News headlines about Kaiser Aluminum (NASDAQ:KALU) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Kaiser Aluminum earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 45.5017048520998 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Kaiser Aluminum (NASDAQ KALU) opened at $105.19 on Thursday. The company has a market cap of $1,797.27, a price-to-earnings ratio of 40.93, a PEG ratio of 1.11 and a beta of 0.63. Kaiser Aluminum has a twelve month low of $76.73 and a twelve month high of $116.86. The company has a quick ratio of 2.59, a current ratio of 3.79 and a debt-to-equity ratio of 0.50.
Kaiser Aluminum (NASDAQ:KALU) last issued its quarterly earnings results on Wednesday, February 21st. The industrial products company reported $1.22 EPS for the quarter, missing the Zacks’ consensus estimate of $1.26 by ($0.04). The company had revenue of $353.00 million during the quarter, compared to the consensus estimate of $348.95 million. Kaiser Aluminum had a return on equity of 11.35% and a net margin of 3.25%. Kaiser Aluminum’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.27 EPS. equities research analysts expect that Kaiser Aluminum will post 6.46 earnings per share for the current fiscal year.
A number of analysts recently weighed in on the stock. BidaskClub lowered shares of Kaiser Aluminum from a “buy” rating to a “hold” rating in a report on Tuesday, February 27th. Zacks Investment Research raised shares of Kaiser Aluminum from a “sell” rating to a “hold” rating in a report on Friday, December 1st. Cowen reaffirmed a “hold” rating and set a $107.00 target price on shares of Kaiser Aluminum in a report on Friday, February 23rd. ValuEngine raised shares of Kaiser Aluminum from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. Finally, Morgan Stanley upped their target price on shares of Kaiser Aluminum from $87.00 to $101.00 and gave the stock an “equal weight” rating in a report on Thursday, November 16th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $103.43.
In other news, EVP John Malcolm Donnan sold 6,783 shares of the stock in a transaction on Monday, March 12th. The shares were sold at an average price of $107.10, for a total value of $726,459.30. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jack A. Hockema sold 9,000 shares of the stock in a transaction on Wednesday, March 7th. The stock was sold at an average price of $104.01, for a total transaction of $936,090.00. The disclosure for this sale can be found here. Insiders sold a total of 22,391 shares of company stock worth $2,370,002 in the last three months. Insiders own 3.00% of the company’s stock.
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Kaiser Aluminum Company Profile
Kaiser Aluminum Corporation manufactures and sells semi-fabricated specialty aluminum mill products. The Company operates in the Fabricated Products segment. The Company’s Fabricated Products segment focuses on producing rolled, extruded and drawn aluminum products used principally for aerospace and defense, automotive and general engineering products that include consumer durables, electronics, electrical and machinery and equipment applications.
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