AA - Alcoa Corp Stock Price, Fair Value and News

36.06USD0.00 (0.00%)Market Closed

Market Summary

USD36.060.00

Market Closed

0.00%

AA Stock Price

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AA RSI Chart

AA Valuation

Market Cap

6.5B

Price/Earnings (Trailing)

-9.8

Price/Sales (Trailing)

0.61

EV/EBITDA

46.86

Price/Free Cashflow

-14.72

AA Price/Sales (Trailing)

AA Profitability

EBT Margin

-5.53%

Return on Equity

-15.55%

Return on Assets

-4.67%

Free Cashflow Yield

-6.8%

AA Fundamentals

AA Revenue

Revenue (TTM)

10.6B

Rev. Growth (Yr)

-2.55%

Rev. Growth (Qtr)

-0.27%

AA Earnings

Earnings (TTM)

-661.0M

Earnings Growth (Yr)

71.97%

Earnings Growth (Qtr)

16.67%

Breaking Down AA Revenue

Last 7 days

-0.1%

Last 30 days

14.8%

Last 90 days

21.1%

Trailing 12 Months

-5.3%

How does AA drawdown profile look like?

AA Financial Health

Current Ratio

1.45

Debt/Equity

0.41

Debt/Cashflow

0.05

AA Investor Care

Dividend Yield

0.28%

Dividend/Share (TTM)

0.1

Shares Dilution (1Y)

0.68%

Diluted EPS (TTM)

-3.65

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	11.8B	10.9B	10.6B	10.6B
2022	12.6B	13.4B	13.1B	12.5B
2021	9.8B	10.5B	11.2B	12.2B
2020	10.1B	9.5B	9.3B	9.3B
2019	13.0B	12.2B	11.3B	10.4B
2018	12.1B	12.8B	13.2B	13.4B
2017	9.8B	10.4B	11.0B	11.7B
2016	10.4B	9.6B	9.2B	9.3B
2015	12.7B	12.2B	11.7B	11.2B
2014	0	0	0	13.1B
2013	0	0	0	12.6B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Alcoa Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 03, 2024	williams steven w	acquired	76,219	37.18	2,050	-
Mar 13, 2024	jones tammi a	sold	-44,164	30.67	-1,440	evp & chro
Mar 13, 2024	jones tammi a	sold	-814,582	30.7761	-26,468	evp & chro
Jan 29, 2024	oplinger william f	sold (taxes)	-1,309,560	30.91	-42,367	president, ceo & director
Jan 29, 2024	oplinger william f	acquired	-	-	65,899	president, ceo & director
Jan 29, 2024	bacchi renato	acquired	-	-	11,655	evp & chief commercial officer
Jan 29, 2024	jones tammi a	sold (taxes)	-922,694	30.91	-29,851	evp & chro
Jan 29, 2024	jones tammi a	acquired	49,239	1.41173	34,879	evp & chro
Jan 29, 2024	jones tammi a	sold (taxes)	-49,641	30.91	-1,606	evp & chro
Jan 29, 2024	beerman molly s.	sold (taxes)	-240,696	30.91	-7,787	evp & cfo

Which funds bought or sold AA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	EADS & HEALD WEALTH MANAGEMENT	reduced	-5.98	-20,000	285,000	0.13%
Apr 23, 2024	Gradient Investments LLC	added	150	101	169	-%
Apr 23, 2024	PFG Private Wealth Management, LLC	reduced	-8.33	-1.00	379	-%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	unchanged	-	-8,000	1,223,000	0.04%
Apr 23, 2024	Venturi Wealth Management, LLC	sold off	-100	-25,670	-	-%
Apr 23, 2024	Tennessee Valley Asset Management Partners	sold off	-100	-30,776	-	-%
Apr 23, 2024	Total Clarity Wealth Management, Inc.	reduced	-10.22	-31,037	257,079	0.09%
Apr 23, 2024	GODSEY & GIBB, INC	sold off	-100	-13,600	-	-%
Apr 23, 2024	Global Retirement Partners, LLC	added	0.83	41,052	225,639	0.01%
Apr 23, 2024	Louisiana State Employees Retirement System	added	2.59	33,406	1,736,810	0.03%

Are Funds Buying or Selling AA?

Are funds buying AA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AA

No. of Funds

Unveiling Alcoa Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.06%	17,959,035	SC 13G/A
Jan 23, 2024	blackrock inc.	12.1%	21,622,197	SC 13G/A
Feb 10, 2023	vanguard group inc	10.06%	17,806,700	SC 13G/A
Feb 09, 2023	vanguard group inc	9.99%	17,673,416	SC 13G/A
Jan 30, 2023	blackrock inc.	12.6%	22,267,957	SC 13G
Feb 09, 2022	vanguard group inc	9.68%	18,119,209	SC 13G/A
Jan 10, 2022	blackrock inc.	10.6%	19,840,330	SC 13G
Jul 12, 2021	blackrock inc.	4.4%	8,239,357	SC 13G/A
Feb 10, 2021	vanguard group inc	8.80%	16,363,905	SC 13G/A
Feb 10, 2021	renaissance technologies llc	0.60%	1,111,996	SC 13G/A

Recent SEC filings of Alcoa Corp

View All Filings

Date Filed	Form Type	Document
Apr 18, 2024	DEFA14A	DEFA14A
Apr 17, 2024	8-K	Current Report
Apr 17, 2024	DEFA14A	DEFA14A
Apr 17, 2024	DEFA14A	DEFA14A
Apr 04, 2024	4	Insider Trading
Mar 21, 2024	8-K	Current Report
Mar 20, 2024	DEFA14A	DEFA14A
Mar 19, 2024	DEFA14A	DEFA14A
Mar 19, 2024	DEFA14A	DEFA14A
Mar 19, 2024	DEF 14A	DEF 14A

Peers (Alternatives to Alcoa Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SCCO	84.4B	9.9B	5.10%	37.98%	34.68	8.53	-1.51%	-8.06%
FCX	69.2B	22.9B	6.39%	21.38%	18.44	3.03	0.33%	-16.25%
NEM	44.5B	11.8B	11.67%	-21.47%	-17.84	3.77	-0.86%	-481.35%
NUE	41.6B	34.7B	-10.23%	12.58%	9.19	1.2	-16.38%	-40.52%
RS	18.0B	14.8B	-4.98%	25.64%	13.42	1.21	-13.03%	-27.33%
CLF	9.1B	22.0B	-12.75%	14.44%	20.27	0.41	-4.32%	-67.30%
MID-CAP
AA	6.5B	10.6B	14.78%	-5.26%	-9.8	0.61	-15.26%	-3472.97%
CMC	6.2B	8.4B	-5.93%	13.09%	9.14	0.74	-8.32%	-10.17%
HL	3.3B	720.2M	23.88%	-14.84%	-38.89	4.55	0.18%	-125.49%
MTRN	2.4B	1.7B	-10.63%	7.38%	25.59	1.47	-5.23%	11.29%
SMALL-CAP
CDE	1.7B	821.2M	38.44%	26.30%	-16.89	2.13	4.53%	-32.65%
CENX	1.6B	2.2B	32.75%	98.53%	-37.4	0.74	-21.31%	-205.67%
CMP	527.5M	1.2B	-24.73%	-59.09%	-9.03	0.44	-5.61%	-206.82%
AUMN	8.5M	12.0M	100.00%	-90.33%	-0.92	0.7	-48.46%	6.84%
GLG	989.3K	134.6M	-	-94.16%	-1.37	0.01	-14.16%	-115.91%

Alcoa Corp News

Latest updates

Alcoa Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In null)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-0.3%	2,595	2,602	2,684	2,670	2,663	2,851	3,644	3,293	3,340	3,109	2,833	2,870	2,392	2,365	2,148	2,381	2,436	2,567	2,711	2,719	3,344
S&GA Expenses	14.3%	64.00	56.00	52.00	54.00	64.00	44.00	52.00	44.00	68.00	53.00	54.00	52.00	55.00	47.00	44.00	60.00	62.00	66.00	68.00	84.00	59.00
R&D Expenses	55.6%	14.00	9.00	6.00	10.00	9.00	7.00	7.00	9.00	10.00	8.00	6.00	7.00	9.00	6.00	5.00	7.00	6.00	7.00	7.00	7.00	7.00
EBITDA Margin	700.1%	0.01*	0.00*	-0.05*	0.04*	0.11*	0.12*	0.22*	0.20*	0.17*	0.20*	0.16*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	7.7%	28.00	26.00	27.00	26.00	26.00	25.00	30.00	25.00	28.00	58.00	67.00	42.00	43.00	41.00	32.00	30.00	31.00	30.00	30.00	30.00	31.00
Income Taxes	-2.9%	-36.00	-35.00	22.00	52.00	180	40.00	234	210	298	127	111	93.00	20.00	42.00	45.00	80.00	54.00	95.00	116	150	163
Earnings Before Taxes	66.2%	-77.00	-228	-99.00	-180	-240	-729	908	763	-71.00	497	461	312	37.00	22.00	-105	219	-301	-52.00	-177	92.00	390
EBT Margin	21.3%	-0.06*	-0.07*	-0.11*	-0.02*	0.06*	0.07*	0.16*	0.13*	0.10*	0.12*	0.08*	-	-	-	-	-	-	-	-	-	-
Net Income	16.7%	-140	-168	-121	-232	-499	-746	674	553	-434	337	350	219	-4.00	-49.00	-197	80.00	-303	-221	-402	-199	51.00
Net Income Margin	34.8%	-0.06*	-0.10*	-0.15*	-0.07*	0.00*	0.00*	0.08*	0.06*	0.04*	0.08*	0.05*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	113.2%	10.00	-76.00	-128	-246	-53.00	6.00	429	-40.00	412	352	-165	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.7%	14,155	13,917	14,128	14,369	14,756	14,885	15,709	15,988	15,025	14,197	14,438	14,931	14,860	14,250	13,300	13,651	14,631	14,670	15,349	15,956	16,132
Current Assets	0.9%	4,405	4,365	4,670	4,946	5,250	5,350	5,863	5,598	5,026	4,285	4,201	4,891	4,520	4,053	3,179	3,333	3,530	3,643	3,818	4,114	4,328
Cash Equivalents	1.9%	944	926	990	1,138	1,363	1,541	1,748	1,665	1,924	1,459	1,655	2,547	1,610	1,739	968	832	883	844	837	1,020	1,116
Inventory	-1.5%	2,158	2,190	2,400	2,395	2,427	2,400	2,556	2,495	1,956	1,702	1,547	1,417	1,398	1,398	1,419	1,509	1,644	1,649	1,767	1,799	1,819
Net PPE	3.9%	6,785	6,532	6,445	6,426	6,493	6,254	6,457	6,824	6,623	6,679	6,976	6,930	7,190	7,250	7,289	7,160	7,916	7,929	8,273	8,328	8,327
Liabilities	6.2%	8,310	7,825	7,670	8,073	8,167	7,993	8,417	9,731	8,741	8,736	9,020	10,058	9,844	9,231	7,976	7,840	8,745	8,260	8,490	8,873	8,544
Current Liabilities	15.5%	3,030	2,624	2,596	2,785	3,004	2,954	3,236	3,466	3,223	2,929	2,671	3,221	2,761	2,303	2,241	2,223	2,563	2,455	2,531	2,803	2,919
Long Term Debt	-4.3%	1,732	1,809	1,808	1,806	1,806	1,725	1,725	1,727	1,726	1,724	2,216	2,214	2,463	2,538	1,800	1,801	1,799	1,805	1,804	1,802	1,801
Shareholder's Equity	-5.7%	4,251	4,509	6,458	6,296	5,076	6,892	7,292	6,257	6,284	5,461	5,418	4,873	5,016	5,019	5,324	5,811	5,886	6,410	6,859	7,083	7,588
Retained Earnings	-14.9%	-1,293	-1,125	-939	-819	-570	-158	606	114	-315	96.00	-241	-550	-725	-721	-672	-476	-555	-252	-31.00	371	570
Additional Paid-In Capital	0.1%	9,187	9,179	9,173	9,162	9,183	9,171	9,313	9,537	9,577	9,708	9,695	9,674	9,663	9,661	9,655	9,647	9,639	9,638	9,629	9,618	9,611
Accumulated Depreciation	-100.0%	-	13,304	13,369	13,223	13,112	12,765	13,190	13,621	13,130	13,432	13,575	13,269	13,332	13,811	13,588	13,021	13,799	13,527	13,853	13,687	13,480
Minority Interest	0.7%	1,594	1,583	1,616	1,606	1,513	1,521	1,626	1,678	1,612	1,583	1,649	1,625	1,705	1,624	1,619	1,536	1,774	1,871	1,964	1,926	1,970
Float	-	-	-	6,000	-	-	-	8,200	-	-	-	6,900	-	-	-	2,100	-	-	-	4,300	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	187.0%	198,000	69,000	-13,000	-163,000	118,000	134,000	536,000	34,000	565,000	435,000	-86,000	6,000	38,000	158,000	288,000	-90,000	262,000	174,000	82,000	168,000	535,000
Share Based Compensation	33.3%	8,000	6,000	11,000	10,000	12,000	8,000	11,000	9,000	13,000	8,000	10,000	8,000	1,000	7,000	9,000	8,000	1,000	8,000	11,000	10,000	6,000
Cashflow From Investing	-18.7%	-197,000	-166,000	-120,000	-102,000	-171,000	-138,000	-93,000	-93,000	94,000	-77,000	34,000	514,000	-117,000	-78,000	-79,000	107,000	-134,000	-76,000	-199,000	-59,000	-148,000
Cashflow From Financing	-82.9%	6,000	35,000	-24,000	40,000	-25,000	-185,000	-349,000	-209,000	-192,000	-545,000	-849,000	428,000	-63,000	692,000	-71,000	-44,000	-93,000	-81,000	-71,000	-199,000	-294,000
Dividend Payments	0%	18,000	18,000	18,000	18,000	17,000	18,000	19,000	18,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	-	-	-	-	-	-	150,000	275,000	75,000	-	-	-	-	-	-	-	-	-	-	-	-	-

AA Income Statement

2023-12-31

Statement of Consolidated Operations - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Sales (E)	$ 10,551	$ 12,451	$ 12,152
Cost of goods sold (exclusive of expenses below)	9,813	10,212	9,153
Selling, general administrative, and other expenses	226	204	227
Research and development expenses	39	32	31
Provision for depreciation, depletion, and amortization	632	617	664
Restructuring and other charges, net (D)	184	696	1,128
Interest expense (U)	107	106	195
Other expenses (income), net (U)	134	(118)	(445)
Total costs and expenses	11,135	11,749	10,953
(Loss) income before income taxes	(584)	702	1,199
Provision for income taxes (Q)	189	664	629
Net (loss) income	(773)	38	570
Less: Net (loss) income attributable to noncontrolling interest	(122)	161	141
Net (loss) income attributable to Alcoa Corporation	$ (651)	$ (123)	$ 429
Earnings per share attributable to Alcoa Corporation common shareholders (F):
Basic	$ (3.65)	$ (0.68)	$ 2.30
Diluted	$ (3.65)	$ (0.68)	$ 2.26

AA Balance Sheet

2023-12-31

Consolidated Balance Sheet - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents (P)	$ 944	$ 1,363
Receivables from customers (I)	656	778
Other receivables	152	131
Inventories (J)	2,158	2,427
Fair value of derivative instruments (P)	29	134
Prepaid expenses and other current assets	466	417
Total current assets	4,405	5,250
Properties, plants, and equipment, net (K)	6,785	6,493
Investments (H)	979	1,122
Deferred income taxes (Q)	333	296
Fair value of derivative instruments (P)	3	2
Other noncurrent assets (U)	1,650	1,593
Total Assets	14,155	14,756
Current liabilities:
Accounts payable, trade	1,714	1,757
Accrued compensation and retirement costs	357	335
Taxes, including income taxes	88	230
Fair value of derivative instruments (P)	214	200
Other current liabilities	578	481
Long-term debt due within one year (M & P)	79	1
Total current liabilities	3,030	3,004
Long-term debt, less amount due within one year (M & P)	1,732	1,806
Accrued pension benefits (O)	278	213
Accrued other postretirement benefits (O)	443	480
Asset retirement obligations (R)	772	711
Environmental remediation (S)	202	226
Fair value of derivative instruments (P)	1,092	1,026
Noncurrent income taxes (Q)	193	215
Other noncurrent liabilities and deferred credits (U)	568	486
Total liabilities	8,310	8,167
Contingencies and commitments (S)
Alcoa Corporation shareholders’ equity:
Common stock (N)	2	2
Additional capital	9,187	9,183
Accumulated deficit	(1,293)	(570)
Accumulated other comprehensive loss (G)	(3,645)	(3,539)
Total Alcoa Corporation shareholders’ equity	4,251	5,076
Noncontrolling interest (A)	1,594	1,513
Total equity	5,845	6,589
Total Liabilities and Equity	$ 14,155	$ 14,756

About Alcoa Corp

Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through three segments: Bauxite, Alumina, and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses. The company offers primary aluminum in the form of alloy ingot or value-add ingot to customers that produce products for the transportation, building and construction, packaging, wire, and other industrial markets. In addition, it owns hydro power plants that generates and sells electricity in the wholesale market to traders, large industrial consumers, distribution companies, and other generation companies. The company was formerly known as Alcoa Upstream Corporation and changed its name to Alcoa Corporation in October 2016. The company was founded in 1886 and is headquartered in Pittsburgh, Pennsylvania.

CEO	Mr. Roy C. Harvey
WEBSITE	alcoa.com
INDUSTRY	Metals and Mining
EMPLOYEES	13100

Alcoa Corp Frequently Asked Questions

What is the ticker symbol for Alcoa Corp? What does AA stand for in stocks?

AA is the stock ticker symbol of Alcoa Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Alcoa Corp (AA)?

As of Tue Apr 23 2024, market cap of Alcoa Corp is 6.47 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AA stock?

You can check AA's fair value in chart for subscribers.

What is the fair value of AA stock?

You can check AA's fair value in chart for subscribers. The fair value of Alcoa Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Alcoa Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Alcoa Corp a good stock to buy?

The fair value guage provides a quick view whether AA is over valued or under valued. Whether Alcoa Corp is cheap or expensive depends on the assumptions which impact Alcoa Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AA.

What is Alcoa Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, AA's PE ratio (Price to Earnings) is -9.8 and Price to Sales (PS) ratio is 0.61. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AA PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Alcoa Corp's stock?

In the past 10 years, Alcoa Corp has provided -0.01 (multiply by 100 for percentage) rate of return.