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.
Investment analysts gave a few price targets for KALU. The most optimistic price target was 115, implying potential capital gains of 19.04 percent. The lowest price target was 85, implying potential capital losses of -12.02 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 7.89 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 3.3 percent. Meanwhile, fiscal year estimates have been revised upwards by 12.34 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 11.64 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
KALU has an estimated earnings growth rate of 20.36 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of KALU is 1.05.
In the last 52-weeks, KALU has achieved a high of 98.72 and a low of 69.41. Today's price is 39.19 percent above the 52-week low, and below the high by 2.14 percent. KALU has a P/E 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 stock has a market capitalization of $1.63 billion. KALU will post this quarters earnings in days, on 0000-00-00.