Alcoa Stock Story

AA -  USA Stock  

USD 44.07  0.75  1.67%

Alcoa Corp Average Assets are projected to decrease significantly based on the last few years of reporting. The past year's Average Assets were at 14.02 Billion. The current year Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 840.1 M, whereas Net Income Per Employee is forecasted to decline to (14.2 K). As many of us are excited about basic materials space, it is fair to go over Alcoa Corp. We will check if it is still possible for Alcoa Corp to minimize net losses this year. In this post, I will also go over a few different drivers affecting Alcoa Corp's products and services, and explain how it may impact Alcoa Corp investors.
Published over a month ago
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Alcoa Corp (NYSE:AA) continues to rise
Alcoa Corp's average rating is Buy from 8 analysts.
Our advice module provides unbiased investment recommendation that can be used to complement current average analyst sentiment on Alcoa Corp. Our advice engine provides an advice for the firm potential to grow from the perspective of an investor's risk tolerance and investing horizon.

How important is Alcoa Corp's Liquidity

Alcoa Corp financial leverage refers to using borrowed capital as a funding source to finance Alcoa Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Alcoa Corp financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Alcoa Corp's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Alcoa Corp, but it might be worth checking our own buy vs. sell analysis

What did Alcoa Corp file with SEC?

The SEC filings are financial statements or other formal documents of Alcoa Corp that are regularly submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make SEC filings and fintech professionals rely on these filings for information about companies they are evaluating for investment purposes. Please note, most SEC filings are available online through the SEC's EDGAR database.
Please check here for more information.
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Alcoa shareholders may or may not be submitted as SEC does not always require it.
17th of November 2021
Financial Statements and Exhibits. Other Events
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30th of September 2021
Other Events
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12th of July 2021
Unclassified Corporate Event
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11th of May 2021
Submission of Matters to a Vote of Security Holders
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Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Alcoa shareholders may or may not be submitted as SEC does not always require it.

Exercise or conversion by William Oplinger of 19613 shares of Alcoa Corp subject to Rule 16b-3

Legal trades by Alcoa Corp insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Alcoa insider trading alert for exercise of employee stock option (right to buy) by William Oplinger, EVP & CFO, on 18th of November 2021. This event was filed by Alcoa Corp with SEC on 2021-11-18. Statement of changes in beneficial ownership - SEC Form 4. William Oplinger currently serves as cfo, executive vp and member of executive council of Alcoa Corp [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking down Alcoa Corp Indicators

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Alcoa Corp has an asset utilization ratio of 63.73 percent. This suggests that the company is making $0.64 for each dollar of assets. An increasing asset utilization means that Alcoa Corp is more efficient with each dollar of assets it utilizes for everyday operations.
 2018 2020 2021 (projected)
Receivables1 B556 M612.15 M
Inventories1.64 B1.4 B1.34 B

Alcoa Corp implied volatility may change after the rise

The skewness is down to 0.66 as of today. Alcoa Corp shows above-average downside volatility for the selected time horizon. We advise investors to inspect Alcoa Corp further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Alcoa Corp future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Alcoa Corp's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Alcoa Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Final Take On Alcoa Corp

Whereas some companies within the aluminum industry are still a little expensive, even after the recent corrections, Alcoa Corp may offer a potential longer-term growth to investors. To summarize, as of the 17th of October 2021, our latest 90 days buy-or-sell advice on the company is Strong Buy. We believe Alcoa Corp is fairly valued with below average odds of distress for the next two years.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Alcoa Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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