Alert: Negative Investment/Fundamental Signals (8/30/24)-Kaiser Aluminum Corp (NASDAQ: KALU)

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Kaiser Aluminum Corp (NASDAQ: KALU) suffers from important negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Recent notable negative changes in investment behavior have affected Kaiser Aluminum Corp (NASDAQ: KALU): 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.

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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). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Kaiser Aluminum has a slightly positive Appreciation Score of 61 and a very high Power Rating of 87, and the Highest Value Trend Rating results.

Recent Price Action

On 8/30/24, Kaiser Aluminum Corp (NASDAQ: KALU) stock rose modestly by 0.4%, closing at $74.55. However, trading volume in this advance was below average at 72% of normal. The stock has risen 5.3% during the last week and has been exceptionally strong relative to the market over the last nine months.

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