James Owens - Alcoa Corp Independent Director

AA Stock  USD 31.03  0.59  1.94%   

Director

Mr. James W. Owens serves as Director of the Company. Mr. Owens served as Vice Chairman of Caterpillar from December 2003 to February 2004 and as Group President from 1995 to 2003 responsible at various times for 13 of the companys 25 divisions. Mr. Owens joined Caterpillar in 1972 as a corporate economist and was named chief economist of Caterpillar Overseas S.A. in Geneva Switzerland in 1975. From 1980 until 1987 he held managerial positions in the Accounting and Product Source Planning Departments. In 1987 he became managing director of P.T. Natra Raya Caterpillars joint venture in Indonesia. He held that position until 1990 when he was elected a Corporationrationrate Vice President and named President of Solar Turbines Incorporated a Caterpillar subsidiary in San Diego California. In 1993 he was elected Vice President and Chief Financial Officer. In addition to his public company board memberships Mr. Owens serves as a senior advisor to Kohlberg Kravis Roberts Co. L.P. a global asset manager working in private equity and fixed income. His other major affiliations include the Peterson Institute for International Economics and the Council on Foreign Relations. Mr. Owens was Chairman of Caterpillar Inc. from 2004 to 2010. He was also former Chairman and Executive Committee member of the Business Council. since 2016.
Age 72
Tenure 8 years
Address 201 Isabella Street, Pittsburgh, PA, United States, 15212-5858
Phone412 315 2900
Webhttps://www.alcoa.com
Owens joined Caterpillar in 1972 as a corporate economist and was named chief economist of Caterpillar Overseas S.A. in Geneva, Switzerland in 1975. From 1980 until 1987, he held managerial positions in the Accounting and Product Source Planning Departments. In 1987, he became managing director of P.T. Natra Raya, Caterpillar’s joint venture in Indonesia. He held that position until 1990, when he was elected a Corporationrationrationrate Vice President and named President of Solar Turbines Incorporated, a Caterpillar subsidiary in San Diego, California. In 1993, he was elected Vice President and Chief Financial Officer.

Alcoa Corp Management Efficiency

The current year's Return On Capital Employed is expected to grow to -0.03. The current year's Return On Assets is expected to grow to -0.04. At present, Alcoa Corp's Net Tangible Assets are projected to decrease significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 46.1 M, whereas Total Assets are forecasted to decline to about 12.7 B. Alcoa Corp's management efficiency ratios could be used to measure how well Alcoa Corp manages its routine affairs as well as how well it operates its assets and liabilities.
The company reports 1.81 B of total liabilities with total debt to equity ratio (D/E) of 0.26, which may suggest the company is not taking enough advantage from financial leverage. Alcoa Corp has a current ratio of 1.77, which is generally considered normal. Debt can assist Alcoa Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Alcoa Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Alcoa Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alcoa to invest in growth at high rates of return. When we think about Alcoa Corp's use of debt, we should always consider it together with cash and equity.

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Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania. Alcoa Corp operates under Aluminum classification in the United States and is traded on New York Stock Exchange. It employs 12200 people. Alcoa Corp (AA) is traded on New York Stock Exchange in USA. It is located in 201 Isabella Street, Pittsburgh, PA, United States, 15212-5858 and employs 13,600 people. Alcoa Corp is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Alcoa Corp Leadership Team

Elected by the shareholders, the Alcoa Corp's board of directors comprises two types of representatives: Alcoa Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Alcoa. The board's role is to monitor Alcoa Corp's management team and ensure that shareholders' interests are well served. Alcoa Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Alcoa Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Julie Richardson, Director
Leigh Fisher, Executive Vice President and Chief Administrative Officer, overseeing Human Resources, Shared Services, Procurement and Information Technology
Matthew Reed, Executive COO
Reyes, President of Alcoa Corporation’s Aluminum Business Unit
Carol Roberts, Independent Director
Kathryn Fuller, Independent Director
Vasantha Nair, Executive Vice President - Human Resources and Environment, Health, Safety and Sustainability
Mary Citrino, Independent Director
Benjamin Kahrs, Executive Vice President Chief Innovation Officer
John Plant, Director
Tim Myers, President - Alcoa Building & Construction Systems
Ken Giacobbe, CFO, Executive Vice President
Leo Reif, Director
Olivier Jarrault, Executive VP, Member of Executive Council and Group President of Engineered Products and Solutions
Pasquale Fiore, Independent Director
Tammi Jones, Chief Human Resource Officer, Executive Vice President
Patricia Russo, Independent Director
Roy Harvey, Executive Vice President Human Resources and Environment, Health, Safety and Sustainability
Andrew Hastings, Executive Counsel
Robert Collins, Vice President Controller
John Slaven, Chief Operating Officer, Executive Vice President
Nicol Gagstetter, Executive Officer
Martin Sorrell, Independent Director
Suzanne Sitherwood, Independent Director
Kelly Pasterick, Director- Investor Relations
James Dwyer, Vice Relations
Paul Myron, Vice President Controller
Stanley ONeal, Director
Kate Ramundo, Executive Vice President Chief Legal Officer and Corporate Secretary
Arthur Collins, Independent Director
Jeffrey Heeter, Executive Vice President General Counsel, Secretary
Ernesto Zedillo, Independent Director
Kay Meggers, Executive VP, Member of Executive Council and Global President of Global Rolled Products
Heather Hudak, Senior Tax
Ulrich Schmidt, Director
Michael Morris, Non-Executive Independent Chairman of the Board
Ernesto Leon, Independent Director
Kelly Thomas, Executive Vice President Chief Commercial Officer
Molly Beerman, Executive CFO
Thomas Gorman, Independent Director
marissa Earnest, Senior Vice President Chief Governance Counsel, Secretary
Renato Bacchi, Executive Vice President Chief Strategy Officer
Michael Parker, President of Alcoa Corporation’s Alumina business unit
James Hughes, Independent Director
Christoph Kollatz, Executive Vice President - Corporate Development, Strategy and New Ventures
Garret Dixon, President - Alcoa Corporation’s Bauxite business unit
Amy Alving, Director
Timothy Myers, President - Alcoa Building & Construction Systems
James Nevels, Independent Director
Sean Mahoney, Director
James Owens, Independent Director
Steven Williams, Non-Executive Independent Chairman of the Board
Catherine Garfinkel, Compliance Ethics
Audrey Strauss, Chief Legal Officer, Executive VP, Corporate Secretary and Member of Executive Council
Timothy Flynn, Independent Director
Timothy Reyes, Executive Vice President and Chief Commercial Officer
Ratan Tata, Independent Director
Karl Tragl, President - Transportation and Construction Solutions Group
Sonya Harden, Executive Vice President Chief External Affairs Officer
Rajiv Gupta, Director
Klaus Kleinfeld, Chairman of the Board, CEO
Tomas Sigurdsson, Senior Vice President, Strategic Alliances
William Oplinger, CFO, Executive VP and Member of Executive Council
Renee Henry, Controller VP
Jose Drummond, President of Latin America

Alcoa Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Alcoa Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Alcoa Corp Investors Sentiment

The influence of Alcoa Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Alcoa. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Alcoa Corp's public news can be used to forecast risks associated with an investment in Alcoa. The trend in average sentiment can be used to explain how an investor holding Alcoa can time the market purely based on public headlines and social activities around Alcoa Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Alcoa Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Alcoa Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Alcoa Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Alcoa Corp.

Alcoa Corp Implied Volatility

    
  68.85  
Alcoa Corp's implied volatility exposes the market's sentiment of Alcoa Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alcoa Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Alcoa Corp stock will not fluctuate a lot when Alcoa Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alcoa Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alcoa Corp's short interest history, or implied volatility extrapolated from Alcoa Corp options trading.

Pair Trading with Alcoa Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alcoa Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alcoa Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Alcoa Stock

  0.61DC Dakota Gold CorpPairCorr
The ability to find closely correlated positions to Alcoa Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alcoa Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alcoa Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alcoa Corp to buy it.
The correlation of Alcoa Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alcoa Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alcoa Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alcoa Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Alcoa Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alcoa Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alcoa Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alcoa Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcoa Corp. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.
Note that the Alcoa Corp information on this page should be used as a complementary analysis to other Alcoa Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running Alcoa Corp's price analysis, check to measure Alcoa Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alcoa Corp is operating at the current time. Most of Alcoa Corp's value examination focuses on studying past and present price action to predict the probability of Alcoa Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alcoa Corp's price. Additionally, you may evaluate how the addition of Alcoa Corp to your portfolios can decrease your overall portfolio volatility.
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Is Alcoa Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alcoa Corp. If investors know Alcoa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alcoa Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.81
Dividend Share
0.4
Earnings Share
(3.65)
Revenue Per Share
59.275
Quarterly Revenue Growth
(0.03)
The market value of Alcoa Corp is measured differently than its book value, which is the value of Alcoa that is recorded on the company's balance sheet. Investors also form their own opinion of Alcoa Corp's value that differs from its market value or its book value, called intrinsic value, which is Alcoa Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alcoa Corp's market value can be influenced by many factors that don't directly affect Alcoa Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alcoa Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alcoa Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcoa Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.