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NYSE:ARNC

Arconic (ARNC) Stock Price, News & Analysis

Arconic logo

About Arconic Stock (NYSE:ARNC)

Key Stats

Today's Range
$29.98
$30.02
50-Day Range
$29.56
$29.99
52-Week Range
$16.33
$30.02
Volume
4.38 million shs
Average Volume
1.57 million shs
Market Capitalization
$3.01 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Arconic Corporation manufactures and sells fabricated aluminum sheets, plates, extrusions, and architectural products and systems in the United States and internationally. It operates through three segments: Rolled Products, Building and Construction Systems, and Extrusions. The Rolled Products segment provides a range of aluminum sheet and plate products for aerospace, ground transportation, packaging, building and construction, and industrial products; and roofing, architectural composite panels, ventilated facades and ceiling panels, spacers, culvert pipes, and gutters for building and construction markets. The Building and Construction Systems segment provides various products and building envelope solutions, such as entrances, curtain walls, windows, composite panels, and coil coated sheets for fabricators and glazing subcontractors under the Kawneer, Reynobond, and Reynolux brands. The Extrusions segment offers extruded products, such as automotive shapes, aerospace shapes, seamless tubes, hollows, mortar fins, and high strength rods and bars for ground transportation, aerospace, and industrial markets. The company offers its products directly to customers, as well as through distributors. The company was formerly known as Arconic Rolled Products Corporation and changed its name to Arconic Corporation in April 2020. Arconic Corporation was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania.

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ARNC Stock News Headlines

Arconic Publishes 2023 Sustainability Report
625,000% Gain
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Car drives into pond near Arconic
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ARNC Stock Analysis - Frequently Asked Questions

Arconic Co. (NYSE:ARNC) announced its quarterly earnings data on Monday, July, 31st. The basic materials company reported $0.58 earnings per share for the quarter, topping analysts' consensus estimates of $0.50 by $0.08. Arconic's quarterly revenue was down 21.9% on a year-over-year basis.

Arconic's board initiated a share repurchase program on Wednesday, November 16th 2022, which permits the company to buy back $200,000,000 in shares, according to EventVestor. This means that the company could buy up to 9.9% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its stock is undervalued.

Based on aggregate information from My MarketBeat watchlists, some other companies that Arconic investors own include Alcoa (AA), Bank of America (BAC), Cisco Systems (CSCO), Meta Platforms (META), AT&T (T), Advanced Micro Devices (AMD) and General Electric (GE).

Company Calendar

Last Earnings
7/31/2023
Today
11/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Rolling, drawing, & extruding of nonferrous metals
Sub-Industry
N/A
CIK
4281
Fax
N/A
Employees
11,550
Year Founded
N/A

Profitability

Net Income
$-182,000,000.00
Pretax Margin
-3.54%

Debt

Sales & Book Value

Annual Sales
$8.96 billion
Cash Flow
$3.81 per share
Book Value
$14.79 per share

Miscellaneous

Free Float
99,553,000
Market Cap
$3.01 billion
Optionable
Optionable
Beta
1.82
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This page (NYSE:ARNC) was last updated on 11/15/2024 by MarketBeat.com Staff
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