FY2025 EPS Estimates for Alcoa Co. Boosted by Analyst (NYSE:AA)

Alcoa Co. (NYSE:AA - Free Report) - Investment analysts at B. Riley upped their FY2025 earnings per share (EPS) estimates for shares of Alcoa in a report issued on Tuesday, September 17th. B. Riley analyst L. Pipes now expects that the industrial products company will earn $1.88 per share for the year, up from their previous forecast of $1.31. B. Riley currently has a "Neutral" rating and a $41.00 target price on the stock. The consensus estimate for Alcoa's current full-year earnings is $0.70 per share. B. Riley also issued estimates for Alcoa's FY2026 earnings at $2.43 EPS.

Several other research firms have also commented on AA. Wolfe Research upgraded Alcoa from a "peer perform" rating to an "outperform" rating and set a $36.00 price target for the company in a research report on Wednesday, September 4th. UBS Group raised their price target on Alcoa from $38.00 to $40.00 and gave the stock a "buy" rating in a research report on Thursday. B. Riley Financial reissued a "neutral" rating and issued a $41.00 target price on shares of Alcoa in a research note on Tuesday. StockNews.com raised shares of Alcoa from a "sell" rating to a "hold" rating in a research note on Thursday, July 18th. Finally, Bank of America decreased their price objective on shares of Alcoa from $46.00 to $43.00 and set a "neutral" rating for the company in a research note on Thursday, July 18th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $40.45.

Alcoa Price Performance

AA stock traded down $1.09 during midday trading on Friday, hitting $33.83. The company's stock had a trading volume of 8,969,968 shares, compared to its average volume of 6,037,970. The firm has a market capitalization of $6.07 billion, a price-to-earnings ratio of -8.98 and a beta of 2.42. The company has a quick ratio of 0.92, a current ratio of 1.55 and a debt-to-equity ratio of 0.46. Alcoa has a 12 month low of $23.07 and a 12 month high of $45.48. The company has a 50 day moving average of $32.61 and a two-hundred day moving average of $35.61.

Alcoa (NYSE:AA - Get Free Report) last announced its quarterly earnings data on Wednesday, July 17th. The industrial products company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.11 by $0.05. The company had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $2.84 billion. Alcoa had a negative return on equity of 7.29% and a negative net margin of 5.14%. The firm's revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the company posted ($0.35) EPS.

Institutional Trading of Alcoa

Several institutional investors have recently added to or reduced their stakes in AA. Newbridge Financial Services Group Inc. acquired a new stake in shares of Alcoa during the second quarter worth about $27,000. Scarborough Advisors LLC acquired a new stake in Alcoa during the 4th quarter worth approximately $39,000. Quest Partners LLC purchased a new position in Alcoa in the 4th quarter valued at approximately $40,000. Quadrant Capital Group LLC grew its stake in shares of Alcoa by 56.0% in the fourth quarter. Quadrant Capital Group LLC now owns 1,605 shares of the industrial products company's stock worth $55,000 after acquiring an additional 576 shares in the last quarter. Finally, Toronto Dominion Bank increased its position in shares of Alcoa by 1,501.9% during the first quarter. Toronto Dominion Bank now owns 1,698 shares of the industrial products company's stock worth $57,000 after acquiring an additional 1,592 shares during the period. Institutional investors and hedge funds own 82.39% of the company's stock.

Alcoa Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Shareholders of record on Monday, August 12th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.18%. The ex-dividend date of this dividend was Monday, August 12th. Alcoa's dividend payout ratio (DPR) is presently -10.64%.

About Alcoa

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. The company operates through two segments, Alumina and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses.