For its first fiscal quarter (ending March 31), Kaiser Aluminum Corp (NASDAQ: KALU) has reported E.P.S. of $1.53 compared to $1.00 a year ago. For the latest four quarters through March 31, E.P.S. were $3.48 compared to $-1.37 a year ago.
Recent Price Action
Kaiser Aluminum Corp (NASDAQ: KALU) stock closed at $87.33 on 4/24/24 after a decline of -2.6%. Moreover, trading volume in this decline was above average at 123% of normal. The stock has declined -3.5% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, KALU is expected to be a Value Builder.
Kaiser Aluminum has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Kaiser Aluminum has a neutral Appreciation Score of 49 and a neutral Power Rating of 56, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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