Alcoa Stock Today


USD 45.58  2.04  4.28%   

Market Performance
0 of 100
Odds Of Distress
Less than 41
Alcoa Corp is trading at 45.58 as of the 1st of July 2022, a -4.28 percent decrease since the beginning of the trading day. The stock's open price was 47.62. Alcoa Corp has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Alcoa Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of July 2020 and ending today, the 1st of July 2022. Please note, there could be an existing legal relationship between Alcoa Corp (AA) and Howmet Aerospace (HWM). Click here to learn more.
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. The company has 184.45 M outstanding shares of which 8.67 M shares are presently sold short in the market by investors with about 1.16 days to cover all shorted shares. More on Alcoa Corp

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Follow Valuation Options Odds of Bankruptcy
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Alcoa Corp Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Alcoa Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Alcoa Corp or challenge it. These highlights can help you better understand the position you are entering 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
Alcoa Corp has a strong financial position based on the latest SEC filings
Over 85.0% of the company shares are held by institutions such as insurance companies
Latest headline from Alcoa Co. Receives Average Recommendation of Hold from Brokerages - MarketBeat
Related EntityHWM (Howmet Aerospace)
ChairmanMichael Morris
SEC FilingsAlcoa Corp Security & Exchange Commission EDGAR Reports
Thematic Ideas
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Fama & French Classification
Average Analyst Recommendation
Analysts covering Alcoa Corp report their recommendations after researching Alcoa Corp's financial statements, talking to executives and customers, or listening in on Alcoa Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Alcoa Corp. The Alcoa consensus assessment is calculated by taking the average forecast from all of the analysts covering Alcoa Corp.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Alcoa Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Alcoa Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 7 - StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares205.7 M187.1 M
Significantly Up
Slightly volatile
Weighted Average Shares Diluted178.6 M190 M
Notably Down
Net Cash Flow from Operations839.9 M920 M
Significantly Down
Total Assets14.7 B15 B
Fairly Down
Slightly volatile
Total Liabilities9.4 B8.7 B
Notably Up
Slightly volatile
Current Assets4.8 BB
Sufficiently Down
Slightly volatile
Current Liabilities3.3 B3.2 B
Sufficiently Up
Slightly volatile
Total Debt1.7 B1.7 B
Slightly Down
Slightly volatile
Return on Average Assets0.03130.029
Significantly Up
Slightly volatile
Gross Margin0.240.247
Fairly Down
Slightly volatile
Asset Turnover0.840.83
Fairly Up
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Alcoa Corp's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldUndervalued
Financial Strength
Alcoa Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Alcoa Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Alcoa Corp's financial leverage. It provides some insight into what part of Alcoa Corp's total assets is financed by creditors.
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By using current balance sheet information, investors can analyze the liability, assets, and equity on Alcoa Corp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Alcoa Corp deploys its capital and how much of that capital is borrowed.
Alcoa Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 1.82 B of total liabilities with total debt to equity ratio (D/E) of 0.29, which may suggest the company is not taking enough advantage from financial leverage. Alcoa Corp has a current ratio of 1.59, which is generally considered normal. Debt can assist Alcoa Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Alcoa Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Alcoa Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alcoa to invest in growth at high rates of return. When we think about Alcoa Corp's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

839.94 MillionShare
Alcoa Corp (AA) is traded on New York Stock Exchange in USA. It is located in 201 Isabella Street, Suite 500, Pittsburgh, PA 15212-5858, United States and employs 12,200 people. Alcoa Corp is listed under Steel Works Etc category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with market capitalization of 8.78 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 Corp is active under Basic Materials sector as part of Aluminum industry. The entity has 184.45 M outstanding shares of which 8.67 M shares are presently sold short in the market by investors with about 1.16 days to cover all shorted shares. Alcoa Corp reports about 1.55 B in cash with 948 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.43.
Check Alcoa Corp Probability Of Bankruptcy
Alcoa Corp retains a total of 184.45 Million outstanding shares. The majority of Alcoa Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Alcoa Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Alcoa Corp. Please pay attention to any change in the institutional holdings of Alcoa Corp as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Alcoa Ownership Details

Alcoa Stock Price Odds Analysis

What are Alcoa Corp's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Alcoa Corp jumping above the current price in 90 days from now is about 92.77%. The Alcoa Corp probability density function shows the probability of Alcoa Corp stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.8842. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Alcoa Corp will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Alcoa Corp is significantly underperforming DOW.
  Odds Below 45.58HorizonTargetOdds Above 45.58
7.20%90 days
Based on a normal probability distribution, the odds of Alcoa Corp to move above the current price in 90 days from now is about 92.77 (This Alcoa Corp probability density function shows the probability of Alcoa Stock to fall within a particular range of prices over 90 days) .

Alcoa Corp Historical Income Statement

Alcoa Corp Income Statement is one of the three primary financial statements used for reporting Alcoa's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Alcoa Corp revenue and expense. Alcoa Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Alcoa Corp Direct Expenses is projected to decrease significantly based on the last few years of reporting. The past year's Direct Expenses was at 9.15 Billion. The current year Consolidated Income is expected to grow to about 615 M, whereas Cost of Revenue is forecasted to decline to about 8.7 B. View More Fundamentals

Alcoa Stock Against Markets

Picking the right benchmark for Alcoa Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Alcoa Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Alcoa Corp is critical whether you are bullish or bearish towards Alcoa Corp at a given time.

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Our tools can tell you how much better you can do entering a position in Alcoa Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Alcoa Corp Corporate Directors

Alcoa Corp corporate directors refer to members of an Alcoa Corp board of directors. The board of directors generally takes responsibility for the Alcoa Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Alcoa Corp's board members must vote for the resolution. The Alcoa Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Julie Richardson - DirectorProfile
Carol Roberts - Independent DirectorProfile
Kathryn Fuller - Independent DirectorProfile
Mary Citrino - Independent DirectorProfile

Investing Alcoa Corp

You need to understand the risk of investing before taking a position in Alcoa Corp. The danger of trading Alcoa Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alcoa Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alcoa Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alcoa Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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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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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.