Alcoa Stock Analysis

AA -  USA Stock  

USD 59.98  0.07  0.12%

The current price rise of Alcoa Corp could raise concerns from investors as the firm it trading at a share price of 59.98 on 4,873,242 in volume. The company directors and management may have good odds in positioning the firm resources to exploit market volatility in February. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.74. The current volatility is consistent with the ongoing market swings in December 2021 as well as with Alcoa Corp unsystematic, company-specific events.
Please continue to Trending Equities.

Alcoa Stock Analysis 

 
Refresh
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 77.0% of the company shares are held by institutions such as insurance companies. The book value of Alcoa Corp was presently reported as 20.73. The company has Price/Earnings To Growth (PEG) ratio of 0.05. Alcoa Corp next dividend is scheduled to be issued on the 28th of October 2021. The entity 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

2.32 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.
Over 77.0% of the company shares are held by institutions such as insurance companies
Latest headline from markets.businessinsider.com: Benzingas Top Ratings Upgrades, Downgrades For January 11, 2022 - Markets Insider

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 Report19th of January 2022
Next Earnings Report21st of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End19th of January 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 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.
10th of January 2022
Unclassified Corporate Event
View
29th of December 2021
Financial Statements and Exhibits. Other Events
View
17th of December 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
14th of December 2021
Financial Statements and Exhibits. Other Events
View
13th of December 2021
Financial Statements and Exhibits. Cost Associated with Exit or Disposal Activities
View
6th of December 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
17th of November 2021
Financial Statements and Exhibits. Other Events
View
8th of November 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
Manufacturing IdeaManufacturing
Manufacturing of goods across different domains

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.
Security TypeSharesValue
Scout Investments IncCommon Shares339.8 K20.2 M
Louisiana State Employees Retirement SystemCommon Shares48.1 K2.9 M
State Of Alaska Department Of RevenueCommon Shares27.1 K1.6 M
Symmetry Partners LlcCommon Shares18.2 K1.1 M
Crossmark Global Holdings IncCommon Shares15 K893 K
Contravisory Investment Management IncCommon Shares9.6 K571 K
Confluence Investment Management LlcCommon Shares6.3 K377 K
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 'Large-Cap' category with market capitalization of 11.51 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 7.29 %, which may suggest that it has sound control over its expenditures, executes well on its competitive polices, or have a solid pricing strategies. This is very large. Likewise, it shows Net Operating Margin (NOM) of 13.81 %, which signifies that for every $100 of sales, it has a net operating income of 0.14.
Last ReportedProjected for 2022
Return on Investment 3.13  4.82 
Return on Average Assets(0.0138) (0.0149) 
Return on Average Equity(0.0414) (0.0447) 
Return on Invested Capital 0.0149  0.0177 
Return on Sales 0.0207  0.0223 

Management Efficiency

The entity has Return on Asset (ROA) of 6.8 % which means that for every $100 of asset, it generated profit of $6.8. This is typical in the industry. Likewise, it shows return on total equity (ROE) of 18.24 %, which means that it produced $18.24 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 3.13. The current year Return on Invested Capital is expected to grow to 0.0177, whereas Return on Average Assets are forecasted to decline to (0.0149) . Alcoa Corp Total Assets are projected to decrease significantly based on the last few years of reporting. The past year's Total Assets were at 13.37 Billion. The current year Assets Non Current is expected to grow to about 10.3 B, whereas Current Assets are forecasted to decline to about 4.8 B.
Last ReportedProjected for 2022
Book Value per Share 16.03  20.86 
Enterprise Value over EBIT 27.90  34.05 
Enterprise Value over EBITDA 7.17  10.97 
Price to Book Value 1.16  1.14 
Tangible Assets Book Value per Share 71.93  74.41 
Enterprise Value4.6 BB
Tangible Asset Value13.4 B13.9 B

Technical Drivers

As of the 19th of January, Alcoa Corp shows the mean deviation of 1.91, and Risk Adjusted Performance of 0.1971. 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 59.98 per share. Given that Alcoa Corp has jensen alpha of 0.7118, 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

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Mid-point over period is an average of Alcoa Corp highest and lowest values attained during the given period. View also all equity analysis or get more info about midpoint over period 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.
Tammi Jones 3 days ago via Macroaxis 
Sale by Tammi Jones of 4435 shares of Alcoa Corp
Steven Williams over a week ago via Macroaxis 
Acquisition by Steven Williams of 1152 shares of Alcoa Corp subject to Rule 16b-3
Steven Williams over two weeks ago via Macroaxis 
Acquisition by Steven Williams of 1376 shares of Alcoa Corp subject to Rule 16b-3
William Oplinger over two months ago via Macroaxis 
Exercise or conversion by William Oplinger of 19613 shares of Alcoa Corp subject to Rule 16b-3
Steven Williams over three months ago via Macroaxis 
Acquisition by Steven Williams of 1376 shares of Alcoa Corp subject to Rule 16b-3
Timothy Reyes over three months ago via Macroaxis 
Exercise or conversion by Timothy Reyes of 7390 shares of Alcoa Corp subject to Rule 16b-3
Steven Williams over six months ago via Macroaxis 
Acquisition by Steven Williams of 1850 shares of Alcoa Corp subject to Rule 16b-3
Jeffrey Heeter over six months ago via Macroaxis 
Sale by Jeffrey Heeter of 23089 shares of Alcoa Corp
Jeffrey Heeter over six months ago via Macroaxis 
Sale by Jeffrey Heeter of 23089 shares of Alcoa Corp
Gorman Thomas Joseph over six months ago via Macroaxis 
Acquisition by Gorman Thomas Joseph of 3655 shares of Alcoa Corp subject to Rule 16b-3
Timothy Reyes over six months ago via Macroaxis 
Exercise or conversion by Timothy Reyes of 12260 shares of Alcoa Corp subject to Rule 16b-3
Benjamin Kahrs over six months ago via Macroaxis 
Exercise or conversion by Benjamin Kahrs of 16574 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 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 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 2022
Operating Margin 1.97  2.13 
EBITDA Margin 0.10  0.09 
Gross Margin 0.16  0.19 
Profit Margin(0.0207) (0.0223) 
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
60.38Buy8Odds
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 Ratio0.79
Trailing Annual Dividend Rate0.36
Fifty Two Week Low17.30
Revenue Growth31.50%
Shares Short Prior Month9.76M
Average Daily Volume Last 10 Day6.08M
Average Daily Volume In Three Month8.67M
Shares Percent Shares Out5.94%
Gross Margins22.33%
Short Percent Of Float5.95%
Forward Price Earnings10.02
Float Shares186.48M
Fifty Two Week High64.37
Enterprise Value To Ebitda5.74
Fifty Day Average52.09
Two Hundred Day Average43.58
Enterprise Value To Revenue1.14
Trailing Annual Dividend Yield0.58%
Please continue to Trending Equities. 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 Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Alcoa Stock analysis

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.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
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.
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 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.