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In the latest session, Alcoa Corp (NYSE: AA) closed at $30.14 down -1.18% from its previous closing price of $30.50. In other words, the price has decreased by -$1.18 from its previous closing price. On the day, 4.26 million shares were traded. AA stock price reached its highest trading level at $30.54 during the session, while it also had its lowest trading level at $29.4.
Ratios:
For a deeper understanding of Alcoa Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 185.78. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.52.
On October 17, 2024, B. Riley Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $41 to $50.
BofA Securities Upgraded its Neutral to Buy on October 01, 2024, whereas the target price for the stock was revised from $43 to $52.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 7802793472 and an Enterprise Value of 9520774144. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.63 while its Price-to-Book (P/B) ratio in mrq is 1.51. Its current Enterprise Value per Revenue stands at 0.8 whereas that against EBITDA is 6.084.
Stock Price History:
The Beta on a monthly basis for AA is 2.28, which has changed by -0.18934911 over the last 52 weeks, in comparison to a change of 0.08089435 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 $27.12. The 50-Day Moving Average of the stock is -12.51%, while the 200-Day Moving Average is calculated to be -18.54%.
Shares Statistics:
For the past three months, AA has traded an average of 5.03M shares per day and 4590240 over the past ten days. A total of 258.36M shares are outstanding, with a floating share count of 256.75M. Insiders hold about 0.82% of the company’s shares, while institutions hold 69.76% stake in the company. Shares short for AA as of 1741910400 were 10707618 with a Short Ratio of 2.13, compared to 1739491200 on 11419473. Therefore, it implies a Short% of Shares Outstanding of 10707618 and a Short% of Float of 4.62.
Dividends & Splits
According to the company, the forward annual dividend rate for AA is 0.40, from 0.4 in the trailing year. Against a Trailing Annual Dividend Yield of 0.013114754The 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.
