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.
Several price targets were given for KALU by the analysts covering the stock. The most optimistic analyst gave a price target of 115, implying potential capital gains of 19.04 percent. The most pessimistic price target was 85, implying a possible loss of -12.02 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 7.89 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which 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.
People are often interested in whether analysts were united in the direction of their revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Also over the last month, 5 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
The growth rate of KALU's earnings is estimated by analysts to be 20.36 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. 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 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 stock has a market capitalization of $1.63 billion. KALU is estimated to release their earnings results for the quarter on 0000-00-00, days from today.