Goldman Sachs Maintains Bullish Stance on Alcoa (AA)

Alcoa (AA) Valuation at Risk - Nomura

Nomura Securities analyst Curt Woodworth reiterated a Neutral rating and $8 price target on Alcoa (NYSE: AA) following Q1 results, saying Premia at risk as well as the premium valuation.

Woodworth said, "A combination of weak ali market fundamentals and strong downstream recovery has effectively transformed Alcoa into a... More

Alcoa, Inc. (AA) Tops Q1 EPS by 4c

Alcoa, Inc. (NYSE: AA) reported Q1 EPS of $0.09, $0.04 better than the analyst estimate of $0.05. Revenue for the quarter came in at $5.45 billion versus the consensus estimate of $5.56 billion.

Segment Performance

Engineered Products and Solutions

ATOI was a first quarter record of $189 million, up $21 million, or 13 percent, sequentially and up $16 million, or 9 percent, year-over-year. Higher volumes in aerospace and commercial transportation combined with favorable productivity across all businesses drove the improvement sequentially and year-over-year. This segment reported a record first quarter adjusted EBITDA margin of 22.2 percent, compared to 20.9... More

Alcoa, Inc. (AA) Ticks Higher into Q1 Report

Alcoa (NYSE: AA) is up 0.7 percent Tuesday heading into the aluminum giant's Q1 report, which is expected out after markets close. The results from the company marks the unofficial start of first quarter earnings season.

The Street is looking for Alcoa to... More

Deutsche Bank Upgrades Alcoa (AA) to Hold

Deutsche Bank upgraded Alcoa (NYSE: AA) from Sell to Hold with a price target of $10.00 (from $7.50).

Analyst Jorge Beristain comments, "The increase in PT is to now reflect higher realized aluminum prices for the foreseeable future, but continue to believe down-side risk remains given the... More