Arconic Stock Forecast, Price & News

Arconic's stock was trading at $22.11 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ARNC stock has increased by 13.7% and is now trading at $25.14.
View which stocks have been most impacted by COVID-19.

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Arconic in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Arconic stock.
View analyst ratings for Arconic or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Arconic a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Arconic wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

73 employees have rated Arconic CEO Mr. John C. Plant on Glassdoor.com. Mr. John C. Plant has an approval rating of 34% among Arconic's employees. This puts Mr. John C. Plant in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Arconic is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Arconic.

Arconic Co. (NYSE:ARNC) announced its earnings results on Thursday, November, 5th. The basic materials company reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by $0.09. The basic materials company earned $1.42 billion during the quarter, compared to the consensus estimate of $1.39 billion. Arconic had a net margin of 2.97% and a trailing twelve-month return on equity of 10.05%. Arconic's quarterly revenue was down 60.2% on a year-over-year basis.
View Arconic's earnings history.

Arconic updated its FY 2020 Pre-Market earnings guidance on Thursday, November, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $5.6-5.7 billion, compared to the consensus revenue estimate of $5.76 billion.

6 equities research analysts have issued twelve-month target prices for Arconic's shares. Their forecasts range from $17.00 to $38.00. On average, they expect Arconic's share price to reach $30.67 in the next year. This suggests a possible upside of 22.0% from the stock's current price.
View analysts' price targets for Arconic or view Wall Street analyst' top-rated stocks.

Arconic saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 2,560,000 shares, an increase of 23.1% from the December 15th total of 2,080,000 shares. Based on an average trading volume of 771,200 shares, the days-to-cover ratio is presently 3.3 days.
View Arconic's Short Interest.

Some companies that are related to Arconic include Howmet Aerospace (HWM), Mueller Industries (MLI), Kaiser Aluminum (KALU), Encore Wire (WIRE), Quanex Building Products (NX), Tredegar (TG) and Technology General (TCGN).
View all of ARNC's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Arconic investors own include Alcoa (AA), Bank of America (BAC), Cisco Systems (CSCO), The Boeing (BA), General Electric (GE), Advanced Micro Devices (AMD), AT&T (T), Micron Technology (MU), NVIDIA (NVDA) and QUALCOMM (QCOM).

Arconic trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARNC."

Arconic's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Deroy & Devereaux Private Investment Counsel Inc. (0.58%), Balasa Dinverno & Foltz LLC (0.07%), TB Alternative Assets Ltd. (0.07%), State of Alaska Department of Revenue (0.07%), Strs Ohio (0.03%) and Hennessy Advisors Inc. (0.02%). Company insiders that own Arconic stock include Diana Toman, Erick R Asmussen, Frederick A Henderson, International LP Elliott, James F Albaugh, John C Plant, Katherine H Ramundo, Rajiv Gupta, Timothy Donald Myers and W Paul Myron.
View institutional ownership trends for Arconic.

ARNC stock was sold by a variety of institutional investors in the last quarter, including TB Alternative Assets Ltd., State of Alaska Department of Revenue, Balasa Dinverno & Foltz LLC, Strs Ohio, and Hennessy Advisors Inc..
View insider buying and selling activity for Arconic or view top insider-selling stocks.

ARNC stock was acquired by a variety of institutional investors in the last quarter, including Deroy & Devereaux Private Investment Counsel Inc., Crossmark Global Holdings Inc., Nisa Investment Advisors LLC, and International Assets Investment Management LLC. Company insiders that have bought Arconic stock in the last two years include Diana Toman, Erick R Asmussen, Frederick A Henderson, James F Albaugh, John C Plant, and Rajiv Gupta.
View insider buying and selling activity for Arconic or or view top insider-buying stocks.

Shares of ARNC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ARNC stock can currently be purchased for approximately $25.14.

Arconic has a market capitalization of $2.74 billion and generates $7.28 billion in revenue each year. Arconic employs 15,400 workers across the globe.

The official website for Arconic is www.arconic.com.

Arconic's mailing address is 201 Isabella Street Suite 400, Pittsburgh PA, 15212. The basic materials company can be reached via phone at 412-992-2500.