Group 1 - Alcoa Corp. has seen a significant increase in its quality ranking, moving into the top 10th percentile among peers, indicating strong operational efficiency and financial health [1][2] - The company's quality score rose from 88.85 to 91.20, reflecting a 2.35-point improvement amid challenging market conditions [2] - Alcoa's position is strengthened by its role as a supplier of lightweight alloys to major companies like Ford and RTX Corp., which rely on high-strength aluminum components [3] Group 2 - Recent disruptions in the industry, such as a fire at Novelis' plant that affected 40% of U.S. automaker aluminum sheets, have increased Alcoa's reliability as a supplier [4] - Ford is actively seeking to mitigate aluminum shortages for its popular F-150 and SUVs, which positions Alcoa to gain a larger market share [4] - Alcoa's quality score is complemented by a strong value score at the 89.13th percentile, indicating potential undervaluation compared to its assets, earnings, and sales [5] Group 3 - The company's growth score stands at 72.03, suggesting steady earnings and revenue expansion, while its momentum score is at 58.63, indicating building price strength [6] - Alcoa shares experienced a 1.84% increase on Thursday but saw a decline of 1.21% in after-hours trading, with a year-to-date drop of 2.26% and a 7.98% decline over the year [7]
This Aluminum Supplier To Ford Motor Looks All Set To Soar: Big Spike In Quality Score - Alcoa (NYSE:AA)