Analyst Ratings for Alcoa Corp. (AA)

Updated: 2017-07-27

Shares of Alcoa Corp. (NYSE:AA) have received a consensus rating of Overweight from Wall Street analysts. Last month, AA received an average rating of Overweight.

10 analysts declared AA a buy, 0 issued an overweight rating, 4 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for AA by the analysts covering the stock. The highest price target was 50, which equates to a potential upside of 38.39 percent. The lowest price target was 22, implying a possible loss of -39.11 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -5.71 percent. That number becomes 11.85 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.88 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.82 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 5 analysts decreased their estimates.

AA has a 52-week high of 39.78 and a 52-week low of 20.00. Today's price is 80.65 percent above the 52-week low, and 9.18 percent below the high. AA has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The AA value stock report compares AA to some of its peers using value stock charts. The stock has a market capitalization of $6.75 billion. AA's next earnings release will be on 0000-00-00, which is days away.