In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Alcoa Corp (NYSE: AA) closed at $25.56 in the last session, down -0.58% from day before closing price of $25.71. In other words, the price has decreased by $-0.58 from its previous closing price. On the day, 7.35 million shares were traded. AA stock price reached its highest trading level at $26.0408 during the session, while it also had its lowest trading level at $25.19.
Ratios:
We take a closer look at AA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.01. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.44.
On October 23, 2024, Argus Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $48.
B. Riley Securities Upgraded its Neutral to Buy on October 17, 2024, whereas the target price for the stock was revised from $41 to $50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 22 ’24 when Bacchi Renato sold 23,867 shares for $42.29 per share. The transaction valued at 1,009,431 led to the insider holds 57,317 shares of the business.
Bacchi Renato bought 23,867 shares of AA for $1,009,430 on Oct 22 ’24.
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 6617100288 and an Enterprise Value of 8207596544. As of this moment, Alcoa’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.65, and their Forward P/E ratio for the next fiscal year is 9.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 0.648 whereas that against EBITDA is 3.586.
Stock Price History:
The Beta on a monthly basis for AA is 2.29, which has changed by -0.27262378 over the last 52 weeks, in comparison to a change of 0.097913146 over the same period for the S&P500. Over the past 52 weeks, AA has reached a high of $47.77, while it has fallen to a 52-week low of $21.53. The 50-Day Moving Average of the stock is -16.09%, while the 200-Day Moving Average is calculated to be -28.38%.
Shares Statistics:
According to the various share statistics, AA traded on average about 5.90M shares per day over the past 3-months and 7634280 shares per day over the past 10 days. A total of 258.88M shares are outstanding, with a floating share count of 256.75M. Insiders hold about 0.82% of the company’s shares, while institutions hold 69.69% stake in the company. Shares short for AA as of 1744675200 were 15374943 with a Short Ratio of 2.61, compared to 1741910400 on 10707618. Therefore, it implies a Short% of Shares Outstanding of 15374943 and a Short% of Float of 6.6300004999999995.
Dividends & Splits
The forward annual dividend rate for AA is 0.40, which was 0.4 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.01555815The current Payout Ratio is 142.65% for AA, which recently paid a dividend on 2025-03-04 with an ex-dividend date of 1741046400. Stock splits for the company last occurred on 2016-11-01 when the company split stock in a 1000:801 ratio.
