Kaiser Aluminum (NASDAQ:KALU – Get Free Report) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.
Kaiser Aluminum Price Performance
Shares of KALU stock opened at $70.33 on Friday. Kaiser Aluminum has a 52-week low of $63.44 and a 52-week high of $102.42. The stock has a market cap of $1.13 billion, a PE ratio of 24.51 and a beta of 1.37. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.36 and a current ratio of 2.44. The firm’s 50 day moving average price is $70.82 and its two-hundred day moving average price is $73.25.
Kaiser Aluminum (NASDAQ:KALU – Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The industrial products company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.30). Kaiser Aluminum had a net margin of 1.55% and a return on equity of 6.25%. The business had revenue of $765.40 million during the quarter, compared to the consensus estimate of $752.00 million. During the same period in the previous year, the business posted $0.60 earnings per share. As a group, analysts forecast that Kaiser Aluminum will post 5.14 EPS for the current year.
Hedge Funds Weigh In On Kaiser Aluminum
Kaiser Aluminum Company Profile
Kaiser Aluminum Corporation, together with its subsidiaries, engages in manufacture and sale of semi-fabricated specialty aluminum mill products in the United States and internationally. It offers rolled, extruded, and drawn aluminum products used for aerospace and defense, aluminum beverage and food packaging, automotive and general engineering products.
Further Reading
- Five stocks we like better than Kaiser Aluminum
- How to find penny stocks to invest and trade
- Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead
- What Makes a Stock a Good Dividend Stock?
- How Super Micro Computer Stock Is Defying the Market Sell-Off
- What is the Dogs of the Dow Strategy? Overview and Examples
- AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?
Receive News & Ratings for Kaiser Aluminum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kaiser Aluminum and related companies with MarketBeat.com's FREE daily email newsletter.