Arconic Inc. engineers, manufactures, and sells lightweight metals of aluminum, titanium, and nickel worldwide. It operates through three segments: Engineered Products and Solutions, Global Rolled Products, and Transportation and Construction Solutions. The Engineered Products and Solutions produces and sells fastening systems and seamless rolled rings; investment castings, including airfoils and forged jet engine components; and extruded, machined, and formed aircraft parts, as well as various forged, extruded, and machined metal products. This segment serves commercial and defense aerospace, commercial transportation, and power generation end markets. The Global Rolled Products segment produces and sells aluminum sheets and plates; and aseptic foils. This segment serves commercial and defense aerospace, commercial transportation, and power generation end markets. The Transportation and Construction Solutions segment produces and sells integrated aluminum structural systems, architectural extrusions, and forged aluminum commercial vehicle wheels, as well as aluminum products for the industrial products end market. This segment serves nonresidential building and construction, and commercial transportation end markets. The company sells its products directly to customers and through distributors. Arconic Inc. was founded in 2016 and is based in New York, New York.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Rolling, drawing, & extruding of nonferrous metals
Sub-IndustryN/A
SectorBasic Materials
SymbolNYSE:ARNC
CUSIPN/A
Phone212-836-2732
Debt
Debt-to-Equity Ratio1.22
Current Ratio2.04
Quick Ratio1.15
Price-To-Earnings
Trailing P/E Ratio17.38
Forward P/E Ratio16.96
P/E Growth0.83
Sales & Book Value
Annual Sales$12.96 billion
Price / Sales0.79
Cash Flow$3.9925 per share
Price / Cash5.31
Book Value$10.12 per share
Price / Book2.09
Profitability
EPS (Most Recent Fiscal Year)$1.22
Net Income$-74,000,000.00
Net Margins-2.55%
Return on Equity12.06%
Return on Assets3.43%
Miscellaneous
Employees41,500
Outstanding Shares482,950,000
Market Cap$10.05 billion
Arconic (NYSE:ARNC) Frequently Asked Questions
What is Arconic's stock symbol?
Arconic trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARNC."
How often does Arconic pay dividends? What is the dividend yield for Arconic?
Arconic announced a quarterly dividend on Friday, May 18th. Shareholders of record on Friday, August 3rd will be paid a dividend of $0.06 per share on Saturday, August 25th. This represents a $0.24 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend is Thursday, August 2nd. View Arconic's Dividend History.
How were Arconic's earnings last quarter?
Arconic Inc (NYSE:ARNC) announced its earnings results on Tuesday, July, 31st. The basic materials company reported $0.37 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.29 by $0.08. The basic materials company earned $3.57 billion during the quarter, compared to analyst estimates of $3.49 billion. Arconic had a negative net margin of 2.55% and a positive return on equity of 12.06%. The firm's revenue for the quarter was up 9.6% on a year-over-year basis. During the same period last year, the company posted $0.32 EPS. View Arconic's Earnings History.
When is Arconic's next earnings date?
What guidance has Arconic issued on next quarter's earnings?
Arconic issued an update on its FY18 earnings guidance on Tuesday, July, 31st. The company provided EPS guidance of $1.17-1.27 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.23. The company issued revenue guidance of $13.7-14.0 billion, compared to the consensus revenue estimate of $13.85 billion.
What price target have analysts set for ARNC?
12 analysts have issued 1-year target prices for Arconic's stock. Their forecasts range from $15.00 to $34.00. On average, they expect Arconic's share price to reach $25.6364 in the next year. This suggests a possible upside of 20.9% from the stock's current price. View Analyst Price Targets for Arconic.
What is the consensus analysts' recommendation for Arconic?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arconic in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Arconic.
Who are some of Arconic's key competitors?
Who are Arconic's key executives?
Arconic's management team includes the folowing people:
- Mr. Kenneth J. Giacobbe, Chief Financial Officer, Exec. VP and Member of Exec. Council (Age 52)
- Ms. Katherine Hargrove Ramundo, Exec. VP, Chief Legal Officer, Sec. & Member of Exec. Council (Age 50)
- Mr. Timothy Donald Myers, Exec. VP & Member of Exec. Council (Age 52)
- Mr. Eric V. Roegner, Former EVP, Member of Exec. Council and Group Pres of Engineered Products & Solutions (Age 48)
- Mr. Charles P. Blankenship Jr., CEO & Director
Has Arconic been receiving favorable news coverage?
Headlines about ARNC stock have trended somewhat positive on Tuesday, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Arconic earned a news and rumor sentiment score of 0.14 on Accern's scale. They also gave news articles about the basic materials company an impact score of 46.64 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Arconic.
Who are Arconic's major shareholders?
Arconic's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.31%), Canyon Capital Advisors LLC (1.49%), Canyon Capital Advisors LLC (1.49%), Dimensional Fund Advisors LP (1.17%), Fairpointe Capital LLC (0.98%) and Boston Partners (0.68%). Company insiders that own Arconic stock include Associates LP Elliott, Christopher L Ayers, David P Hess, Elmer L Doty, International LP Elliott, James F Albaugh, Patrice E Merrin, Patricia F Russo and Ulrich Schmidt. View Institutional Ownership Trends for Arconic.
Which major investors are selling Arconic stock?
ARNC stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Bank of America Corp DE, Robecosam AG, BNP Paribas Arbitrage SA, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Raymond James & Associates, Mackay Shields LLC and Employees Retirement System of Texas. View Insider Buying and Selling for Arconic.
Which major investors are buying Arconic stock?
ARNC stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, BlackRock Inc., Bank of Nova Scotia, DnB Asset Management AS, Advisors Asset Management Inc., Dimensional Fund Advisors LP, Fairpointe Capital LLC and Formula Growth Ltd.. Company insiders that have bought Arconic stock in the last two years include Associates LP Elliott, Christopher L Ayers, David P Hess, Elmer L Doty, International LP Elliott, James F Albaugh, Patrice E Merrin, Patricia F Russo and Ulrich Schmidt. View Insider Buying and Selling for Arconic.
How do I buy shares of Arconic?
Shares of ARNC 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 Arconic's stock price today?
One share of ARNC stock can currently be purchased for approximately $21.20.
How big of a company is Arconic?
Arconic has a market capitalization of $10.05 billion and generates $12.96 billion in revenue each year. The basic materials company earns $-74,000,000.00 in net income (profit) each year or $1.22 on an earnings per share basis. Arconic employs 41,500 workers across the globe.
How can I contact Arconic?
Arconic's mailing address is 390 PARK AVENUE, NEW YORK NY, 10022. The basic materials company can be reached via phone at 212-836-2732 or via email at [email protected]
MarketBeat Community Rating for Arconic (NYSE ARNC)
MarketBeat's community ratings are surveys of what our community members think about Arconic and other stocks. Vote "Outperform" if you believe ARNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ARNC will underperform the S&P 500 over the long term. You may vote once every thirty days.
