Alcoa (AA) Earns Media Impact Score of 0.02
News coverage about Alcoa (NYSE:AA) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Alcoa earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 45.9713329439163 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the headlines that may have impacted Accern Sentiment’s rankings:
- Alcoa Corp (AA) Given Average Rating of “Buy” by Analysts (americanbankingnews.com)
- Technical Secrets – Alcoa Corporation (NYSE: AA) – Alpha Beta Stock (alphabetastock.com)
- China’s January Trade Data: Implications for Metal Investors (finance.yahoo.com)
- Hot Stock under Review: Alcoa Corporation (NYSE: AA) – Alpha Beta Stock (alphabetastock.com)
- Recent Insiders Bustle: American Eagle Outfitters, Inc. (AEO), Alcoa Corporation (AA) – Market Movers (financialqz.com)
Shares of Alcoa (AA) opened at $45.92 on Friday. The company has a current ratio of 1.38, a quick ratio of 0.90 and a debt-to-equity ratio of 0.17. The stock has a market cap of $8,504.43, a PE ratio of 39.93, a PEG ratio of 1.44 and a beta of -3.13. Alcoa has a 1 year low of $29.55 and a 1 year high of $57.50.
Several analysts have commented on the stock. JPMorgan Chase & Co. boosted their price target on shares of Alcoa from $68.00 to $71.00 and gave the stock an “overweight” rating in a research note on Monday, February 5th. ValuEngine upgraded shares of Alcoa from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Cowen restated a “market perform” rating and set a $59.00 target price (up from $51.00) on shares of Alcoa in a research report on Thursday, January 18th. Zacks Investment Research cut shares of Alcoa from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 30th. Finally, Bank of America restated a “buy” rating and set a $63.00 target price (down from $67.00) on shares of Alcoa in a research report on Thursday, January 18th. Four analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Alcoa presently has a consensus rating of “Buy” and an average target price of $57.72.
In related news, VP William F. Oplinger sold 229,475 shares of the company’s stock in a transaction dated Monday, January 22nd. The shares were sold at an average price of $52.86, for a total transaction of $12,130,048.50. Following the transaction, the vice president now directly owns 108,915 shares in the company, valued at approximately $5,757,246.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Tomas Mar Sigurdsson sold 10,000 shares of the company’s stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $51.37, for a total transaction of $513,700.00. Following the transaction, the chief operating officer now owns 46,832 shares in the company, valued at $2,405,759.84. The disclosure for this sale can be found here.
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Alcoa Corporation, formerly Alcoa Upstream Corporation, is engaged in the production of bauxite, alumina and aluminum of various cast and rolled products. The Company is engaged in the production and management of aluminum and alumina combined through its participation in various aspects of the industry, such as technology, mining, refining, smelting, and recycling.
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