Street Reports

Analyst’s Report Recap: Alcoa Inc (NYSE:AA)

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The shares of Alcoa Inc (NYSE:AA)currently has mean rating of 2.4 while 6 analyst have recommended the shares as ‘BUY’ ,3 recommended as ‘OUTPERFORM’ and 8 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Alcoa Inc (NYSE:AA)is at $10.82 while the highest price target suggested by the analysts is $15.00 and low price target is $7.00. The mean price target is calculated keeping in view the consensus of 14 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 5.18B by 11 analysts. The means estimate of sales for the year ending Dec 16 is 20.67B by 17 analysts.

The average estimate of EPS for the current fiscal quarter for Alcoa Inc (NYSE:AA)stands at $0.09 while the EPS for the current year is fixed at $0.36 by 14.00 analysts

The next one year’s EPS estimate is set at 0.54 by 17.00 analysts while a year ago the analysts suggested the company’s EPS at $0.36. The analysts also projected the company’s long-term growth at 12.65% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Alcoa Inc (NYSE:AA)reported earnings of $0.07. The posted earnings topped the analyst’s consensus by $0.05 with the surprise factor of 250.00%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Alcoa Inc (NYSE:AA) traded up +2.63% during trading on Friday, hitting $10.17 . The stock had a trading volume of 20.5 M shares. The firm has a 50 day moving average of $9.52 and a 200-day moving average of $9.15. The stock has a market cap of $13.35B. On Jun 26, 2015 the shares registered one year high at $11.77 and the one year low was seen on Jan 20, 2016.

On June 22, 2016 Alcoa Inc (NYSE:AA) will host a webcast on Wednesday, June 29, at 8:30 a.m. EDT to discuss the contents of the initial filing with the Securities and Exchange Commission of the Registration Statement on Form 10 expected at approximately 7 a.m. EDT that day. The filing of the Form 10 is an important milestone in the Company’s plan to separate into two independent, publicly-traded companies.

The conference call will be webcast live via Alcoa’s website at www.alcoa.com. The Form 10 and presentation materials will be available online at approximately 7 a.m. EDT at www.Alcoa.com/form_10_presentation.

Conference Call Information

Time:8:30 a.m. EDT – 9:30 a.m. EDT

Hosts:Klaus Kleinfeld, Chairman and Chief Executive Officer

William Oplinger, Executive Vice President and Chief Financial Officer

Call:(855) 252-9433

+ 1 (484) 487-2715

Conference ID: 31439151

to avoid delay to the start time, please dial-in beginning at 8:15 a.m.

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