|Bid||21.33 x 1400|
|Ask||21.64 x 800|
|Day's Range||21.30 - 22.14|
|52 Week Range||20.82 - 48.87|
|Beta (3Y Monthly)||1.53|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 17, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||35.58|
Does Alcoa's Risk-Return Profile Look Favorable Now?AlcoaLeading US-based aluminum producer Alcoa (AA) has seen a selling spree this year, losing 18.5% of its market cap.Alcoa isn’t the only metals and mining stock to underperform the broader
Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as Alcoa Corporation...
Miners Approach 52-Week Lows as Trade War Heat IntensifiesMiners’ returns todayUS equity markets are in the red today amid the escalation in the US-China trade war. Metals and mining stocks have especially come under pressure, and the SPDR
Will Alcoa Benefit from a Section 232 Exemption for Canada?AlcoaLast week, US President Donald Trump exempted Canada and Mexico from the Section 232 steel and aluminum tariffs. Both countries have managed to get complete exemptions without any
Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, has agreed to extend the existing labor contract with the United Steelworkers to reach a new multi-year labor agreement covering approximately 1,700 active employees at five U.S. locations. The Company and the union have agreed to recognize the existing contract, which was set to expire on May 15, 2019, so negotiations can continue. Most of those represented by the United Steelworkers work at Warrick Operations’ aluminum smelter and rolling mill and at the Massena Operations smelter.
Miners Become Bottomless Pit as US-China Trade War Escalates(Continued from Prior Part)Alcoa’s outlookAlcoa (AA) saw negative price action of 2.0% yesterday, and the stock is now down 8.0% for the month. It has lost 7.4% year-to-date while
KARMOEY, Norway/LONDON, May 14 (Reuters) - In the cavernous chamber of Norsk Hydro's aluminum smelter on the Norwegian island of Karmoey, the magnetic forces are so strong they make heavy iron wrenches float out of the hands of workers. The company is piloting a technology that tames the effects of that powerful magnetic field, which is a consequence of the electrolysis process to make aluminum and leaches away energy. Norsk Hydro told Reuters it was using mathematical models to mitigate the effect of the magnetism and other energy waste.
Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, announced today that Roy C. Harvey, President and Chief Executive Officer, and William F. Oplinger, Executive Vice President and Chief Financial Officer, will participate in a question and answer session at the Bank of America Merrill Lynch Annual Global Metals, Mining & Steel Conference in Barcelona, Spain, on Tuesday, May 14, 2019. The session will be available through a live audio webcast beginning at approximately 10:30 a.m. EDT (4:30 p.m. CEST) on Tuesday, May 14, on the “Investors” section of Alcoa’s website, www.alcoa.com.
What Could Have Prompted Trump’s Sudden Tariff Hike Decision(Continued from Prior Part)MinersDonald Trump has stepped up his trade rhetoric by hiking up the tariff on $200 billion in Chinese goods to 25%. He has also threatened a 25% tariff on
Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, will host a live audio webcast of its 2019 Annual Meeting of Stockholders to be held Wednesday, May 8, beginning at 10 a.m. EDT. The webcast and presentation materials will be available on the Investors section of Alcoa’s website http://investors.alcoa.com. Alcoa Corporation intends to make future announcements regarding company developments and financial performance through its website at www.alcoa.com.
Key Takeaways from Alcoa’s Q1 Earnings(Continued from Prior Part)Trump’s tariffs During the first-quarter earnings call, Alcoa (AA) took a swipe at the Section 232 tariffs that President Trump imposed last year. From the very beginning, Alcoa
Key Takeaways from Alcoa’s Q1 EarningsAlcoa’s first-quarter earnings Alcoa (AA) released its first-quarter earnings after the markets closed on April 17. The company reported revenues of $2.72 billion in the first quarter. The analysts polled by
Alcoa (AA) delivered earnings and revenue surprises of -35.29% and -0.28%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
PITTSBURGH-- -- Net loss of $199 million, or $1.07 per share Excluding special items, adjusted net loss of $43 million, or $0.23 per share $467 million of adjusted earnings before interest, taxes, depreciation and amortization excluding special items Revenue of $2.7 billion $168 million cash from operations; $99 million free cash flow $1.0 billion cash balance and $1.8 billion of debt, for net debt ...
Why Analysts Expect Alcoa’s Earnings to Fall Sharply in Q1Alcoa’s first-quarter earnings Alcoa (AA) is scheduled to release its earnings results for the first quarter of 2019 on April 17 after the markets close. Analysts polled by Thomson Reuters
The nature of investing is that you win some, and you lose some. And there's no doubt that Alcoa Corporation (NYSE:AA) stock has had a really bad year. To wit the share price is down 51% in that time. Alcoa may ha...
China No Longer Seems to Be Biggest Concern for Global Economy(Continued from Prior Part)Metal investorsChina’s trade data is especially crucial for metal and mining investors (XME) given the country’s dominant share in global metal consumption.