A Closer Look At Alcoa Corporation (AA)’s Financials


As of Friday close, Alcoa Corporation’s (NYSE:AA) stock was down -$0.1, moving down -0.30 percent to $33.69. The average number of shares traded per day over the past five days has been 4,005,940 shares. 1 time new highs have been achieved over the past 5 days, with a -$2.41 fall in that time frame. In the last twenty days, the average volume was 3,537,945, while in the previous 50 days, it was 4,398,428.

Since last month, AA stock retreated -7.11%. Shares of the company fell to $33.51 on 05/25/23, the lowest level in the past month. A 52-week high of $67.52 was reached on 01/18/23 after having rallying from a 52-week low of $33.51. Since the beginning of this year, AA’s stock price has dropped by -25.91% or -$11.78, and marked a new high 8 times. However, the stock has declined by -50.10% since its 52-week high.

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AA stock investors should be aware that Alcoa Corporation (AA) stock had its last reported insider trading activity 108 days ago on Feb 08. Harvey Roy Christopher, the President, CEO & Director of the company, disposed of 30,000 shares for $51.34 on Feb 08. It resulted in a $1,540,170 divestment by the insider. Bacchi Renato sold 10,000 shares at an average price of $53.50 on Feb 01. The insider now owns 59,567 shares following the transaction. On Jan 31, EVP & Chief Ext. Aff. Officer Elam Harden Sonya sold 4,514 shares at $51.87 apiece. The transaction was valued at $234,142.

Valuation Metrics

The stock’s beta is 2.43. Besides these, the trailing price-to-sales (P/S) ratio of 0.52, the price-to-book (PB) ratio of 1.28, and the price-to-cash flow ratio of 95.76 may also be considered.

The latest dividend of $0.10 per share was paid out, remained unchanged from last year’s $0.10. On Thursday October 14 2021, a $0.07 dividend increase was announced.

Financial Health

In the three months ended March 30, Alcoa Corporation’s quick ratio stood at 0.90, while its current ratio was 1.80, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.39, and the total debt-to-equity ratio was 0.39. On the profitability front, the trailing twelve-month gross margin is 11.80% percent. In the year ended March 30, EBITDA margin amounted to 18.13%, whereas operating margins totaled -1.60%. Based on annual data, AA earned $2.24 billion in gross profit and brought in $12.45 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 0.40%. Return on equity (ROE) for the past 12 months was -15.80%.

In Alcoa Corporation’s quarter-end financial report for March 30, it reported total debt of $1.81 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. AA’s revenue fell -23.33% to $2.66 billion during the quarter, while net income inched up to $2.67 billion. While analysts expected Alcoa Corporation to report -$0.11 quarterly earnings, the actual figure was -$0.23 per share, beating the consensus estimate by -109.10%. During the quarter, the company generated $53.0 million in EBITDA. The liabilities of Alcoa Corporation were 8.07 billion at the end of its most recent quarter ended March 30, and its total debt was $1.83 billion. The value of shareholders’ equity is $178.4 million.

Technical Picture

This quick technical analysis looks at Alcoa Corporation’s (AA) price momentum. With a historical volatility rate of 25.03%, the RSI 9-day stood at 30.74% on 26 May.

With respect to its five-day moving average, the current Alcoa Corporation price is down by -6.68% percent or -$2.41. At present, AA shares trade -9.29% below its 20-day simple moving average and -24.43% percent below its 100-day simple moving average. However, the stock is currently trading approximately -17.33% below its SMA50 and -36.37% below its SMA200.

Stochastic coefficient K was 4.76% and Stochastic coefficient D was 18.46%, while ATR was 1.26. Given the Stochastic reading of 4.69% for the 14-day period, the RSI (14) reading has been calculated as 34.92%. As of today, the MACD Oscillator reading stands at -1.57, while the 14-day reading stands at -1.77.

Analyst Ratings

Alcoa Corporation (AA) has been rated Overweight by analysts. According to 0 brokerage firms, AA is a sell, and 6 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate Alcoa Corporation stock as buy, with 8 recommending it as overweight.

With a median target price of $51.50, the current consensus forecast for the stock is $37.00 – $65.00. Based on these forecasts, analysts predict Alcoa Corporation (AA) will achieve an average price target of $49.63.


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