S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Bangladesh seeks China help to repatriate Rohingya refugees
NYSE:ARNC

Arconic - ARNC Stock Forecast, Price & News

$28.54
+0.89 (+3.22%)
(As of 08/5/2022 08:48 PM ET)
Add
Compare
Today's Range
$26.65
$28.83
50-Day Range
$25.50
$30.95
52-Week Range
$22.45
$36.77
Volume
1.05 million shs
Average Volume
1.10 million shs
Market Capitalization
$2.93 billion
P/E Ratio
23.02
Dividend Yield
N/A
Price Target
$38.00

Arconic MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
33.1% Upside
$38.00 Price Target
Short Interest
Healthy
2.99% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.42mentions of Arconic in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
54.66%
From $2.47 to $3.82 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.83 out of 5 stars

Industrial Products Sector

22nd out of 210 stocks

Rolling, Drawing, & Extruding Of Nonferrous Metals Industry

1st out of 8 stocks

ARNC stock logo

About Arconic (NYSE:ARNC) Stock

Arconic Corporation manufactures and sells aluminum sheets, plates, extrusions, and architectural products in the United States, Canada, China, France, Germany, Hungary, Russia, the United Kingdom, and internationally. It operates through three segments: Rolled Products, Building and Construction Systems, and Extrusions. The Rolled Products segment provides a range of aluminum sheet and plate products for ground transportation, aerospace, industrial, and packaging markets; and roofing, architectural composite panels, ventilated facades and ceiling panels, spacers, culvert pipes, and gutters for building and construction markets. The Building and Construction Systems segment provides various products and building envelope solutions, such as entrances, curtain walls, windows, composite panels, and coil coated sheets for fabricators and glazing subcontractors under the Kawneer, Reynobond, and Reynolux brands. The Extrusions segment offers extruded products, including aerospace shapes, automotive shapes, seamless tubes, hollows, mortar fins, and high strength rods and bars for ground transportation, aerospace, and industrial markets. The company offers its products directly to customers, as well as through distributors. The company was formerly known as Arconic Rolled Products Corporation and changed its name to Arconic Corporation in April 2020. Arconic Corporation was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania.

Analysts Set New Price Targets

ARNC has been the topic of a number of research reports. The Goldman Sachs Group boosted their price objective on Arconic from $32.00 to $36.00 and gave the stock a "neutral" rating in a research report on Wednesday, June 8th. Deutsche Bank Aktiengesellschaft reduced their price objective on Arconic from $40.00 to $34.00 in a research report on Thursday, May 5th. Finally, StockNews.com upgraded Arconic from a "hold" rating to a "buy" rating in a research report on Wednesday. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, Arconic presently has an average rating of "Moderate Buy" and an average target price of $38.00.

Arconic Stock Up 3.2 %

Shares of ARNC opened at $28.54 on Friday. The company has a market capitalization of $2.93 billion, a PE ratio of 23.02 and a beta of 1.60. Arconic has a 12 month low of $22.45 and a 12 month high of $36.77. The stock's 50-day moving average price is $28.33 and its two-hundred day moving average price is $27.91. The company has a current ratio of 1.63, a quick ratio of 0.66 and a debt-to-equity ratio of 0.88.

Arconic (NYSE:ARNC - Get Rating) last announced its quarterly earnings data on Tuesday, August 2nd. The basic materials company reported $1.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.33. The company had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.42 billion. Arconic had a return on equity of 9.28% and a net margin of 1.53%. The firm's revenue was up 41.5% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.05) EPS. On average, analysts anticipate that Arconic will post 2.47 EPS for the current year.

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ARNC Stock News Headlines

Arconic (NYSE:ARNC) Upgraded at StockNews.com
Arconic: Q2 Earnings Insights - Benzinga
Arconic Reports Second Quarter 2022 Results
Arconic Publishes 2021 ESG Report - Business Wire
Arconic Publishes 2021 ESG Report - Yahoo Finance
See More Headlines
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ARNC Company Calendar

Last Earnings
8/02/2022
Today
8/08/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Rolling, drawing, & extruding of nonferrous metals
Sub-Industry
N/A
CIK
4281
Fax
N/A
Employees
13,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$38.00
High Stock Price Forecast
$42.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+33.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-397,000,000.00
Pretax Margin
2.45%

Debt

Sales & Book Value

Annual Sales
$7.50 billion
Cash Flow
$3.84 per share
Book Value
$17.61 per share

Miscellaneous

Free Float
101,853,000
Market Cap
$2.93 billion
Optionable
Optionable
Beta
1.60














ARNC Stock - Frequently Asked Questions

Should I buy or sell Arconic stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arconic in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Arconic stock.
View analyst ratings for Arconic
or view top-rated stocks.

What is Arconic's stock price forecast for 2022?

4 analysts have issued twelve-month price targets for Arconic's stock. Their ARNC stock forecasts range from $34.00 to $42.00. On average, they predict Arconic's stock price to reach $38.00 in the next year. This suggests a possible upside of 33.1% from the stock's current price.
View analysts' price targets for Arconic
or view top-rated stocks among Wall Street analysts.

How has Arconic's stock performed in 2022?

Arconic's stock was trading at $33.01 at the beginning of the year. Since then, ARNC shares have decreased by 13.5% and is now trading at $28.54.
View the best growth stocks for 2022 here
.

Are investors shorting Arconic?

Arconic saw a decline in short interest during the month of July. As of July 15th, there was short interest totaling 3,110,000 shares, a decline of 23.8% from the June 30th total of 4,080,000 shares. Based on an average daily trading volume, of 968,200 shares, the days-to-cover ratio is presently 3.2 days. Approximately 3.0% of the company's stock are sold short.
View Arconic's Short Interest
.

When is Arconic's next earnings date?

Arconic is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our earnings forecast for Arconic
.

How were Arconic's earnings last quarter?

Arconic Co. (NYSE:ARNC) posted its quarterly earnings results on Tuesday, August, 2nd. The basic materials company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.72 by $0.33. The basic materials company had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.42 billion. Arconic had a net margin of 1.53% and a trailing twelve-month return on equity of 9.28%. The company's quarterly revenue was up 41.5% compared to the same quarter last year. During the same period last year, the business posted ($0.05) EPS.

What guidance has Arconic issued on next quarter's earnings?

Arconic updated its FY 2022 earnings guidance on Tuesday, August, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $9.60 billion-$10.00 billion, compared to the consensus revenue estimate of $9.35 billion.

What is Mr. John C. Plant's approval rating as Arconic's CEO?

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.

What other stocks do shareholders of Arconic own?

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), Boeing (BA), General Electric (GE), Advanced Micro Devices (AMD), AT&T (T), Micron Technology (MU), NVIDIA (NVDA) and QUALCOMM (QCOM).

What is Arconic's stock symbol?

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

Who are Arconic's major shareholders?

Arconic's stock is owned by many different retail and institutional investors. Top institutional shareholders include Deroy & Devereaux Private Investment Counsel Inc. (0.69%), Loomis Sayles & Co. L P (0.50%), New York State Teachers Retirement System (0.13%), Wolverine Asset Management LLC (0.00%), ARK Investment Management LLC (0.11%) and Russell Investments Group Ltd. (0.10%). Company insiders that own Arconic stock include Diana Toman, E Stanley Oneal, Erick R Asmussen, Frederick A Henderson, International LP Elliott, James F Albaugh, John C Plant, Katherine H Ramundo, Mark J Vrablec, Mary Zik, Melissa M Miller, Timothy Donald Myers and W Paul Myron.
View institutional ownership trends for Arconic
.

How do I buy shares of Arconic?

Shares of ARNC stock 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.
Compare Top Brokerages Here.

What is Arconic's stock price today?

One share of ARNC stock can currently be purchased for approximately $28.54.

How much money does Arconic make?

Arconic (NYSE:ARNC) has a market capitalization of $2.93 billion and generates $7.50 billion in revenue each year. The basic materials company earns $-397,000,000.00 in net income (profit) each year or $1.24 on an earnings per share basis.

How many employees does Arconic have?

Arconic employs 13,900 workers across the globe.

How can I contact Arconic?

Arconic's mailing address is 201 Isabella Street Suite 400, Pittsburgh PA, 15212. The official website for Arconic is www.arconic.com. The basic materials company can be reached via phone at 412-992-2500 or via email at investor.relations@arconic.com.

This page (NYSE:ARNC) was last updated on 8/8/2022 by MarketBeat.com Staff

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