AA - Alcoa Corporation
| Previous Close | 41.56 |
| Open | 41.53 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 40.03 - 41.55 |
| 52 Week Range | 35.54 - 62.35 |
| Volume | 9,855,642 |
| Avg. Volume | 3,631,515 |
| Market Cap | 7.518B |
| Beta | N/A |
| PE Ratio (TTM) | 53.12 |
| EPS (TTM) | 0.76 |
| Earnings Date | Oct 16, 2018 - Oct 22, 2018 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 62.85 |
- MarketWatch•14 hours ago
Alcoa CEO explains why aluminum tariffs are hurting, not helping
For investors who thought the tariffs imposed by the Trump administration would help U.S. aluminum producers, Alcoa explains why they actually hurt.
- Barrons.com•yesterday
[$$] Charting the Market
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- Reuters•yesterday
Amazon, Toyota, Alcoa and others working to counter Trump's tariff plans
SAN FRANCISCO/WASHINGTON (Reuters) - Big companies in the United States from Amazon.com Inc to Toyota Motor Corp and Alcoa Corp are working to counter the effect of the Trump administration's trade policies and to head off new tariffs. Companies are attempting to avoid any confrontation with U.S. President Donald Trump but want to exert as much influence as they can to dissuade him from tearing up trade agreements or introducing tariffs on a wide swath of imports. Amazon, the world's largest online retailer and cloud-computing company, which could be hurt by tariffs on items sold through its website and components for its data centers, is discussing industry-wide advertising campaigns and more extensive government lobbying, a person familiar with the matter told Reuters on condition of anonymity.
- InvestorPlace•yesterday
How Much Is Alcoa Hurt By Trump Tariffs?
While Donald Trump’s tariffs are still in the early phases, we are already seeing the winners and losers. This week, the shares got crushed because of a dicey earnings report — largely due to the ill-effects of tariffs. On the news, AA stock fell by 13%.
Reuters•yesterdayAmazon, Toyota, Alcoa and others working to counter Trump's tariff plans
SAN FRANCISCO/WASHINGTON (Reuters) - Big companies in the United States from Amazon.com Inc (AMZN.O) to Toyota Motor Corp and Alcoa Corp (AA.N) are working to counter the effect of the Trump administration's trade policies and to head off new tariffs. Companies are attempting to avoid any confrontation with U.S. President Donald Trump but want to exert as much influence as they can to dissuade him from tearing up trade agreements or introducing tariffs on a wide swath of imports. Amazon, the world's largest online retailer and cloud-computing company, which could be hurt by tariffs on items sold through its website and components for its data centers, is discussing industry-wide advertising campaigns and more extensive government lobbying, a person familiar with the matter told Reuters on condition of anonymity.
- The Wall Street Journal•yesterday
[$$] The Trade Casualties Mount
President Trump is escalating his trade rhetoric, threatening China and Europe with more tariffs on more goods if they don’t agree to his terms. Mr. Trump says winning these trade wars is “easy,” so let's take a look at the early returns on his steel and aluminum tariffs and the retaliation they’ve inspired. Commerce Secretary Wilbur Ross in March slapped a 10% tariff on aluminum and 25% on steel in the name of helping American metal manufacturers.
- Market Realist•2 days ago
Should Investors Be Concerned with Alcoa’s Updated 2018 Guidance?
During its earnings release, Alcoa (AA) lowered its 2018 adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) guidance to $3.0 billion to $3.2 billion from the previous guidance of $3.5 billion to $3.7 billion. The guidance assumes unpriced aluminum sales at $2,100 per metric ton and API (alumina price index) of $465 per metric ton. Alcoa’s previous guidance was based on assumptions of $2,300 per metric ton aluminum and $500 per metric ton API.
- Motley Fool•2 days ago
An Arconic Buyout Makes Sense, but Not for Investors
Bruised and battered shareholders have every reason to want to hit the exits. But if they do, they might be transferring significant upside to a private equity buyer.
- ACCESSWIRE•2 days ago
Today’s Research Reports on Stocks to Watch: Alcoa and Schmitt Industries
NEW YORK, NY / ACCESSWIRE / July 20, 2018 / Both Alcoa and Schmitt Industries reported quarterly results this week. While Alcoa dropped on worries of tariff costs and its effects on the company, shares of Schmitt roared on the company's fourth quarter and full year 2018 results. Alcoa Corporation shares closed down 13.34% on nearly 20 million shares traded yesterday.
Market Realist•2 days agoWhy Alcoa Is Apprehensive about President Trump’s Tariffs
According to Alcoa, “Higher alumina and aluminum prices, as well as a stronger U.S. dollar, were the primary factors driving this sequential increase. Notably, we saw a sharp rise in alumina and aluminum prices towards the beginning of Q2 2018 after President Trump imposed sanctions on RUSAL, the leading Russian aluminum producer. US Midwest aluminum premiums also rose to multiyear highs after President Trump imposed Section 232 tariffs.
- The Wall Street Journal•2 days ago
[$$] Alcoa Shares Drop As Investors Worry About Tariff Impacts
Shares of Alcoa Corp. fell 13% to $41.56 on Thursday after the aluminum maker said the recently enacted U.S. tariffs are hurting its earnings. The Pittsburgh company, which made only about 14% of the aluminum it produced globally last year in the U.S., relies on imports from Canada. Alcoa said Wednesday that it incurred $15 million of costs last month stemming from the newly implemented tariffs on imports from its foreign operations, primarily from Canada.
- Bloomberg•2 days ago
America's Top Aluminum Maker Is Getting Hit by U.S. Tariffs
U.S. aluminum tariffs that were meant to protect the industry from foreign competitors are instead taking a bite out of the earnings of the nation’s largest producer. Alcoa Corp. lowered its 2018 profit ...
Motley Fool•2 days agoAlcoa (AA) Q2 2018 Earnings Conference Call Transcript
AA earnings call for the period ending June 30, 2018.
- Motley Fool•2 days ago
What Happened in the Stock Market Today
On a day the major benchmarks fell, Alcoa reported that aluminum tariffs are hurting profits and eBay announced mixed results.
Market Realist•2 days agoAlcoa’s Second-Quarter Earnings: What You Need to Know
Alcoa (AA) reported its second-quarter earnings on July 18. In this article, we’ll see how Alcoa performed on key financial metrics in the quarter. Alcoa reported revenues of $3.6 billion in the quarter as compared to $3.1 billion in Q1 2018 and $2.9 billion in Q2 2017.
- Motley Fool•2 days ago
Why Aluminum Stocks are Sinking Today
Alcoa Corp. unveiled a nasty surprise in its second-quarter results.
InvestorPlace•2 days ago5 Top Stock Trades for Friday Morning
Shares of Alcoa plunge after reporting earnings, while Bank of America retests their prior breakout spot. Here are our top stock trades for Friday:Top Stock Trades for Tomorrow #1: AA
- Reuters•2 days ago
Alcoa cuts adjusted EBITDA forecast citing tariffs, shares slide
The company's shares fell 2 percent in after-market trading, dragging shares of rival Century Aluminum Co down 1 percent. Alcoa now expects adjusted EBITDA to range between $3.0 billion and $3.2 billion, compared to its previous forecast of $3.5 billion to $3.7 billion. U.S. President Donald Trump imposed tariffs of 25 percent on imports of steel and 10 percent on aluminum on countries including Canada and Mexico and the European Union that went into effect in June.
Market Realist•2 days agoAlcoa’s Q2 2018 Earnings: The Good, the Bad, and the Ugly
Alcoa (AA) released its second-quarter earnings on July 18. Century Aluminum’s (CENX) earnings are scheduled for August 1. Alcoa was down in the after-hours trading session yesterday after its second-quarter earnings release.
Reuters•2 days agoAlcoa shares fall as tariffs, energy costs weigh on forecast
Alcoa which was also hit by rising oil and gas prices in the quarter, said it expects a negative monthly impact between $12 million and $14 million as long as the tariffs on imported aluminum are in place. Credit Suisse analyst Curt Woodworth said in a note that it was surprising Alcoa has not filed an exclusion request as it is currently seeing annualized headwinds of $150 million and imports about 600,000 tons of aluminum from Canada. Alcoa, the largest aluminum producer in the United States, has also been hurt by falling prices.
- Thomson Reuters StreetEvents•3 days ago
Edited Transcript of AA.N earnings conference call or presentation 18-Jul-18 9:00pm GMT
Q2 2018 Alcoa Corp Earnings Call
- MarketWatch•3 days ago
Alcoa's stock tumbles to pace NYSE decliners after outlook cut, citing 'unfavorable' tariff impact
MARKET PULSE Shares of Alcoa Corp. (aa) tumbled 8.3% toward a seven-month low in active morning trade Thursday, enough to pace all the decliners listed on the NYSE, after the aluminum company cuts its outlook, citing the unfavorable impact of aluminum tariffs and increased energy costs.
- Investor's Business Daily•3 days ago
Stock Market Retreats; Trump Tariffs Slam Alcoa
CEO Roy Harvey said President Trump's tariffs are creating a significant headwind for the company.
- Motley Fool•3 days ago
Is Arconic Headed for a Private Equity Acquisition?
Shares of the aluminum parts manufacturer popped on the buyout rumor.
- Bloomberg Video•2 days ago
America's Top Aluminum Maker Is Getting Hit by U.S. Tariffs
Jul.19 -- U.S. aluminum tariffs that were meant to protect the industry from foreign competitors are instead taking a bite out of the earnings of the nation’s largest producer. Alcoa Corp. lowered its 2018 profit projection as tariffs on imported aluminum present what Chief Executive Officer Roy Harvey is calling a “significant” headwind. Bloomberg's Joe Deaux talks with Bloomberg's Alix Steel about Alcoa and trade.
