Alcoa Stock Analysis

AA
 Stock
  

USD 38.92  0.93  2.33%   

The small slip in market price for the last few months could raise concerns from investors as the firm is trading at a share price of 38.92 on 3,892,810 in volume. The company directors and management did not add much value to Alcoa Corp investors in September. However, diversifying your holdings with Alcoa Corp or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.03. This high volatility is attributed to the latest market swings and not-so-good earnings reports for some of the 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 89.0% of the company shares are held by institutions such as insurance companies. The book value of Alcoa Corp was presently reported as 17.42. The company has Price/Earnings To Growth (PEG) ratio of 0.03. Alcoa Corp recorded a loss per share of 0.4. The entity last dividend was issued on the 16th of May 2022. 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, 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 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 generated a negative expected return over the last 90 days
Alcoa Corp has high historical volatility and very poor performance
Over 89.0% of the company shares are held by institutions such as insurance companies
On 25th of August 2022 Alcoa Corp paid $ 0.1 per share dividend to its current shareholders
Latest headline from www.entrepreneur.com: Dont Give Up on These Q3 Losers - Entrepreneur

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 Financial 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 Financial Announcement31st of December 2020

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 August 2022
Unclassified Corporate Event
View
8th of August 2022
Financial Statements and Exhibits. Other Events
View
20th of July 2022
Financial Statements and Exhibits. Other Events. Results of Operations and Financial Condition
View
29th of June 2022
Financial Statements and Exhibits. Regulation FD Disclosure. 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
11th of May 2022
Submission of Matters to a Vote of Security Holders
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20th of April 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
9th of February 2022
Unclassified Corporate Event
View
19th of January 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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.

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
Blackrock IncCommon Shares22.3 MB
Vanguard Group IncCommon Shares18.2 M827.3 M
State Street CorpCommon Shares7.8 M357.4 M
Bank Of New York Mellon CorpCommon Shares5.8 M263.3 M
Fmr LlcCommon Shares5.6 M256.8 M
Soroban Capital Partners LpCommon Shares5.1 M234.5 M
Fisher Asset Management LlcCommon Shares4.1 M185.2 M
Susquehanna International Group LlpPut Options3.7 M166.9 M
Susquehanna International Group LlpCall Options2.6 M117 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 market capitalization of 7.5 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 7.19 %, 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 26.49 %, which signifies that for every $100 of sales, it has a net operating income of 0.26.

Management Efficiency

The entity has Return on Asset (ROA) of 12.04 % which means that for every $100 of asset, it generated profit of $12.04. This is typical in the industry. Likewise, it shows return on total equity (ROE) of 19.32 %, which means that it produced $19.32 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.

Technical Drivers

As of the 7th of October, Alcoa Corp shows the mean deviation of 3.14, and Risk Adjusted Performance of 0.0024. 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 38.92 per share. Given that Alcoa Corp has jensen alpha of 0.0901, 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 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.
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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.
Roberts Jackson Prince six days ago via Macroaxis 
Acquisition by Roberts Jackson Prince of 284 shares of Alcoa Corp subject to Rule 16b-3
Roy Harvey over two months ago via Macroaxis 
Exercise or conversion by Roy Harvey of 73290 shares of Alcoa Corp subject to Rule 16b-3
Steven Williams over three months ago via Macroaxis 
Acquisition by Steven Williams of 1583 shares of Alcoa Corp subject to Rule 16b-3
Roberts Jackson Prince over three months ago via Macroaxis 
Acquisition by Roberts Jackson Prince of 2767 shares of Alcoa Corp subject to Rule 16b-3
Steven Williams over six months ago via Macroaxis 
Acquisition by Steven Williams of 769 shares of Alcoa Corp subject to Rule 16b-3
John Slaven over six months ago via Macroaxis 
Exercise or conversion by John Slaven of 6133 shares of Alcoa Corp subject to Rule 16b-3
Elam Harden Sonya over six months ago via Macroaxis 
Sale by Elam Harden Sonya of 1317 shares of Alcoa Corp
John Slaven over six months ago via Macroaxis 
Acquisition by John Slaven of 6590 shares of Alcoa Corp subject to Rule 16b-3
Benjamin Kahrs over six months ago via Macroaxis 
Sale by Benjamin Kahrs of 15376 shares of Alcoa Corp
Elam Harden Sonya over six months ago via Macroaxis 
Acquisition by Elam Harden Sonya of 2890 shares of Alcoa Corp subject to Rule 16b-3
Elam Harden Sonya over six months ago via Macroaxis 
Payment of 1336 shares by Elam Harden Sonya of Alcoa Corp subject to Rule 16b-3
Roy Harvey over six months ago via Macroaxis 
Exercise or conversion by Roy Harvey of 73290 shares of Alcoa Corp subject to Rule 16b-3

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 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.
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.

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
61.63Buy8Odds
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 Ratio0.82
Trailing Annual Dividend Rate0.36
Fifty Two Week Low33.55
Revenue Growth28.60%
Payout Ratio5.84%
Average Daily Volume Last 10 Day9.69M
Shares Short Prior Month10.54M
Average Daily Volume In Three Month6.45M
Earnings Growth81.00%
Shares Percent Shares Out5.19%
Earnings Quarterly Growth77.70%
Gross Margins28.30%
Forward Price Earnings5.52
Short Percent Of Float5.85%
Float Shares179M
Fifty Two Week High98.09
Fifty Day Average47.25
Enterprise Value To Ebitda3.09
Two Hundred Day Average60.85
Enterprise Value To Revenue0.82
Trailing Annual Dividend Yield0.89%
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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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.
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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.
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.