Alcoa Corp Stock Analysis

AA Stock  USD 36.09  0.48  1.31%   
Alcoa Corp is overvalued with Real Value of 34.68 and Target Price of 35.27. The main objective of Alcoa Corp stock analysis is to determine its intrinsic value, which is an estimate of what Alcoa Corp is worth, separate from its market price. There are two main types of Alcoa Corp's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Alcoa Corp's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Alcoa Corp's stock to identify patterns and trends that may indicate its future price movements.
The Alcoa Corp stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Alcoa Corp is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Alcoa Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Alcoa Corp's ongoing operational relationships across important fundamental and technical indicators.
  
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.

Alcoa Stock Analysis Notes

About 87.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.49. Some equities with similar Price to Book (P/B) outperform the market in the long run. Alcoa Corp recorded a loss per share of 3.65. The entity last dividend was issued on the 4th of March 2024. The firm had 1000:801 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, 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. For more info on Alcoa Corp please contact Klaus Kleinfeld at 412 315 2900 or go to https://www.alcoa.com.

Alcoa Corp Quarterly Total Revenue

2.6 Billion

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 appears to be risky and price may revert if volatility continues
The company generated the yearly revenue of 10.55 B. Annual Net Loss to common stockholders was (773 M) with gross profit of 2.31 B.
Alcoa Corp has a poor financial position based on the latest SEC disclosures
Over 87.0% of the company shares are held by institutions such as insurance companies
On 21st of March 2024 Alcoa Corp paid $ 0.1 per share dividend to its current shareholders
Latest headline from aol.com: Minnesotas only Alcoa aluminum home hits market at 925,000

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.
17th of April 2024
Upcoming Quarterly Report
View
17th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
15th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

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
2016-12-01
2016-09-300.040.02-0.0250 
2017-01-24
2016-12-310.20.14-0.0630 
2018-04-18
2018-03-310.70.770.0710 
View All Earnings Estimates

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.
Macroaxis Picks Idea
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Steel Works Etc Idea
Steel Works Etc
USA Equities from Steel Works Etc industry as classified by Fama & French

Alcoa Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Alcoa Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Alcoa Corp backward and forwards among themselves. Alcoa Corp's institutional investor refers to the entity that pools money to purchase Alcoa Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Slate Path Capital Lp2023-12-31
2.5 M
Susquehanna International Group, Llp2023-12-31
2.4 M
Jpmorgan Chase & Co2023-12-31
2.4 M
Fisher Asset Management, Llc2023-12-31
2.3 M
Pointstate Capital Lp2023-12-31
2.1 M
Capital Research Global Investors2023-12-31
1.6 M
Goldman Sachs Group Inc2023-12-31
1.5 M
D. E. Shaw & Co Lp2023-09-30
1.5 M
Amvescap Plc.2023-12-31
1.4 M
Blackrock Inc2023-12-31
21.6 M
Vanguard Group Inc2023-12-31
18 M
Note, although Alcoa Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Alcoa Market Capitalization

The company currently falls under 'Mid-Cap' category with a market capitalization of 6.57 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 those 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 (0.06) %, 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 0.04 %, which signifies that for every $100 of sales, it has a net operating income of $0.04.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.05)(0.04)
Return On Capital Employed(0.03)(0.03)
Return On Assets(0.05)(0.04)
Return On Equity(0.15)(0.15)

Management Efficiency

The current year's Return On Tangible Assets is expected to grow to -0.04. The current year's Return On Capital Employed is expected to grow to -0.03. 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.
Last ReportedProjected for Next Year
Book Value Per Share 23.88  34.18 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share 31.81  44.37 
Enterprise Value Over EBITDA 24.86  26.11 
Price Book Value Ratio 1.42  1.02 
Enterprise Value Multiple 24.86  26.11 
Price Fair Value 1.42  1.02 
Enterprise Value6.5 B7.8 B
The analysis of Alcoa Corp's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Alcoa Corp's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Alcoa Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0109
Forward Dividend Yield
0.0109
Forward Dividend Rate
0.4
Beta
2.494

Technical Drivers

As of the 16th of April 2024, Alcoa Corp shows the mean deviation of 2.53, and Risk Adjusted Performance of 0.0613. 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 peers. 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 36.09 per share. Given that Alcoa Corp has jensen alpha of 0.1306, 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

Execute Study
null. The output start index for this execution was zero with a total number of output elements of zero. 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.

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.

Alcoa Corp Predictive Daily Indicators

Alcoa Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Alcoa Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Alcoa Corp Corporate Filings

F4
4th of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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8K
21st of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
20th of March 2024
Other Reports
ViewVerify
19th of March 2024
Other Reports
ViewVerify
F4
15th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
12th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
7th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
5th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Alcoa Corp Forecast Models

Alcoa Corp's time-series forecasting models are one of many Alcoa Corp's stock analysis techniques aimed at predicting 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 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 prices is reacting to, or reflecting on a current 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 Next Year
Pretax Profit Margin(0.06)(0.05)
Operating Profit Margin(0.03)(0.03)
Net Loss(0.06)(0.06)
Gross Profit Margin 0.01  0.01 

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
35.27Hold13Odds
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.
Begin Period Cash Flow1.5 B
Total Stockholder Equity4.3 B
Capital Lease Obligations104 M
Property Plant And Equipment Net6.8 B
Cash And Short Term InvestmentsB
Cash976 M
50 Day M A30.3816
Net Interest Income-107 M
Total Current LiabilitiesB
Forward Price Earnings80
Investments-585 M
Interest Expense107 M
Stock Based Compensation35 M
Long Term Debt1.7 B
Common Stock Shares Outstanding178 M
Tax Provision189 M
Quarterly Earnings Growth Y O Y0.81
Accounts Payable1.7 B
Net Debt835 M
Other Operating Expenses11.1 B
Non Current Assets Total9.8 B
Liabilities And Stockholders Equity14.2 B
Non Currrent Assets Other1.4 B
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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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.