Alcoa Corp (AA) EPS Estimated At $0.71

September 17, 2017 - By Migdalia James

 Alcoa Corp (AA) EPS Estimated At $0.71
Investors sentiment decreased to 0.01 in Q4 2016. Its down 0.54, from 0.55 in 2016Q3. It dived, as 377 investors sold Alcoa Corp shares while 9 reduced holdings. 2 funds opened positions while 0 raised stakes. 715,253 shares or 99.89% less from 629.97 million shares in 2016Q3 were reported.
Fifth Third Financial Bank invested in 2,014 shares or 0% of the stock. American Rech And has invested 0% of its portfolio in Alcoa Corp (NYSE:AA). Gemmer Asset Management Lc stated it has 42 shares. Covington Cap Management invested in 10,657 shares or 0.03% of the stock. Peoples Finance Services Corp owns 712 shares for 0% of their portfolio. Asset Mgmt Limited Liability Corp has 1,111 shares for 0.02% of their portfolio. Focused Wealth Mgmt Incorporated has 0% invested in Alcoa Corp (NYSE:AA) for 29 shares. Amg Funds Ltd, Connecticut-based fund reported 14,514 shares. Cibc World holds 0.09% or 300,000 shares. Carmignac Gestion reported 369,999 shares. Stevens First Principles Advisors holds 0.02% or 984 shares. Folger Nolan Fleming Douglas Mgmt holds 10,900 shares or 0.02% of its portfolio. Salem Counselors has invested 0% in Alcoa Corp (NYSE:AA). Vantage Advisors Limited invested in 0% or 347 shares. Ftb Advsrs Incorporated accumulated 3,600 shares.

Since May 26, 2017, it had 2 insider purchases, and 0 sales for $471,689 activity. 7,325 shares were bought by AYERS CHRISTOPHER L, worth $200,039.

Wall Street await Alcoa Corp (NYSE:AA) to release earnings on October, 18 after the close. The expected AA’s profit could reach $130.87M giving the stock 15.72 P/E in the case that $0.71 earnings per share is reported. After posting $0.62 EPS for the previous quarter, Alcoa Corp’s analysts now forecast 14.52 % EPS growth. The stock decreased 0.31% or $0.14 on September 15, reaching $44.65. About 5.44M shares traded or 38.07% up from the average. Alcoa Corp (NYSE:AA) has 0.00% since September 17, 2016 and is . It has underperformed by 16.70% the S&P500.

Alcoa Corp (NYSE:AA) Ratings Coverage

Among 23 analysts covering Alcoa Inc. (NYSE:AA), 15 have Buy rating, 0 Sell and 8 Hold. Therefore 65% are positive. Alcoa Inc. had 62 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was initiated by Citigroup on Monday, November 7 with “Buy”. RBC Capital Markets maintained Alcoa Corp (NYSE:AA) on Friday, October 9 with “Sector Perform” rating. Gabelli maintained Alcoa Corp (NYSE:AA) on Tuesday, January 12 with “Buy” rating. The rating was upgraded by Macquarie Research on Friday, January 8 to “Outperform”. The stock of Alcoa Corp (NYSE:AA) earned “Buy” rating by Stifel Nicolaus on Friday, October 7. The firm earned “Buy” rating on Friday, February 3 by Bank of America. The stock of Alcoa Corp (NYSE:AA) has “Outperform” rating given on Tuesday, December 20 by Macquarie Research. The rating was maintained by BMO Capital Markets with “Market Perform” on Tuesday, January 12. The firm earned “Buy” rating on Wednesday, January 25 by Citigroup. The rating was maintained by UBS on Tuesday, January 12 with “Buy”.

Alcoa Corporation, formerly Alcoa Upstream Corporation, is engaged in the production of bauxite, alumina and aluminum of various cast and rolled products. The company has market cap of $8.23 billion. The Firm is engaged in the production and management of aluminum and alumina combined through its participation in various aspects of the industry, such as technology, mining, refining, smelting, and recycling. It has a 53.97 P/E ratio. The Company’s divisions include Bauxite, Alumina, Aluminum, Cast Products, Energy and Rolled Products.

More notable recent Alcoa Corp (NYSE:AA) news were published by: Investorplace.com which released: “Trade of the Day: Alcoa Corp (AA) Stock Aims Higher” on August 28, 2017, also Bizjournals.com with their article: “7 things to know about Alcoa’s HQ move back to Pittsburgh” published on August 31, 2017, Fool.com published: “How Alcoa Inc. Makes Most of Its Money” on September 16, 2017. More interesting news about Alcoa Corp (NYSE:AA) were released by: Seekingalpha.com and their article: “Alcoa Corporation (AA) Presents at Morgan Stanley 5th Annual Laguna Conference …” published on September 14, 2017 as well as Nasdaq.com‘s news article titled: “Commit To Purchase Alcoa Corporation At $28, Earn 7.7% Using Options” with publication date: September 14, 2017.

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