Kaiser Aluminum Corp (NASDAQ: KALU) has reported E.P.S. of $0.75 for its third fiscal quarter (ending September 30) versus $0.34 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $2.94 versus $0.82 for the same period a year ago.
Recent Price Action
On 10/23/24, Kaiser Aluminum Corp (NASDAQ: KALU) stock suffered a large decline of -5.6%, closing at $67.55. Moreover, trading volume in this decline was exceptionally high at 408% of normal. The stock has performed in line with the market over the last nine months and has declined -5.6% during the last week.
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 C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Kaiser Aluminum has a neutral Power Rating of 55 and a slightly positive Appreciation Score of 63, triggering the High 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.
Be the first to comment