NYSE:AAAlcoa Stock Price, Forecast & News

Alcoa's stock was trading at $9.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AA shares have increased by 24.0% and is now trading at $11.41. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alcoa in the last year. There are currently 10 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) posted its quarterly earnings data on Wednesday, April, 22nd. The industrial products company reported ($0.23) EPS for the quarter, beating the consensus estimate of ($0.29) by $0.06. The industrial products company had revenue of $2.38 billion for the quarter, compared to analyst estimates of $2.37 billion. Alcoa had a negative net margin of 8.38% and a negative return on equity of 2.93%. The company's revenue was down 12.4% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.23) earnings per share. View Alcoa's earnings history.

Alcoa announced that its board has approved a share repurchase 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 purchase up to 2.9% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its stock is undervalued.

Alcoa issued an update on its second quarter 2020 Pre-Market earnings guidance on Wednesday, July, 8th. The company provided EPS guidance of -0.08-0.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.54. The company issued revenue guidance of $2.1-2.175 billion, compared to the consensus revenue estimate of $2.09 billion.

13 brokers have issued 1 year target prices for Alcoa's shares. Their forecasts range from $8.00 to $25.00. On average, they anticipate Alcoa's share price to reach $15.47 in the next twelve months. This suggests a possible upside of 35.6% from the stock's current price. View analysts' price targets for Alcoa.

Press coverage about AA stock has been trending neutral recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Alcoa earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Alcoa.

Alcoa saw a increase in short interest in 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 volume of 9,930,000 shares, the days-to-cover ratio is presently 1.2 days. Approximately 6.4% of the shares of the stock are sold short. View Alcoa's Current Options Chain.

Some companies that are related to Alcoa include A. O. Smith (AOS), AptarGroup (ATR), TORAY INDUSTRIE/ADR (TRYIY), Cimic Group (CIM), Tenaris (TS), DAI NIPPON PRTG/S (DNPLY), KION GRP AG/ADR (KIGRY), Hubbell (HUBB), Pentair (PNR), ASAHI GLASS/ADR (ASGLY), GEA Group Aktiengesellschaft (GEAGY), HITACHI CONSTR/ADR (HTCMY), Axon Enterprise (AAXN), Norsk Hydro ASA (NHYDY) and Reliance Steel & Aluminum (RS). 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."

Alcoa's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.02%) and Envestnet Asset Management Inc. (0.01%). View institutional ownership trends for Alcoa.

AA stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC. View insider buying and selling activity for Alcoa.

AA stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of AA stock can currently be purchased for approximately $11.41.

Alcoa has a market capitalization of $2.12 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]