With 3.12 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.16 million shares. During the session, the Aluminum company that operates in wider Basic Materials sector, reached to the highest price of $46.6 whereas the lowest price it dropped to was $45.42. The 52-week range on AA shows that it touched its highest point at $46.55 and its lowest point at $23.80 during that stretch. It currently has a 1-year price target of $48.30. With its current market cap of 12.00 billion, AA has annualized dividend of $0.40 while the current yield stands at 0.86%. AA paid its most recent dividend on 1730160000, while the ex-dividend date for that was 1730160000. Beta for the stock currently stands at 2.44.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AA was up-trending over the past week, with a rise of 12.72%, but this was up by 10.91% over a month. Three-month performance surged to 36.94% while six-month performance rose 13.15%. The stock gained 76.01% in the past year, while it has gained 36.62% so far this year. A look at the trailing 12-month EPS for AA yields -1.75 with Next year EPS estimates of 3.13. For the next quarter, that number is 0.80. This implies an EPS growth rate of 133.33% for this year and 313.84% for next year.
Float and Shares Shorts:
At present, 258.36 million AA shares are outstanding with a float of 256.40 million shares on hand for trading. On 2024-10-31, short shares totaled 8.78 million, which was 340.00000000000006 higher than short shares on 1727654400. In addition to Mr. William F. Oplinger as the firm’s President, CEO & Director, Ms. Molly S. Beerman serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.69561 of AA’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, AA reported revenue of $2904000000.0 and operating income of $270000000.0. The EBITDA in the recently reported quarter was $422000000.0 and diluted EPS was $0.38.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AA since 14 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AA analysts setting a high price target of 55.0 and a low target of 38.5, the average target price over the next 12 months is 46.96923. Based on these targets, AA could surge 18.41% to reach the target high and fall by -17.12% to reach the target low. Reaching the average price target will result in a growth of 1.12% from current levels.
Analysts have provided yearly estimates in a range of $0.98734 being high and $0.55325 being low. For AA, this leads to a yearly average estimate of $0.75753. The surprise factor in the prior quarter was $0.09. Based on analyst estimates, the high estimate for the next quarter is $1.47 and the low estimate is $0.51. The average estimate for the next quarter is thus $1.02.
