|Bid||2.19 x 0|
|Ask||2.22 x 0|
|Day's range||2.1900 - 2.2500|
|52-week range||2.1200 - 3.2000|
|Beta (3Y monthly)||0.69|
|PE ratio (TTM)||12.94|
|Earnings date||22 Feb. 2019|
|Forward dividend & yield||0.24 (10.60%)|
|1y target est||2.17|
Alcoa (AA), the leading US-based aluminum producer, fell 9.0% in November. Alcoa has fallen 41% in 2018. Century Aluminum (CENX) and Rio Tinto (RIO) have fallen 54% and 6.3% year-to-date, respectively, based on their closing prices on November 30. In this part, we’ll discuss why Alcoa stock fell 9% in November.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). To keep it practical, we’ll show how Alumina Limited’s (ASX:AWC) P/E ratio Read More...
The Section 232 tariffs were President Trump’s first move in the trade war. Since then, President Trump imposed tariffs on $250 billion worth of Chinese goods. The US-China trade war and the general slowdown in China’s aluminum demand have taken a toll on aluminum prices, which hurt aluminum producers’ earnings.
Aluminum prices topped the $2,500 per metric ton level in April amid Rusal sanctions. Alumina prices have been more volatile than aluminum prices (XME). The global alumina markets have been rocked by a series of supply disruptions this year, especially at Norsk Hydro’s (NHYDY) Alunorte refinery.
Mid-caps stocks, like Alumina Limited (ASX:AWC) with a market capitalization of AU$7.7b, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-cap stocks. Read More...
This analysis is intended to introduce important early concepts to people who are starting to invest and want to begin learning the link between company’s fundamentals and stock market performance.Read More...
In this analysis, my focus will be on developing a perspective on Alumina Limited’s (ASX:AWC) latest ownership structure, a less discussed, but important factor. Ownership structure has been found toRead More...
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of Alumina Limited (ASX:AWC) as an investment opportunity by taking the foreastRead More...
With an ROE of 15.21%, Alumina Limited (ASX:AWC) outpaced its own industry which delivered a less exciting 11.89% over the past year. While the impressive ratio tells us that AWCRead More...
Defensive investment strategies are those that maintain holdings in safe assets, which include stocks that meet a certain criteria that avoids losses in market value. To do this, you needRead More...
Think aluminum prices have been going crazy? Primary aluminum is made from feeding gritty white alumina -- an oxide refined from bauxite ore that’s essentially the same stuff as rubies and sapphires -- into electrical furnaces. At the most basic level, years of rough balance between supply and demand seem to be finally running off the rails.
Alcoa is scheduled to release its 1Q18 earnings on April 18. In the previous articles, we’ve seen what analysts are projecting for Alcoa’s 1Q18 earnings and the key updates that markets might watch for in the company’s 1Q18 earnings call. Let’s now see how analysts are rating the stock ahead of its 1Q18 earnings release.
Aluminum surged to a six-year high as the impact of U.S. sanctions against United Co. Rusal continued to reverberate through the global market more than a week after they were announced, with buyers rushing ...
Alcoa (AA) expects global aluminum demand to exceed supply in 2018 on China’s supply-side reforms. Notably, China has been curtailing its polluting industrial capacity in a bid to control its rising smog levels during the winter months.
In this part, we’ll see what Alcoa’s (AA) management had to say about aluminum’s demand-supply equation during its 4Q17 earnings call. First, let’s see what Alcoa had to say about the 2017 market balance. According to Alcoa, global bauxite and alumina markets (AWC) were balanced in 2017.