Recent significant negative changes in fundamentals have impacted Kaiser Aluminum Corp (NASDAQ: KALU): the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Kaiser Aluminum Corp (NASDAQ: KALU) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, and negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, KALU is expected to be a Value Builder.
Kaiser Aluminum has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Kaiser Aluminum has a slightly positive Appreciation Score of 62 and a very high Power Rating of 94, producing the Highest Value Trend Rating.
Recent Price Action
On 8/5/24, Kaiser Aluminum Corp (NASDAQ: KALU) stock declined modestly by -1.3%, closing at $69.11. Trading volume in this decline was normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -11.1% during the last week.
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