Shares of Arconic Inc. (ARNC) have traded between $16.46 – 31.46. The next earnings date is set for Jan 15, 2020. Let’s see how its prospects are shaping up.
What does Arconic Inc.(ARNC) do?
Alcoa Corp. engages in the production of bauxite, alumina and aluminum products. It operates through the following segments: Bauxite, Alumina, Aluminum, Cast Products, Energy and Rolled Products. The Bauxite segment portfolio represents its bauxite mining assets and it is mined and sold primarily to internal customers within the Alumina segment, who then process it into alumina. The Alumina segment represents its worldwide refining system, which processes bauxite into alumina, which is mainly sold directly to internal and external smelter customers worldwide. The Aluminum segment represents its worldwide smelter system, which receives alumina, mostly from the Alumina segment, and produces molten primary aluminum. The Cast Products segment represents its worldwide cast house system, which are made from molten aluminum, purchased primarily from its Aluminum segment, which is then formed into various value-added ingot products, including billet and slab, for use in fabrication operations in a variety of industries. The Energy segment represents portfolio of energy assets. The Rolled Products segment represents its rolling mill in Warrick, Indiana, which produces aluminum sheet primarily sold directly to customers in the packaging end market for the production of aluminum cans. Alcoa Corporation began operation as a separate company on November 1, 2016 and was formed by Alcoa Inc. (now named Arconic Inc.) via a distribution of shares (spinoff) to existing Alcoa Inc. stockholders. The company is headquartered in New York, NY.
ARNC Insider Trading Insight
On 2018-01-31, Sigurdsson Tomas Mar EVP, COO sold 10,000 shares of ARNC. That represents a value of $46,832.
The SWAV Consensus Price Target
The mean recommendation of ShockWave Medical, Inc. from top Wall Street analysts is a Strong Buy. That is based on 4 analysts who work on the Street. Based on 4 analysts offering 12 month price targets for Shockwave Medical in the last 3 months. The average price target is $44.75 with a high forecast of $49.00 and a low forecast of $35.00. The average price target represents a 1.73% increase from the last price of $43.99. Last week, several articles were published in financial papers about SWAV and 36% Bearish while 64% Bullish.
SWAV Intraday Trading
SWAV is due to report earnings on Feb 06, 2020. In the last year the price has ranged from 24.58 – 68.39. Recently, Godshall Douglas Evan sold 30,000 shares of SWAV. He is a $160,980 shareholder in SWAV.
Looking for stocks similar to ARNC and SWAV?