Aa stock price forecast fundamental valuation models suggest

Fundamental valuation models suggest the "AA stock price forecast" could strengthen further as the company optimizes its smelting operations. Forward P/E is estimated at 10.3, below industry averages, which may attract value investors seeking cyclical growth exposure in the commodities sector. To begin with, Alcoa seems to have a respectable ROE. Especially when compared to the industry average of 11% the company's ROE looks pretty impressive. Given the circumstances, we can't help but wonder why Alcoa saw little to no growth in the past five years. We reckon that there could be some other factors at play here that's limiting the company's growth. Such as, the company pays out a huge portion of its earnings as dividends, or is faced with competitive pressures. Why State Street's Options Volume Just Sent a Bullish Signal Industry analysts tie the "AA stock price forecast" to global infrastructure spending, with the U.S. and Asia both increasing aluminum consumption. A break above $38 could trigger momentum buying, given chart patterns resembling an ascending triangle.