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Last A$18.00 AUD
Change Today 0.00 / 0.00%
Volume 0.0
AAI On Other Exchanges
Symbol
Exchange
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As of 9:26 PM 07/12/15 All times are local (Market data is delayed by at least 15 minutes).

alcoa inc - cdi (AAI) Snapshot

Open
A$18.00
Previous Close
A$18.00
Day High
A$18.00
Day Low
A$18.00
52 Week High
02/18/15 - A$26.86
52 Week Low
10/17/14 - A$17.00
Market Cap
23.6B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
1.3B
EX-Date
08/5/15
P/E TM
--
Dividend
A$0.12
Dividend Yield
0.80%
Current Stock Chart for ALCOA INC - CDI (AAI)

alcoa inc - cdi (AAI) 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: 02/19/15
Founded in 1888

alcoa inc - cdi (AAI) 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 - cdi (AAI) Key Developments

Alcoa Inc. Declares Quarterly Common Stock Dividend, Payable on August 25, 2015; Declares Quarterly Dividend on Preferred Stock, Payable on October 1, 2015

The Board of Directors of Alcoa declared a quarterly common stock dividend of 3 cents per share payable August 25, 2015 to holders of record of the common stock at the close of business on August 7, 2015. The company announced the dividend of 93.75 cents per share on the company's $3.75 cumulative preferred stock, payable October 1, 2015 to holders of record of the Class A Stock at the close of business on September 11, 2015; and a dividend of $6.71875 per share on the company's 5.375% Class B Mandatory Convertible Preferred Stock, payable October 1, 2015 to holders of record of the Class B Stock at the close of business on September 15, 2015. The dividend on the Class B Stock is equivalent to a dividend of $0.671875 per Depositary Share (each Depositary Share representing a 1/10th interest in a share of Class B Stock).

Alcoa Inc. Announces Unaudited Consolidated Earnings and Operating Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Financial Guidance for Fiscal 2015

Alcoa Inc. announced unaudited consolidated earnings and operating results for the second quarter and six months ended June 30, 2015. The company reported second quarter 2015 net income attributable of $140 million, or $0.10 per diluted share, including $143 million in restructuring-related charges, primarily to optimize the Company’s upstream portfolio. Year-over-year, second quarter 2015 results compared to net income attributable of $138 million, or $0.12 per diluted share, in second quarter 2014. Profitability increased even as the Midwest transaction price declined $527 per metric ton, or 22%, year-to-date through June 30, demonstrating the benefit of a reshaped portfolio. Second quarter 2015 revenue rose to $5.9 billion, from $5.8 billion in second quarter 2014, up 1% year-over-year. Free cash flow for the quarter was $205 million, with cash provided from operations of $472 million compared to free cash flow of $260 million and cash provided from operations of $518 million a year ago. Income before income taxes was $282 million against $207 million a year ago. Adjusted net income attributable to company was $250 million or $0.19 per diluted share against $216 million or $0.18 per diluted share a year ago. Adjusted EBITDA was $942 million against $776 million a year ago. Capital expenditures were $267 million against $258 million a year ago. For the six months, the company reported sales of $11,716 million against $11,290 million a year ago. Income before income taxes was $763 million against loss before income taxes of $67 million a year ago. Net income attributable to company was $335 million or $0.24 per diluted share against net loss attributable to company of $40 million or $0.04 per diluted share a year ago. Cash provided from operations was $297 million against cash used in operations of $33 million a year ago. Capital expenditures were $514 million against $467 million a year ago. The company continues to project steady growth in 2015 across the majority of its end markets. In the aerospace sector, the company expects global sales growth of 8% to 9% in 2015. The 2015 forecast shifted one point on a slower ramp up primarily in the A350 and Bombardier C Series, and future estimated growth rates have been revised upward. Projections for 2016 and 2017 aerospace sales growth have nearly doubled to 8% and 13%, from 4% to 5% and 6%, respectively, showing the ongoing strength of the sector. In the automotive, building and construction, industrial gas turbine, and packaging end markets, the company’s global forecasts remain unchanged. The company estimates a global automotive production increase of 2% to 4% for the year, with a 1% to 4% rise in North America; 5% to 7% global sales growth in the commercial building and construction market; 1% to 3% global airfoil market growth in the industrial gas turbine market; and a 2% to 3% global sales increase in the packaging market. For the quarter, the company reported aumina production of 3,977 kmt and aluminum production of 701 kmt compared to aumina production of 4,077 kmt and aluminum production of 795 kmt a year ago.

Alcoa to Permanently Close its Poços De Caldas Primary Aluminum Smelter in Brazil on June 30, 2015

Alcoa announced that it will permanently close its Poços de Caldas primary aluminum smelter in Brazil on June 30, 2015. The smelter has been curtailed since May 2014 and the underlying market conditions that led to the curtailment have not improved. The closure of the Poços smelter permanently removes a high-cost smelting facility from the Alcoa system and is another step in creating a more profitable Primary Metals business. Once the Poços smelter is closed, Alcoa’s total global smelting capacity will be reduced by 96,000 metric tons, to 3.4 million metric tons. The Poços mine, refinery, aluminum powder plant and casthouse will continue normal operations.

 

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AAI

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Valuation AAI Industry Range
Price/Earnings 20.7x
Price/Sales 0.5x
Price/Book 1.0x
Price/Cash Flow 6.6x
TEV/Sales 0.0x
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