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Last $206.75 MXN
Change Today +1.55 / 0.76%
Volume 11.3K
AA* On Other Exchanges
Symbol
Exchange
New York
Mexico
Frankfurt
As of 4:09 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

alcoa inc (AA*) Snapshot

Open
$207.77
Previous Close
$205.20
Day High
$207.77
Day Low
$206.75
52 Week High
02/5/15 - $252.30
52 Week Low
05/22/14 - $165.00
Market Cap
252.7B
Average Volume 10 Days
45.0K
EPS TTM
--
Shares Outstanding
1.2B
EX-Date
02/4/15
P/E TM
--
Dividend
$0.12
Dividend Yield
0.79%
Current Stock Chart for ALCOA INC (AA*)

alcoa inc (AA*) Details

Alcoa Inc. produces and manages primary aluminum, fabricated aluminum, and alumina worldwide. The company operates through four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. The Alumina segment is involved in mining bauxite, which is then refined into alumina. The Primary Metals segment produces primary aluminum. The Global Rolled Products segment produces and sells aluminum plates, sheets, and foils, as well as rigid container sheets for food and beverage packaging markets. The Engineered Products and Solutions segment offers titanium, super alloy investment, and aluminum castings; fasteners; aluminum wheels; integrated aluminum structural systems; architectural extrusions; and forgings and hard alloy extrusions. The company’s products are primarily used in the transportation, including aerospace, automotive, truck, trailer, rail, and shipping; packaging; building and construction; oil and gas; defense; consumer electronics; brazing; power generation; and industrial applications. Alcoa Inc. was founded in 1888 and is based in New York, New York.

59,000 Employees
Last Reported Date: 04/8/15
Founded in 1888

alcoa inc (AA*) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: $1.4M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $500.0K
Executive Vice President, Member of Executive...
Total Annual Compensation: $550.0K
Executive Vice President and Group President ...
Total Annual Compensation: $470.0K
Executive Vice President, Member of Executive...
Total Annual Compensation: $433.7K
Compensation as of Fiscal Year 2014.

alcoa inc (AA*) Key Developments

Alcoa Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Year of 2015

Alcoa reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported sales of $5,819 million against $5,454 million a year ago. Income before income taxes was $481 million against loss before income taxes of $274 million a year ago. Net income attributable to the company was $195 million or $0.14 diluted per share against net loss attributable to the company of $178 million or $0.16 diluted per share a year ago. Cash used for operations was $175 million against $551 million a year ago. Capital expenditures were $247 million against $209 million a year ago. Adjusted EBITDA was $1,089 million against $672 million a year ago. Net income attributable to the company - as adjusted was $363 million or $0.28 diluted per share against $98 million or $0.09 diluted per share a year ago. Net income was up because sales rose while costs fell. Annual financial targets have been set to continue to reposition the company, driving growth and operational improvements. Year-to-date productivity is on schedule with $238 million of productivity actions achieved in the first quarter against a target of $900 million. Return-seeking capital spend was $150 million and is anticipated to ramp up during the year to meet the $750 million target. Sustaining capital was maintained at $101 million, significantly lower than the run rate of $725 million would suggest way, but the company anticipates this will also ramp up during the year. The company still anticipates generating a minimum of $500 million free cash flow for the year. This target now includes the prepayment of $300 million in 2015 related to the execution of a 12-year natural gas contract for refineries in Western Australia. The company will delivers the $500 million of free cash flow after making the prepayment for gas in Australia. The company maintained its projection that 2015 aluminium demand will increase by 3.5m tonnes, or 6.5%, to 57.5m tonnes, a record.

The Department of Energy Enters into A Loan Agreement with Alcoa

The Department of Energy is reviving a vehicle loan program to retool after criticism it funded flops and wasted taxpayer money. The department announced that it has reached a conditional, $259 million loan agreement with Alcoa. The money will be used to fund an expansion of a facility that manufactures high-strength aluminum used in fuel-efficient cars. The loan is first issued from the department's Advanced Technology Vehicles Manufacturing Program in 4 years, and comes a year after Energy Secretary Ernest Moniz promised to revamp the program.

Rio Tinto and Alcoa Agree to Scrap Joint Venture Plan for National Park in Kimberley, Australia

Rio Tinto and Alcoa have agreed to scrap a bauxite mining joint venture plan in the north Kimberley region of Australia to free-up land for Kimberley National Park. Rio Tinto and Alcoa previously signed the 40-year Alumina Refinery (Mitchell Plateau) State Agreement Act, which was intended to facilitate bauxite mining and the development of an alumina refinery in the north Kimberley region. Termination of the act is expected to occur as finalisation of the legislation is being progressed in state parliament.

 

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Industry Analysis

AA*

Industry Average

Valuation AA* Industry Range
Price/Earnings 27.1x
Price/Sales 0.7x
Price/Book 1.4x
Price/Cash Flow 8.3x
TEV/Sales 0.2x
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