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Alcoa is Among the Companies in the Aluminum Industry With the Highest Operating Margin (AA, NOR, KALU)
Edited by : AL CIRCLE
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Below are the three companies in the Aluminum industry with the highest operating margin. A healthy operating margin is required for a company to pay for its fixed costs and generate cash.
Alcoa (NYSE:AA) is highest with an operating margin of 6.9%. Alcoa Inc. produces primary aluminum, fabricated aluminum, and alumina, and participates in mining, refining, smelting, fabricating, and recycling. The Company serves customers worldwide primarily in the transportation, packaging, building, and industrial markets with both fabricated and finished products.
There is potential upside of 48.5% for shares of Alcoa based on a current price of $8.61 and an average consensus analyst price target of $12.78. The stock should run into initial resistance at its 50-day moving average (MA) of $9.81 and subsequent resistance at its 200-day MA of $13.34.
Following is Noranda Aluminum (NYSE:NOR) with an operating margin of 5.8%.
Finishing up the top three is Kaiser Aluminum (NASDAQ:KALU), with an operating margin of 1.6%.
Alcoa (NYSE:AA) is highest with an operating margin of 6.9%. Alcoa Inc. produces primary aluminum, fabricated aluminum, and alumina, and participates in mining, refining, smelting, fabricating, and recycling. The Company serves customers worldwide primarily in the transportation, packaging, building, and industrial markets with both fabricated and finished products.
There is potential upside of 48.5% for shares of Alcoa based on a current price of $8.61 and an average consensus analyst price target of $12.78. The stock should run into initial resistance at its 50-day moving average (MA) of $9.81 and subsequent resistance at its 200-day MA of $13.34.
Following is Noranda Aluminum (NYSE:NOR) with an operating margin of 5.8%.
Finishing up the top three is Kaiser Aluminum (NASDAQ:KALU), with an operating margin of 1.6%.
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