Alcoa (AA) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often find it hard ...

Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Alcoa (AA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question.Alcoa is one of 218 individual stocks in the Industrial Products sector. Collectiv ...

The upcoming report from Alcoa (AA) is expected to reveal quarterly loss of $0.02 per share, indicating an increase of 94.3% compared to the year-ago period. Analysts forecast revenues of $2.87 billion, representing an increase of 7% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 70.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earning ...

文章核心观点 - 铝业巨头Alcoa公司公布了2024年第二季度的初步财务业绩,显示公司的财务状况有所改善,不仅同比有所提升,也好于分析师的预期 [2] - 公司收入预计在28.5亿美元至29.25亿美元之间,高于去年同期的26.84亿美元,且高于分析师预期的27.7亿美元 [4][6] - 净利润预计在500万美元至2500万美元之间,每股收益为0.03美元至0.14美元,大幅好于去年同期的亏损 [18][19] - 调整后EBITDA预计在3.1亿美元至3.3亿美元之间,大幅高于去年同期的1.37亿美元 [20] 根据相关目录分别进行总结 财务业绩 - 收入预计增长,高于去年同期和分析师预期 [4][6] - 净利润和每股收益预计大幅改善,扭亏为盈 [18][19] - 调整后EBITDA大幅增长 [20] 经营情况 - 铝和氧化铝的销售价格有所上涨 [8][11] - 铝和氧化铝的产量也有所增加 [14][15] 其他进展 - 完成了对Alumina Limited的收购所需的最后一项监管批准,预计将于8月1日完成交易 [23] - 在ELYSIS碳免铝冶炼技术方面取得进展,与Rio Tinto合作开展首个工业规模示范项目 [24] - 完成了Kwinana炼厂的全面停产 [24] - 继续推进出售San Ciprian冶炼厂的计划 [24] 未来展望 - 公司正采取一系列措施来提高盈利能力,预计到2025年可带来约6.45亿美元的年度EBITDA提升 [25][29] - 即使行业环境目前不佳,但长期来看公司前景仍然看好 [29] - 公司过去几年一直保持良好的现金流,即使在最坏情况下股价也不会太便宜 [30][31]

Alcoa Corp (NYSE:AA) stock is down 3.8% to trade at $38.78 at last check, looking to log its third-straight daily loss after its early July rally lost steam at the $43 mark. So far this week, AA has shed 8.3% and its pulling back towards its +10% year-over-year level. There's a silver lining, however, as this drip puts Alcoa stock within a chip-shot of a historically bullish trendline.Per Schaeffer's Senior Quantitative Analyst Rocky White, the aluminum stock's drawdown security put it within one standard d ...

Alcoa (AA) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on July 17, 2024, might help the stock move higher if these key numbers are better than expectations. ...

文章核心观点 - 当前全球经济面临多重挑战,包括大宗商品价格波动和经济不确定性,导致一些材料类股票投资风险加大 [1][2][3][4] - 利率上升对材料类股票产生双重影响:一方面增加公司借贷成本,挤压利润空间;另一方面抑制消费者对耐用品和建筑项目的需求,拖累材料类产品需求 [2][3] - 尽管利率可能会回落,刺激经济活动,但这需要通胀率稳定和地缘政治局势缓解,这并非必然 [3][4] - 为保护投资组合,文章建议卖出3只材料类股票:Intrepid Potash、Celanese和Alcoa [4][5][10][14] 行业总结 - 材料行业面临多重挑战,包括大宗商品价格波动、通胀压力、利率上升等,对行业需求和盈利能力产生不利影响 [1][2][3][4] - 行业前景取决于通胀和地缘政治局势的发展,如果能够稳定,利率回落可能会带来需求回升 [3][4] - 总体来看,材料行业当前投资风险较高,需要谨慎对待 [1][2][3][4] Intrepid Potash (IPI) - 公司财务表现和市场地位较弱,最近12个月净亏损4331万美元,市值仅3.05亿美元 [6][9] - 公司效率指标较差,权益回报率和投入资本回报率为负,表明资本使用效率低下 [7] - 公司估值水平较高,但缺乏分红支持,投资者面临较大下行风险 [8][9] - 最近一季度收入大幅下滑,净销售额下降至27145万美元,同时亏损4331万美元,反映公司经营效率和盈利能力下降 [9] Celanese (CE) - 公司一季度业绩下滑,净销售额增长仅2%,同比下降,营业利润也同比下降 [12] - 公司负债较重,总债务137.5亿美元,债务权益比高达1.94,财务压力较大 [12] - 公司二季度盈利指引增长乏力,反映短期增长前景有限 [13] - 化工行业周期性强,加上原材料成本上涨和全球经济不确定性,公司风险较高,估值也显得较高 [13] Alcoa (AA) - 公司一季度业绩恶化,净亏损2.52亿美元,同比扩大,收入同比下降 [15] - 调整后EBITDA大幅下降,从2.4亿美元降至1.32亿美元 [15] - 公司面临运营挑战,包括关闭澳大利亚昆纳纳精炼厂和可能出售圣西普里安冶炼厂 [15] - 公司自由现金流恶化,一季度为-3.24亿美元,债务权益比高达0.64,权益回报率为负15.3% [15]

MADRID, SPAIN - JANUARY 26: The Secretary of State for Industry, Rebeca Torro, making a statement ... [+] after the meeting of the Alcoa monitoring committee, at the Ministry of Industry, on 26 January, 2024 in Madrid, Spain. (Photo By Gabriel Luengas/Europa Press via Getty Images)Europa Press via Getty ImagesAlcoa is expected to publish its Q2 2024 results around July 17, reporting on a quarter that saw aluminum prices pick up notably. Alcoa stock has fared well this year, rising by 17% since early January ...

Investors should take Wall Street's view of a particular sector or stock with a grain of salt, as there are typically conflicts of interest behind these views. Think about it: if an analyst working for an investment bank decides that a company's future is bearish, that analyst could risk losing his or her job over a particular stock's rating. Still, if that company is a significant client of another of the bank's branches, that analyst could risk losing his or her job over a particular stock's rating.Howeve ...

The S&P 500 continues to enjoy a solid run as the improving macro environment, coupled with the AI optimism and recent stock upgrades, provides solid support for risk assets.Last week, Goldman Sachs (NYSE:GS) increased its year-end forecast for the S&P 500 Index to 5,600, up from the previous target of 5,200.This revision by one of the most important financial institutions is attributed to robust earnings growth from five major U.S. technology companies and a higher projected fair value price-to-earnings ra ...