AA - Alcoa Corporation
22.52 +0.12 (0.54%)
After hours: 4:17PM EDT
| Previous Close | 22.54 |
| Open | 22.67 |
| Bid | 22.30 x 800 |
| Ask | 22.60 x 1200 |
| Day's Range | 22.30 - 23.03 |
| 52 Week Range | 20.82 - 48.87 |
| Volume | 2,658,750 |
| Avg. Volume | 3,499,793 |
| Market Cap | 4.156B |
| Beta (3Y Monthly) | 1.53 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.90 |
| Earnings Date | Jul 17, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 35.58 |
- Market Realist•9 days ago
Does Alcoa’s Risk-Return Profile Look Favorable Now?
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
- Insider Monkey•13 days ago
Here is What Hedge Funds Think About Alcoa Corporation (AA)
Billionaire hedge fund managers such as David Abrams, Steve Cohen and Stan Druckenmiller can generate millions or even billions of dollars every year by pinning down high-potential small-cap stocks and pouring cash into these candidates. Small-cap stocks are overlooked by most investors, brokerage houses, and financial services hubs, while the unlimited research abilities of the […]
- Simply Wall St.•13 days ago
Is Alcoa Corporation (NYSE:AA) As Strong As Its Balance Sheet Indicates?
Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as Alcoa Corporation...
- Benzinga•15 days ago
Alcoa Analyst Says Alumina Oversupply Concerns Outweigh Short-Term Profit Opportunity
Although Alcoa Corp (NYSE: AA ) stands to benefit from the rally in alumina prices due to recent outages at two Chinese refineries, the impact is unlikely to last beyond the next few months — and the prospect of ...
- PR Newswire•19 days ago
USW Members Authorize Strike against Alcoa
The strike authorization votes were conducted during meetings at each location over the course of the past two weeks. USW members have continued to work under the terms and conditions of a contract that was set to expire on May 15, 2019, when the USW and Alcoa agreed to a temporary extension, subject to termination by either party with notice.
- Market Realist•28 days ago
Miners Approach 52-Week Lows as Trade War Heat Intensifies
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
- Market Realist•last month
Will Alcoa Benefit from a Section 232 Exemption for Canada?
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
- MarketWatch•last month
Steel maker stocks fall after WSJ report a deal to end tariffs on imports from Canada, Mexico was close
Steel maker stocks dropped in midday trade Friday, after The Wall Street Journal reported that U.S. trade negotiators were close to a deal with Canada and Mexico to end tariffs on steel imports. Shares of U.S. Steel Corp. fell 2.7%, Nucor Corp. shed 3.6%, Steel Dynamics Inc. gave up 2.9% and ArcelorMittal slid 3.4%. Meanwhile, the S&P 500 was down just 0.2%. Among aluminum companies, Alcoa Corp.'s stock fell 1.7% and Kaiser Aluminum Corp. declined 1.5%. The WSJ reported, citing sources, that U.S. trade negotiators were trying to reach a deal on tariffs with Canada and Mexico to "push USMCA through Congress."
- Business Wire•last month
Alcoa and United Steelworkers Union Extend Negotiations on Labor Agreement for Five U.S. Locations
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.
Market Realist•last monthAlcoa’s Outlook Dampened by Aluminum’s Weak Fundamentals
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
- InvestorPlace•last month
Why You Can Trust U.S. Steel Stock Amid Other Risky Names
One of the benefits that people foresaw of President Trump's administration was the return of legacy industries like steel. When the President first started talking tough against China, companies like U.S. Steel Group (NYSE:X) experienced a surge in value. However, the burst in X stock and similar names was short-lived.Source: Shutterstocks Trump launched the first salvo of tariffs on Chinese goods in late January 2018. Initially, the thesis for U.S. Steel stock appeared ironclad. Finally, we had a President willing to stand up to shady Chinese business practices, such as commodities dumping. With an administration that didn't give two cents about political correctness, X stakeholders rejoiced.Unfortunately, economic dynamics, especially in the modern era, do not occur individually in a vacuum. What affects one sector will likely impact another, often with unpredictable results. While Trump won voters in blue-collar, conservative states with his tough talk, his policies didn't work as he previously hoped.InvestorPlace - Stock Market News, Stock Advice & Trading Tips X Stock Meets RealityCertainly, the idea of tariffs and dumping-crackdowns rejuvenated X stock. They also lifted industrial-commodities players like Alcoa (NYSE:AA) and Steel Dynamics (NASDAQ:STLD), which benefited from rising steel prices.That said, those rising prices hurt industrial consumers of steel and aluminum, such as General Motors (NYSE:GM). The double-whammy, of course, was that many of these sectors and companies couldn't afford the sudden hit to margins. For instance, GM and Ford (NYSE:F) already have problems selling cars in America.Passing the costs to consumers who don't already buy American? This just wasn't going to fly. Thus, U.S. Steel stock received a boost from surface-level trading. But once reality set in, the Trump-tariff fundamentals didn't look too hot. * 10 Stocks That Could Squeeze Short Sellers, Including CGC But with X stock down more than 55% since the start of 2017 -- despite last Friday's double-digit swing up -- is it time to go contrarian? The Bull Case for U.S. Steel StockFor those willing to go against the grain, it's not just X stock that has looked interesting recently. From a technical standpoint, Alcoa appears to have hit bottom. So too have Steel Dynamics shares.Naysayers will immediately counter and state that it's unwise to chase a company down. Over the last several years, we've seen many high-profile names that offered contrarian cases, only to disappoint further. What then makes U.S. Steel stock any different?Fundamentally, the underlying firm still represents a viable industry. True, we're moving deeper into the information age. Nowadays, the sexiest companies are those that lead in automation and artificial intelligence. I'm not shocking anyone with that statement.Still, we have robust demand for actualizing those innovations. For instance, the robots that build our cars aren't going to build themselves. More importantly, some of the implications behind the latest tech innovations won't occur until much later down the line.At some point, AI will replace human drivers altogether. But that may not happen in our lifetime. Therefore, automakers are still competing with each other for consumer dollars, invariably lifting X stock.This underappreciated demand for commodities-based products helped buoy sector players from completely imploding. Even during the early stages of geopolitical tensions between the U.S. and China, aluminum demand remained healthy. At some point, you got to like your chances that U.S. Steel stock will make a comeback. Trump Is a WildcardWith all that said, I understand the hesitation toward X stock. Admittedly, the steel and aluminum markets need some help. President Trump, as well-intentioned as he may be, isn't helping.When he made good on his tariff threats, many conservatives lauded his efforts in sticking up for blue-collar Americans. But as the markets and the hard data indicate, those moves didn't pan out so well. Partially due to these pressures, Trump agreed to negotiate with his Chinese counterparts. * 7 Food Stocks to Buy Now Now, the volatile President has seemingly changed his mind. In a stunning about-face, he threatened to renew tariffs on China, shocking just about everybody. I believe this is the reason why U.S. Steel stock failed to build off last Friday's spike rally. Steel companies have seen where "protective" tariffs lead.However, I think we can discount this outburst as another presidential episode. With the 2020 elections coming up, Trump can't afford to actualize "the crazy." He knows as well as anyone that the way to win the American voter is through their wallet.In other words, Trump has every incentive to truly act in the blue-collar worker's best interest. And with that backdrop, you can trust X stock a lot more than other speculative names.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Cloud Stocks to Buy on Overcast Days * 6 Stable Stocks Worth Buying for Protection * 5 Active Vanguard Funds That You Have to Own Compare Brokers The post Why You Can Trust U.S. Steel Stock Amid Other Risky Names appeared first on InvestorPlace.
- Business Wire•last month
Alcoa to Participate at Bank of America Merrill Lynch Global Metals, Mining and Steel Conference
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.
- American City Business Journals•last month
Locked out Alcoa workers rally outside shareholders' meeting
About 200 Alcoa Corp. (NYSE: AA) employees from Quebec who said they have been locked out of their jobs since January 11, 2018 demonstrated outside the aluminum manufacturing giant’s annual shareholders meeting Wednesday morning in downtown Pittsburgh. The group, part of the United Steelworkers union Local 9700, joined together in loud chants for fair contracts and sang songs in unison with the lyrics “We don’t need Alcoa’s greed. Roy Harvey, we just want to talk,” referencing the company’s CEO and president.
Market Realist•last monthMetals’ Fragile Recovery Takes the Back Seat amid Trade Rhetoric
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
- Business Wire•last month
Alcoa to Host Webcast of Annual Meeting of Stockholders
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.
- Moody's•2 months ago
Alcoa of Australia Limited -- Moody's announces completion of a periodic review of ratings of Alcoa of Australia Limited
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Alcoa of Australia Limited and other ratings that are associated with the same analytical unit. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
- American City Business Journals•2 months ago
Restaurants, tap room proposed on Miami River
A vacant property on the Miami River downtown could be developed for restaurants and a tap room. On May 6, the Miami River Commission will consider the plans for Riverside Miami, which would have seven restaurants, a tap room and event space at 431 to 451 South Miami Ave. Property owner Miami River Holdings LLC, managed by Richard G. Toledo, Nicolas Mattos, and Isabella Mattos, is seeking a temporary use permit for three years, with the option to extend it for another three years. The 2.53-acre site is between the South Miami Avenue bridge and the Fifth Street Metromover Station.
- Zacks•2 months ago
Verint, Alcoa, Amazon, Walmart and Target as Zacks Bull and Bear of the Day
Verint, Alcoa, Amazon, Walmart and Target as Zacks Bull and Bear of the Day
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of AA.N earnings conference call or presentation 17-Apr-19 9:00pm GMT
Q1 2019 Alcoa Corp Earnings Call
- Insider Monkey•2 months ago
Is Alcoa Corporation (AA) A Good Stock To Buy?
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]
- Zacks•2 months ago
New Strong Sell Stocks for April 23rd
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.
- Associated Press•2 months ago
Union Pacific, Canopy move higher but Alcoa, Skechers fall
Lower prices pushed the aluminum products maker to a first quarter loss and the results fell short of forecasts. The equipment rental company's first quarter profit and revenue beat forecasts on gains across geographic regions. The shoe company's first quarter sales fell short of forecasts and it issued a weak revenue outlook for the year.
- Motley Fool•2 months ago
Why Century Aluminum Stock Dropped Today
Alcoa's earnings report dragged down the aluminum specialist.
