Balance Sheet Breakdown: Alcoa Corp (AA)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $44.01 in the prior trading day, Alcoa Corp (NYSE: AA) closed at $42.01, down -4.54%. In other words, the price has decreased by -$4.54 from its previous closing price. On the day, 6.41 million shares were traded. AA stock price reached its highest trading level at $43.2798 during the session, while it also had its lowest trading level at $41.28.


Our goal is to gain a better understanding of AA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 1.61. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.62.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on April 22, 2024, Upgraded its rating to Equal-Weight and sets its target price to $36.50 from $28.50 previously.

On January 16, 2024, UBS started tracking the stock assigning a Sell rating and target price of $29.

On December 07, 2023, HSBC Securities started tracking the stock assigning a Hold rating and target price of $29.HSBC Securities initiated its Hold rating on December 07, 2023, with a $29 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 ’24 when Jones Tammi A sold 26,468 shares for $30.78 per share. The transaction valued at 814,582 led to the insider holds 41,166 shares of the business.

Jones Tammi A sold 1,440 shares of AA for $44,165 on Mar 13 ’24. The EVP & CHRO now owns 9,265 shares after completing the transaction at $30.67 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AA now has a Market Capitalization of 7543315456 and an Enterprise Value of 10325302272. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 1.89. Its current Enterprise Value per Revenue stands at 0.985 whereas that against EBITDA is 18.307.

Stock Price History:

Over the past 52 weeks, AA has reached a high of $45.48, while it has fallen to a 52-week low of $23.07. The 50-Day Moving Average of the stock is 11.67%, while the 200-Day Moving Average is calculated to be 37.77%.

Shares Statistics:

The stock has traded on average 6.29M shares per day over the past 3-months and 5721000 shares per day over the last 10 days, according to various share statistics. A total of 178.47M shares are outstanding, with a floating share count of 177.59M. Insiders hold about 1.10% of the company’s shares, while institutions hold 85.05% stake in the company. Shares short for AA as of 1715731200 were 12481857 with a Short Ratio of 1.98, compared to 1713139200 on 15412810. Therefore, it implies a Short% of Shares Outstanding of 12481857 and a Short% of Float of 8.9499995.

Dividends & Splits

In the trailing 12 months, AA’s forward annual dividend rate was 0.4, compared to 0.40 this year. Against a Trailing Annual Dividend Yield of 0.009088844

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