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ARNC
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
3.01B

ARNC Arconic Corp Forecast, Technical & Fundamental Analysis

a manufacturer of custom aluminum products

Industry Steel
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nucor Corp (NYSE:NUE), ArcelorMittal (NYSE:MT), Cleveland-Cliffs (NYSE:CLF), United States Steel Corp (NYSE:X), Arconic Corp (NASDAQ:ARNC).

Industry description

The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.

Market Cap

The average market capitalization across the Steel Industry is 4.24B. The market cap for tickers in the group ranges from 107.02K to 39.24B. NUE holds the highest valuation in this group at 39.24B. The lowest valued company is GCIN at 107.02K.

High and low price notable news

The average weekly price growth across all stocks in the Steel Industry was -1%. For the same Industry, the average monthly price growth was -3%, and the average quarterly price growth was -1%. USAP experienced the highest price growth at 9%, while ARCXF experienced the biggest fall at -39%.

Volume

The average weekly volume growth across all stocks in the Steel Industry was -13%. For the same stocks of the Industry, the average monthly volume growth was 20% and the average quarterly volume growth was -5%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 26
P/E Growth Rating: 39
Price Growth Rating: 56
SMR Rating: 65
Profit Risk Rating: 72
Seasonality Score: -12 (-100 ... +100)
View a ticker or compare two or three
A.I. Advisor
published Earnings

ARNC is expected to report earnings to rise 10.34% to 63 cents per share on October 31

Arconic Corp ARNC Stock Earnings Reports
Q3'23
Est.
$0.64
Q2'23
Beat
by $0.08
Q1'23
Missed
by $0.07
Q4'22
Missed
by $2.95
Q3'22
Missed
by $0.97
The last earnings report on July 31 showed earnings per share of 57 cents, beating the estimate of 50 cents. With 4.38M shares outstanding, the current market capitalization sits at 3.01B.
A.I.Advisor
published Dividends

ARNC paid dividends on February 25, 2020

Arconic Corp ARNC Stock Dividends
А quarterly dividend of $0.02 per share was paid with a record date of February 25, 2020, and an ex-dividend date of February 06, 2020. Read more...
A.I. Advisor
published General Information

General Information

a manufacturer of custom aluminum products

Industry Steel

Profile
Fundamentals
Details
Industry
Aluminum
Address
201 Isabella Street
Phone
+1 412 992-2500
Employees
11550
Web
https://www.arconic.com
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ARNC and

Correlation & Price change

A.I.dvisor indicates that over the last year, ARNC has been loosely correlated with TXT. These tickers have moved in lockstep 58% of the time. This A.I.-generated data suggests there is some statistical probability that if ARNC jumps, then TXT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ARNC
1D Price
Change %
ARNC100%
N/A
TXT - ARNC
58%
Loosely correlated
-0.70%
HWM - ARNC
56%
Loosely correlated
-0.49%
TMST - ARNC
54%
Loosely correlated
+0.14%
TDG - ARNC
53%
Loosely correlated
-0.62%
WWD - ARNC
53%
Loosely correlated
-1.11%
More

Groups containing ARNC

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ARNC
1D Price
Change %
ARNC100%
N/A
Steel
(undefined stocks)
19%
Poorly correlated
+0.21%
metals
(undefined stocks)
2%
Poorly correlated
-0.49%