Alcoa logged a 3.4% change during today's morning session, and is now trading at a price of $48.09 per share. The S&P 500 index moved -0.1% and the Dow Industrial Average posted a -0.4% change. AA's trading volume is 535,439 compared to the stock's average volume of 7,680,071.
Alcoa trades -0.19% away from its average analyst target price of $48.18 per share. The 11 analysts following the stock have set target prices ranging from $35 to $62, and on average have given Alcoa a rating of buy.
Anyone interested in buying AA should be aware of the facts below:
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Alcoa's Graham number (a purchase price with a built-in margin of safety) is $59.25, which is -18.8% away from its current price
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Alcoa has moved -0.9% over the last year, and the S&P 500 logged a change of -14.7%
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Based on its trailing earning per share of 5.14, Alcoa has a trailing 12 month Price to Earnings (P/E) ratio of 9.4 while the S&P 500 average is 15.97
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AA has a forward P/E ratio of 13.0 based on its forward 12 month price to earnings (Eps) is $3.7 per share
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The company has a price to earnings growth (PEG) ratio of 0.74 -- a number near or below 1 signifying that Alcoa is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 1.6 compared to its sector average of 1.86
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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.
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Based in Pittsburgh, the company has 12,200 full time employees and a market cap of $8,508,899,840. Alcoa currently returns an annual dividend yield of 0.9%.