Alcoa Corp [AA] stock prices are down -0.09% to $43.98 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The AA shares have gain 1.08% over the last week, with a monthly amount glided 5.44%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Alcoa Corp [NYSE: AA] stock has seen the most recent analyst activity on October 23, 2024, when Argus upgraded its rating to a Buy but kept the price target unchanged to $48 for it. Previously, B. Riley Securities upgraded its rating to Buy on October 17, 2024, and elevated its price target to $50. On October 01, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $52 on the stock. Wolfe Research upgraded its rating to a Outperform but $36 remained the price target by the analyst firm on September 04, 2024. UBS upgraded its rating to Buy for this stock on August 12, 2024, and upped its price target to $38. In a note dated August 02, 2024, Wolfe Research upgraded an Peer Perform rating on this stock.
The stock price of Alcoa Corp [AA] has been fluctuating between $23.80 and $46.55 over the past year. Currently, Wall Street analysts expect the stock to reach $57.27 within the next 12 months. Alcoa Corp [NYSE: AA] shares were valued at $43.98 at the most recent close of the market. An investor can expect a potential return of 30.22% based on the average AA price forecast.
Analyzing the AA fundamentals
The Alcoa Corp [NYSE:AA] reported sales of 10.91B for trailing twelve months, representing a surge of 6.63%. Gross Profit Margin for this corporation currently stands at 0.07% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.07 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.56.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 43.14 points at the first support level, and at 42.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.51, and for the 2nd resistance point, it is at 45.04.
Ratios To Look Out For
It’s worth pointing out that Alcoa Corp [NYSE:AA]’s Current Ratio is 1.41. On the other hand, the Quick Ratio is 0.80, and the Cash Ratio is 0.38. Considering the valuation of this stock, the price to sales ratio is 1.11, the price to book ratio is 2.16.
Transactions by insiders
Recent insider trading involved Bacchi Renato, EVP & Chief Commercial Officer, that happened on Oct 22 ’24 when 23867.0 shares were sold. Officer, Bacchi Renato completed a deal on Oct 22 ’24 to buy 23867.0 shares. Meanwhile, EVP & CHRO Jones Tammi A sold 26468.0 shares on Mar 13 ’24.
