Home News Current Performance Arconic Inc. (NASDAQ: ARNC)

Current Performance Arconic Inc. (NASDAQ: ARNC)

19
0
SHARE

Arconic Inc. (ARNC) trades as part of the Industrials sector and is in the Industrial Products industry. The company CEO is Charles P. BlankenshipArconic Inc is engaged in manufacturing value-added aluminum and specialty metals products for a wide variety of industrial end markets, including aerospace and defense, building and construction, and automotive.

Previous Intraday Trading Performance:

The Industrial Products company showed a previous change of 1.37% with an open at 17.50 and a close of 17.80. It reached an intraday high of 17.84 and a low of 17.41.

Liquidity:

The stock has a market cap of $8.6b with 482.8m shares outstanding, of which the float is 481.0mshares. Trading volume reached 3,874,164 shares compared to its average volume of 5,102,855shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Arconic Inc. shares returned 2.83% and in the past 30 trading days it returned -22.51%. Over three months, it changed -26.95%. In one year it has changed -33.59% and within that year its 52-week high was 31.17 and its 52-week low was 16.66ARNC stock is 6.84% above its 52 Week Low.

Our calculations show a 200 day moving average of 25.04 and a 50 day moving average of 22.72. Currently ARNC stock is trading -28.93below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Earnings:

The last annual fiscal EPS for the company was reported at -0.29 that ended on December 31, 2017. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.32. The TTM EPS is 1.22, which comes to a TTM PE of 14.59.

The following are the last four quarter reported earnings per share:
Mar 31, 2018:  0.34
Dec 31, 2017:  0.31
Sep 30, 2017:  0.25
Jun 30, 2017:  0.32

The dividend per share is currently 0.24, which is a dividend yield of 1.37%.

Indicators to Watch:

Based on the latest filings, there is 89.30% of institutional ownership.

Short-interest is 13,806,193, which is 2.86% of shares outstanding. The short-interest ratio or days-to-cover ratio is 4.09This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.16.

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -5.45%, return on assets is -1.51%, profit margin is -1.91%, price-to-sales is 0.63 and price-to-book is 1.57.

More News:

Business Wire:  Arconic to Host Webcast of Annual Meeting of Shareholders
SeekingAlpha:  Stocks Are Facing The Burden Of Unrealistic Expectations – Cramer’s Mad Money (5/1/18)
SeekingAlpha:  Credit Suisse: Arconic selloff overdone

SHARE
The founder of Trading News Now (TNN) and contributor to the stock market trading community. Graduated from Brigham Young University - Idaho with a degree in financial economics. Aside from his extensive knowledge in fundamental analysis of publicly traded companies, other interests include programming and financial modeling.

LEAVE A REPLY

Please enter your comment!
Please enter your name here