Arconic Corporation (ARNC)

NYSE: ARNC · IEX Real-Time Price · USD
18.60
+1.56 (9.15%)
Oct 3, 2022 4:00 PM EDT - Market closed
9.15%
Market Cap 1.91B
Revenue (ttm) 8.77B
Net Income (ttm) 134.00M
Shares Out 102.66M
EPS (ttm) 1.10
PE Ratio 16.91
Forward PE 17.45
Dividend n/a
Ex-Dividend Date n/a
Volume 631,478
Open 17.38
Previous Close 17.04
Day's Range 17.37 - 18.91
52-Week Range 16.33 - 35.74
Beta 1.70
Analysts Buy
Price Target 32.90 (+76.9%)
Earnings Date Nov 1, 2022

About ARNC

Arconic Corporation manufactures and sells aluminum sheets, plates, extrusions, and architectural products in the United States, Canada, China, France, Germany, Hungary, Russia, the United Kingdom, and internationally. It operates through three segments: Rolled Products, Building and Construction Systems, and Extrusions. The Rolled Products segment provides a range of aluminum sheet and plate products for ground transportation, aerospace, industrial, and packaging markets; and roofing, architectural composite panels, ventilated facades and ceil... [Read more...]

Industry Aerospace & Defense
Employees 13,900
Stock Exchange NYSE
Ticker Symbol ARNC
Full Company Profile

Financial Performance

In 2021, Arconic's revenue was $7.50 billion, an increase of 32.23% compared to the previous year's $5.68 billion. Losses were -$397.00 million, 264.2% more than in 2020.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for ARNC stock is "Buy." The 12-month stock price forecast is 32.9, which is an increase of 76.88% from the latest price.

Price Target
$32.9
(76.88% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Arconic Stock Is Falling Today

Macroeconomic headwinds will weigh on 2022 results.

2 weeks ago - The Motley Fool

Arconic slashes full-year revenue guidance

Yahoo Finance Live anchors Brad Smith, Brian Sozzi and Julie Hyman discuss Arconic slashing its full-year revenue guidance amid high energy costs.

2 weeks ago - Yahoo Finance

Arconic stock falls after annual forecast chopped

Arconic Corp. ARNC, -3.12% shares fell in after-hours trading Wednesday after executives trimmed the aluminum company's annual outlook due to production issues and European energy costs. The stock decli...

2 weeks ago - Market Watch

Arconic Provides Preliminary Third Quarter Operating Results and Updated Full-Year Outlook

PITTSBURGH--(BUSINESS WIRE)--Arconic Corporation (NYSE: ARNC) (“Arconic” or “the Company”) today provided preliminary operating results for the third quarter 2022 and updates to its outlook for the full...

2 weeks ago - Business Wire

Arconic (ARNC) Misses Q2 Earnings and Revenue Estimates

Arconic (ARNC) delivered earnings and revenue surprises of -13.89% and 0.54%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Arconic tops Q2 estimates but stock falls on soft guidance

Arconic Corp. ARNC, +0.70% said Tuesday it had net income of $114 million, or $1.05 a share, in the second quarter, after a loss of $427 million, or $3.89 a share, in the year-earlier period. Sales clim...

2 months ago - Market Watch

Arconic Reports Second Quarter 2022 Results

PITTSBURGH--(BUSINESS WIRE)--Arconic Corporation (NYSE: ARNC) (“Arconic” or “the Company”) today reported second quarter 2022 results. Revenue was $2.5 billion, up 16% from the prior quarter, primarily ...

2 months ago - Business Wire

Arconic to Host Webcast and Announce Second Quarter 2022 Results

PITTSBURGH--(BUSINESS WIRE)--Arconic Corp. (NYSE: ARNC) (“Arconic” or “the Company”) will hold a webcast and teleconference to discuss second quarter 2022 financial results on Tuesday, August 2, 2022 at...

2 months ago - Business Wire

Union Members Ratify Four-Year Agreement with Arconic

PITTSBURGH , June 1, 2022 /PRNewswire/ -- The United Steelworkers (USW) today said that members ratified a new, four-year master contract with Arconic (NYSE: ARNC) covering roughly 3,400 workers in Dave...

4 months ago - PRNewsWire

Arconic Publishes 2021 ESG Report

PITTSBURGH--(BUSINESS WIRE)--Arconic Corporation (NYSE: ARNC) (“Arconic” or the “Company”) has published its 2021 Environmental, Social and Governance (ESG) Report. The report, which can be downloaded f...

4 months ago - Business Wire

Arconic to Pursue Sale of Russian Operations

PITTSBURGH--(BUSINESS WIRE)--Arconic Corporation (NYSE: ARNC) (“Arconic” or the “Company”) announced today that the Company will be pursuing the sale of its Russian operations. The Company undertook a t...

4 months ago - Business Wire

USW Announces Tentative Agreement with Arconic on Four-Year Contract

PITTSBURGH , May 15, 2022 /PRNewswire/ -- The United Steelworkers (USW) today said that the union has reached a tentative agreement on a new, four-year master contract with Arconic (NYSE: ARNC) covering...

4 months ago - PRNewsWire

Arconic to Host Investor Day in New York on June 6, 2022

PITTSBURGH--(BUSINESS WIRE)--Arconic Corp. (NYSE: ARNC) (“Arconic” or “the Company”) will host an in-person Investor Day at the New York Stock Exchange on Monday, June 6, 2022, from 9:00 AM ET to 12:00 ...

4 months ago - Business Wire

Arconic (ARNC) Q1 Earnings and Revenues Lag Estimates

Arconic (ARNC) delivered earnings and revenue surprises of -9.30% and 4.36%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Arconic misses Q1 targets but hikes revenue outlook past analyst expectations

Arconic Corp. ARNC, +1.19% said Tuesday its first-quarter profit fell to $42 million, or 39 cents a share, from $52 million, or 46 cents a share, in the year-ago period. Revenue rose 31% to $2.19 billio...

5 months ago - Market Watch

Arconic Reports First Quarter 2022 Results and Raises Outlook

PITTSBURGH--(BUSINESS WIRE)--Arconic Corporation (NYSE: ARNC) (“Arconic” or “the Company”) today reported first quarter 2022 results. Revenue was $2.2 billion, up 2% from the prior quarter, primarily du...

5 months ago - Business Wire

Earnings Preview: Arconic (ARNC) Q1 Earnings Expected to Decline

Arconic (ARNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

Arconic to Host Webcast and Announce First Quarter 2022 Results

PITTSBURGH--(BUSINESS WIRE)--Arconic Corp. (NYSE: ARNC) (“Arconic” or “the Company”) will hold a webcast and teleconference to discuss first quarter 2022 financial results on Tuesday, May 3, 2022 at 10 ...

5 months ago - Business Wire

Arconic Names Daniel Fayock EVP, Chief Legal Officer and Corporate Secretary

PITTSBURGH--(BUSINESS WIRE)--Arconic Corporation (NYSE:ARNC) (“Arconic” or “the Company”) has named Daniel Fayock Executive Vice President, Chief Legal Officer and Corporate Secretary. Fayock joins the ...

5 months ago - Business Wire

7 Stocks Hit Hardest by Supply Chain Issues

Buying the dips on stocks hit hardest by temporary supply chain issues could capture high return opportunities. We discuss seven options today.

Other symbols: ATERBBBYEPAMFNKLAROKU
6 months ago - InvestorPlace

How Arconic (ARNC) Stock Stands Out in a Strong Industry

Arconic (ARNC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

6 months ago - Zacks Investment Research

Arconic to pause new contracts in Russia, will only conduct business there that fulfills existing obligations

Arconic Corp. ARNC, +4.74% said Thursday it will pause new contracts in Russia, as the aluminum company joined a growing list of U.S. companies halting Russia operations in response to the country's inv...

6 months ago - Market Watch

Arconic to Pause New Contracts in Russia, Arconic Foundation to Grant $300,000 to Support Humanitarian Efforts

PITTSBURGH--(BUSINESS WIRE)--Arconic Corp. (NYSE: ARNC) (“Arconic” or “the Company”) announced today that the Company will only conduct business in Russia that fulfills existing obligations in accordanc...

6 months ago - Business Wire

These 15 Stocks And 10 Funds Are Overexposed To Russia And Ukraine

Large caps like Renault and Citigroup have suffered double-digit declines in part due to Russia's invasion of Ukraine. The conflict has had a more severe impact on some smaller stocks.

7 months ago - Forbes

The stocks exposed to the Russia-Ukraine crisis

Yahoo Finance Live's Julie Hyman and Brian Sozzi discuss how stocks like McDonald's, PepsiCo, and Philip Morris International are exposed to escalating Russia-Ukraine tensions.

Other symbols: MCDMHKPEPPM
7 months ago - Yahoo Finance