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Citi Skeptical Of Alcoa Split: Are There Benefits?
Tuesday, September 29, 2015 - 3:41pm | 479Read More...Alcoa Inc (NYSE: AA) has announced that it will be splitting its Value-Add and Upstream businesses into separate public companies. The decision is somewhat of a surprise given the company’s past statements and the current commodity environment. Citi fails to see the benefits to such a move,...
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Alcoa's Mixed Report: How Analysts Are Reacting
Thursday, July 9, 2015 - 10:58am | 597Read More...Alcoa Inc (NYSE: AA) reported its second quarter results after Wednesday's closing bell. The company reported a mix quarter with earnings per share excluding special items of $0.18 missing the consensus estimate of $0.23 while revenue of $5.897 billion exceeded the $5.82 billion analysts were...
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JJ Kinahan Options Activity Alert On Alcoa, Pepsi, Walgreens
Wednesday, July 8, 2015 - 3:21pm | 414Read More...Speaking to Benzinga, TD Ameritrade Holding Corp. (NYSE: AMTD) Chief Strategist Joe "JJ" Kinahan talked about options activity in several stocks ahead of their earnings report. Alcoa: Call Buyers Active On Tuesday, Put Buyers Active On Wednesday Kinahan said that the market is pricing in a 5.5...
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Is Aluminum On The Rebound?
Friday, May 1, 2015 - 1:54pm | 497Read More...Analysts at Morgan Stanley recently released a report explaining their updated bullish take on the aluminum market. Aluminum, like many other commodities, has been hit hard in the past year. However, analysts now believe that the skies are clearing for the metal for the remainder of 2015. Bad...
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Top 4 Stocks In The Aluminum Industry With The Highest EPS Growth Forecast For Next 5 Years
Friday, May 1, 2015 - 4:38am | 150Read More...Below are the top aluminum stocks on the NYSE and the NASDAQ in terms of EPS growth forecast for the next five years. Century Aluminum Co (NASDAQ: CENX) earnings per share growth forecast for the next five years is 16.45 percent. Century Aluminum's PEG ratio is 0.69. Kaiser Aluminum Corp. (...
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Top 4 Stocks In The Aluminum Industry With The Highest Gross Margin
Friday, April 17, 2015 - 4:34am | 143Read More...Below are the top aluminum stocks on the NYSE and the NASDAQ in terms of gross margin. The trailing-twelve-month gross margin at Alcoa Inc (NYSE: AA) is 21.40 percent. Alcoa's revenue for the same period is $24.28 billion. The trailing-twelve-month gross margin at Kaiser Aluminum Corp. (NASDAQ...
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Goldman Sachs Adjusts Price Targets On Steel & Aluminum Names, Sector Falls
Friday, January 23, 2015 - 11:45am | 435Read More...Analysts at Goldman Sachs on Friday issued the following calls on Steel and Aluminum companies that may explain the sector-wide sell-off. All mentioned stocks were trading lower Friday morning. Upgrades Nucor Corporation (NYSE: NUE) upgraded to Buy from Neutral with a price target...
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Stifel Weighs In On Alcoa, Continues To See Increasing Aluminum Demand From The Auto Industry
Tuesday, January 13, 2015 - 3:54pm | 373Read More...Alcoa Inc (NYSE: AA) reported its fourth quarter results on Monday after market close. The company earned $0.33 per share, beating the consensus estimate of $0.26 per share while revenue of $6.40 billion topped expectations of $5.99 billion. In a note on Tuesday, Paul Massoud of Stifel...
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Morgan Stanley Hikes Alcoa's Q4 Estimates
Wednesday, December 17, 2014 - 9:20am | 142Read More...Paretosh Misra of Morgan Stanley revised his fourth-quarter estimates for Alcoa Inc (NYSE: AA) on Wednesday, while maintaining an Overweight rating and $20 price target. Misra is now projecting Alcoa to earn $0.30 per share in the fourth quarter, up from a prior estimate of $0.25. According to...
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Alcoa's CEO On TITAL Acquisition And Effects On Business From Lower Oil Prices
Monday, December 15, 2014 - 3:25pm | 352Read More...The third-largest producer of aluminum in the world, Alcoa Inc (NYSE: AA), announced Monday morning that it will be acquiring Germany-based castings company TITAL. Klaus Kleinfeld, chairman and CEO at Alcoa, was on CNBC to discuss the deal and the company’s further expansion in the...
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Bank Of America's Top 10 Stocks For 2015
Monday, December 15, 2014 - 11:13am | 385Read More...Analysts at Bank of America released a list on Friday detailing their top 10 favorite stocks across 10 sectors for 2015. The full list includes: Consumer Discretionary: General Motors Company (NYSE: GM) due to its healthy yield with a potential to grow dividends. Consumer Staples: Wal-...
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Morgan Stanley Sees A Shiny Opportunity In This Metal
Thursday, December 11, 2014 - 10:07am | 341Read More...A recent report by Morgan Stanley makes the case for a 30 percent upside in aluminum stocks. Analysts believe that an increasing demand for aluminum from the auto and aerospace industries combined with a slowdown in worldwide production growth will create a strong opportunity for U.S. aluminum...
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Top 4 Stocks In The Aluminum Industry With The Highest Revenue
Friday, November 28, 2014 - 6:32am | 121Read More...Below are the aluminum stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at Aluminum Corporation Of China (NYSE: ACH) is $25.35 billion. Aluminum Corp's gross profit for the same period is $454.49 million. The trailing-twelve-month revenue at Alcoa (NYSE: AA...
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UPDATE: Tigress Financial Upgrades Alcoa
Friday, October 10, 2014 - 1:34pm | 270Read More...Following Alcoa Inc's (NYSE: AA) third quarter report on Wednesday, analysts at Tigress Financial upgraded shares to Strong Buy from Buy while adding the company's name to its "Focus List." "Alcoa's third quarter solid quarterly results confirmed our belief that Alcoa's transition to higher value-...
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Alcoa Cannot Wait To Rally...Here's Why
Wednesday, February 19, 2014 - 2:39pm | 676Read More...After recovering from a substantial decline in January, the S&P 500 Index has returned to all time high territory. While the index did not exactly exude the most bullish predictions from the January effect, Alcoa (NYSE: AA) shares have. Alcoa has rallied 11 percent so far in 2013, rallying...
