10/28/2009 Wednesday, October 28, 2009 (Irvine, California) Today StockRing.com Recommendation is to "SELL-SHORT"for ALCOA INC (NYSE:AA) Stock.
AA stock opening price was $12.75 per share.
Current price of NYSE:AA Stock is $12.15 per share
and it is
$-0.66, (-5.15%) today
and it was trading in the daily range of $12.02 - 12.77 per share.
Current Bid Price for (NYSE:AA) stock is $12.14 and the Ask Price is $12.15. In the last 52 weeks
AA stock was trading in the range of $4.97 - 15.11. 50-Day Moving Average for (NYSE:AA) stock is
$13.6911 and 200-Day Moving Average is $11.3571. On average analysts predict that One Year Target Estimated price for
(NYSE:AA) stock is $15.67.
ALCOA INC (NYSE:AA)Market capitalization is $11.839B. (NYSE:AA) stock average daily volume is
33,846,000 shares per day.
However, on last trading session of 2:03pm, 2009
AA stock traded 32,112,418 shares.
Also The Short Ratio for (NYSE:AA) stock is 2.10.
On previous trading session AA Stock closed at $12.81 per share.
Last year ALCOA INC (NYSE:AA) before taxes (EBITDA) (ttm) earned $249.0M on total revenue of $18.694B.
Earnings Per Share - EPS (ttm) for AA stock is -2.308.
Thus, (NYSE:AA) Stock Price/Sales (ttm) ratio is 0.67 and Price/Book (mrq) ratio is 0.95.
(NYSE:AA) Stock pays a dividend of $0.40 per share which is a yield of 3.12%.
So at this time (NYSE:AA) Stock maintains Trailing Annual Dividend Rate at 0.40
.
StockRing Recommendations for ALCOA INC (NYSE:AA) Stock are updated daily here
Alcoasurprised Wall Street by reporting a profit for the most recent quarter after three consecutive quarterly losses, and it turned in a revenue number that topped expectations.
The maker of aluminum products and component of the Dow Jones Industrial Average reported a surprise profit of 4 cents a share in the third quarter, excluding one-time items, compared with a profit of 37 cents a share in the same period last year.
Analysts surveyed by Thomson Reuters expected Alcoa to report a loss of 9 cents a share.
Sales reached $4.62 billion in the most recent quarter, below the $7.234 billion from this time last year, but ahead of analysts' $4.551 billion forecast.
Also shares leaped more than 5 percent in after-hours trading Wednesday.
The shares finished the day's regular session at $14.20, up 2.23 percent, in New York Stock Exchange trade.
Speaking to CNBC, Alcoa Chief Executive Officer Klaus Kleinfeld credited a stronger balance sheet and a resurgent Chinese economy for the company's results.
"We turned the crisis into a real opportunity, we strengthened our cost structure, strengthened our balance sheet," Kleinfeld said. "China clearly is back and back very, very strong and pulling some of the Asian markets."
The executive added that he sees the global aluminum market expanding by 11 percent in the year's second half, thanks largely to a rebounding car market. He said US demand is stabilizing.
"Not only have we been fulfilling our promises but weve pretty much been exceeding all of the targets at this point in time," Kleinfeld said.
Alcoa revealed in its quarterly results that it currently holds $1.1 billion in cash. Kleinfeld would not openly speculate on where, if anywhere, he might put that cash to work but said it gives Alcoa a lot of opportunities, given the unprecedented nature of the global economic crisis.
Kleinfeld said Alcoa is closely monitoring energy prices and the weakening dollarespecially the greenback's standing against the Brazilian Real and Australian Dollar.
The economic downturn since September affected most of Alcoa's end marketsautomotive, commercial transportation, building and construction, and aerospace.
But in July, Kleinfeld said there were signs that weak aluminum demandwhich has prompted production cuts and plummeting metals prices in the last yearmight be easing.
Alcoa is the first company in the Dow Jones Industrial Average to report third-quarter earnings and is usually watched as an early indicator on industrial and manufacturing earnings.
Analysts were expecting Century Aluminum Co. (CENX) [Chart - News - Analysis] to report earnings of $-0.17 for last quarter, but CENX beat expectations with actual earnings of $0.45---62 cents ...
US stocks finished mostly down on Tuesday as investors reacted to a weaker-than-expected consumer confidence data. However, Dow managed to finish in green as a rally in energy stocks and better ...
WARRICK CO, IN (WFIE) - The Alcoa Foundation has given the Warrick County School Corporation a grant for the "green canopy project." The nearly $17,000 grant will help plant trees at every public ...
US stocks finished lower on Monday as a strengthening dollar pressurized oil prices and commodity shares. Shares also came under pressure amid selloff in banking stocks. The Dow Jones Industrial ...
Natural water technology systems have enabled Alcoa (NYSE:AA) to decrease water usage and to return more clean water to the communities in which the company operates, said Rajat Ghosh, Ph.D., a ...
Alcoa Inc. is the world's leading producer and manager of primary aluminum fabricated aluminum and alumina facilities and is active in all major aspects of the industry. Alcoa serves the aerospace ...
US stocks tumbled on Friday as investors preferred to book profits after witnessing strong rally in the past few sessions. The Dow Jones Industrial Average fell 109.13 points or 1.08% to finish at ...
NEW YORK, Oct 23, 2009 (Dow Jones Commodities News Select via Comtex) -- AA -- ("UPDATE: Alcoa Seeks $500M In Damages From Energy Future Hldgs" at 2:40 pm EDT, and a 2nd update at 3:40 pm EDT ...
http://www.businesswire.com/news/home/20091022005130/en NEW YORK--(Business Wire)-- The following releases focus on Corporate Social Responsibility and moved during the week of October 14 ...
The unofficial kickoff to the earnings season began on a fantastic note at the start of the month, October 7 to be precise. Shares of metal manufacturers shot higher after the aluminum giant Alcoa ...
Resource Stocks Drag TSX Down 130 Points RTT News Crude slipped toward $78 aa barrel on demand concerns and dollar strength. The Energy Index is down 1.6 percent, with EnCana (ECA. ...
FCX, TGB, AA are Today`s Top Mining Stocks TransWorldNews (press release) Alcoa Inc. (Public, NYSE:AA) spurted more than 1.37% to $14.01 in mid day trade with a volume of 17.91 million shares. The stock has a 52-week range of ...
StockRing: 10/24/09, (NYSE:AA), $13.73, "BUY" ALCOA INC (AA) Stock ... 10/24/2009 Saturday, October 24, 2009 (Irvine, California) Today StockRing.com Recommendation is to "BUY"for ALCOA INC (NYSE:AA) Stock. AA stock opening price was $14.16 per share. Current price of NYSE:AA Stock is $13.73 per share and ...
StockRing: 10/6/09, (NYSE:AA), $13.89, "BUY" ALCOA INC (AA) Stock ... We saw a huge jump in Alcoa stock NYSE:AA from $12.52 on Wednesday to $13.89 today, Friday. Too much, too fast. How about buying a put for Alcoa October $12.50 stock option. It is down by 37% and trades at 18 cents only ! ...
StockRing: 9/29/09, (NYSE:AA), $13.44, "SUPER BUY" ALCOA INC (AA... 9/29/2009 Tuesday, September 29, 2009 (Irvine, California) Today StockRing.com Recommendation is to "SUPER BUY"for ALCOA INC (NYSE:AA) Stock. AA stock opening price was $13.56 per share. Current price of NYSE:AA Stock is $13.44 per ...
StockRing: 9/4/09, (NYSE:AA), $12.18, "BUY" ALCOA INC (AA) Stock ... 9/4/2009 Friday, September 04, 2009 (Irvine, California) Today StockRing.com Recommendation is to "BUY"for ALCOA INC (NYSE:AA) Stock. AA stock opening price was $12.18 per share. Current price of NYSE:AA Stock is $12.18 per share and it ...
StockRing: 8/17/09, (NYSE:AA), $12.51, "BUY" ALCOA INC (AA) Stock ... Welcome to StockRing.com Blog about Stock Markets. Loading... Search StockRing Blog. Loading... Monday, August 17, 2009. 8/17/09, (NYSE:AA), $12.51, "BUY" ALCOA INC (AA) Stock on Monday, August 17, 2009 · StockRing.com ...
StockRing: 4/3/09, (NYSE:AA), $8.08, "BUY" ALCOA INC (AA) StockAA stock opening price was $8.17 per share. Current price of NYSE:AA Stock is $8.08 per share and it is $-0.10, (-1.22%) today and it was trading in the daily range of $7.93 - 8.25 per share. Current Bid Price for (NYSE:AA) stock is ...
3/16/09, (nyse:aa), $6.25, sell-short alcoa inc (aa) stock 3/16/2009 stockring recommendation is to "sell-short"for alcoa inc (nyse:aa) stock. aa stock opening price was $5.92 per share. current price of nyse:aa stock is $6.25 per share and it is $+0.52, (+9.08%) today and it was trading in the ...
buy stocks: aa lndc mind recn mos before the earning on 4/7/09 alcoa inc, aa, 0.57, after market close. landec corporation, lndc, 0.07, after market close. mitcham industries, mind, 0.14, after market close. resources global professionals, recn, 0.07, after market close ...
10/20/09, (NYSE:DD), $33.87, "SUPER BUY" Du Pont (DD) Stock on ... Alcoa - AA Autodesk - ADSK Aflac - AFL Buy from S&P 400 MidCap: Carmax - KMX 99c Stores - NDN Netflix - NFLX Sell from S&P 400 MidCap: Timken - TKR Trinity - TRN Aflac - AFL Buy from S&P 600 SmallCap: Coinstar - CSTR Holly - HOC ...
10/20/09, (NYSE:CVX), $77.03, "SUPER BUY" CHEVRON CORP (CVX) Stock ... Stocks Move Off Of Lows But Remain Mostly Negative - US Commentary RTT News The sell-off is pulling the stock away from its best closing level in over a year. While General Electric (GE), Alcoa (AA), Coca-Cola (KO) and Chevron (CVX) . ...
10/9/09, (NYSE:JPM), $45.48, "BUY" JP MORGAN CHASE C (JPM) Stock ... The Whisper Number: AA, BAC, JPM, C Stock Traders Daily The last couple of times we have seen a bullish crossover, the stock has rallied sharply over the ensuing weeks. Overall, there is nothing compelling enough . ...
10/9/09, (NYSE:GE), $16.2, "BUY" General Electric (GE) Stock on ... DJIA and S&P 500 Caught in Tsunami of Positive Momentum; AIG, AA, GE Learning Markets US stocks are continuing their bullish move higher today after stock markets around the world reacted to signs of economic improvement. ...
10/9/09, (NYSE:DD), $32.72, "BUY" Du Pont (DD) Stock on Friday ... DJIA and S&P 500 Riding Alcoa Earnings Higher; AA, DD, THC Learning Markets (DD) is also moving higher. It is up 1.92% in early trading. Things look good across a majority of stocks in the major indexes. ...
10/6/2009 Hot Stocks: SELL 31% or 62, HOLD 30% or 60, BUY 39% or ... Stocks Pop On Economic OptimismWIBW Record High in Gold; Dollar Drops123Jump.com DJIA and S&P 500 Caught in Tsunami of Positive Momentum; AIG, AA, GELearning Markets Bloomberg -Business Spectator (registration) -India Infoline.com ...
StockRing Report on 10/6/2009, You have 37 stocks to sell ^DJI A AA BTU CAG CEG CF CIEN CMI CNP COF CVG DELL DUK ECL ED EMN FCX GAS GPC HAL HD HIG HOT HUM IFF JCI JDSU LH MET MHS MTB MWV NSC NSM NWSA OI OMC PDCO PFG PLL PNW R RRD RSG RTN SE SPY STT TEL THC TMK UTX WHR X XRX ...
StockRing: 4/5/09, (NASDAQ:ADSK), $17.99, "BUY" Autodesk (ADSK) Stock Alcoa (AA Quote - Cramer on AA - Stock Picks) upgraded at Deutsche Bank from Sell to Hold. Financing fears have been pushed into 2010, following the recent equity placement. Autodesk (ADSK Quote - Cramer on ADSK - Stock Picks) upgraded ...
StockRing: 10/20/09, (NYSE:KO), $54.07, "SUPER BUY" Coca-Cola (KO ... While General Electric (GE), Alcoa (AA), Coca-Cola (KO) and Chevron (CVX) ... Earnings Optimism May Vie Against Economic Pessimism - RTTNews Daily Market ...Trading Markets (press release) all 19 news articles » ...
9/4/09, (nyse:xom), $68.88, "sell-short" exxon mobil cp (xom ... canadian regulators approve hibernia's aa expansion. reuters - sep 2, 2009. calgary, alberta, sept 2 (reuters) - canadian regulators approved on wednesday exxon mobil corp (xom.n) plans to tap a 48.4 million barrel satellite field at ...
9/4/09, (nyse:trv), $49.87, "super buy" the travelers co (trv ... market recap: bulls retreat after shanghai sell-off schaeffers research (trv). leading the laggards were alcoa (aa) and walt disney (dis), with the latter surrendering 3% after agreeing to acquire marvel entertainment (mvl) for . ...
9/8/09, (nyse:ci), $29.9, "super buy" cigna cp (ci) stock on ... analyst upgrades, downgrades and initiations: aa, ci, dis, gps ... bloggingstocks. keefe bruyette upgraded popular (nasdaq: bpop) to outperform from market perform as it believes the issuance of new common stock in exchange for ...
9/3/09, (nyse:hbc), $52.89, "hold" hsbc holdings plc ad (hbc ... sept 03, 2009 (lbo) - fitch ratings has confirmed hsbc sri lanka's long term national long-term rating at 'aaa(lka)' with a 'stable' outlook, on the strength of its parents 'aa/negative outlook ... hsbc says switzerland luring more rich ...
StockRing: 4/6/09, (NYSE:FDO), $33.44, "BUY" FAMILY DOLLAR STORES ... Alcoa (NYSE:AA) kicks off earnings season on Tuesday, with key corporate results also due out from Bed Bath & Beyond (NASDAQ:BBBY), Mosaic (NYSE:MOS), Constellation Brands (NYSE:STZ), Family Dollar (NYSE:FDO) and Pep Boys (NYSE:PBY). ...
StockRing: 10/9/09, (NYSE:BA), $52.57, "BUY" BOEING CO (BA) Stock ... Wall Street Closes Up As Commodity Shares Rally, Alcoa (NYSE: AA) Jumps istockAnalyst.com - Oct 6, 2009. US stocks rallied on Tuesday as a weak dollar pushed up commodity prices, lifting shares of oil and mining companies. ...
StockRing: 6/24/09, (NYSE:CAT), $34.15, "SELL-SHORT" CATERPILLAR ... Industrials were among the early movers, with Alcoa(AA Quote) rising 5.7%, Caterpillar(CAT Quote) up 3%, and dupont(DD Quote) higher by 1.9%. Stocks reacted positively in the premarket to news that durable goods orders, or orders for ...
StockRing: 7/9/09, (NYSE:GE), $10.98, "SELL-SHORT" GENERAL ... And then finally, there's Alcoa (AA) gaining a nickel on that smaller ... Selloff Vanishes After Late RallyFOXBusiness. Stocks Trade Morosely Before EarningsTheStreet.com. Paul Kangas' Stocks in the NewsNightly Business Report ...
StockRing: 8/19/09, (NYSE:XOM), $67.95, "SELL-SHORT" EXXON MOBIL ... Exxon Mobil CP (NYSE: XOM), Fifth Third Bancorp (Nasdaq: FITB), ALCOA Inc(NYSE: AA),Microsoft Corporation (Nasdaq: MSFT), Apple Inc. (Nasdaq: AAPL) NASDAQ, ... and more » · Crude Dials Back Before the Bell: Oil Alert TheStreet.com ...
StockRing: 9/9/09, (NYSE:CVX), $70.57, "BUY" CHEVRON CORP (CVX ... Wall Street Gains As Oil Rallies, Chevron (NYSE: CVX) Jumps istockAnalyst.com (press release) JP Morgan, on Tuesday, upgraded the GE stock to "overweight" from "neutral." Alcoa (NYSE: AA), the largest US aluminum maker, soared 42 cents ...
StockRing: 7/9/09, (NYSE:DD), $24.64, "HOLD" DU PONT E I DE NE (DD ... On the other hand, Alcoa (AA) slid ... Stocks Finish Considerably Lower Ahead Of Start Of Earnings Season ...Trading Markets (press release) Stocks May Attempt to Come to Terms With Slow and Drawn Out RecoveryRTT News ...
StockRing: 9/2/09, (NYSE:XOM), $68.61, "SELL-SHORT" EXXON MOBIL CP ... RTT News ... with Alcoa (AA), Boeing (BA), Bank of America (BAC), Caterpillar (CAT), Disney (DIS) and Exxon Mobil (XOM) showing sharp declines. On the other hand, ... US STOCKS-Wall St skids on China concerns; oil, banks weighReuters ...
StockRing: 4/18/09, (Toronto:RIM.TO), $83.35, "BUY" Research in ... Technology stocks lost 3%, led by aa 5.2% drop for Blackberry-maker RResearch in Motion, Inc.n (RIM.TO). Financials dropped 2.73% as all of the big six ended lower. National Bank (NA.TO) led the way, positing a 4% drop, whole Scotiabank ...
StockRing: 4/5/09, (NYSE:BA), $37.69, "BUY" BOEING CO (BA) Stock 3/10/09 Bought March 21, 2009 Puts on MSFT, GE, HPQ, T, AXP, BA, CAT, AA. 3/10/09 We bought the following MARCH 21, 2009 Puts for 1. Microsoft - .MQFOC March 21, 2009 $15 PUT - Paid $.16 2. General Electric - .GEWOU March 21, 2009 $7.5 ...
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My name is Eric Katsov and I work at StockRing.com. This blog is to reflect the latest developments that we observe on the stock market from StockRing point of view.
StockRing developed unique risk evaluation technology that allows to minimize losses for large diversified portfolios of stocks and mutual funds via weekly portfolio monitoring. StockRing clients receive Weekly Status Reports with Buy-Sell-Hold ratings assigned to all their stocks and mutual funds.
StockRing serves a lot of 401k and 403b clients who are limited to investing into just a few of mutual funds and StockRing sends Weekly 401K Status Reports to help clients to chose the best funds to invest in.
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