Alcoa is a aluminum company located in Pennsylvania, United States, which is part of the Basic Materials sector, and is traded under the ticker AA on the NYSE exchange.
Alcoa stock last closed at $29.06, up 3.27% from the previous day, and has decreased 17.98% in one year. It has underperformed other stocks in the Aluminum industry by 0.31 percentage points. Alcoa stock is currently +13.56% from its 52-week low of $25.59, and -49.56% from its 52-week high of $57.61.
There are currently 178.45M shares of AA outstanding. The market cap of AA is $5.19B. In the last 24 hours, 7.72M AA shares were traded.
How to Buy Alcoa Stock
Not sure how to invest in Alcoa stock? Here's how.
Figure out where to buy Alcoa stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Alcoa stock.
Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Deposit money your investment account: Pick your payment method and add your information.
Analyze Alcoa stock: The Alcoa ticker symbol is AA. Is Alcoa stock a good investment? Should you buy shares of AA? How do AA's underlying business fundamentals look? Do top analysts think Alcoa is a good buy? Why has AA's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if AA is a good stock to buy).
Make your AA buy order: Decide if you will purchase AA shares at the current market price or use a limit order to buy AA shares at a given price.
Get the latest scoop on your investment in AA: Create a watchlist to monitor your new investment in Alcoa shares.
Step 1: Figure out where to buy Alcoa stock
You need an online brokerage account in order to access the NYSE market and buy AA stock.
A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Sign up for a brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal info so you can invest in AA today.
Once you have decided on the best place to buy Alcoa stock, it's important to research their stock prior to investing, so you truly comprehend the risk and opportunity.
Overview of key AA info
AA Price
$29.06
1w %
2.5%
1y %
-17.98%
5y %
-28.88%
P/E
-3.54x
P/B
1.07x
P/S
0.48x
PEG
N/A
Revenue
$10.87B
Earnings
-$1.47B
Fore. Rev. Growth
8.43%
Fore. Earn. Growth
N/A
Market Cap
$5.19B
Next Earnings
Oct 18, 2023
Next Dividend
N/A
AA Due Diligence Checks
WallStreetZen was designed to help part-time investors do better fundamental analysis.
You can see all of the due diligence checks on AA's stock page.
Is AA stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge AA's intrinsic value.
Using relative valuations ratios:
AA may be undervalued based on its P/B ratio of 1.07x, relative to Aluminum industry P/B ratio of 1.44x
AA has $990.00M in cash and short term investments. This is enough to cover its annual cash burn of $423.00M.
AA has cash burn of 423000000. It has sufficient cash and short-term investments to cover this for at least one year.
There are more short-term assets than short-term liabilities on the AA balance sheet.
Total AA debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
AA profit margin has gone down from 7.2% to -13.6% in the past year.
There are more long-term liabilities than short-term assets on the AA balance sheet.
AA has a relatively high debt to equity ratio of 1.58.
Is it a good time to buy AA stock, according to Wall Street analysts?
Out of 9 Wall Street analysts who give forecasts on AA, the consensus analyst rating on AA is a Hold
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
Latest AA Analyst Forecasts
Carlos De Alba, a top 3% analyst from Morgan Stanley maintains AA with a strong sell rating and lowers their AA price target from $31.00 to $28.00, on Sep 21, 2023.
Bill Peterson, a bottom 8% analyst from JP Morgan maintains AA with a hold rating and lowers their AA price target from $35.00 to $28.00, on Sep 15, 2023.
Alexander Hacking, a top 14% analyst from Citigroup maintains AA with a strong buy rating and lowers their AA price target from $50.00 to $42.00, on Jul 21, 2023.
Lucas Pipes, a top 26% analyst from B. Riley Securities maintains AA with a hold rating and lowers their AA price target from $37.00 to $34.00, on Jul 21, 2023.
Katja Jancic, a top 34% analyst from BMO Capital maintains AA with a hold rating and lowers their AA price target from $33.00 to $30.00, on Jul 20, 2023.
You can dig deeper into what analysts are forecasting on the Alcoa stock forecast page.
Metrics for Advanced AA Traders
SMA10
27.87
SMA20
28.57
SMA50
30.55
SMA100
32.65
SMA200
38.97
MACD
-0.77
MACD Signal
-0.86
MACD Histogram
0.09
RSI
50.89
Stochastic %K
46.92
Stochastic %D
26.56
StochRSI %K
63.55
StochRSI %D
33.74
AA Earnings
Last year, AA revenue was $10.87B. During the past 5 year, AA's revenue has gone up by -3.23% per year. This was slower than the Aluminum industry average of 2.27%.
Alcoa pays a dividend of 1.38%, compared to the Aluminum industry's average dividend yield of 2.73%. If you owned $1,000 worth of AA stock, you would have been paid $13.76 in the past year.
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Step 5: Make your AA buy order
You have two primary options:
Market order: A market order is an order to buy or sell a stock at the best possible price. Market orders are generally the best for newer investors.
Limit order: A limit order enables you to buy or sell a stock at a specific price (or better). If you want to be certain you're buying or selling at an exact dollar amount limit, place a limit order.
Press the Open button and eToro will execute the order.
If you want additional help investing in stocks on eToro, watch the helpful video below:
As of Sep 29, 2023, it costs $29.06 to buy one share of Alcoa stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.344 shares of AA.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.