With 5.94 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.54 million shares. The 52-week range on AA shows that it touched its highest point at $47.77 and its lowest point at $21.53 during that stretch. It currently has a 1-year price target of $32.06. With its current market cap of 7.22 billion, AA has annualized dividend of $0.40 while the current yield stands at 1.44%. Beta for the stock currently stands at 2.26.
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 0.87%, but this was up by 12.15% over a month. Three-month performance dropped to -15.11% while six-month performance fell -39.02%. The stock lost -36.67% in the past year, while it has lost -26.23% so far this year. A look at the trailing 12-month EPS for AA yields 3.38 with Next year EPS estimates of 2.58. For the next quarter, that number is 0.75. This implies an EPS growth rate of 164.15% for this year and -27.69% for next year.
Float and Shares Shorts:
At present, 258.90 million AA shares are outstanding with a float of 257.80 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.45331 being high and $0.75009 being low. For AA, this leads to a yearly average estimate of $1.1017.
