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, implying a possible profit of 38.39 percent. The lowest price target was 22, which equates to a potential downside of -39.11 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -5.71 percent. The average change in earnings estimates over the last 90 days is 11.85 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.88 percent. If we look at the last 90 days instead, we find a net average change of 1.82 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 3 analysts that decreased their estimates. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 5 analysts made negative revisions to their fiscal year's estimates.

In the trailing 52-weeks, AA hit 39.78 at the highest peak, while it's lowest trading point was 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.