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 analyst gave a price target of 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 7.89 percent. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 11.64 percent.
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 revised their estimates downwards. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of KALU to grow at a rate of 20.36 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. KALU has a PEG ratio of 1.05.
KALU has a 52-week high of 98.72 and a 52-week low of 69.41. Today's price is 39.19 percent above the 52-week low, and 2.14 percent lower than its 52-week 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 will post this quarters earnings in days, on 0000-00-00.