Analyst Revises Kaiser Aluminum Corporation (NASDAQ:KALU) Stock Target


Kaiser Aluminum Corporation (NASDAQ:KALU) mean price target is revealed at $90.630 by Thomson Reuters. The group followed the stock recommendations given by experts in the First Call poll. Also, it is possible that the firm may list per share earnings of $1.250 in the coming quarter and $5.230 for the ongoing fiscal. The market cap of Kaiser Aluminum Corporation was $1.52B after the equity closed at $83.970 in last trading day.

What The Valuation Says?

The price/earnings ratio is listed in the group of ratios that are used for stock valuation. Commonly entitled as P/E ratio, it aids investors know where the firm positions in the market. It is a consequent when share’s latest price is divided by per-share earnings. Kaiser Aluminum Corporation (NASDAQ:KALU) has a P/E ratio of 17.177. Investors can ascertain how the stock is doing in the industry by assessing Price-to-Earnings Growth ratio.

In common, a high P/E proposes that investors are predicting higher earnings surge in the future compared to firms with a lower P/E ratio. A low P/E can direct either that a firm may currently be underrated or that the firm is doing extremely well comparative to its past trends. When a firm has no earnings or is recording losses, in both circumstances P/E will be stated as “N/A.” Though it is likely to compute a negative P/E, it is not the common convention.

Kaiser Aluminum Corporation (NASDAQ:KALU) PEG ratio sits at 0.940. A low PEG ratio presents an investment opportunity to the resourceful traders and investors. The stocks with a reading in between 0 and 1 are undervalued equities. A reading of 1 and 2 denotes fairly priced stocks.

Technical Perspective

The technical study of Kaiser Aluminum Corporation visibly elucidates that the 50-day MA of Kaiser Aluminum Corporation is $84.511, and stock is trading $0.464 points away or +0.549% from 50-day moving average of $84.511. It is trading $-0.773 or -0.901% away 200-day moving average of $85.748. Kaiser Aluminum Corporation (NASDAQ:KALU) 52-week high is $96.060 and the 52-week low is $70.140. This represents that if the equity moves $-11.085 points upside on the chart, it will hit a 52-week high. On the other hand, if it plunges +21.151%, then the share price can log a new 52-week low.

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