On July, 18 Analysts See $1.57 EPS for Alcoa Corporation (AA)

June 27, 2018 - By Cynthia Ashman

Alcoa Corporation (NYSE:AA) Corporate Logo
During Q1 2018 the big money sentiment decreased to 0. That’s change of 0.67, from 2017Q4’s 0.67. 2 investors sold all, 2 reduced holdings as Alcoa Corporation ratio dropped. 0 increased stakes while 0 funds amassed stakes. Funds hold 251,028 shares thus 61.08% less from 2017Q4’s 644,941 shares.
Focused Wealth Mgmt, New York-based fund reported 29 shs. Gemmer Asset Lc holds 42 shs. Vantage Advsrs Ltd Limited Liability Company invested in 347 shs. Carmignac Gestion reported 250,000 shs. Cypress Management Lc (Wy) owns 610 shs or 0.03% of their US capital.

Alcoa Corporation had 0 insider sales and 4 insider buys since February 8, 2018. This’s net activity of $15.40 million. 544,000 Alcoa Corporation (NYSE:AA) shs with value of $9.77 million were bought by ELLIOTT INTERNATIONAL – L.P.. Hess David P also bought $999,557 worth of Alcoa Corporation (NYSE:AA) on Thursday, February 8. 256,000 shs were bought by ELLIOTT ASSOCIATES – L.P., worth $4.60M on Tuesday, May 15.

Alcoa Corporation (NYSE:AA)’s earnings release is expected by WallStreet on July, 18, as reported by Faxor. Analysts have anticipation on stock’s earnings per share of $1.57. That’s up 153.23 % from last year’s $0.62 earnings per share. This could reach $292.72 million profit for AA assuming the current $1.57 earnings per share will become reality. 103.90 % EPS growth is what analysts predict. $0.77 earnings per share was published for previous quarter. Ticker’s shares touched $46.56 during the last trading session after 1.66% change.Currently Alcoa Corporation is uptrending after 44.85% change in last June 27, 2017. AA has 779,401 shares volume. The stock outperformed the S&P500 by 32.28%.

Alcoa Corporation (NYSE:AA) Ratings Coverage

A total of 13 analysts rate Alcoa Inc (NYSE:AA) as follows: 9 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 69% are bullish. (NYSE:AA) has 19 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Thursday, April 19 the firm has “Outperform” rating by BMO Capital Markets given. On Tuesday, April 24 the stock of Alcoa Corporation (NYSE:AA) earned “Hold” rating by Citigroup. On Thursday, January 18 the stock has “Buy” rating by Bank of America. On Wednesday, June 20 the stock of Alcoa Corporation (NYSE:AA) has “Hold” rating given by FBR Capital. On Thursday, January 18 the stock of Alcoa Corporation (NYSE:AA) has “Buy” rating given by CFRA. On Wednesday, January 17 the rating was maintained by Cowen & Co with “Hold”. The company rating was maintained by Credit Suisse on Thursday, April 19. On Tuesday, April 24 the firm earned “Overweight” rating by Morgan Stanley. On Monday, April 9 the rating was maintained by Cowen & Co with “Hold”. On Wednesday, January 17 the firm has “Buy” rating given by BMO Capital Markets.

Alcoa Corporation produces and sells bauxite, alumina, and aluminum products.The firm is worth $8.68 billion. It operates through six divisions, Bauxite, Alumina, Aluminum, Cast Products, Energy, and Rolled Products.61.34 is the P/E ratio. The firm also offers aluminum cast products; and aluminum sheets for the production of cans for beverage, food, and pet food.

For more Alcoa Corporation (NYSE:AA) news posted briefly go to: Globenewswire.com, Seekingalpha.com, Investorplace.com, Benzinga.com or Seekingalpha.com. The titles are as follows: “Report: Exploring Fundamental Drivers Behind Cabot Oil & Gas, Chesapeake Lodging Trust, CASI Pharmaceuticals …” posted on June 25, 2018, “Alcoa: Strong Operating Momentum, Attractive Relative Value” on June 22, 2018, “20 Massively Underpriced Stocks Wall Street Expects to Soar” with a publish date: June 25, 2018, “A Look Back At What’s Happened To Each Sector Through The First Half Of 2018 (Part 2)” and the last “Aluminum Tariffs Results Are A Mixed Bag For US So Far” with publication date: June 26, 2018.

Alcoa Corporation (NYSE:AA) Analyst Ratings Chart

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