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 Ratio9.67
Forward P/E Ratio7.93
P/E Growth1.92
Sales & Book Value
Annual Sales$11.65 billion
Price / Sales0.47
Cash Flow$7.2750 per share
Price / Cash Flow4.00
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$5.30 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 of Directors has initiated a stock buyback program on Wednesday, October 17th 2018, which authorizes the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 2.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its stock is undervalued.
How were Alcoa's earnings last quarter?
Alcoa Corp (NYSE:AA) announced its quarterly earnings data on Wednesday, October, 17th. The industrial products company reported $0.63 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.36 by $0.27. The industrial products company earned $3.39 billion during the quarter, compared to analysts' expectations of $3.35 billion. Alcoa had a negative net margin of 0.09% and a positive return on equity of 10.38%. The business's quarterly revenue was up 14.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.72 earnings per share. 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 predictions range from $33.00 to $79.00. On average, they anticipate Alcoa's share price to reach $60.3571 in the next year. This suggests a possible upside of 107.4% 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?
News stories about AA stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Alcoa earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock'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), Rockwell Automation (ROK), Kubota (KUBTY), ASSA ABLOY AB/S (ASAZY), Cintas (CTAS), Stanley Black & Decker (SWK), SANDVIK AB/ADR (SDVKY), Ball (BLL), W W Grainger (GWW), Ferguson (FERGY), Tenaris (TS), TORAY INDUSTRIE/ADR (TRYIY) and Xylem (XYL).
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 a variety of of retail and institutional investors. Top institutional investors 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 major 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 major 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 $29.10.
How big of a company is Alcoa?
Alcoa has a market capitalization of $5.30 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.
