What is the stock price target for Alcoa?
On average, they expect Alcoa's stock price to reach $65.64 in the next twelve months. This suggests that the stock has a possible downside of 11.1%. View analysts' price targets for Alcoa or view top-rated stocks among Wall Street analysts. Who are Alcoa's key executives? Who are some of Alcoa's key competitors?
What is the upside for Alcoa's stock?
On average, they anticipate Alcoa's stock price to reach $28.25 in the next twelve months. This suggests a possible upside of 32.8% from the stock's current price. View Analyst Price Targets for Alcoa.
Who bought Alcoa AA Stock?
AA stock was acquired by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC. View insider buying and selling activity for Alcoa or or view top insider-buying stocks. How do I buy shares of Alcoa? Shares of AA can be purchased through any online brokerage account.
Will Alcoa's stock hit $59 after earnings beat?
Alcoa stock price target raised to $59 from $52 at J.P. Morgan Oct. 15, 2021 at 6:56 a.m. ETby Tomi Kilgore Alcoa's stock set for strong open after earnings beat, dividend initiation and new $500 million buyback program Oct. 15, 2021 at 6:20 a.m. ETby Tomi Kilgore No Headlines Available Other NewsPress Releases
See more
Is Alcoa stock a buy?
The consensus among 10 Wall Street analysts covering (NYSE: AA) stock is to Buy AA stock.
Is Alcoa a good stock?
Alcoa has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings.
Is Alcoa a buy Zack?
The Price to Earnings ratio or P/E is price divided by earnings....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
Did Alcoa reverse split?
This reverse stock split and the break-up were ultimately approved by shareholders and the board of directors and the new companies began separate operations on November 1, 2016. Following the reverse stock-split, investors received 1 share of new Alcoa Corp for every 3 shares of Alcoa Inc. previously held.
Is Alcoa a good long term investment?
Latest Alcoa Corp Stock News Alcoa Corp's trailing 12-month revenue is $12.6 billion with a 5.7% profit margin. Year-over-year quarterly sales growth most recently was 14.7%. Analysts expect adjusted earnings to reach $8.518 per share for the current fiscal year. Alcoa Corp currently has a 0.9% dividend yield.
Why is Alcoa stock dropping?
Alcoa Corp. shares dropped the most in eight months after the aluminum producer said sales slumped as prolonged supply-chain disruptions curbed shipments, raising concern that the tie-ups may erode customer demand for the metal.
What is Zacks rating of CLF?
Consensus RecommendationsCurrent (1=Strong Buy, 5=Strong Sell)1.6730 Days Ago1.5760 Days Ago1.8090 Days Ago1.80
When was the last time Alcoa stock split?
AA's 6th split took place on October 06, 2016. This was a 1 for 3 reverse split, meaning for each 3 shares of AA owned pre-split, the shareholder now owned 1 share. For example, a 24000 share position pre-split, became a 8000 share position following the split.
Are Alcoa and Arconic the same company?
On November 1, 2016, Alcoa Inc. spun off its bauxite, alumina, and aluminum operations to a new company called Alcoa Corp. Alcoa Inc. was renamed Arconic Inc., and retained the operations in aluminum rolling (excluding the Warrick operations), aluminum plate, precision castings, and aerospace and industrial fasteners.
When did Alcoa and Arconic split?
November 1, 2016In connection with this distribution, on November 1, 2016, Alcoa Inc. will change its name to Arconic Inc. and its ticker symbol on the New York Stock Exchange to ARNC. Alcoa Corporation will trade as an independent company on the New York Stock Exchange under the ticker symbol AA. Earlier this year, Alcoa Inc.
What is Alcoa valuation?
How many countries does Alcoa operate in?
A valuation method that multiplies the price of a company's stock by the total number of outstanding shares. Alcoa Corporation is an American industrial corporation. It is the world's eighth largest producer of aluminum, with corporate headquarters in Pittsburgh, Pennsylvania. Alcoa conducts operations in 10 countries.
Where is Alcoa located?
Alcoa conducts operations in 10 countries. Alcoa is a major producer of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling.
When did Alcan take over Rio Tinto?
After having relocated corporate operations to New York City in 2006, Alcoa moved its headquarters back to Pittsburgh effective September 1, 2017. In October 2018, Alcoa announced plans to move from Pittsburgh's North Shore to a more downtown Pittsburgh location.
About Alcoa
The bid was withdrawn when Alcan announced a friendly takeover by Rio Tinto in July 2007. On November 1, 2016, Alcoa Inc. split into two new entities: Alcoa Corporation, which is engaged in the mining and manufacture of raw aluminium, and Arconic, which processes aluminum and other metals.
Alcoa (NYSE:AA) Frequently Asked Questions
Alcoa Corp. engages in the production of bauxite, alumina, and aluminum products. It operates through the following segments: Bauxite, Alumina, and Aluminum. The Bauxite segment represents the company' global bauxite mining operations. The Alumina segment includes the company's worldwide refining system, which processes bauxite into alumina.
Alico, Inc. to Present at the Investor Summit Group Q1 2022 Conference
11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alcoa in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Alcoa stock. View analyst ratings for Alcoa or view top-rated stocks.
Zacks Industry Outlook Highlights: Archer Daniels Midland Company, Corteva Inc., Adecoagro S.A., Calavo Grower and Alico Inc
FORT MYERS, Fla., Feb. 23, 2022 (GLOBE NEWSWIRE) -- Alico, Inc.
5 Stocks to Watch in a Prospering Agriculture Operations Industry
Archer Daniels Midland Company, Corteva Inc., Adecoagro S.A., Calavo Grower and Alico Inc. are highlighted in this Industry Outlook article.
