Analyst Ratings for Kaiser Aluminum Corp. (KALU)Updated: 2017-07-27
Analysts covering Kaiser Aluminum Corp. (NASDAQ:KALU) have given it a consensus rating of Overweight. About 30 days ago, KALU was issued an average rating of Overweight.
A buy rating was issued by 4 analysts, 0 issued an overweight rating, 3 gave a hold rating, 1 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.
KALU was given price targets by several analysts. The maximum price target given was 115, which equates to a potential upside of 19.04 percent. The minimum price target given was 85, implying a possible loss of -12.02 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 7.89 percent. The average change in earnings estimates over the last 90 days is 3.3 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 12.34 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 11.64 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Also over the last month, 5 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of KALU to grow at a rate of 20.36 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of KALU is 1.05.
KALU has a 52-week high of 98.72 and a 52-week low of 69.41. The current market price is above the trailing year's low by 39.19 percent, and 2.14 percent below the high. KALU has a price/earnings ratio of 21.4. Investors typically compare the P/E ratio to a company's peers in the industry. The KALU value stock report compares KALU to some of its peers using value stock charts. The market cap of KALU is $1.63 billion. KALU's next earnings release will be on 0000-00-00, which is days away.