Buying Alcoa (AA)? Here's What You Must Know.

Shares of Alcoa have moved 6.1% today, and are now trading at a price of $49.17. In contrast, the S&P 500 index saw a 0.9% change. Today's trading volume is 1,088,856 compared to the stock's average volume of 6,106,237.

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. Based in Pittsburgh, United States the company has 12,200 full time employees and a market cap of $8,699,992,064. Alcoa currently offers its equity investors a dividend that yields 0.9% per year.

The company is now trading -2.36% away from its average analyst target price of $50.36 per share. The 11 analysts following the stock have set target prices ranging from $41 to $62, and on average give Alcoa a rating of buy.

Over the last year, AA shares have gone down by -24.7%, which represents a difference of -8.1% when compared to the S&P 500. The stock's 52 week high is $98.09 per share and its 52 week low is $33.55. Based on Alcoa's average gross margin growth of 26.0% over the last four years, its core business remains strong and the stock price may recover in the long term.

Date Reported Revenue ($ MM) Cost of Revenue ($ MM) Gross Margins (%) YoY Growth (%)
2021-12-31 12,152 9,153 24.68 74.05
2020-12-31 9,286 7,969 14.18 -21.96
2019-12-31 10,433 8,537 18.17 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.