Currently, there are 258.88M common shares owned by the public and among those 256.75M shares have been available to trade.
The company’s stock has a 5-day price change of 9.70% and -26.91% over the past three months. AA shares are trading -32.35% year to date (YTD), with the 12-month market performance down to -29.16% lower. It has a 12-month low price of $21.53 and touched a high of $47.77 over the same period. AA has an average intraday trading volume of 5.90 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.47%, -16.09%, and -28.38% respectively.
Institutional ownership of Alcoa Corp (NYSE: AA) shares accounts for 69.69% of the company’s 258.88M shares outstanding.
It has a market capitalization of $6.62B and a beta (3y monthly) value of 2.29. The stock’s trailing 12-month PE ratio is 7.65, while the earnings-per-share (ttm) stands at $3.34. The company has a PEG of 0.18 and a Quick Ratio of 1.00 with the debt-to-equity ratio at 0.46. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.59% over the week and 7.50% over the month.
Analysts forecast that Alcoa Corp (AA) will achieve an EPS of 0.83 for the current quarter, 0.3 for the next quarter and 2.9 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.54 while analysts give the company a high EPS estimate of 0.54. Comparatively, EPS for the current quarter was 0.16 a year ago. Earnings per share for the fiscal year are expected to increase by 163.78%, and -26.75% over the next financial year.
Looking at the support for the AA, a number of firms have released research notes about the stock. BofA Securities stated their Underperform rating for the stock in a research note on April 08, 2025, with the firm’s price target at $26. Argus coverage for the Alcoa Corp (AA) stock in a research note released on October 23, 2024 offered a Buy rating with a price target of $48. B. Riley Securities was of a view on October 17, 2024 that the stock is Buy, while BofA Securities gave the stock Buy rating on October 01, 2024, issuing a price target of $43- $52. JP Morgan on their part issued Neutral rating on September 25, 2024.
