AA - Alcoa Corporation

NYSE - NYSE Delayed Price. Currency in USD
28.12
-1.29 (-4.39%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close29.41
Open29.10
Bid0.00 x 900
Ask28.73 x 3100
Day's Range27.80 - 29.27
52 Week Range25.01 - 62.35
Volume3,356,052
Avg. Volume3,816,765
Market Cap5.216B
Beta (3Y Monthly)1.40
PE Ratio (TTM)23.43
EPS (TTM)1.20
Earnings DateApr 17, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est40.08
Trade prices are not sourced from all markets
  • Trump Campaign Probe's New Overseer Built Chops in Iran-Contra
    Bloomberg20 hours ago

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  • Associated Press2 days ago

    Alcoa, NY state reach deal on low-cost power for plant

    Alcoa reached a deal with the New York Power Authority to continue providing low-cost hydroelectric power for the company's aluminum smelting plant in northern New York, securing hundreds of jobs, New York officials said Thursday. U.S. Sen. Charles Schumer and Gov. Andrew Cuomo announced that the seven-year agreement will keep the jobs of 450 workers at the smelting operations in Massena, on the St. Lawrence River 165 miles (265 kilometers) northwest of Albany. The two Democrats worked with the company to reach a $30 million low-cost power deal in November 2015 after Pittsburgh-based Alcoa announced it planned to close the plant.

  • Alcoa Stock Is Building Energy for a Potential Spike
    InvestorPlace4 days ago

    Alcoa Stock Is Building Energy for a Potential Spike

    Alcoa (NYSE:AA) is not the same company it used to be. But it continues to forge ahead with its alumina and aluminium business, as they make up the bulk of its business. And as with most industrial stocks, AA has had its challenges last year -- partly due to the global tariff wars and also due to the sentiment that growth is slowing down.Source: Josh Hallett via Flickr (Modified)This year, the stock is doing much better than it finished 2018. It is now up 9.6% year to date. But this is still lagging the S&P 500 and the Dow Jones, which are both up over 11% for the same period.Investor sentiment is now much better, even though we still have the tariff war deadlines looming. The only difference this year from last is that the central banks are now back in stimulus mode. This started with U.S. Federal Reserve Chair Jerome Powell clearly stating that they are almost done raising rates. Also, China now is completely and publicly committed to stepping on the growth pedal, perhaps in an effort to offset the losses they are suffering from the tariff war. The ECB is back into keeping the easy money situation for long.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo all this is to say that the whole world is still highly committed to growth, and that is good for companies like Alcoa. So unless management commits major mistakes in execution, its stock has support. The AA Stock OpportunityToday's opportunity is of the technical nature. AA stock has been in a descending wedge for months. It has set a lower-high trend since its earnings report almost one year ago. This stock slide created a descending wedge that is now very tight. So there should soon be a breakout from it. * Top 7 Service Sector Stocks That Will Pay You to Own Them Alcoa stock is showing the first signs of stabilization. Since the Christmas lows, it has set higher lows, forming what looks like a trough. This is how bottoms form to establish a base from which the bulls can put forth an effort to rebound. Those bulls need a solid floor against which they can push upwards.Meanwhile, it is still making lower highs, so the tightening range is creating tension in the stock and building energy. This has to release itself soon as the battle comes to a pint point on the charts. Just above current levels there are trigger lines. If the bulls can push through resistance around $29.40 per share, they would invite momentum buyers. Click to Enlarge Conversely, if the bears break through this base then this would bring back momentum sellers and the selling could intensify.Earnings are drawing near, and they could be the catalyst that decides the outcome of this battle between bulls and bears over the next move in AA stock. The best way to trade the upside potential is to go long the stock ahead of its earnings and profit from the potential rally going into the event.But I would lock in the profits before the actual headline. The short-term reactions to earnings are binary. We don't know what the company will report -- and more importantly, we don't know how Wall Street will react to it. AA has not had a history of good reactions to their earnings reports. They've had three of the last four reactions be negative.Those looking to invest in AA stock for the long term need not worry about the short-term gyrations in the stock. But I'd definitely set a stop loss level, and $26.40 and $25.10 are important lines to hold even for the long-term investors. AA stock is not cheap at a 24x trailing price to earnings ratio, though, so the downside risk if management disappoints is real.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise Compare Brokers The post Alcoa Stock Is Building Energy for a Potential Spike appeared first on InvestorPlace.

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    Market Realist15 days ago

    Alcoa: Concerns Persist despite Fall in Chinese Aluminum Exports

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  • US Aluminum Production Woefully Short of Demand despite Tariffs
    Market Realist17 days ago

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    Market Realist26 days ago

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    Market Realist26 days ago

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  • Should You Expect More Gains from Alcoa in 2019?
    Market Realist26 days ago

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  • Benzinga26 days ago

    Dissecting The IPS Worldwide Bankruptcy

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  • Reuterslast month

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  • Business Wirelast month

    Alcoa President and Chief Executive Officer Roy Harvey to Present at BMO Capital Markets 28th Global Metals & Mining Conference

    Alcoa Corporation (AA) today announced that its President and Chief Executive Officer Roy Harvey will present at the BMO Capital Markets 28th Global Metals & Mining Conference in Hollywood, Florida, on Tuesday, February 26, 2019 at 11 a.m. EST. Mr. Harvey’s presentation will be available through a real-time, live audio webcast on the “Investors” section of Alcoa’s website, www.alcoa.com, at 11 a.m. on Tuesday, February 26, and presentation materials will be available for viewing at approximately 7 a.m. on Monday, February 25, at the same link. Alcoa Corporation intends to make future announcements regarding company developments and financial performance through its website at www.alcoa.com.

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  • No Respite for Alcoa, China Exported Record Aluminum
    Market Realistlast month

    No Respite for Alcoa, China Exported Record Aluminum

    US-China Trade Deficit Narrows: Will It Please Trump?(Continued from Prior Part)AlcoaIn the previous part, we noted that China’s steel exports rose in January. While China’s steel exports have been in a downtrend after hitting a record high in

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  • Elliott Hasn’t Had the Magic Touch at Arconic
    Bloomberglast month

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    Elliott Management Corp. spent years pushing for changes at Arconic Inc. and its pre-breakup predecessor Alcoa Inc., arguing a better management team could steer the company toward higher profit margins. The hedge fund had a hand in picking at least seven of Arconic’s 13 board members, including CEO Chip Blankenship, whose one-year tenure ended abruptly on Wednesday as Arconic announced he would be replaced by Chairman John Plant. Elmer Doty, whom Elliott campaigned for as part of a 2017 proxy fight that saw former CEO Klaus Kleinfeld ousted, will be the chief operating officer.

  • Why Alcoa Corporation Stock Rallied Nearly 12% in January
    Motley Fool2 months ago

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    After a tough year, Alcoa's stock regained its footing last month, but there's still a lot to think about before jumping aboard.

  • Alcoa (AA) Gains But Lags Market: What You Should Know
    Zacks2 months ago

    Alcoa (AA) Gains But Lags Market: What You Should Know

    In the latest trading session, Alcoa (AA) closed at $29.65, marking a +0.2% move from the previous day.

  • Alcoa Corporation Appoints Chief Strategy Officer
    Business Wire2 months ago

    Alcoa Corporation Appoints Chief Strategy Officer

    Alcoa Corporation today announced that John Slaven will join the Company as Executive Vice President and Chief Strategy Officer, effective February 4.