Alcoa Stock Analysis

AA -  USA Stock  

USD 38.27  0.69  1.77%

The modest gains experienced by current holders of Alcoa Corp could raise concerns from investors as the firm it trading at a share price of 38.27 on 5,562,579 in volume. The company directors and management have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in June. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.43. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Alcoa Corp partners.
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The Alcoa Corp stock analysis report makes it easy to digest most publicly released information about Alcoa Corp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Alcoa Stock analysis module also helps to analyze the Alcoa Corp price relationship with some important fundamental indicators such as market cap and management efficiency.

Alcoa Stock Analysis Notes

About 82.0% of the company shares are held by institutions such as insurance companies. The book value of Alcoa Corp was presently reported as 17.4. The company has Price/Earnings To Growth (PEG) ratio of 0.04. Alcoa Corp recorded a loss per share of 0.4. The entity next dividend is scheduled to be issued on the August 3, 2016. The firm had 2:1 split on the 1st of November 2016. Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, 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 12900 people. For more info on Alcoa Corp please contact Klaus Kleinfeld at 412 315-2900 or go to www.alcoa.com.

Alcoa Corp Quarterly Cost of Revenue

2.29 BillionShare

Alcoa Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Alcoa Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Alcoa Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Alcoa Corp has very high historical volatility over the last 90 days
The company generated the yearly revenue of 9.77 B. Annual Net Loss to common stockholders was (75 M) with gross profit of 1.36 B.
Over 82.0% of the company shares are held by institutions such as insurance companies
Latest headline from pulse2.com: AA Stock 51 Target From Goldman Sachs - Pulse 2.0

Alcoa Corp Upcoming and Recent Events

Earnings reports are used by Alcoa Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Alcoa Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report13th of October 2021
Next Earnings Report19th of January 2022
Next Fiscal Quarter End30th of September 2021
Next Fiscal Year End19th of January 2022
Last Quarter Report30th of June 2021
Last Earning Announcement30th of September 2020

Alcoa Largest EPS Surprises

Earnings surprises can significantly impact Alcoa Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2020-07-15
2020-06-30-0.0514-0.020.031461 
2019-07-17
2019-06-30-0.0632-0.010.053284 
2020-04-22
2020-03-31-0.1706-0.23-0.059434 
View All Earnings Estimates

Alcoa Corp SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Alcoa Corp prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Alcoa Corp investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Alcoa Corp specific information freely available to individual and institutional investors to make a timely investment decision.
15th of July 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
12th of July 2021
Unclassified Corporate Event
View
28th of June 2021
Financial Statements and Exhibits. Other Events
View
11th of May 2021
Submission of Matters to a Vote of Security Holders
View
15th of April 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
6th of April 2021
Financial Statements and Exhibits. Completion of Acquisition or Disposition of Assets
View
24th of March 2021
Financial Statements and Exhibits. Other Events. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
View
18th of March 2021
Financial Statements and Exhibits. Other Events
View

Alcoa Corp Thematic Classifications

In addition to having Alcoa Corp stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Steel Works Etc IdeaSteel Works Etc
USA Equities from Steel Works Etc industry as classified by Fama & French
Aluminum IdeaAluminum
Aluminum production

Alcoa Market Capitalization

The company currently falls under 'Mid-Cap' category with market capitalization of 6.92 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alcoa Corp's market, we take the total number of its shares issued and multiply it by Alcoa Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Alcoa Profitablity

Alcoa Corp's profitability indicators refer to fundamental financial ratios that showcase Alcoa Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Alcoa Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Alcoa Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Alcoa Corp's profitability requires more research than a typical breakdown of Alcoa Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin (PM) of (0.77) %, which may indicate that it does not properly execute on its own pricing strategies. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 12.89 %, which signifies that for every $100 of sales, it has a net operating income of 0.13.
Last ReportedProjected for 2021
Return on Investment 3.47  5.00 
Return on Average Assets(0.012) (0.0129) 
Return on Average Equity(0.046) (0.0496) 
Return on Invested Capital 0.013  0.0167 
Return on Sales 0.018  0.0194 

Management Efficiency

The entity has Return on Asset (ROA) of 2.6 % which means that for every $100 of asset, it generated profit of $2.6. This is way below average. Likewise, it shows return on total equity (ROE) of 1.24 %, which means that it produced $1.24 on every 100 dollars invested by current stockholders. Alcoa Corp 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. Alcoa Corp Return on Investment is projected to increase based on the last few years of reporting. The past year's Return on Investment was at 3.47. The current year Return on Invested Capital is expected to grow to 0.0167, whereas Return on Average Assets are forecasted to decline to (0.0129) . Alcoa Corp Assets Non Current are projected to decrease significantly based on the last few years of reporting. The past year's Assets Non Current were at 10.34 Billion. The current year Total Assets Per Share is expected to grow to 91.92, whereas Total Assets are forecasted to decline to about 14.7 B.
Last ReportedProjected for 2021
Book Value per Share 17.81  21.80 
Enterprise Value over EBIT 31.00  35.68 
Enterprise Value over EBITDA 6.24  6.40 
Price to Book Value 1.29  1.21 
Tangible Assets Book Value per Share 79.92  78.62 
Enterprise Value5.1 B5.3 B
Tangible Asset Value14.9 B14.7 B

Technical Drivers

As of the 27th of July, Alcoa Corp shows the risk adjusted performance of 0.0518, and Mean Deviation of 2.69. Alcoa Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Alcoa Corp, which can be compared to its rivals. Please confirm Alcoa Corp mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and information ratio to decide if Alcoa Corp is priced correctly, providing market reflects its regular price of 38.27 per share. Given that Alcoa Corp has jensen alpha of 0.0975, we suggest you to validate Alcoa Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Alcoa Corp Price Movement Analysis

The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Alcoa Corp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Alcoa Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target. View also all equity analysis or get more info about bollinger bands overlap studies indicator.

Alcoa Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Alcoa Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Alcoa Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Alcoa Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Steven Williams over two weeks ago via Macroaxis 
Acquisition by Steven Williams of 1850 shares of Alcoa Corp subject to Rule 16b-3
Jeffrey Heeter over a month ago via Macroaxis 
Sale by Jeffrey Heeter of 23089 shares of Alcoa Corp
Jeffrey Heeter over a month ago via Macroaxis 
Sale by Jeffrey Heeter of 23089 shares of Alcoa Corp
Gorman Thomas Joseph over two months ago via Macroaxis 
Acquisition by Gorman Thomas Joseph of 3655 shares of Alcoa Corp subject to Rule 16b-3
Timothy Reyes over two months ago via Macroaxis 
Exercise or conversion by Timothy Reyes of 12260 shares of Alcoa Corp subject to Rule 16b-3
Benjamin Kahrs over two months ago via Macroaxis 
Exercise or conversion by Benjamin Kahrs of 16574 shares of Alcoa Corp subject to Rule 16b-3
Tammi Jones over two months ago via Macroaxis 
Alcoa Corp exotic insider transaction detected
Timothy Reyes over two months ago via Macroaxis 
Exercise or conversion by Timothy Reyes of 12260 shares of Alcoa Corp subject to Rule 16b-3
Jeffrey Heeter over three months ago via Macroaxis 
Exercise or conversion by Jeffrey Heeter of 12260 shares of Alcoa Corp subject to Rule 16b-3
Roy Harvey over three months ago via Macroaxis 
Exercise or conversion by Roy Harvey of 4625 shares of Alcoa Corp subject to Rule 16b-3
Steven Williams over three months ago via Macroaxis 
Acquisition by Steven Williams of 21 shares of Alcoa Corp subject to Rule 16b-3
Jones Tammi A over three months ago via Macroaxis 
Exercise or conversion by Jones Tammi A of 2214 shares of Alcoa Corp subject to Rule 16b-3

Alcoa Corp Outstanding Bonds

Alcoa Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Alcoa Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Alcoa bonds can be classified according to their maturity, which is the date when Alcoa Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
MaturityCouponRating
ALCOA INC 5902/01/20275.9
BBB-
ALCOA INC 59502/01/20375.95
BBB-
Alcoa 02232022 58702/23/20225.87
BBB-
Arconic, 5125 percent10/01/20245.125
BBB-
Howmet Aerospace, 67501/15/20286.75
BBB-

Alcoa Corp Technical and Predictive Indicators

Alcoa Corp Forecast Models

Alcoa Corp time-series forecasting models is one of many Alcoa Corp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Alcoa Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Alcoa Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Alcoa Corp stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Alcoa shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Alcoa Corp. By using and applying Alcoa Stock analysis, traders can create a robust methodology for identifying Alcoa entry and exit points for their positions.
Last ReportedProjected for 2021
Operating Margin 2.19  2.36 
EBITDA Margin 0.09  0.08 
Gross Margin 0.14  0.18 
Profit Margin(0.018) (0.0194) 
Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, 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 12900 people.

Current Alcoa Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Alcoa analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Alcoa analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
44.38Buy8Odds
Alcoa Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Alcoa analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Alcoa stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Alcoa Corp, talking to its executives and customers, or listening to Alcoa conference calls.
Alcoa Analyst Advice Details

Alcoa Stock Analysis Indicators

Alcoa Corp stock analysis indicators help investors evaluate how Alcoa Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Alcoa Corp shares will generate the highest return on investment. By understating and applying Alcoa Corp stock analysis, traders can identify Alcoa Corp position entry and exit signals to maximize returns.
Quick Ratio1.00
Trailing Annual Dividend Rate0.36
Fifty Two Week Low10.98
Revenue Growth20.50%
Average Daily Volume Last 10 Day10.63M
Shares Short Prior Month10.17M
Average Daily Volume In Three Month7.58M
Earnings Growth116.30%
Shares Percent Shares Out5.36%
Earnings Quarterly Growth118.80%
Gross Margins16.15%
Forward Price Earnings8.31
Short Percent Of Float5.37%
Float Shares186.01M
Fifty Two Week High44.42
Fifty Day Average36.07
Enterprise Value To Ebitda7.07
Two Hundred Day Average31.44
Enterprise Value To Revenue0.91
Trailing Annual Dividend Yield0.97%
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When running Alcoa Corp 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 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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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 underlying business (such as 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 Alcoa Corp value 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.