19.01 -0.19 (-0.99%)
After hours: 6:26PM EDT
|Bid||18.87 x 1100|
|Ask||19.49 x 4000|
|Day's Range||18.95 - 19.30|
|52 Week Range||15.63 - 24.07|
|Beta (3Y Monthly)||2.35|
|PE Ratio (TTM)||14.84|
|Earnings Date||Jul 23, 2018 - Jul 27, 2018|
|Forward Dividend & Yield||0.20 (1.05%)|
|1y Target Est||21.63|
Arconic Inc (Pre-Reincorporation) NYSE:ARNCView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate and increasing * Economic output in this company's sector is contracting Bearish sentimentShort interest | NeutralShort interest is moderate for ARNC with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on March 15. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, growth of ETFs holding ARNC is favorable, with net inflows of $18.72 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Arconic (ARNC) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Used cans are piling up at scrapyards because U.S. aluminum companies are turning fewer of them into new metal, another indication of the economic challenges facing recycling. Inc. and other aluminum rollers are producing less sheet for beverage cans and more higher-margin, flat-rolled aluminum for automotive and industrial components. Prices for used aluminum cans in the U.S. have fallen about 30% since last summer.
Insider buying can be an encouraging signal for potential investors. Conventional wisdom says that insiders and 10 percent owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. Activision Blizzard, Inc. (NASDAQ: ATVI) saw a director step up to the buy window week.
Chairman and CEO of Arconic Inc (NYSE:ARNC) John C Plant bought 105,000 shares of ARNC on 03/12/2019 at an average price of $18.67 a share.
The Board of Directors of Arconic declared a dividend of 2 cents per share on the outstanding Common Stock of the Company, payable on May 25, 2019, to the holders of record of the Common Stock at the close of business on May 3, 2019.
Arconic (ARNC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
As the market got off to its best two-month start to a year in some three decades herein 2019, insider purchases not surprisingly have ebbed substantially and insider selling has picked up. and is a new name on our insider buying list this week.
Today we'll evaluate Arconic Inc. (NYSE:ARNC) to determine whether it could have potential as an investment idea. To be precise, we'll consider its Return On Capital Employed (ROCE), as thatRead More...
Arconic Inc. today announced that Neil Marchuk will join the Company as Executive Vice President, Human Resources, effective March 1, 2019. He will join the senior leadership team that sets strategic direction for Arconic.
Warren Buffett and the Problem with Elephants(Continued from Prior Part)Aviation bet In his 2018 annual letter, Berkshire Hathaway (BRK-B) chairman Warren Buffett said that he and vice-chair Charlie Munger “hope for an elephant-sized
NEW YORK, Feb. 20, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Arconic Inc. confirmed Tuesday that it has agreed to repurchase $700 million-worth of its common stock. JPMorgan Chase & Co. (NYSE: JPM) advised the deal. New York-based Arconic (NYSE:ARNC), the lightweight metals manufacturer spun off from Alcoa in 2016, will receive initial delivery of approximately 31.9 million shares on Thursday.
Arconic Inc. said Tuesday it has entered into a $700 million accelerated share repurchase (ASR) deal. Based on the metals manufacturer's Friday stock closing price of $17.55, the ASR could represent the buyback of 39.89 million shares, or about 8.3% of the shares outstanding. Under terms of the ASR with J.P. Morgan Chase Bank, National Association, London Branch, the initial delivery of about 31.9 million shares would be made on Feb. 21, with the final amount to be based on the volume-weighted average price during the term of the deal, less a discount. The stock, which is still inactive in premarket trade, has tumbled 13.7% over the past three months, while the S&P 500 has gained 3.2%.
Arconic Inc. (ARNC) today announced that it has entered into an accelerated share repurchase (ASR) agreement with JPMorgan Chase Bank, National Association, London Branch, to repurchase $700 million of Arconic’s common stock, pursuant to the share repurchase program previously authorized by the Board of Directors. Under the ASR agreement, Arconic will receive initial delivery of approximately 31.9 million shares on February 21, 2019.
Arconic Inc. (ARNC) announced that it today granted an award of 1,000,000 restricted stock units to new Chief Executive Officer John C. Plant, pursuant to its letter agreement with Mr. Plant, dated February 13, 2019, as well as an award of 385,000 restricted stock units to new Chief Operating Officer Elmer L. Doty, pursuant to its letter agreement with Mr. Doty, dated February 15, 2019. The restricted stock unit award granted to Mr. Plant will vest on February 6, 2020, contingent on his continued service as Chief Executive Officer, subject to prorated or full accelerated vesting upon the occurrence of certain events, and the restricted stock unit award granted to Mr. Doty will vest ratably over a two-year period, contingent on his continued service as Chief Operating Officer, subject to prorated or full accelerated vesting upon the occurrence of certain events.
The European Commission has begun an investigation into whether Chinese producers are dumping steel vehicle wheels into Europe at excessively low prices, the EU official journal said on Friday. The journal ...