B. Riley Cuts Alcoa (NYSE:AA) Price Target to $37.00

Alcoa (NYSE:AA) had its target price decreased by B. Riley from $38.00 to $37.00 in a report released on Tuesday morning,Benzinga reports. B. Riley currently has a buy rating on the industrial products company’s stock. B. Riley also issued estimates for Alcoa’s Q2 2025 earnings at $0.34 EPS, Q3 2025 earnings at $0.25 EPS, Q4 2025 earnings at $0.57 EPS, FY2025 earnings at $3.31 EPS, FY2026 earnings at $2.56 EPS and FY2027 earnings at $2.29 EPS.

AA has been the subject of a number of other research reports. UBS Group reissued a “neutral” rating and issued a $31.00 target price on shares of Alcoa in a research note on Thursday, May 15th. Wall Street Zen lowered Alcoa from a “buy” rating to a “hold” rating in a research report on Sunday, June 22nd. JPMorgan Chase & Co. increased their target price on Alcoa from $25.00 to $28.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 18th. Citigroup upgraded Alcoa to a “buy” rating and set a $42.00 price target on the stock in a research note on Tuesday, July 8th. Finally, Barclays upped their price target on Alcoa to $31.00 and gave the stock a “hold” rating in a research note on Friday, May 16th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $42.23.

Alcoa Stock Performance

Shares of Alcoa stock opened at $29.38 on Tuesday. The business’s fifty day simple moving average is $28.85 and its 200 day simple moving average is $30.93. The firm has a market capitalization of $7.61 billion, a P/E ratio of 7.67, a price-to-earnings-growth ratio of 0.18 and a beta of 2.25. Alcoa has a 12 month low of $21.53 and a 12 month high of $47.77. The company has a current ratio of 1.71, a quick ratio of 1.00 and a debt-to-equity ratio of 0.43.

Alcoa (NYSE:AA) last announced its quarterly earnings results on Wednesday, July 16th. The industrial products company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.10. The company had revenue of $3.02 billion during the quarter, compared to analysts’ expectations of $2.96 billion. Alcoa had a return on equity of 19.88% and a net margin of 7.86%. The firm’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.16 earnings per share. As a group, analysts anticipate that Alcoa will post 4.43 EPS for the current year.

Alcoa Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Tuesday, May 20th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.36%. The ex-dividend date was Tuesday, May 20th. Alcoa’s payout ratio is 10.44%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Proficio Capital Partners LLC acquired a new position in shares of Alcoa in the 4th quarter worth approximately $1,223,000. Raymond James Financial Inc. purchased a new position in shares of Alcoa in the fourth quarter worth approximately $1,639,000. Swiss National Bank boosted its holdings in shares of Alcoa by 10.2% during the fourth quarter. Swiss National Bank now owns 508,113 shares of the industrial products company’s stock worth $19,197,000 after purchasing an additional 47,200 shares during the period. Natixis Advisors LLC boosted its holdings in shares of Alcoa by 27.2% during the fourth quarter. Natixis Advisors LLC now owns 12,808 shares of the industrial products company’s stock worth $484,000 after purchasing an additional 2,742 shares during the period. Finally, Corient Private Wealth LLC boosted its holdings in shares of Alcoa by 4.6% during the fourth quarter. Corient Private Wealth LLC now owns 21,602 shares of the industrial products company’s stock worth $816,000 after purchasing an additional 948 shares during the period.

About Alcoa

Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through two segments, Alumina and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses.