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.
Many analysts weighed in on price targets for KALU. The maximum price target given was 115, which equates to a potential upside of 19.04 percent. The most pessimistic price target was 85, which equates to a potential downside of -12.02 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 7.89 percent. That number becomes 3.3 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 12.34 percent, as compared to a month ago. 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 made negative revisions. 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.
KALU has an estimated earnings growth rate of 20.36 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of KALU is 1.05.
KALU has traded between a high of 98.72 and a low of 69.41 over the past year. 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 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 market cap of KALU is $1.63 billion. KALU will post this quarters earnings in days, on 0000-00-00.