cash Flow$7.40 per share
Price / Cash4.75
Book Value$39.06 per share
Price / Book0.90
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$6.29 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 announced that its board has authorized a share buyback program on Wednesday, October 17th 2018, which allows the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 2.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors 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 EPS for the quarter, beating the Zacks' consensus estimate 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 positive return on equity of 10.38% and a negative net margin of 0.09%. The business's revenue was up 14.4% on a year-over-year basis. During the same period 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 brokerages have issued twelve-month target prices for Alcoa's shares. Their forecasts range from $50.00 to $79.00. On average, they anticipate Alcoa's stock price to reach $62.6429 in the next twelve months. This suggests a possible upside of 78.2% 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?
Media stories about AA stock have trended somewhat negative on Wednesday, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Alcoa earned a news impact score of -1.1 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the stock's share price in the near future.
Who are some of Alcoa's key competitors?
Some companies that are related to Alcoa include Ingersoll-Rand (IR), Parker-Hannifin (PH), Rockwell Automation (ROK), ASSA ABLOY AB/S (ASAZY), Kubota (KUBTY), ATLAS COPCO AB/S (ATLKY), Cintas (CTAS), SANDVIK AB/ADR (SDVKY), Stanley Black & Decker (SWK), Tenaris (TS), W W Grainger (GWW), Ball (BLL), Ferguson (FERGY), TORAY INDUSTRIE/ADR (TRYIY) and Dover (DOV).
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 many different of institutional and retail investors. Top institutional shareholders include Capital World Investors (12.65%), Capital Research Global Investors (6.68%), BlackRock Inc. (4.93%), Alliancebernstein L.P. (3.12%), Dimensional Fund Advisors LP (2.31%) and Schroder Investment Management Group (1.34%). 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, Renaissance Technologies LLC, Prudential Financial Inc., Hsbc Holdings PLC, First Trust Advisors LP, Russell Investments Group Ltd., Pendal Group Ltd and Allianz 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 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, Alliancebernstein L.P., Systematic Financial Management LP, BlackRock Inc. and Quantbot Technologies LP. 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 $35.15.
How big of a company is Alcoa?
Alcoa has a market capitalization of $6.29 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.
