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

June 27, 2018 - By Lena Young

Alcoa Corporation (NYSE:AA) Corporate Logo
During 2018 Q1 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 worsened. 0 grew positions while 0 funds took positions. Funds hold 251,028 shares thus 61.08% less from 2017Q4’s 644,941 shares.
Cypress Capital Mngmt Ltd Company (Wy) has invested 0.03% in Alcoa Corporation (NYSE:AA). Carmignac Gestion invested in 0.08% or 250,000 shs. Gemmer Asset Mgmt Lc holds 0% or 42 shs. Vantage Inv Advisors Ltd Company holds 0% or 347 shs in its capital. The New York-based Focused Wealth has invested 0% in Alcoa Corporation (NYSE:AA).

Alcoa Corporation had 0 selling transactions and 4 buys since February 8, 2018. This’s net activity of $15.40 million. Hess David P bought $999,557 worth of stock. $33,500 worth of Alcoa Corporation (NYSE:AA) was bought by SCHMIDT ULRICH. On Tuesday, May 15 $4.60M worth of Alcoa Corporation (NYSE:AA) was bought by ELLIOTT ASSOCIATES – L.P..

On July, 18. Investors expect Alcoa Corporation (NYSE:AA) to announce its quarterly earnings, Faxor reports. Analysts expect change of 153.23 % or $0.95 from previous year’s $0.62 earnings per share compared to current’s $1.57 earnings per share. The profit will be $292.72 million for AA if $1.57 earnings per share becomes true. After $0.77 EPS report previous quarter, Wall Street now sees 103.90 % EPS growth of Alcoa Corporation. AA is touching $46.56 during the last trading session, after increased 1.66%.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&P 500 by 32.28%.

Alcoa Corporation (NYSE:AA) Ratings Coverage

In total 13 analysts cover Alcoa Inc (NYSE:AA). “Buy” rating has 9, “Sell” are 0, while 4 are “Hold”. (NYSE:AA) has 69% bullish analysts. 19 are the (NYSE:AA)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. The stock rating was maintained by Argus Research with “Buy” on Friday, April 20. The stock rating was maintained by Cowen & Co with “Hold” on Wednesday, January 17. On Thursday, January 18 the rating was maintained by CFRA with “Buy”. In Thursday, April 19 report Cowen & Co maintained it with “Hold” rating and $6700 target. On Tuesday, April 24 the stock has “Overweight” rating by Morgan Stanley. On Thursday, April 19 the company was maintained by BMO Capital Markets. On Tuesday, April 24 the stock has “Hold” rating by Citigroup. On Monday, April 9 the rating was maintained by Citigroup with “Buy”. On Thursday, January 18 the firm has “Buy” rating given by Bank of America. In Thursday, April 19 report Credit Suisse maintained it with “Outperform” rating and $71 target.

Alcoa Corporation produces and sells bauxite, alumina, and aluminum products.The firm is valued at $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 recently go to: Seekingalpha.com, Globenewswire.com, Investorplace.com, Benzinga.com or Seekingalpha.com. The titles are as follows: “Aluminum Tariffs Results Are A Mixed Bag For US So Far” posted on June 26, 2018, “Report: Exploring Fundamental Drivers Behind Cabot Oil & Gas, Chesapeake Lodging Trust, CASI Pharmaceuticals …” on June 25, 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 “Alcoa: Strong Operating Momentum, Attractive Relative Value” with publication date: June 22, 2018.

Alcoa Corporation (NYSE:AA) Analyst Ratings Chart

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