Alcoa Corp Stock Today
| AA Stock | USD 37.68 0.67 1.75% |
Performance0 of 100
| Odds Of DistressLess than 18
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Alcoa Corp is trading at 37.68 as of the 28th of December 2024, a 1.75% down since the beginning of the trading day. The stock's open price was 38.35. Alcoa Corp has less than a 18 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Note, on July 22, 2024, Representative Michael McCaul of US Congress acquired $15k to $50k worth of Alcoa Corp's common stock.
Business Domain Materials | IPO Date 1st of November 2016 | Category Basic Materials |
Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania. The company has 258.36 M outstanding shares of which 8.45 M shares are presently sold short in the market by investors with about 1.85 days to cover all shorted shares. More on Alcoa Corp
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Follow Valuation Profit Patterns Odds of Bankruptcy
Fiscal Year End 15th of January 2025
Alcoa Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Steven Williams | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Steel Works Etc (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [AA PLC, Alba Minerals Ltd, Arconic Inc] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, NYSE Composite, SP Midcap 400, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Steel Works Etc, Materials, Metals & Mining, Aluminum, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsAlcoa Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Alcoa Corp's financial leverage. It provides some insight into what part of Alcoa Corp's total assets is financed by creditors.
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Alcoa Corp (AA) is traded on New York Stock Exchange in USA. It is located in 201 Isabella Street, Pittsburgh, PA, United States, 15212-5858 and employs 13,600 people. Alcoa Corp is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 9.73 B. Alcoa Corp is active under Metals & Mining sector as part of Materials industry. The entity has 258.36 M outstanding shares of which 8.45 M shares are presently sold short in the market by investors with about 1.85 days to cover all shorted shares.
Alcoa Corp reports about 1.36 B in cash with 91 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.09.
Check Alcoa Corp Probability Of Bankruptcy
Ownership AllocationAlcoa Corp holds a total of 258.36 Million outstanding shares. The majority of Alcoa Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Alcoa Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Alcoa Corp. Please pay attention to any change in the institutional holdings of Alcoa Corp as this could imply that something significant has changed or is about to change at the company. On July 22, 2024, Representative Michael McCaul of US Congress acquired $15k to $50k worth of Alcoa Corp's common stock.
Check Alcoa Ownership Details
Alcoa Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Arga Investment Management, Lp | 2024-09-30 | 2.3 M | |
| Jpmorgan Chase & Co | 2024-09-30 | 2.2 M | |
| Antipodes Partners Limited | 2024-09-30 | 2.2 M | |
| Encompass Capital Advisors Llc | 2024-09-30 | 2.1 M | |
| Voloridge Investment Management, Llc | 2024-09-30 | 2.1 M | |
| Norges Bank | 2024-06-30 | 2 M | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 1.9 M | |
| Fisher Asset Management, Llc | 2024-09-30 | 1.9 M | |
| Two Sigma Investments Llc | 2024-09-30 | 1.8 M | |
| Vanguard Group Inc | 2024-09-30 | 25.8 M | |
| Blackrock Inc | 2024-06-30 | 17.2 M |
Alcoa Corp Historical Income Statement
Alcoa Stock Against Markets
Alcoa Corp Corporate Directors
| Carol Roberts | Independent Director | Profile | |
| James Hughes | Independent Director | Profile | |
| Kathryn Fuller | Independent Director | Profile | |
| Mary Citrino | Independent Director | Profile |
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The danger of trading Alcoa Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alcoa Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alcoa Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alcoa Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alcoa Corp. If investors know Alcoa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alcoa Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.81 | Dividend Share 0.4 | Earnings Share (1.56) | Revenue Per Share 57.238 | Quarterly Revenue Growth 0.116 |
The market value of Alcoa Corp is measured differently than its book value, which is the value of Alcoa that is recorded on the company's balance sheet. Investors also form their own opinion of Alcoa Corp's value that differs from its market value or its book value, called intrinsic value, which is Alcoa Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alcoa Corp's market value can be influenced by many factors that don't directly affect Alcoa Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alcoa Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alcoa Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcoa Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.