$0.28 EPS Expected for Arconic Inc (ARNC)

The number of shares now owned by investors are 142.26 mln. Harris Associates L P lifted its stake in shares of Arconic by 151.0% in the 2nd quarter. It has been assigned a low target price of $46.5 and a high target price of $55. State of Tennessee Treasury Department boosted its position in Arconic by 11.7% in the first quarter. Following the purchase, the director now owns 7,928 shares in the company, valued at $194,790.96.

Looking further out, over the past twelve months, Arconic Inc.'s stock was 15.95% and 13.23% over the last quarter and 3.01% for the past six months. Arconic Inc. (ARNC) now has 441030 shares outstanding, which means that its market capitalization is $12.04B. SG Americas Securities LLC's holdings in Arconic were worth $3,511,000 at the end of the most recent quarter.

Publicly-traded company Arconic Inc. About 2.55M shares traded. The stock's market capitalization is $12.18 billion. The firm's 50 day moving average price is $25.63 and its 200-day moving average price is $25.84. In the past 52 weeks the company's stock price has moved within the range of $16.75 to $30.69.

Taking a look at a public company's Earnings per Share (EPS) is a good way of evaluating its profitability. (ARNC) - averaging the work of different analysts - reveals a mean PT of $24.14/share.

Wall Street analysts, on average, are forecasting the company's EPS to be 0.28, compared to 0.32 reported in the same quarter previous year. Arconic now has a consensus rating of Hold and an average price target of $27.36.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 25th. Investors of record on Friday, November 3rd will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.88%.

Other equities analysts have also recently issued reports about the stock.

Arconic Inc. (NYSE:ARNC) closed up +0.29 points or 1.07% at $27.39 with 3.75 mln shares exchanging hands. Cowen and Company restated a "hold" rating and set a $25.00 target price on shares of Arconic in a research report on Monday, June 26th. The rating was upgraded by Argus Research to "Buy" on Thursday, December 8. The company was initiated on Friday, March 31 by Longbow. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Finally, JPMorgan Chase & Co. assumed coverage on Arconic in a report on Tuesday, April 18th. And then on the other side of the spectrum one analyst entrenched in the bullish camp has a target as high as $28. A 6 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of ARNC or, if they already own its stock, sell it.

Among 13 analysts covering Tetra Technologies (NYSE:TTI), 10 have Buy rating, 0 Sell and 3 Hold.

In other Arconic news, major shareholder Associates L.P. Elliott acquired 128,000 shares of the company's stock in a transaction on Tuesday, February 21st. The stock was acquired at an average price of $24.57 per share, with a total value of $368,550.00. Following the purchase, the director now owns 4,409 shares in the company, valued at approximately $108,064.59. At the moment, Arconic Inc. The Company operates through three segments: Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. The Company's multi-material products, which include aluminum, titanium and nickel, are used around the world in markets, such as aerospace, automotive, commercial transportation and packaging.

Like this



12 October 2017
Prince Charles to lay Remembrance Day wreath on Queen's behalf
A statement from Buckingham Palace added: " The Queen wishes to be alongside the Duke of Edinburgh and he will be in the balcony". Buckingham Palace said this year's arrangements may not necessarily be the same for next year's service.

12 October 2017
Introducing the brand new waterproof Kindle Oasis
The new Kindle Oasis is priced at Rs. 21,999 for the 8GB model and Rs. 28,999 for the 32GB model (Wi-Fi + free 3G). The Kindle Oasis can be connected to wireless headphones or wireless speakers via Bluetooth.

12 October 2017
Australian court says man's unsent text message counts as valid will
The unsent text message was never sent but had important information that convinced the court that the man was using it as a will. The man's wife "will take her stuff", the message stated, adding that there was "a bit of cash behind TV and a bit in the bank".

12 October 2017
Survey paints 'upbeat' picture for housing market
And despite the announcements at the recent Conservative Party conference, it is hard to envisage this changing any time soon. New instructions to sell were stable for the second month running, having declined continuously for the past 18 months.

12 October 2017
Institutional Investors Lead Shift in Crown Holdings Inc (NYSE:CCK) Sentiment
The institutional investors in our partner's database now own: 120.15 million shares, down from 123.29 million shares in 2017Q1. Commonwealth Bank Of Australia increased Crown Holdings Inc ( CCK ) stake by 409.09% reported in 2017Q2 SEC filing.

12 October 2017
RSS attacks Rahul Gandhi, tells him to focus on Congress
He said, "the Sangh had decided way back that it will work in the midst of men, and it has the right to decide this". They should not play hockey and cricket together, They need to induct some intellectuals in their fold.

12 October 2017
Bed Bath & Beyond Inc. (NASDAQ: BBBY)
Credit Suisse maintained Bed Bath & Beyond Inc. (NASDAQ: BBBY ) on Monday, September 28 with "Neutral" rating. (NASDAQ: BBBY ). They expect this year's earnings to fall -34.5% year-over-year to $3, followed by -9.33% decline in the next year to $2.72.

12 October 2017
Varied Analyst Comments On Rowan Companies plc (RDC), Vanda Pharmaceuticals Inc. (VNDA)
The collective rating of 2.6 for Rowan Companies plc (NYSE: RDC ) also leans strongly towards the neutral end of the spectrum. The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $1.65B.

12 October 2017
Bautista saddened by House nod on impeach rap
But the committee report of the Committee on Justice dismissing the impeachment complaint is already scheduled before plenary. Only 75 voted in favor of the resolution, while two congressmen abstained.

12 October 2017
Activist investor 'builds stake in bid target Smith & Nephew'
As of the end of the quarter Genesee Valley Trust Co had acquired a total of 201 shares growing its holdings by 1.9%. Also covering Smith & Nephew PLC (ADR)'s price target, a total of 3 firms have issued a report on the company.