Stock To Watch: Alcoa Inc. (NYSE:AA)


The leading market experts have placed a mean price target of $11.33 on Alcoa Inc. (NYSE:AA) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.11 a share for the upcoming quarter and $0.44 for the current fiscal.

Technical View

The technical analysis of Alcoa Inc. Common Stock plainly substantiates that the 50-day moving average of Alcoa Inc. Common Stock is $10.46, and stock is trading $-0.34 points away or -3.27% from its 50-day moving average of $10.46. Further it is trading $0.31 or +3.13% away its 200-day moving average of $9.81. Alcoa Inc. (NYSE:AA) 52-week high is $11.50 and the 52-week low is $6.14.

This explains if the stock moves $-1.38, it will post a 52-week high. In event of +64.82% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Alcoa Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Alcoa Inc. (NYSE:AA) ratio came in at N/A.

The stock last ended the trading session at $10.12 and registered a market cap of $13.31B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Alcoa Inc. (NYSE:AA) PEG ratio is at 2.67.

1 Chart Pattern Every Investor Should Know

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