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Alcoa, Inc. - NYSE

4/20/2014, 6:23 AM ET
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  • Alcoa: Improving Market And Restructuring Makes It A Buy
    Balanced Investing Thu, Apr. 17 2 Comments

    Summary

    • Alcoa’s healthy earnings were hidden behind special items that reduced results.
    • Restructuring will help the company be more optimized in the future.
    • The company’s optimization through expanding production in growing markets while closing saturated market plants is a good way to run factories that are efficient and fully utilized.
    • The improving market is a plus that will ensure investors get returns on their investment.
  • Alcoa And Unfavorable Aluminum Prices
    Gemstone Equity Research Mon, Apr. 14 8 Comments

    Summary

    • Alcoa released its first quarter 2014 results that showed a mix of positive and negative performance on the part of company..
    • Alcoa’s stock price increased in afterhours trading because the company announced a positive outlook for the future.
    • The use of aluminum in car manufacturing by various automakers is expected to be fruitful for the industry Alcoa operates in.
    • The overheated production of aluminum in China will remain a barrier for aluminum prices to rise In 2014.
  • Why Alcoa Is Heading To $15
    Wall Street Playbook Fri, Apr. 11 6 Comments

    Summary

    • Alcoa's stock is worth slightly more than the tangible book value on its balance sheet.
    • Alcoa should remain free cash flow positive, even if the aluminum prices remain weak for all of 2014.
    • Management's decision to do away with legacy businesses have begun to pay off.
  • Micron/Alcoa Earnings Redux: Both Companies Seeing Positive EPS Revisions
    Brian Gilmartin Fri, Apr. 11 23 Comments

    Summary

    • Both are commodity businesses and both have a checkered past.
    • Both stocks (and companies) look to have turned the corner.
    • Alcoa fits better with '14's themes of Commodity and Value.
  • Do Not Buy Alcoa
    Michael Nau Thu, Apr. 10 26 Comments

    Summary

    • Alcoa's fundamentals are deteriorating, yet the market reacted positively to its poor results.
    • There are signs that investors are taking an increasingly speculative outlook on financially weak companies like Alcoa.
    • If you think investors are underestimating risks in Europe and China, shorting Alcoa may be a good hedge.
  • Alcoa Is Poised For A Breakout
    Mitu Anand Thu, Apr. 10 3 Comments

    Summary

    • Alcoa posted a better-than-expected performance on the back of several tailwinds.
    • Growth in the automotive and aerospace segments should help Alcoa deliver stronger growth this year.
    • The forecast for aluminum prices this year is strong due to restricted supply, paving the way for Alcoa to deliver a strong margin performance.
  • Can Alcoa Double?
    Achilles Research Thu, Apr. 10 9 Comments

    Summary

    • Alcoa still deserves a meaningfully higher valuation -- despite the recent surge in share price.
    • Sell-side analysts are likely to change their opinion about the aluminum producer.
    • Alcoa is a contrarian investment with potential to double over the next 2 to 3 years.
  • The Red Flags In Alcoa's Earnings
    Jeremy LaKosh Wed, Apr. 9 16 Comments

    Summary

    • Alcoa reported earnings of 9 cents per share versus estimates of 5 cents.
    • Alcoa issued shares as part of a debt conversion.
    • Alcoa's 4 quarter revenue performance is still concerning.
    • Alcoa's 4 quarter free cash flow has gone negative.
  • After Earnings, Alcoa Is Fully Valued
    Seeking Profits Wed, Apr. 9 7 Comments

    Summary

    • Alcoa earnings were roughly in line with a bottom line beat but top line miss.
    • The legacy commodity business continues to struggle thanks to depressed aluminum pricing.
    • Alcoa's value-add business reported solid results thanks to bull markets in aerospace and auto.
    • Negative free cash flow was seasonal and not surprising.
    • Fair value is $12-$13, and investors should wait for a dip before buying.
  • Should You Bet On Alcoa's Momentum?
    Quoth the Raven Wed, Apr. 9 11 Comments

    Summary

    • Alcoa has been up 49.3% in the last 12 months.
    • The company delivered EPS that beat expectations on Thursday, shares are up 3% in pre-market trading already.
    • Alcoa remains a good vehicle for growth in any portfolio.
  • Alcoa: The Biggest Winner From The Aluminum Ford F150
    Kevin Greenhalgh Wed, Apr. 9 7 Comments

    Summary

    • The 2015 Ford F150 will be the first all aluminum pickup truck.
    • This signals a fundamental shift towards aluminum in the automotive industry.
    • While automakers take on risk in new manufacturing techniques, aluminum suppliers just get more business.
  • Alcoa Earnings Preview: Technical Breakout - Can Fundamentals Follow?
    Brian Gilmartin Wed, Apr. 2 15 Comments

    Summary

    • AA EPS and revenue estimates have stabilized.
    • The shuttering of more smelting capacity is troubling.
    • Cash-flow has improved, Kleinfeld focusing on cost structure.
  • Should You Hold Alcoa Through Earnings?
    Quoth the Raven Mon, Mar. 31 5 Comments

    Summary

    • Alcoa is set to report on April 8th.
    • Last quarter, the company put out poor earnings but the stock took off in following weeks.
    • Aerospace and automotive, combined with aluminum pricing bottoming, should hold Alcoa up in the coming quarter.
  • Don't Touch Alcoa
    Valuentum Sun, Mar. 30 37 Comments

    Summary

    • With commodity producers such as Alcoa, the savvy investor will use a range of probable valuation outcomes in selecting his or her entry points.
    • Alcoa's fundamental performance is heavily tied to volatile and unpredictable aluminum prices. The LME price for aluminum has oscillated between $1,200-$3,200 per metric ton during the past five years alone.
    • We wouldn't touch Alcoa at present.
  • Earnings Preview: Alcoa
    Mitu Anand Fri, Mar. 28 11 Comments

    Summary

    • Alcoa’s shares have surged despite a woeful quarterly report last time and investors would look for positive signs next time if this momentum is to continue.
    • The estimates for the first quarter aren’t promising with revenue and earnings declines expected for Alcoa.
    • A rebound in aerospace, automotive, and housing should drive Alcoa’s business going forward.
  • Alcoa Is A Juggernaut, Can It Continue?
    Quoth the Raven Thu, Mar. 27 9 Comments

    Summary

    • Alcoa has forged partnerships with Ford and General Motors.
    • Aluminum prices have likely bottomed.
    • Alcoa stands to benefit long term, even after its recent outstanding run.
  • Alcoa: Grab A Stake In The Recovering Aluminum Market
    Gemstone Equity Research Tue, Mar. 18 7 Comments

    Summary

    • Investors’ optimism about Alcoa’s future is reflected in the company’s share price that rose 40.60% since previous year.
    • According to analysts, aluminum for immediate delivery on the London Metal Exchange is forecasted to rise to $2,292 in 2014 and $2,400 in 2015.
    • I believe that the recovery in the aluminum market due to high demand will support the company’s top and bottom line growth.
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Company Description

Alcoa Inc manufactures and engineers lightweight metals. It products include aluminum, titanium, and nickel, which are used in aircraft, automobiles, commercial transportation, packaging, oil and gas, defense and industrial applications, among others.

Industry: Aluminum
Country: United States