Home / Street Sector / Stocks in Volatile Measures: Alcoa Inc. (NYSE:AA), PBF Energy Inc. (NYSE:PBF)

Stocks in Volatile Measures: Alcoa Inc. (NYSE:AA), PBF Energy Inc. (NYSE:PBF)

Alcoa Inc. (NYSE:AA) persists its position slightly strong in context of buying side, while shares price are rising remains unchanged during latest trading session. Alcoa AA is set to release its third-quarter 2016 results ahead of the bell on Oct 11.  In the last quarter, the New York-based aluminum giant posted forecast-topping earnings (a positive surprise of about 67%), but lower aluminum prices dragged down its sales and profits. Gains from productivity actions offset headwinds from lower metal prices in the quarter. The firm recorded productivity gains of $375 million across all sections in the quarter.

Alcoa, in July, reaffirmed its global aluminum demand growth forecast of 5% for 2016. Moreover, the firm revised its a global aluminum deficit forecast for 2016 to about 775,000 metric tons from its previous view of 1.1 million metric tons. Global demand for aluminum is predictable to grow faster than supply in 2016.

Narrow down focus to other ratios, the co has current ratio of 1.50 that indicates if AA lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 0.80, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 0.68, sometimes its remain same with long term debt to equity ratio.

Following previous ticker characteristics, PBF Energy Inc. (NYSE:PBF) also run on active notice, stock price plummeted -2.75% after traded at $21.58 in most recent trading session.

PBF  price to current year EPS stands at 402.90%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 853.30%. The earning yield also gives right direction to lure investment, as the co has 5.41% dividend yield. Moving toward ratio analysis, it has current ratio of 2.10 and quick ratio was calculated as 1.40. The debt to equity ratio appeared as 1.40 for seeing its liquidity position.

Taking notice on volatility measures, price volatility of stock was 4.26% for a week and 4.94% for a month. The price volatility’s Average True Range for 14 days was 1.01. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 2.50 out of 1-5 scale with week’s performance of 0.96%. PBF’s institutional ownership was registered as 85.00%, while insider ownership was 0.50%.


About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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